Here Is the Only Way Shiba Inu (SHIB) Can Come Back to Life

Shiba Inu has often been dismissed as a “dead token,” but analysts argue that it still has a chance to bounce back if the project tackles some of its biggest challenges. 

Once one of the hottest meme coins in the market, SHIB has lost much of its spark, and regaining momentum won’t be easy.

Since reaching its all-time high of $0.00008845 in 2021, Shiba Inu price has crashed more than 86%. This year alone, it has dropped another 44%, hovering around $0.00001185 while Bitcoin and Ethereum have managed to post steady gains. 

That underperformance has led many critics to brand SHIB as a fading project stuck near the $0.00001 range.

The Transparency Problem

One of the biggest concerns investors have is the lack of transparency around the team. While pseudonyms worked in SHIB’s early days, it’s harder to justify now that the project has grown into a multi-billion-dollar ecosystem. 

Other major projects, including XRP, Cardano, and even rival Dogecoin, have leaders with public identities. For SHIB to restore confidence, the community needs verifiable leadership and accountability.

Adding to that, the lead developer Shytoshi Kusama has been promoting his own SHY token. This has shifted focus away from SHIB and its ecosystem tokens like LEASH, BONE, and TREAT. A stronger commitment to SHIB itself could help rebuild trust and keep the community united.

Reviving the SHIB Army

In 2021, SHIB’s meteoric rise was fueled by its passionate community. The Shib Army was relentless in campaigning for listings and spreading awareness. 

But in recent times, that energy has faded. To turn things around, SHIB needs grassroots excitement again. Transparent communication, interactive campaigns, and incentive programs could bring back the energy that once drove SHIB to the top.

Shiba Inu’s massive supply remains a major roadblock. With 589 trillion tokens in existence, price growth is limited. While over 41% of the total supply has already been burned, including a large burn from Ethereum co-founder Vitalik Buterin, the pace isn’t enough. 

A consistent and structured burn strategy is needed to make a real dent in the circulating supply and create genuine scarcity.

Read Also: Analysts Release Reasons to Keep Loading Kaspa (KAS), Describe Its True Edge

Security and Delivery

The Shibarium Bridge hack raised doubts about the ecosystem’s security. Although the team has since worked with law enforcement, improved custody solutions, and introduced new safety measures, confidence will only return once the bridge is safely reopened.

At the same time, SHIB needs to prove it can deliver. Projects like Shib: The Metaverse and the NFT marketplace have seen delays and few updates. Instead of announcing new ideas, finishing and launching the existing ones could bring much-needed utility to the ecosystem.

For Shiba Inu, survival depends on action. Transparency, stronger community engagement, an aggressive burn program, security improvements, and actually delivering products are the only real ways SHIB price can escape stagnation. If the team can commit to these changes, SHIB may once again prove its critics wrong and spark a revival.

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Boluwatife Afe
Boluwatife Afe

Boluwatife is a dedicated content strategist specializing in the crypto industry and is passionate about blockchain technology and digital currencies. With a keen eye for emerging trends and a talent for making complex topics accessible, Boluwatife aims to educate and inspire the crypto community through engaging and insightful content.

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