“From meme coins to mechanics, we’re reshaping what Web3 can be. DegenSafe is only the beginning,” Shiba Inu posted on X.

The partnership could attract fresh retail liquidity into Shiba Inu, following the success of LetsBONK.fun —the first Solana meme coin launchpad to flip Pump.fun in volume.

This may signal the start of a new meme coin trend, as speculative traders increasingly seek protection from the rug pulls, snipers, and bots that have become synonymous with Pump.fun.

That said, Shiba Inu faces tough competition, lacking Solana’s high performance and ultra-low gas fees—a core contributor to the rise of platforms like LetsBONK and Pump.fun.

Shiba Inu Price Analysis: Could Adoption Push a Surge?

If DegenSafe sees adoption similar to Solana-based meme coin launchpads, it could give Shiba Inu the fuel it needs to break free from its 6-month consolidation range.

With its latest bounce from the lower support of the consolidation zone around $0.00001, the emergence of a double bottom pattern could see SHIB retest the $0.0000177 upper resistance.

The MACD line is en route to surpass the signal line in a golden cross—the first since the Shiba Inu price last tested $0.0000177 in mid-May, suggesting a short-term uptrend may be forming.

However, the RSI highlights a lack of conviction from buyers. Despite an uptrend signaling accumulation, it remains stuck below the neutral line, currently hovering in the low 40s.

A fundamental catalyst like the DegenSafe launchpad could bring the adoption and fresh liquidity SHIB needs as the utility token of the Shiba Inu ecosystem.

If the double bottom breakout plays out, SHIB could see a 112% surge, targeting a higher resistance zone stretching back to early January at $0.000025.

However, its full potential hinges on a successful break above its neckline—the $0.0000177 resistance of the consolidation zone.

Before then, Immediate resistance at $0.000012 is the key level to watch—failure to break it risks a rejection and a 12% drop back to $0.00001, which would invalidate the pattern.

Shiba Inu Has Lost Its Roots – The New Purest Meme Coin Could Take Its Place

With Shiba Inu’s shift from pure speculation to real utility and fundamentals, it’s now the one creating the speculative plays.

The truth is, SHIB has faded into the background for months as traders chased fresher narratives—on the speculative meme coin scene, attention is the fuel that drives price moves.

Few stand to capitalize on this momentum as much as “mission coins”—the purest form of meme coin, fueled purely by a devoted community.

Token6900 ($T6900) is the latest chapter in that saga: no promises, no utility—because you are the utility. It offers nothing, and yet it is everything you are looking for.

This is your way out of the misery of a late-internet capitalist dystopia, to a fantasy where money is no longer in control of big institutions.

Instead, the masses can now print their own currency, one inspired by 2000s nostalgia and fed by nothing but a desire to escape the ritual of the financially doomed—the 9-to-5.

The community is already growing and fast, raising nearly £250,000 in the first weeks of presale as its earliest disciples are rewarded by a high APY on staking, currently at 193%.