Shiba Inu Price Gains 1% After “Shib Is for Everyone” Tweet — What’s Next?

April 18, the Shiba Inu team posted “Shib is for everyone” on X (formerly Twitter) and boom, 1% price bump to $0.0000118.

While small, it’s an attempt to ride the meme wave that sent a new “Base” token’s market cap to over $20 million before it dropped 40%.

Shiba Inu’s timing is smart. By jumping on the Base bandwagon, SHIB’s team is staying relevant and keeping the community engaged in a crowded meme coin space.

Shib is for everyone. pic.twitter.com/XOETu4CslZ

— Shib (@Shibtoken) April 18, 2025

Base’s Effect on Shiba Inu and Market Sentiment

Coinbase’s Base launch sent shockwaves through the crypto market. A new Base token went to the moon and back, showing how fast sentiment can shift in meme driven markets. Shiba Inu’s echo tweet capitalized on that attention and got a small but noticeable bump.

Quick Hits:

• Base token hit $20M market cap before dropping 40%

• SHIB volume is up, people are interested

• Traders are speculating on short term meme plays

Shiba Inu Technicals: Breakout Incoming?

Shiba Inu (SHIB/USD) is testing descending resistance at $0.00001202 and supported by the 50 period EMA at $0.00001189 and an ascending trendline. Price is in a symmetrical triangle, often a breakout pattern.

RSI is 53, neutral to bullish. If SHIB breaks above $0.00001238 with volume it could go to $0.00001269 and potentially $0.00001314.

Trade:

• Entry: Above $0.00001238

• Target: $0.00001269 to $0.00001314

• Stop: Below $0.00001149

Wait for a candle close and rising volume to confirm. Small 1% move but Shiba Inu is on trend and setup is tightening. If it breaks above $0.00001238 it could go to multi week highs. Until then, we wait.