Crypto: -42 % in a month, can Shiba Inu bounce?

The departure of the main developer of Shiba Inu will not have only made happy. On the contrary, this same crosses a storm which makes the nerves of its investors peel. The Crypto market has been packed in the wrong direction, and Shib was not spared. Between panic sales and dizzying fall of technical indicators, the painting is far from shiny. But could a mysterious announcement of the team change everything?

Shiba Inu anthropomorphic dog in panic on a street in ruins

Shibiba Inu investors in panic mode

It is no longer an air hole, it is a real free fall. In a month, the course of Shiba Inu tumbled by 42 %reaching an unprecedented floor in four months. On the last 24 hours alone, the shib has offered A dive of 19.91 %flirting with the abyss of the crypto.

No wonder the investors, taken from cold sweats, have videed their pockets before leaving their shirts.

SHIB-COINBASE PRICESHIB-COINBASE PRICE
Evolution of the price of the shib on Coinbase – Source: tradingView

Behind This debaclea well -known phenomenon: the general panic. The Crypto market is not in its best form, and the traders rush to the emergency exit. Result : Serial liquidationswith $ 7.2 million in long positions reduced to dust.

The figures speak for themselves:

  • 41.64 % decrease in the open interest of future, reporting confidence at half mast;
  • An RSI (relative force index) which collapses from 39 to 24, confirming a market in the surveillance area;
  • A strong increased exchange volume, but not for the right reasons: the sale dominates.

At this rate, if nothing comes to stop the hemorrhage, the shib could well go $ 0.00001088 depths.

Crypto Shibpto Prize: Hope from the shadows?

While the majority of investors badly digests these figures, the enigmatic Shytoshi Kusama, leader of Shiba Inu, blows hot and cold. On X, he published a teaser announcing A major change for the Shib ecosystem.

What awaken the interest … or annoy the old people of the old.

The announcement talk about ” key to the future And a decisive turning point, without giving more details. Some speculate on A technological partnershipothers dream of a blockchain revolution.

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But part of the crypto community remains skeptical, scalded by the previous promises in the air.

As an investor of the project points out, Yasei Okami:

“” Maybe we'll see something important … within five years. For the moment, it's always the same chorus. »»

Even Lucie, influential member of the community, prefers to bet on solid projects:

“” Real developers focus on technology, not on the price. This is where the true value lies. »»

However, last December, Shiba Inu had offered himself a spectacular flight of 235 %, proving that he had not said his last word. So, is this collapse only a temporary phase before a new momentum? Investors are just waiting for one thing: to see if the crypto shib will once again foil the forecasts.

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