SHIB ETF proposal sparks breakout hopes – Will it ignite a massive rally?

• Unlike Dogecoin ETF, no source has applied for EtF SHIB yet
• The sales on the stock exchanges were low, as it bought the holders of the decrease in the first quarter

One Sheba Eno [SHIB] The executives of the ecosystem, Lucy, in the news today after I made the ETFin stadium for Memecoin. Needless to say, this caused a stir about the potential price outbreak. According to it, SHIB can be reached via many exchanges, not “Just Mimi‘

“Is SHIB good for ETF? Because SHIB is not just Mimi-it is not central, moved by society, and it has been built to continue. “

Will Shayb Dog follow?

Here, it should be noted that regardless of Dogecoin [DOGE]No source to get the Memecoin ETF spot with SEC, at the time of writing this report. However, the markets have great hopes, with 72 % an opportunity Approval by the end of 2025 on polymarket.

As the best pioneers in the Memecoin space, it remains to see if the Shib Etf will follow Doge Etf.

However, SHIB may be well ready to penetrate, given low pressure in the sale and accumulation boom for months. The only thing required is the right catalyst. It is worth noting that the sales operations on the stock exchanges are dipped to record their lowest levels, as it is clear from the display on the stock exchanges (yellow).

Likewise, more than 50 trillion graying of exchanges (accumulation) between December and March have been transferred. For each supply outside the stock exchanges (blue), the shape increased from 855 trillion graying to 901 trillion gray. Simply put, bought holders of the first quarter and may expect a future gathering.

Source: Santime

However, the network activity rejected the lowest quarterly levels of about 4000, compared to about 20,000 in December. That hinted at a decrease of 5X in the interest of the user.

Strong recovery may be at risk if the user’s interest remains low in the short term.

Source: SHIB/USDT, Tradingview

However, in the price scheme, Shayb increased by 25 % of its lowest levels in March 2025 at the time of the press. This also coincides with its lowest level in August 2024.

Currently, SHIB is stuck in the Q3 price range of $ 0.000012 and $ 0.000020. 47 % gains can be possible if the recovery is extended to $ 0.000020. However, an obstacle of $ 0.000016 (Red Zone) should be cleaned first.