Shiba Inu Breaks Free from 11-Month Bear Cycle with $3.26 Billion Price Floor

Shiba Inu (SHIB) has broken free from an 11-month bear cycle, stabilizing its market capitalization around $3.22, $3.26 billion and establishing a new price floor.

This milestone is significant because it marks the first time SHIB's market cap has settled above its 200-day moving average since the start of 2026.

The bearish cycle that had been running since September last year appears to have come to an end, and the token is now looking up.

This optimism is supported by a strong news backdrop, including SHIB's official entry into Japan's regulated market and a powerful short squeeze in the futures market that helped push its price higher.