Shiba Inu February 26, 2026

Shiba Inu Is Going Up Despite 549B Inflows, Bulls Target Breakout

Shiba Inu (SHIB) has been going up in terms of price even amidst a wave of sell pressure. This comes as a shock to the market, as this would normally drag prices lower. Roughly 549 billion SHIB tokens recently moved towards centralized exchanges, according to latest data. Large inflows like this usually signal intent to sell, since traders often transfer assets to exchanges before offloading them. Despite this, SHIB’s price action has not collapsed, and the meme coin is stabilizing.

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Shiba Inu’s Today Price Holds Key Support as Bullish Breakout Signals Build

At press time, SHIB was trading at $0.000006141 following a 3.32% rise over the past 24 hours. It should be noted that the canine-themed cryptocurrency had an immensely challenging couple of months. Throughout the past year, SHIB has dipped by 56.87%. But the chances of Shiba Inu following the current trend and going up were strengthened.

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What stands out most is how SHIB has absorbed the recent surge in exchange inflows without dipping. This could also mean that the meme coin is being influenced by the overall market sentiment. Over the past 24-hours, most of the assets in the cryptocurrency market have been seen recording a rise. Bitcoin (BTC), Ethereum (ETH), XRP, and Dogecoin (DOGE) did not shy away from pocketing gains. SHIB simply followed suit.

The real question is whether Shiba Inu can maintain support and witness a notable breakout? According to Coincodex, SHIB’s Q1 quarterly returns over the years have been quite confusing. While the asset has experienced bullish quarters, it has also recorded major dips. For instance, during the first quarter of 2024, the asset rose by nearly 200%. But in 2025, the meme coin dropped by 41%.

In addition, the platform also predicted that the price of Shiba Inu will be going up over the next two months. The asset is expected to surge by 17% in the month of March and trade at a high of $0.000007220. The highest that SHIB could rise in February is $0.000007160, following a 16.42% increase.