Shiba Inu (SHIB) Market Update – 7 January 2026
- Price action – SHIB opened 2026 with a 30 % rally, reaching a 48 % gain from the December 31 low. The daily price rose from $0.00000911693 on 5 January to a high near $0.0000106, where a potential 200‑day moving‑average golden cross could trigger a 5‑digit price breakout.
- Technical indicators – The daily chart currently displays a giant falling‑wedge pattern. Open‑interest in futures contracts has continued to rise, supporting the bullish momentum.
- Volume and liquidity – Trading volume increased in the first days of the year, coinciding with the surge in market participation across meme‑coin sectors.
- Whale activity – A single wallet holding $3.3 billion in SHIB was highlighted as a signal of rising investor confidence.
- Market sentiment – Analysts note a broader memecoin rotation return, with SHIB positioned as a leading performer. The market has become less stressed in Bitcoin, allowing risk appetite to shift toward alt‑assets.
- Risk alerts – A sophisticated wallet‑spoofing scam targeting SHIB holders has been reported during the current rally, warning investors to verify transaction addresses.
Fundamental Snapshot (as of 5 January 2026)
| Metric | Value |
|---|---|
| Market cap | $5,267,149,074.19 |
| 52‑week high | $0.00002489 |
| 52‑week low | $0.00000683266 |
| Close price (5 Jan) | $0.00000911693 |
The current trajectory suggests a potential breakout if the 200‑day moving average is crossed. However, the rally may also represent a paused downtrend until confirmed by sustained price action and broader market participation.
