Shiba Inu (SHIB) Price Prediction: Shiba Inu Set for Major Rally as Historic $38B Volume and Oversold Conditions Trigger Bullish Surge
The post Shiba Inu (SHIB) Price Prediction: Shiba Inu Set for Major Rally as Historic $38B Volume and Oversold Conditions Trigger Bullish Surge appeared on BitcoinEthereumNews.com.
Shiba Inu (SHIB) is regaining attention in the crypto market, as rising trading volume and favorable technical signals hint at a potential major rally for the popular meme coin. Investors and traders are closely watching SHIB’s market movements after months of consolidation. With oversold conditions emerging and historical trading volumes revisited, market sentiment is shifting toward optimism for a short-term rebound. Historic Volume Highlights Meme Coin Momentum Shiba Inu (SHIB), one of the most widely followed meme coins in the crypto market, is showing signs of a potential rally as trading volume and technical indicators signal renewed momentum. At its peak, Shiba Inu (SHIB) recorded a daily trading volume of $36 billion, double that of Trump’s $TRUMP token, which peaked at $18 billion. Source: Sweep via X At its peak in October 2021, SHIB recorded a historic daily trading volume of $38 billion, dwarfing the $18 billion peak of newer meme tokens like $TRUMP in January 2025. Crypto trader @0xSweep highlighted this disparity, noting how SHIB’s record volumes reflect the intense retail participation and hype that characterized its previous bull run. SHIB’s trading frenzy back in 2021 set a benchmark for meme coin activity that remains rarely seen in today’s market, emphasizing the persistent interest among retail investors. Oversold Conditions Signal Potential Rebound Technical indicators suggest Shiba Inu may be undervalued in the short term. Analysts observe that volume is rising while the asset remains in oversold territory, a combination often interpreted as a precursor to price recovery. Oversold levels, typically identified via tools like the Relative Strength Index (RSI), suggest that traders may be undervaluing SHIB, creating conditions for a potential rebound. Rising volume and oversold conditions suggest a potential Shiba Inu (SHIB) rebound, as reflected in the chart’s projected movement. Source: SARAAH87 on TradingView In practical terms, this…
Filed under: News - @ November 3, 2025 9:29 pm