The SHIB army rallies to battle stations after a $2.4M exploit hit Shibarium layer-2. Meanwhile, ahead of the FOMC, how is the SHIB price prediction shaping up?

On September 13, the Shibarium bridge, a key link between Shiba Inu’s [SHIB] Layer 2 network and Ethereum [ETH], was hit by a flash loan attack. Will this hack affect the SHIB price in September? Here is the prediction.

The breach drained millions of dollars in assets, forcing developers to restrict parts of the network while they worked to contain the damage.

Shiba Inu’s official X account confirmed the incident, saying:

“We are aware of the activity flagged by @peckshield and have engaged our internal team and external security partners to investigate thoroughly.

According to early findings, the attacker carried out a sophisticated flash loan maneuver that exploited the bridge to manipulate consensus. Within a single block, they secured 4.6M BONE tokens, temporarily gaining validator voting power.

This control allowed them to sign a malicious state on the network. They later repaid the loan using assets siphoned from the bridge, including 224.57 ETH and 92.6Bn SHIB.

Market Cap

SHIB Price Prediction: Is Rising Trading Volume Enough to Fuel SHIB’s Next Breakout?

Shiba Inu (SHIB) is losing steam after its recent rally, with the token testing familiar resistance levels again. 

On Sept. 14, SHIB traded near $0.00001393, down -1.88% on the day, while volumes stayed elevated at 1.18Tn tokens.

(Source – SHIBUSDT, TradingView)

The daily chart shows a sharp climb earlier this month, followed by a pullback that signals short-term fatigue. SHIB broke above both the 50-day EMA ($0.00001288) and the 100-day EMA ($0.00001302), but is now hovering just above those averages. 

Resistance is seen around $0.00001430. A close above that level could trigger a retest of the mid-summer highs between $0.00001500 and $0.00001600.

Price action hints at a rounded bottom pattern from the August lows, suggesting steady accumulation. Even so, SHIB price has struggled to turn quick rallies into sustained momentum. 

Since May, repeated attempts to move past $0.00001500 have failed, reinforcing the zone as a strong ceiling. 

On the downside, the nearest support is at $0.00001300, with an additional cushion near $0.00001200 if selling pressure increases.

The latest breakout attempt came with substantial buying volume, showing renewed speculative demand. But the fast retracement highlights how bulls find it hard to control. 

Heikin Ashi candles reveal indecision, with long wicks on both sides pointing to volatility and profit-taking at higher levels.

For now, SHIB is at a turning point. Holding above the 100-day EMA could improve bullish sentiment, while a drop below $0.00001300 risks dragging the token back into its months-long sideways trend. 

Traders are watching volume closely to see if SHIB can finally break its cycle of short bursts followed by sharp pullbacks.

DISCOVER: 20+ Next Crypto to Explode in 2025

How are Shiba Inu Developers and Security Firms Responding To The Hack?

The BONE tokens tied to the hack are still out of reach. Validators control them, so they can’t be dumped right now.

Investigators say the breach went beyond the bridge. Ten of twelve validator signing keys were compromised. Only K9 Finance and UnificationUND refused to sign the bad state.

The attacker used a flash loan to gain two-thirds of the validator power. Without that short-term boost, the plan wouldn’t have worked.

Kaal Dhairya, a Shiba Inu lead developer, called the incident “sophisticated” and said it was “probably planned for months.” In a post on X, he added that law enforcement is involved and that the team may discuss a bounty if the funds are returned.

Shiba Inu also brought in Hexens, Seal 911, and PeckShield to investigate. The attacker tried to cash out about $700,000 in KNINE, but the K9 Finance DAO stopped it.

DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025

Is This the Next SHIB? Maxi Doge Presale Slams Over $2M Raised

Maxi Doge just crossed $2 million raised in its presale, and that’s not a coincidence; it’s a signal. In the current meme-coin cycle, investors are fed up watching SHIB grow slowly, safely, and squeezed by macro risks. MAXI is built for the opposite: speed, virality, upside.

Here’s what makes MAXI worth your attention: entry price right now is $0.0002565 per token, low enough to still allow for hyper-multiples.

It’s Ethereum-based, meaning liquidity is broad, and tokenomics are engineered for hype. 40% of supply goes to aggressive marketing; 25% allocated to the “Maxi Fund” to push listings on exchanges; staking rewards are live, with APY north of 150%.

Meanwhile, its roadmap includes community tournaments, futures integrations, and competitive leaderboards, locking in both engagement and demand.

DOGE‘s infrastructure and sentiment are institutionalizing, with DOGE ETFs pumping old-school meme coin markets sky high. As a consequence, whales have started eyeing greener pastures.

SHIB and DOGE holders are rotating capital into higher-beta tickets, and MAXI is sitting at the top of the list. The social zones are lighting up, influencers are talking, on-chain presale stats are moving fast.

If you believe the meme coin upside isn’t over and think the next breakout won’t come from the blue chips but from lean, viral plays built for modern retail’s FOMO, then MAXI is the shot.

Stay plugged in by joining the conversation on Maxi Doge’s X and Telegram accounts. The project’s smart contract has also been fully audited by Coinsult and SOLIDProof, ensuring code security.

Visit Maxi DOGE Here

DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025

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jrmiller
jrmiller

Jonathan R. Miller is a junior writer based in Columbus, Ohio, with a growing focus on blockchain technology, digital assets, and fintech innovation. With a background in economics and communications, Jonathan began covering cryptocurrency in 2022 through freelance research projects... Read More

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