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10 hour ago
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BEARISH 📉 : Shiba Inu struggles as lead developer hints at Sunday revelation

Shiba Inu has experienced a decline in price with reduced investor interest and no clear upward trend. However, recent activity from Shytoshi Kusama, the lead developer, suggests anticipation for an upcoming event on Sunday.

Developer's Return and Upcoming Announcement

  • Shytoshi Kusama, Shiba Inu's lead developer, returned to X after being inactive since December.
  • Kusama hinted at a significant revelation expected on Sunday, sparking interest within the SHIB community.
  • This announcement follows concerns over transparency and leadership after the September 2025 Shibarium Bridge exploit, which led to a $4.1 million loss in crypto assets.
  • Kusama indicated that Sunday's event would address these issues gradually.

Current Market Challenges

  • SHIB is currently trading at approximately $0.0000071, down by 1.8% in the last 24 hours and 10.5% over the past week.
  • The price structure indicates a series of lower lows, reflecting continuous selling pressure.
  • Investor confidence has been tested due to prolonged stagnation, leading many holders to become sellers.
  • Expectations for ecosystem expansion and utility have not yet positively influenced the price.