Shiba Inu's looking great right now – its tail is wagging and full of energy. 

Despite the market wobbles we’ve seen recently, we’re still looking at three key factors that suggest SHIB might be ready for a run. 

Let's break down what's really happening with this daring dog. 

A Fire In Their Eyes

The SHIB army's working overtime. 

Burns jumped 506% in 24 hours, sending 2.8 million tokens to dead wallets. That’s a lot of Shibe heading to the pound, and it’ll never make its way back into the circulating supply.

When you're burning tokens this fast, supply shrinks to a degree that people start to notice. When that happens, prices tend to follow.

And we can’t forget the launch of the new TREAT token on January 14. 

After the usual post-launch dump, it bounced back 191%. 

Sure, that’s good news for all TREAT holders who didn’t sell, but it means something even deeper.

It shows people still believe in the entire Shiba ecosystem – there are real holders with real convictions who want the world of Shiba to thrive. 

When one part of SHIB's pack does well, others tend to follow.

Shiba Money is Now Moving Differently

Four straight days of negative exchange flows tell us something is up. 

Traders are pulling SHIB off exchanges and stashing it away in private wallets. 

It could be because of more tantalizing airdrops on the horizon, or it could be just good old fashioned HODL behavior by diehard community members.

Whatever the motivator, it usually means they're planning to hold for much longer, not sell in the short term. That's the kind of signal that gets traders excited.

And let’s not forget that markets started feeling a bit jittery when Trump's inauguration speech skipped crypto talk. 

Everyone expected at least some lip service, but Web3 got a bit of the cold shoulder from the new commander-in-chief. 

SHIB is now sitting at $0.00002069, down from its mid-January peak of $0.00002485. 

But sometimes silence isn't bad news – it means something big is brewing.

The DOGE Connection

Can we really talk about SHIB without mentioning DOGE?

And we mean both DOGEs, by the way.

With the Department of Government Efficiency rocking the DOGE logo, meme coins are back in the spotlight. 

SHIB and DOGE moved together 88% of the time over the last two months, showing a super strong correlation with one another.

When DOGE runs, SHIB usually follows.

Much Wow, Really Bull Market?

Putting this all together, we’re seeing some big potential for SHIB. 

Record burns, the resounding success of TREAT, and a record number of coins moving to cold storage. 

It looks like smart money' is positioning for something big with SHIB. 

Sure, markets might be choppy, but the fundamentals of the Shiba ecosystem and the SHIB token are lining up to paint a nice picture for the future.

Some folks wrote off SHIB as an afterthought during the last cycle. 

But that underdog mentality helped to build its last rally, and they’re using the same playbook today.

Burns, ecosystem growth, and strong hands holding – it’s all showing up again. 

History doesn't always repeat, but it often rhymes.