SHIB Exec Responds to Delisting Rumors — What's Next for Meme Coin Giants?

Amid fresh controversy and a wave of delisting rumors, Shiba Inu (SHIB) finds itself at the center of crypto community debate. A SHIB executive has stepped forward to calm fears, offering clarity at a time when investor sentiment wavers. This article breaks down the facts, analyzes SHIB’s current price action, and explores what the future holds for the meme coin heavyweights in a market that’s anything but predictable.

Shiba Inu Struggles but May See a Rise If It Overcomes Key Levels

 

Source: tradingview 

Shiba Inu (SHIB) is trading between $0.00001095 and $0.00001236. This slight dip follows recent declines of over 48% over six months. The coin shows potential if it can surpass resistance levels at $0.00001287 and $0.00001428. Achieving these could mean a price increase of around 20-30% from the current rate. Despite the downtrend, a low RSI of 35.07 suggests the token might be oversold, hinting at a possible rebound. Near-term support lies at $0.00001005. If Shiba Inu maintains or exceeds recent price levels, investors might see growth, as long as it breaks past these significant benchmarks.

Conclusion

While Shiba Inu faces lingering uncertainty and must climb out of a significant downtrend, the technical indicators suggest a potential reversal is not out of reach. With executive reassurance helping to restore some confidence, SHIB’s path forward hinges on its ability to break resistance and reclaim momentum. As the meme coin market reshuffles, traders will be watching closely—because in crypto, sentiment can flip faster than the charts.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.