Oh, what a *woofing shame! At the start of August, everyone’s favorite meme crypto, Shiba Inu, is taking a little tumbleâdown 2.09% in the month, according to TradingView data. That’s after it tried real hard (and spiked 9% last month). Talk about emotional rollercoasters… with more chihuahua energy.
SHIB price is now down a heartbreaking 13.23% over the past week thanks to some digital panic selling. But hold on to your leashesâit is up slightly (1.05%) today to a measly $0.000012. Because who doesn’t love a micro-upgrade?
The cute pupper coin began its fall from grace after hitting $0.00001598 on July 21. Then things went from bad to pupper-nick when SHIB dipped from $0.00001437 on July 28 all the way down to $0.0000116 by August 2. Somewhere along the way, even the moon forgot where it was.
Thanks to this drop-off (unless you’re referring to an Uber), SHIB has now slipped out of the doghouse… I mean, the top 10, ranking #22 among cryptos with a market cap of $7.17 billion. Woof indeed.
In better news (or not), Shiba Inu just celebrated its fifth birthdayâproof that something started as a joke can grow into a full-fledged digital circus. Back in October 2021, SHIB hit an all-time high of $0.000088 and flirted briefly with the top 10. Good times. So many tweets. So much disbelief.
The True SHIB Priority: Letâs Hug It Out
Enter Kaal Dhairyaâthe head dev who suddenly realized that money isnât everything and began channeling his inner peace guru. Amidst the price plummet, he dropped some wisdom: the real issue facing Shiba Inu isnât whales or bears or anything rationalâitâs actually UNITY.
Yes, folks. The solution to losing money is for everyone to get along better.
“Woof, your concerns are valid, and you are certainly entitled to step away if thatâs your choiceâbut itâs important to acknowledge the support you have received. Personally, I recommended your project to the magazine, which provided coverage to ensure your exceptional work gained⊔ â Kaal (@kaaldhairya) August 2, 2025
When asked why SHIB was burning, Kaal didn’t blame whales, hacks, or Harambe. Nope. He pointed to one thing and one thing only: too much barking and not enough tail wagging. Feelings were hurt. Projects were neglected. Tempers were short. Scuffles broke out at meetups. Dogs were involved. Possibly.
Kaal thinks there’s hopeâbut it lies solely in SHIB DAO empowerment. Yep, let the dogs vote. Let the puppers decide. We need democratic governance! Transparency! Equality! Emoji usage! And zero favoritism.
Heâs calling for a future where every SHIB holder has equal sayâand democratic Shibarium stewardship powered by unity, accountability, and golden retriever levels of friendliness.
So, investors, will SHIB rise againâor just keep digging itself a deeper hole? Probably both.
Stay tuned. đ¶đđ°
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2025-08-03 17:05