SHIB: Signs of Accumulation Hint at Potential Rally Despite Short-Term Pressure

Despite recent downward pressure that saw shiba inu (SHIB) price drop 6% over the past week, underlying metrics suggest growing long-term holder confidence. Exchange reserves have plummeted to $1.05 billion from $4.77 billion in late 2024, indicating significant accumulation. Futures markets reflect this optimism, with SHIB derivatives volume rising 15% in early August. Notably, the absence of panic selling despite a 25% July decline points to strategic positioning by investors. As of August 2025, these on-chain and derivatives signals suggest SHIB may be building momentum for a potential revisit of May's highs.

Reserves At ATL: Is Shiba Inu Price Ready to Revisit May’s High?

Shiba Inu price faces downward pressure, shedding 6% over the past week. Yet beneath the surface, signs of accumulation emerge—exchange reserves have dwindled to $1.05 billion from $4.77 billion in late 2024, signaling long-term holder conviction.

Futures markets echo this optimism. SHIB derivatives volume surged 15% in early August, while the absence of panic selling despite a 25% July drop suggests strategic positioning. The meme coin’s ability to hold key support levels may determine its August trajectory.

Shiba Inu's Bollinger Bands Signal Imminent Price Volatility After 13% Weekly Drop

Shiba Inu's weekly Bollinger bands have contracted to their tightest level since February 2024, signaling dwindling volatility and a potential breakout. The meme coin's price action mirrors a coiled spring, with a 13.8% drop last week followed by stabilization above $0.00001200.

Technical analysis reveals SHIB's resilience amid turbulence. The cryptocurrency swung through a 25.4% price range during a 23-hour window, demonstrating characteristic meme coin volatility. This compression typically precedes significant directional moves, leaving traders anticipating the next leg.

SHIB Price Faces 16% Drop Prediction as Bearish Momentum Builds

Shiba Inu trades with mixed signals as Google's Gemini AI platform forecasts a potential 16.388% decline to $0.00001 by August 31, 2025. The prediction cites weak technical indicators and reduced token burn activity as key drivers. Despite a 3.78% daily gain, SHIB's RSI at 43.13 reflects neutral momentum, while MACD signals remain bearish.

Market analysts note deepening bearish trends for SHIB, even as whale accumulation and token burns provide limited support. The token's 5th anniversary—highlighting its 21,600,000% gains since inception—has been overshadowed by the current downturn. The AI's projection aligns with broader mid-August bearish expectations for the meme coin.

Shiba Inu Community Challenges Leadership Amid Governance Vote

Shiba Inu's fifth anniversary has been overshadowed by a brewing governance crisis. Lead developer Shytoshi Kusama's proposal for a community-elected interim president—intended as a decentralization milestone—has instead exposed DEEP fractures within the $7 billion meme coin ecosystem.

The election mechanism, which allows token-weighted voting using SHIB, BONE, TREAT, or LEASH, is being criticized as performative decentralization. Projects like WoofSwap accuse Kusama of maintaining centralized control through the Shiba Inu Foundation's retained veto power. "We don't need an incompetent president," declared one viral post capturing the community's discontent.

This revolt highlights the growing pains of meme coins transitioning into governance-focused projects. While Kusama frames the election as progress, many holders see it as proof of failed leadership—with transparency concerns and centralized decision-making undermining SHIB's decentralized aspirations.