Shiba Inu collapses: Community fights for the meme ecosystem!
Shiba Inu (SHIB) suffers setbacks 24 hours after an 8.5% price drop, but the community remains optimistic.

Shiba Inu collapses: Community fights for the meme ecosystem!
The crypto market has seen massive shocks in the last 24 hours, especially in the meme coin space. Shiba Inu (SHIB) has recorded a decline of over 8.5%, triggering a worrying development for the community. Currently, the price of Shiba Inu is $0.000009351, which means a decline of 9.5% within a short period of time. This large price movement has led to negative comments and the critical labeling of Shiba Inu as a “total ecosystem.” According to U Today, a zero was added to SHIB's price, which has increased concerns among investors.
The SHIB ecosystem's head of marketing, Lucie, reached out to the community to offer reassurance. In a message titled “Hang in there,” she attempted to rebut the negative views and defend the credibility of the project. She even used a six-second video of a race car doing a U-turn to build community spirit. SHIB has experienced setbacks in the past, but the coin has always bounced back, and Lucie emphasized that the project will experience not just a recovery, but a rebirth.
Market developments and possible adjustments
The situation on the market is further influenced by continued sales. About 138 billion SHIB were moved by holders to various exchanges, which is interpreted as an indication of a possible intention to sell. Furthermore, trading volume fell by 9.31% to $5.51 billion. This suggests that many investors are worried and may be looking to liquidate their holdings.
Amid these declines, there is speculation that the SHIB team may be planning new partnerships or additional usage opportunities to stabilize the ecosystem and regain investor confidence. Another consideration is increasing the deflationary combustion mechanism to stabilize the price of SHIB and specifically reduce supply in the market.
The current developments in the SHIB ecosystem and the general decline in the meme coin sector raise questions about the future direction and stability of the project. The response of the community and the SHIB team will be crucial to maintain investor confidence and potentially bring about a reversal in the current trend.