Shiba Inu’s Golden Cross: Will It Persist or Just Be a Flash in the Pan?

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Ah, the thrilling world of crypto charts – where a golden cross appears like a rare unicorn amidst the digital wilderness, signaling perhaps that the markets are feeling jazzed up. In this particular episode, Shiba Inu’s hourly chart has managed to do something rather entertaining: it’s snapped its short-term moving average above the long-term one. Quite the drama, especially considering Shiba Inu was busy shedding a zero from its price tag – currently sitting at a very modest $0.00001011, or as I like to call it, “Peanut’s Price” because it’s so tiny you’d need a magnifying glass just to see it. 🤓

Meanwhile, Shiba Inu is so bullish it extended its rebound on Friday, buoyed by a shiny gift: September inflation turned out to be milder than expected – a groovy 3.0% according to the Consumer Price Index, which is basically the government’s way of saying, “We’re not screwing things up too badly this month, folks.” The coin poetically danced up to $0.00001034, only to then strut back a tad, but still-four zeros post the decimal point. (It’s a long way from the days when people thought it would be the currency of the future.)

Humans love to test boundaries, and Shiba Inu has done just that, attempting twice in five days to crack the $0.00001 threshold, reaching highs of $0.00001056 and $0.00001034 on October 21 and 24 respectively. Alas, no cigar yet, and if it keeps retesting that barrier without breaking through, we might as well start calling it “the wall.” The next big test? Will Shiba Inu punch its way above that numerically tantalizing $0.00001 to set sights on targets like $0.00001186 or even $0.00001484? Or will support come trotting in at $0.00000925 or $0.00000850, just in case it takes a little tumble, adding another zero and giving the price a longer, more dramatic tail? The suspense! 😱

Shiba Inu Boosted by Big Names: Move Over, Traditional Funds?

This week, crypto world got a big insiders’ wink when T.Rowe Price, that venerable (and very wealthy) asset management giant toiling away with a hefty $1.77 trillion under its care, officially threw its hat into the ring – or rather, the ring of regulators. They’re seeking approval to launch an actively managed ETF, which, in layman’s terms, means a fancy pit stop for your money to get a whirl around diversified digital currencies. And guess what? Shiba Inu is on the roster! Yes, the underdog that started out as a joke token and is now being mentioned in the same breath as serious investors. Sure, the ETF will include 5 to 15 coins, but the inclusion of Shiba Inu indicates that, perhaps, in the realm of investment, all roads lead to that tiny, adorable, zero-shedding pup. 🐕

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2025-10-25 15:40