SHIB Price Dips, But Shytoshi Kusama Hints at Big Announcement

The crypto market is facing a major downturn, and Shiba Inu (SHIB) hasn’t escaped the sell-off. In the past 24 hours, SHIB’s price has dropped 20%, reaching $0.000014, bringing its weekly loss to 25%.

Despite the decline, there’s still excitement in the air as Shiba Inu’s lead developer, Shytoshi Kusama, has teased a big announcement in a mysterious video, leaving the SHIB community eagerly waiting to see what’s next.

SHIB Holders on Edge – What Was the Video About?

In a recent post on X, Shytoshi Kusama shared a 23-second video that quickly caught the attention of SHIB holders. The video includes cryptic phrases like “something is shifting” and “the key to the future is about to be unlocked,” hinting at an important update ahead.

It suggests that a game-changing update is on the way, “Prepare Yourself, This Change Is Everything”, potentially impacting the entire crypto space.

The video ends with the words, “Something big is coming,” fueling even more speculation. 

When asked for details, Kusama responded with a zipper-mouth emoji, suggesting that while something huge is in the works, the team is not yet ready to reveal it.

What Could the Announcement Be?

While Kusama hasn’t given much away, the teaser has sparked a lot of discussion within the SHIB community. Many are speculating that the announcement could involve a major partnership, a significant upgrade, or a breakthrough innovation for the Shiba Inu ecosystem.

This follows Kusama’s earlier hint about an upcoming partnership that could benefit all SHIB-related tokens, including BONE, LEASH, TREAT, and SHIB itself. With high expectations building, the community is eagerly awaiting what could be a game-changing development for the project.

Challenges for SHIB

Despite the excitement surrounding the mysterious announcement, Shiba Inu’s price has continued to slide. As of now, SHIB is trading around $0.00001442 with a market cap of $8.4 billion. While the current situation looks challenging, there’s still hope for a rebound if SHIB can stabilize at or near its current price level.

Key Levels for SHIB Price

For a possible recovery, investors should keep an eye on key support levels. The 50-day and 200-day moving averages, at $0.000017 and $0.0000152 respectively, are important levels to monitor. If SHIB can break above these points, it could signal a shift in momentum and offer relief to investors.

While the market remains tough for SHIB, the excitement around Kusama’s teaser has given holders something to look forward to. Only time will reveal what’s next for Shiba Inu, but the anticipation surrounding the announcement is keeping the community on edge.