Is Shiba Inu On The Brink Of Its Death? Market Forces Say Yes, But…

Juhi Mirza
SHIBA INU JUMPING
Source: Watcher.Guru

Shiba Inu has lately been experiencing significant price turbulence and delays. The token has experienced a sharp 90% price plunge since 2021, illustrating a significant decline in both price and value. Despite the token’s slowing momentum and pace, the Shiba Inu community continues to pitch in, spearheading tasks that keep Shiba Inu thriving. With a SHIB army backing the Shiba Inu ecosystem, the token is certainly far from dead. Here are two leading solutions that prove Shiba Inu may end up surprising its investors in the long run.

Also Read: SHIB Army Backs Hoichi Bridge Launch: SHIB Eyes 160% Rally to $0.0000323

Two Reasons Explaining Why SHIB Is Far From Dead

Shiba Inu Resumes its Soaring Burn Streak, Spikes by 120%
Source: Shib Army News

1. Strong Community Support

Shiba Inu has long boasted strong community support, a force that the crypto market is truly afraid of. The Shib army has, from time to time, stepped in on multiple occasions to bolster SHIB momentum, be it through performing impromptu SHIB burns or driving liquidity through massive retail participation. Unlike other cryptocurrency tokens, the so-called SHIB army has always supported the token in its highs and lows, encouraging products like Shibarium and ShibaSwap and expressing their faith in the token’s everlasting legacy.

“Markets rise and fall, but movements powered by community never die. 💪🔥. $SHIB is more than charts—it’s vision, loyalty & people. 🫶🚀. When others lost faith, #ShibArmy kept hodling. 👊. Aug 2020 → SHIB launched with a supply of 1 quadrillion. May 2021 → Listed on Binance & shocked the world. Oct 2021 → Hit ATH $0.000088, entered top 10 by market cap.2022 → While projects vanished, SHIB stood strong.2023–24 → #SHIB Army burned billions, keeping Ryoshi’s vision alive. #ShibaInuCoin isn’t built on promises—it’s built on faith, loyalty & community. 💪🔥🐕”

2. Visionary Approach Towards Stablecoins

Shiba Inu is not an ordinary cryptocurrency. The token floated the idea of launching stablecoins long before the sector became popular within significant US governmental domains. First mentioned by Ryoshi in 2021, the SHIB Ecosystem had envisioned the idea of launching a new store of value, a unified payment system powering the new age world.

The conception of the SHI stablecoin signifies how ahead the Shiba Inu ecosystem has always been from its existing contemporaries. If the SHIB stablecoin manages to launch soon, it can overhaul its entire ecosystem, helping SHIB to trade exceptionally high, ending up proving how the token is indeed far from dead.

Also Read: FlitPay Makes Ambitious Shiba Inu Prediction: $0.001 in 2030