SHIB open interest rose 13.45% to $69.79M with price up ~3% to $0.000006231. Futures inflows higher; volumes surged. Technicals show 50-day MA support, RSI 55, MACD bullish; potential move beyond 0.000010. Abstract: This report reviews SHIB market activity on Gate News as of April 22. SHIB open interest rose 13.45% to $69.79 million, with the price up about 3% to $0.000006231. Futures inflows exceeded outflows and total volumes rose, while spot and futures taker data showed mixed biases. Technically SHIB found support near the 50-day MA, RSI sits at 55, and the MACD turned positive, signaling a potential breakout and a possible rally beyond the $0.000010 level after a confirmed channel breakout.

Gate News message. On April 10, according to Gate market data, as of the time of this release, PEPE (PEPE) is trading at $0.00000353. Over the past 24 hours, it has pumped 1.75%, with a high of $0.00000367 and a low of $0.00000344. The 24-hour trading volume reached $7.2216 million. The current market cap is approximately $1.49B. $PEPE is the most playable meme coin. PEPE is tired of watching people play musical chairs in the endless derivatives ShibaCumGMElonKishuTurboAssFlokiMoon Inu coin game. The era of Inu coins is over—it’s time for the most recognizable meme in the world to become the king of the internet. PEPE is designed to

Rakuten Wallet Japan announced that it will list Shiba Inu (SHIB) spot trading on April 15, 2026, allowing users to buy and sell SHIB with Japanese yen, signaling further recognition in the Japanese market. At the same time, other digital assets will also be launched, which is expected to attract more investors and expand use cases. This move helps strengthen SHIB’s regulatory standing in Japan and drive its development in Asia’s digital asset market.

Gate News update, April 7, Zhao Changpeng said in a social media post that he will hold a conversation with the influencer The Wolf Of All Streets at 8:00 Beijing time on April 9 to discuss the content of his new book and share some behind-the-scenes stories that have never been made public before.

On March 23rd in the cryptocurrency market, the top five gainers were Midnight (+11.84%), DeXe (+6.52%), Kite (+5.56%), Shiba Inu (+5.50%), and Pepe (+5.36%). The top five losers were River (-4.62%), Ethena (-3.41%), Decred (-3.15%), Kaspa (-3.04%), and TRON (-2.88%).

Gate News reports that on March 20, Shiba Inu's price has declined over 60% during 2025, despite the project launching Shibarium, a Layer 2 solution with DeFi capabilities. This case demonstrates that even when meme tokens are equipped with utility tools, it is difficult to sustain value support. Additionally, the co-founder of PEPE is building a new project based on exchange fee revenue, with relevant details not yet disclosed.

PEPE co-founder announced on March 20 the launch of a new project that will provide token holders with an income source based on exchange fee revenue model. Despite Shiba Inu's launch of Shibarium and integration of DeFi features, it has failed to stabilize token value, demonstrating that even with utility tools, Meme tokens' long-term value remains unstable. The specific name and mechanics of the new project have not yet been disclosed.

Elon Musk recently clarified that he does not hold Shiba Inu (SHIB) tokens, putting an end to market speculation about his potential SHIB accumulation. This statement has drawn investor attention to SHIB's price fluctuations. Although Musk has not invested in SHIB, his association with Dogecoin continues to influence market sentiment around SHIB. The SHIB price has declined approximately 93.55% from its historical high.

On March 10th, among the top 100 cryptocurrencies in the market, Shiba Inu rose by 9.10%, ranking first in gains. Among the top five declines, MemeCore and Humanity Protocol both dropped by 4.96%.

A cryptocurrency investor from Dubai recently posted on X stating that she has sold all her XRP holdings and increased her Shiba Inu (SHIB) positions. This statement quickly sparked discussions within the community. She straightforwardly said, “I just sold all my XRP and bought more SHIB.” Since XRP has long been regarded as a utility token with cross-border payment and institutional application value, while SHIB originates from internet meme culture, this asset switch is seen as a radical risk reallocation. In fact, this is not the investor’s first expression of strong bullishness on SHIB. In January this year, she publicly predicted that SHIB could reach $1 by 2026. Although many consider this target highly challenging, it also highlights her high confidence in the high volatility potential of Meme coins. Her complete exit from XRP is interpreted as a typical case of shifting from “value logic” to “emotion and speculation-driven” strategies.