🐕 Will Shiba Inu die in 2026? 💔 — The On-Chain Data Has the Answer 🧐
The price of Shiba Inu $SHIB has fallen sharply (more than 90% since ATH 📉), and the CEO of CryptoQuant says meme coins are "dead" 👻. At first glance, SHIB seems to fit into the narrative of speculative weakness.
❌ Speculation is Exhausted 💨
-Meme Dominance: It has fallen to lows not seen since 2024. ⬇️
-Smart Money: Tracked wallets have continuously reduced exposure to $SHIB. 🙅♂️
-Derivatives: Futures traders have reduced their leverage. Caution is extreme. 🥶
✅ But Accumulation is Real 🐳
Despite the price weakness, long-term behavior tells another story:
• Holders: The number of wallets holding $SHIB has continued to increase throughout the year (from 1.46M to 1.54M).
• Whales: Large holders have increased their balances by approximately 249% 📈 over the last year, and by 61% in just the last 30 days. 🐋
• Exchanges: Balances on exchanges have fallen nearly 22% 📉. (Less immediate selling pressure).
This is not panic. It looks like slow accumulation. 🤫
• Chart: Reversal Setup 📈
Pattern: SHIB is within a long-term descending wedge (typically a bullish pattern). 📐
• Divergence: Recently, a bullish divergence appeared (price at a lower low ⬇️, RSI at a higher low ⬆️), suggesting that selling pressure is waning. 💨
Key Levels:
Invalidation of "Dead": A clean break above $0.0000092 🚀 would completely invalidate the claims of “dead coin.”
Risk: The structure weakens below $0.0000075. 🚨
Conclusion: $SHIB is not dead ❌, but it is not strong either. Quick gains are unlikely. Whale accumulation and the increase in holders suggest that the chain is far from abandoned. SHIB is in survival mode, waiting for an altcoin cycle to recover. ⏳
