Shiba Inu (SHIB) may be gearing up for a major breakout, with one crypto analyst projecting gains of more than 138% as technical patterns align with regulatory developments. The launch of SHIB futures on Coinbase and speculation over a potential spot ETF have added fresh fuel to the meme coin’s bullish outlook.
Expert Forecasts $0.000032 Price Target
Crypto analyst Javon Marks recently predicted that SHIB could rally as much as 138%, sending its price toward $0.000032 in the current cycle. Marks pointed to a symmetrical triangle formation on the two-day chart, a technical setup often preceding sharp breakouts.
SHIB is currently trading near $0.00001341, consolidating between narrowing ranges of lower highs and higher lows. According to Marks, the breakout arrow suggests an imminent upward push.
Momentum indicators further support the bullish scenario. SHIB has closed above its pivot point ($0.00001333) and 200-day exponential moving average ($0.0000139), while the MACD histogram turned positive and the RSI remains below overbought levels. Analysts note that a confirmed close above $0.00001412 with strong volume could spark algorithmic buying, accelerating the rally toward Marks’ projected target.
Burn Rate Adds Fuel to Sentiment
Shiba Inu’s burn rate spiked 438% over the past 24 hours, reducing circulating supply and boosting community sentiment. While the total number of tokens destroyed remains modest compared to past burn phases, the increase highlights ongoing efforts to improve SHIB’s tokenomics.
Burn activity often provides a psychological tailwind for the Shiba Inu community, reinforcing the narrative that supply reduction can strengthen long-term price appreciation.
SHIB Futures Open ETF Possibilities
A significant catalyst for SHIB’s outlook has been Coinbase’s listing of SHIB futures under the “1k Shib Index.” The move not only enhances SHIB’s legitimacy but also potentially clears a pathway for spot ETF approval.
Under updated SEC rules, digital assets with regulated futures trading are eligible for accelerated ETF review within 75 days. This places Shiba Inu on what many analysts call the “ETF watchlist,” alongside other futures-backed altcoins such as XRP, Cardano, and Dogecoin.
While a standalone Shiba Inu ETF remains speculative, experts believe SHIB could be included in multi-asset crypto ETFs once regulators expand beyond Bitcoin and Ethereum.
Core team member Lucie emphasized SHIB’s accessibility, noting that it is listed on over 110 exchanges across more than 200 trading pairs, making it one of the most widely available cryptocurrencies globally. This broad reach, combined with regulatory momentum, strengthens its case for ETF inclusion.
Outlook: Breakout Potential Builds
With bullish technicals, a surging burn rate, and ETF speculation driving renewed optimism, SHIB’s outlook is improving. Analysts say that if momentum holds above key levels, a 138% rally to $0.000032 is within reach.
As Shiba Inu continues consolidating, the combination of technical resilience and regulatory tailwinds could make the meme coin one of the standout performers in the months ahead.
