SHIB Plunges to 16-Month Low: Dev Team’s Reassurance Sparks Market Debate
Dogecoin's fiercest meme rival hits a brutal milestone—SHIB's price collapses to levels unseen since early 2024. The team's 'stay calm' mantra isn't stopping traders from sweating over their burnt Shiba Inu hoodies.
Behind the bloodbath: While the devs preach patience, crypto Twitter's buzzing with theories—from whale manipulation to the eternal struggle of meme coins in a post-halving world. One thing's clear: even dog-themed tokens aren't immune to crypto winter's bite.
Silver lining? The crash cleansed leveraged positions faster than a Elon Musk tweet storm. Meanwhile, traditional finance pundits smugly adjust their 'I told you so' spreadsheets—because nothing validates boomer finance like a -90% altcoin chart.