I disagree with this take entirely.
$SHIB is not a single narrative, a single product, or a single group of people. It is a global community that has continued to build through multiple market cycles.
SHIB being listed on Japan’s green list matters. That process is not casual or speculative. It requires regulatory review, compliance, and legitimacy in one of the strictest markets in the world. That alone contradicts the idea that SHIB has no real standing or substance.
Utility also does not appear overnight or move markets in straight lines. Infrastructure, developer tooling, and products are long-term foundations, not hype levers. Price lagging development is normal in crypto and history shows that fundamentals often get recognized later, not first.
Community momentum has not vanished. It has matured. Millions of holders did not disappear. Builders did not stop building. What changed is that SHIB no longer relies on noise or viral speculation to exist.
Most importantly, SHIB does not revolve around one face, one team, or one voice. That was the entire point from the beginning. Decentralization means the network and the community outlive any single contributor.
You don’t have to like SHIB. But dismissing it as irrelevant ignores its scale, its global reach, its regulatory milestones, and the fact that it continues to evolve long after most “alternatives” fade out.
SHIB is bigger than opinions. And bigger than any single cycle.
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