Shiba Inu (SHIB) just reminded everyone why it's still the king of meme coins, jumping nearly 20% as it forms a golden cross pattern. With Ethereum riding high, SHIB is finally breaking through levels it couldn't hold since spring.
Shiba Inu (SHIB) Price Breaks Out While ETH Hits $3,600
Here's the thing - SHIB's rally isn't happening in a vacuum. Ethereum just smashed through $3,600 with a massive 28% gain, and SHIB is doing what it does best: following ETH's lead but with way more juice. That's classic meme coin behavior right there.
What's got traders excited is the technical setup. SHIB didn't just spike randomly and crash back down. Instead, it's been climbing step by step, flipping its 200-day moving average and forming that golden cross between the 23-day and 50-day MAs. For those who don't speak chart, that's basically the market saying "hey, maybe this isn't just another fake-out."
The connection between SHIB and Ethereum makes perfect sense. When ETH gets hot, money flows into SHIB because it's literally Ethereum's biggest meme play. And right now, with SHIB holding above $0.00001500 on solid volume, it's looking like more than just hype.

What's Next for Shiba Inu (SHIB) Price?
If this momentum keeps up, SHIB could test $0.00001698 next - that's the last big wall before yearly highs. Whether it actually gets there depends on how long Ethereum can keep this party going.
Why This SHIB Rally Feels Different
After months of going sideways, SHIB is finally showing some real character. The chart looks healthier, volume is backing up the moves, and most importantly, it's not just riding on tweets and social media buzz. When Ethereum leads, SHIB follows - and right now, that's working out pretty well for anyone who held through the boring times.
The bottom line? SHIB just proved it still matters when Ethereum takes charge. Not bad for a meme coin that everyone keeps writing off.