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Shiba Inu Coin Price Prediction (Shiba Inu-SHIB): It is now possible to spend the currency in daily life. Will this new card reverse the trend?

The project opens a bridge between traditional finance (TradFi) and decentralized finance (DeFi) via its digital debit card, providing functional use that supports the bullish outlook for the Shiba Inu price; The Shiba Inu wallet product, in collaboration with Bitget, has seen great social momentum since its first announcement, but news of the launch faced a “sell when the news comes true” backlash, with the meme coin down 3.5% during Wednesday’s session. However, this decline has not affected the card’s basic usage, as it directly addresses the Shiba Inu’s most significant weakness, namely its effective adoption in daily life.

This collaboration offers the ability to spend up to $400 per month with no conversion fees, exchange fees or price differences, via the Shiba Inu digital debit card.

To encourage users to join this card, 115 million Shiba Inu tokens will be distributed to the first 100 users – approximately $10 each – and then each new user will receive $5 in tokens until November 26.

The Shiba Inu coin is trading less than 90% off its all-time high, while the Shibarium blockchain has struggled to maintain an active user base, with its total value locked (TVL) failing to exceed $1.86 million despite periodic surges since its 2023 launch.

Total value locked in the Shibarium blockchain, Source: DeFiLlama

These numbers show that the network has failed to build an active user base, highlighting the lack of adoption and low developer interest. As a result, Shiba Inu currency price action remains largely speculative, lacking real utility to support long-term growth. However, if the card gains popularity, this could give it value beyond speculation and contribute to stable price movement through tangible functional use.

Shiba Inu Price Prediction: Can the Chart Trigger a Bullish Reversal?

The chart may not have sparked an immediate uptrend, but it helped build optimism on the Shiba Inu price chart as the retest of the lower boundary of a seven-month descending channel shows the potential for a new starting base.

SHIB/USD 1-day price chart forming a bearish channel, Source: TradingView

The Relative Strength Index (RSI) shows upward divergence, making higher lows as price continues to form lower lows, while the MACD approaches a golden cross, both indicating that buying pressure is quietly building behind the scenes. A price return towards the previous strong support level at $0.0000107 could give Shiba Inu a stronger foundation to begin a lasting reversal.

If a clear breakthrough is achieved, the price could increase by 167% to $0.000024, although this scenario depends largely on the ability of the new Shiba Inu card to attract additional investment. To achieve a stronger push towards $0.00005 – an increase of approximately 465% – the Shiba Inu coin will need greater adoption by developers and users within the Shibarium blockchain to provide a true foundation that supports long-term growth.

Maxi Doge-MAXI: As the Shiba Inu slows down, another piece steals the show.

Meme coins are known for their cycles of alternating leadership, when a market leader faces a price cap, capital quickly moves to another competing meme coin with higher growth potential. This pattern has been repeated several times: the torch passed from Dogecoin-DOGE to Shiba Inu in 2021, followed by Floki-FLOKI, Bonk-BONK, Dogwifhat-WIF and Neiro-NEIRO; In each rising wave, a coin with the dog logo appears.

This turning point appears to have come for Maxi Doge, a new Dogecoin-inspired coin that is gaining considerable momentum, with growing interest in Dogecoin ETFs and the DOGE-1 mission to send a satellite to the moon, funded entirely by Shiba Inu.

The momentum was clearly reflected in the numbers, as the Maxi Doge token’s IPO approaches. 4.1 million dollarsWhile first-time investors get a variable annual return of up to 76% from the mortgage. For those who have had bad luck in previous Dogecoin waves, Maxi Doge could represent the next opportunity to catch a meme explosion before it makes a strong move.

To visit the official Maxi Doge coin subscription website, click here

Post Shiba Inu Currency Price Prediction (Shiba Inu-SHIB): It is now possible to spend the currency in daily life. Will this new card reverse the trend? appeared first on Cryptonews Arabic.

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