Shiba Inu’s centralized exchange drought might serve as the moonshot the SHIB Army had been itching for.
The mainstream canine coin Shiba Inu (SHIB) has recouped the four-zero price territory after an intense battle with the fifth zero, but the rebound rally doesn’t seem to be taking off. Usually following in the footsteps of Bitcoin (BTC) & the parent chain Ethereum (ETH) during price rallies, SHIB stayed silent on Monday, while BTC recouped $115.5K.
Shiba Inu’s Exchange Liquidity Hits Four-Year Bottom
While Shiba Inu (SHIB) picked up 1.4% gains to trade at $0.00001059, none of the crucial resistance levels can be restored unless a double-digit percentage rally is whipped up. What’s stopping Shiba Inu (SHIB) from an upward projection? Market watchers are pointing the finger at SHIB’s stagnant trading volumes, barely reaching $200 million per day.
However, the dwindling trading volumes don’t necessarily scream bearish – in Shiba Inu’s case, this has to do with the meme coin’s scarcity on major exchanges (CEXs). Since early 2025, the liquidity crunch has been noticeable. Beginning the year at 140.7 trillion SHIB tokens, now the centralized exchanges (CEXs) had pushed this figure to a four-year low, currently at 82.27T.
Surely, this hints at Shibarium’s decentralized finance (DeFi) crusade to have succeeded on a major scale, as holders decide to switch to non-custodial crypto wallets. Starting at a hefty 999 trillion tokens, the popular meme coin saw years & years of community-enabled token burning initiatives. As a result, SHIB’s current circulation is capped at 585.225 trillion tokens.
Will SHIB’s Price React To Sky-High Scarcity Levels?
At the current moment, Shiba Inu coin’s (SHIB) technical price structure nears a break point at $0.00001068, which stands for the red-label Bollinger Band (BOLL). If sustained above, a close above could as well pave the way to $0.00001200, a mid-point Fibonacci level that would restore Shiba Inu’s price levels lost during the drastic October 11, 2025 market dip.
A full retracement of the damage caused by the $19 billion market wipe-out would put SHIB at $0.000013, where the majority of SHIB tokens lie. This resistance level mostly plays a decisive part in Shiba Inu’s (SHIB) broader bounce back rallies, but not without sufficient whale support & consistent trading volumes. Now, the whales are bullish with the CMF flashing 0.10.
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