Will Shiba Inu Die Out in 2026? 🐕📉
Shiba Inu (SHIB) is down nearly 70% YoY and over 90% from ATH, raising fears that meme coins are finished.
Speculation is clearly fading: • Meme coin dominance is at early-2024 lows
• Smart money wallets reduced SHIB exposure
• Futures traders remain cautious, leverage is low
But on-chain data tells a different story 👀
Long-term holders & whales are accumulating: • SHIB holders increased to ~1.54M wallets
• Large holder balances up ~249% YoY
• Exchange balances down ~22% → less sell pressure
Technical setup: • Price inside a long-term falling wedge
• Bullish RSI divergence forming
• Key breakout level: $0.0000092
• Breakdown risk below: $0.0000075
Bottom line:
SHIB isn’t dead — but it’s in survival mode.
Speculation is gone, whales are early, and the next move depends on a broader altcoin revival.
🔁 Accumulation phase or slow fade?
#Shib #CryptoAnalys #altcoins #Onchain #BinanceSquare
