Shiba Inu has closed above its 20-week moving average for the first time since September 2025, ending an 11-month downtrend. Japan approved Nomura-backed Laser Digital Japan as a crypto asset exchange service provider, the first new exchange approval in the country in four years. SHIB is among six launch assets alongside Bitcoin, Ethereum, XRP, Bitcoin Cash and Litecoin, and the only meme coin on that list. The token trades at $0.00000528 with a market capitalization of $3.11 billion, while exchange reserves have fallen to 86.98 trillion tokens. Key support sits at $0.00000531, with the 0.382 Fibonacci resistance at $0.00000636 acting as the major hurdle to monitor.
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