Shiba Inu Under Siege: SHIB Faces Toxic Onslaught During $1.9B Market Meltdown
Shiba Inu gets mauled as bearish sentiment turns vicious
The Attack Wave
SHIB holders found themselves in the crosshairs as coordinated selling pressure triggered a cascade of liquidations. The memecoin darling bled alongside major cryptocurrencies, proving once again that in crypto winter, even the shiniest tokens turn to ice.
Market Carnage Exposed
That $1.9 billion evaporation wasn't just numbers on a screen—it was retirement dreams dissolving into blockchain dust. The toxic atmosphere spread faster than a well-funded meme campaign, reminding everyone that 'community-driven' projects still dance to whales' tunes.
Survival Mode Activated
While the faithful barked about buying the dip, smarter money watched from the sidelines—because nothing says 'sound investment' like a digital asset named after a dog breed. The whole spectacle makes traditional finance's casino-like behavior look almost respectable by comparison.
Shiba Inu Developer Sounds the Alarm
The Shib, a media house that is heavily involved in the SHIB ecosystem, released a statement. The outlet had to protect itself against the gossip that it was neglecting certain segments of the community due to internal differences. Dhairya considered this as another attack. Same shadows. Same intent.
Shiba Inu has suffered through problems previously. The cryptocurrency was started in August 2020, created by the mysterious Ryoshi, who imagined a “Doge Killer.” That vision has moved millions ever since, 1,553,386 holders as stated by Etherscan. Not a community of promises, but of hard work and waiting.
Shiba Inu Faces Market’s Harshest Winds
Outside the theatre, the market showed its teeth, and business is biting hard. The larger crypto market could not withstand the pressure of $1.93 billion worth of liquidation leading to a huge sell-off.
The scene of the massacre was set in one night when in one instant, all the Leveraged positions were cleared. Bitcoin descended to a record low of $81,385 which marked the worst month for Bitcoin since the frigid winter of 2022.
Shiba Inu also faced the same fate. The price declined by 9.71% within 24 hours and 15% for the week, ending at $0.000007793. Last Friday, it reached a new annual bottom, $0.0000071, that hadn’t been witnessed since October 2023.
The market has lost its momentum. The last eleven days have seen nine close with red candles. The new buyers remain in the background. Retail sentiment has weakened, just like the fog that has been dispersed by the morning sun.
However, the Shiba Inu community has proven their endurance instincts. They have spent five years in the continuous processes of construction, argument, dreaming, and reconstruction. They have experienced the heights that attracted the world’s attention and the depths that pushed their faith to the limits.
The assaults might be painful. The rates could go down. However, Shiba Inu’s Core has always been uncomplicated, to be strong and do not leave your position when the tempest comes.
