sajidhussainoffical

Will SHIB Fade Away by 2026? On-Chain Data Tells a Deeper Story 👀
Shiba Inu has struggled badly this year.
Price is down ~70% YoY and over 90% from ATH, raising serious doubts about its future.
Meme coin hype has clearly cooled.
Even Ki Young Ju called meme coins “dead,” pointing to falling dominance and shrinking speculation.
At first glance, SHIB fits that bearish narrative.
But on-chain data shows the picture isn’t that simple.
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Meme Coin Weakness Is Real — SHIB Shows It Too 📉
Overall meme coin dominance has dropped back to early-2024 levels.
This signals that speculative capital has largely left the space.
SHIB price remains stuck below long-term resistance.
Every rally so far has failed to sustain momentum.
Smart-money wallets have steadily reduced exposure.
That suggests experienced traders are not betting on quick rebounds.
Derivatives data confirms the caution.
Most perpetual traders cut leverage over the last 30 days.
Outside of top wallets, positioning is light.
In short: speculation has dried up.
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But Long-Term Holders and Whales Are Doing the Opposite 🐋
Despite weak price action, holder count keeps rising.
Wallets holding SHIB grew from ~1.46M to ~1.54M this year.
Whale behavior is even more telling.
Large holders increased balances by ~249% over the year.
Mega-whales alone are up ~28.5%.
At the same time, exchange balances fell nearly 22%.
Fewer coins on exchanges usually mean less selling pressure.
That doesn’t look like panic — it looks like accumulation.
In the last 30 days, this trend accelerated.
Whale balances jumped ~61% while exchange outflows increased.
Still, whales are not using heavy leverage.
They appear early, patient, and cautious.
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Price Is Weak — But a Reversal Signal Is Forming 📊
SHIB structure is fragile, but not broken.
On the 3-day chart, price sits inside a long-term falling wedge.
A key bullish divergence has appeared.
Price made lower lows while RSI made higher lows.
This often signals selling pressure is fading.
It raises the probability of a trend reversal.
Key resistance to watch is $0.0000092.
A clean break above could invalidate the “dead coin” narrative.
Next resistance zones sit near:
$0.000010 → $0.000011 → $0.000014.
On the downside, $0.0000075 is critical.
A sustained break below kills the bullish setup.
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Final Take 🎯
Shiba Inu is not dead — but it’s not strong either.
Speculation is gone, traders are cautious, and fast gains are unlikely.
However, rising holders, heavy whale accumulation,
and falling exchange balances show the chain isn’t abandoned.
If an altcoin cycle returns, SHIB still has a path.
For now, it’s in survival mode — waiting for confirmation. 👀📈