Shiba Inu’s slump shows no signs of easing, but the project’s core team says price action won’t dictate its roadmap. The dog-themed meme coin has been in a prolonged downtrend since last year, slipping through 2025 and into early 2026 amid broad market weakness and elevated investor fear. Pseudonymous Shiba Inu lead developer Shytoshi Kusama addressed the situation in a recent YouTube update, urging the community to look past short-term price movements and focus on long-term ecosystem building. Kusama framed the project’s priorities as technological development, community engagement and rolling out innovative initiatives designed to make the SHIB ecosystem more decentralized and resilient to market volatility. He stressed that temporary dips shouldn’t drive strategy or derail ongoing work inside the network. Price and market backdrop - Performance: Shiba Inu endured a difficult 2025, losing ground in most months. By late 2025, SHIB had dropped roughly 60–70% from the start of the year, according to CryptoRank. Into 2026 the token remains under pressure and largely rangebound. - Current price: At the time of writing SHIB is trading around $0.0000058, down more than 2% over 24 hours and roughly 64% year-to-date. - Sentiment: Fear indicators are flashing red. SHIB’s Fear & Greed index sits in the “fear” zone, while social sentiment and search volume have fallen into “extreme fear,” signaling dwindling retail interest and fewer conversations about the coin online. Analyst outlook Market analyst Crypto GVR sees potential for a rebound. He projects SHIB could first climb into the $0.000005–$0.0000061 range; clearing that area could, in his view, open the door to longer-term gains toward $0.00002–$0.00003. That scenario, however, depends on the token recovering from its current slump and broader market dynamics turning positive. Bottom line Shiba Inu’s price charts look weak and investor sentiment remains cautious, but the development team is emphasising product and ecosystem growth over short-term token moves. Whether that work can rekindle interest and translate into sustained price recovery will depend on execution and macro market conditions. Read more AI-generated news on: undefined/news