Shiba Inu (SHIB) is showing signs of life as a broader crypto rally lifts risk assets across the board. CoinGecko data puts SHIB up 2.5% over the past 24 hours, 6.4% over the last seven days, 0.9% on 14-day charts, and 6.5% over the previous month — a welcome rebound, but one that still leaves the memecoin far off its highs.
Despite the recent gains, SHIB remains nearly 50% below its level from late April 2025 and has spent an extended period trading under the psychologically important $0.00001 mark. That raises the question many investors are asking: is this your last chance to buy SHIB below $0.00001?
The uptick in SHIB coincided with Bitcoin’s surge to roughly $78,000 earlier today — its strongest showing in almost three months. Historically, Bitcoin-led rallies often spill over into smaller-cap tokens and memecoins, helping to revive risk appetite across the market.
Geopolitics may be playing a part too. Positive headlines around a potential US-Iran nuclear agreement are being credited with lifting broader risk-on sentiment; while the Middle East conflict isn’t resolved, any progress toward a deal could entice investors back into higher-risk assets, including memecoins like SHIB.
On the technical front, SHIB still faces notable resistance at about $0.000006, and it may consolidate around that level until stronger bullish momentum arrives. Analysts point to two potential macro catalysts that could provide that momentum: a possible interest-rate cut in May following the appointment of Kevin Warsh as Fed chair, and any concrete breakthrough on a US-Iran deal. Together, those developments could help reignite a broader crypto bull run and push SHIB back above $0.00001.
Bottom line: the recent rally has narrowed losses and lifted sentiment, but SHIB is not yet out of the woods. Short-term upside hinges on macro tailwinds and renewed risk appetite; for long-term investors, the move presents both opportunity and risk — whether this is a final chance to buy below $0.00001 depends on those unfolding catalysts and your personal risk tolerance.
Also read: Should You Still Believe in Shiba Inu’s $0.01 Price Target.
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