While several crypto assets faced bearish closes on Wednesday, Shiba Inu, the second-largest dog-themed meme coin, saw a bullish close with a nearly 3% rise. With SHIB gaining bullish traction once again, several key metrics are beginning to exhibit positive trends, hinting at a potential continuation of the newfound upward strength.
Explosive Growth In Shiba Inu’s Price On The Horizon
Shiba Inu is once again commanding attention across the crypto landscape as the popular meme coin slowly recovers from its downward trend. This is due to fresh on-chain data pointing to a potentially powerful shift in momentum, which could spark an explosive rally for SHIB in the near term.
After examining several key on-chain metrics, Joao Wedson, the founder and Chief Executive Officer (CEO) of Alphractal, revealed that these indicators have turned positive. These metrics are pointing to key wallet and network activity patterns that indicate rising investor confidence, which could trigger a notable 125% surge in SHIB’s price.
Joao Wedson started by highlighting that on-chain data show that Shiba Inu is in an accumulation phase. While SHIB is in an accumulation phase, metrics such as Realized Cap Impulse are signaling a possible shift toward positive territory.
When this crucial on-chain metric rises, it frequently indicates growing investor confidence and fresh market momentum. If the indicator does indeed flip into positive territory, it could mark a pivotal moment for Shiba Inu, drawing in speculative capital and potentially laying the groundwork for the next leg in its price trajectory.
The Realized Cap Impulse may be signaling an influx of speculative capital, but the Net Unrealized Profit/Loss (NUPL) indicates that a significant amount of money is still at a loss, which makes investors wary.
In the meantime, the Alpha Price metric has rarely increased. However, the founder claims that it indicates that SHIB might rise by at least 125% by functioning as a huge magnet.
Despite the present indecision in the crypto market, Wedson believes that SHIB will eventually stand out sooner or later. In addition, he noted that when meme coins take the spotlight, it often marks the top of this crypto cycle.
SHIB Set For A Bounce In Q4 Of 2025
SHIB may be struggling to undergo a surge due to the bearish pressure in the broader market, but the dog-themed meme coin might witness a bounce in the next few months. SHIB Possessor, a crypto influencer and Shiba Inu enthusiast, predicts a rally in the fourth quarter of this year.
The Shiba Inu influencer is confident that SHIB will surge to the $0.00032 level within the period. SHIB Possessor’s chart shows that the meme coin has formed a crucial pattern that hints at a possible rebound in the short term.
