Shiba Inu Developer: Building the Ecosystem Is Top Priority Despite Price Plunge
Shiba Inu Developer: Building the Ecosystem Is Top Priority Despite Price Plunge
As Shiba Inu (SHIB) struggles amid a prolonged price downturn, the project’s lead developer has urged the community to focus on ecosystem expansion rather than short-term price movements, drawing the attention of investors. Even in the midst of extreme market fear, the message signals a determination to lay the groundwork for a rebound by strengthening technical completeness.
According to cryptocurrency outlet Bitcoinist on February 11 (local time), Shiba Inu’s anonymous lead developer Shytoshi Kusama emphasized in a YouTube video that short-term price declines should not dictate the project’s direction or strategy. Rather than reacting emotionally to current volatility, he stressed that the top priority is to build a robust and decentralized ecosystem capable of withstanding market instability. This indicates a commitment to focusing on technological development, community engagement, and innovative initiatives to strengthen the network.
Shiba Inu has faced severe price weakness and selling pressure due to a prolonged slump stretching from 2025 through early 2026. According to CryptoRank data, as of late 2025, SHIB had plunged დაახლოებით 60% to 70% compared to the beginning of the year, leading to waning investor interest. With declining trading volumes and reduced market volatility, the token has continued to trade sideways in 2026, while the Fear & Greed Index has entered the fear zone, underscoring prevailing market uncertainty.
Data analysis also shows that social media sentiment and search volume have fallen into extreme fear territory. This suggests a significant drop in online mentions and searches related to Shiba Inu, reflecting growing caution among traders and investors. Amid a broader slowdown in the cryptocurrency market and weakening investor confidence, the project team appears to be seeking a breakthrough by reinforcing its fundamentals.
Despite the pessimistic market environment, some experts have offered optimistic outlooks on a potential price recovery. Market analyst Crypto GVR stated that Shiba Inu may soon establish a turning point and is preparing for a rebound toward the $0.000005 to $0.0000061 range. He predicted that if SHIB breaks through this resistance level, it could sustain a longer-term rally toward $0.00002 to $0.00003.
However, for such optimistic projections to materialize, escaping the current deep slump remains the most urgent task. At the time of writing, Shiba Inu is trading near $0.0000058, down more than 2% over the past 24 hours and having fallen 64% since the start of the year. Attention is now focused on whether the developers’ push for technological advancement can act as a trigger for a price rebound.
Disclaimer: This article is for investment reference purposes only and we are not responsible for any investment losses resulting from it. The content should be interpreted for informational purposes only.
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