Thursday, 20 Nov 2025

Shiba Inu – Bitget launches SHIB payment card

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20 Nov 2025 09:18
Coins 0 2
4 minutes reading



  • Shiba Inu’s new payment card in cooperation with Bitget allows you to pay with SHIB instead of cash, promoting the adoption of cryptocurrency in everyday life.
  • Whale activity, positive funding rates and a bullish RSI suggest short-term SHIB recovery and increased market exposure.

Shiba Inu is gaining new attention after launching the SHIB payment card in cooperation with Bitget. This development allows users to spend SHIB directly on everyday transactions, reflecting the token’s move towards practical application. Analysts see the card as a move that could increase engagement among crypto holders.

The collaboration was announced on Wednesday via Shiba Inu’s official X account. Bitget Card plans to integrate SHIB into everyday payment systems and use the token beyond trading. This move can attract new users to the Shiba Inu ecosystem and give current owners the opportunity to make direct transactions in everyday life.

The introduction of the payment card is in line with current market trends that focus on the real-life use of cryptocurrencies. Experts note that cryptocurrency spending tools help coins reach more users. The ability to use SHIB for everyday purchases can expand the ecosystem and attract attention from retail and institutional investors in the coming months.

SHIB whale activity signals recovery

Shiba Inu’s technical indicators are showing early signs of bullish momentum. The 30-day market value to realized value (MVRV) ratio was -10.09% on Thursday, indicating a low value. In the past, SHIB prices have rallied after hitting similar MVRV lows, often attracting new buyers on major exchanges and driving the price higher.

Derivatives metrics also support the positive outlook. Coinglass’s OI-weighted funding rate shows that more traders expect SHIB to rise than fall. The funding rate turned positive on Tuesday and reached 0.012% on Thursday, the highest level since early October. These shifts in funding rates often occur before strong price recoveries.

Quelle: Coinglass

Data from CryptoQuant further highlights the strong buying pressure. Large whale orders lead both spot and futures markets, showing that investors are accumulating SHIB. This focus on large deals shows confidence and suggests that SHIB could be poised for a near-term recovery supported by both retail and institutional investors.

RSI shows bullish divergence and also indicates recovery

Shiba Inu encountered resistance near $0.0000099 on November 13, causing the price to fall by almost 10% by Wednesday. Currently, the token is trading around $0.0000086. The RSI on the daily chart shows a bullish divergence, meaning the price fell while the RSI remained high, often indicating a possible trend reversal or short-term rise.

If the recovery gains traction, SHIB could attempt to reach $0.0000099 again. Strong momentum, active whales and rising funding rates are creating favorable conditions. Traders should monitor price movements closely as a confirmed recovery could lead to further buying and attract the attention of market participants.

Quelle: TradingView

The SHIB payment card plays an important role in the long-term use of SHIB. It gives holders a real way to spend their coins, increasing the value and engagement of Shiba Inu. Analysts say practical use often attracts investors and gives SHIB more support beyond trading speculation.

The signals on the chain and in the derivatives indicate cautious optimism. A low MVRV, rising whale orders, and positive funding rates suggest that SHIB could recover in the near term. Traders are watching these signs to check the momentum and see if the token can continue to move higher.

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