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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong
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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong

Shiba Inu Keeps Sliding As Team Counters With Optimism

Christian Encila
Christian Encila
Last Updated: February 5, 2026 1:30 pm
3 mins read
Shiba Inu

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Shiba Inu’s price action has been harsh lately. It plunged to about $0.0000063588 over a single weekend, wiping away months of gains and leaving many holders uneasy.

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Market moves like that are driven by big-picture forces — macro weakness, lower appetite for altcoins, and a general pullback across crypto.

Yet inside the project’s camp, voices are still billing a comeback as likely. That contrast between numbers on a chart and upbeat messages from the team is where most of the current debate sits.

Lucie Voices Confidence

According to posts by the project’s marketing lead, Lucie, SHIB “will come back” in time. She argues that networks built and kept alive by active communities have a stronger chance of lasting than tokens pushed mainly by paid promoters.

🐶SHIB 🐶will come back, and strong communities will carry on, pushing back to gains.

Weak projects built on paid KOLs will fade, and better ones will be born.
NFTs may regain momentum.
New standards across AI will emerge. Pay attention, there will be opportunities to make… pic.twitter.com/TNft72aXJD

— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) February 2, 2026

Reports say she also hinted at fresh activity coming from developer Kaal Dhairya, and the lead developer Shytoshi Kusama has been linked to moves toward artificial intelligence and NFT-related work for the broader lineup that includes SHIB, TREAT, BONE, and LEASH.

Those plans are being positioned as part of a longer-term effort to give the ecosystem more purpose beyond speculation.

Community And Developer Activity

There is some actual work happening, though it is mostly in early stages. Updates were teased but details remain thin.

Many community members keep watching the developers’ channels for concrete timelines and product launches. At the same time, Lucie has repeatedly told people to only risk money they can spare and reminded followers that her words are not financial advice.

SHIB market cap currently at $3.8 billion. Chart: TradingView

That caution was repeated after the token slid back from $0.00001265 in March 2025 to fresh lows more recently. Signals from developers are being noticed, but they have not yet translated into sustained buying pressure.

SHIBA INU COIN HOLDERS. HONEST TRUTH.

1. ALTCOINS HAVE BEEN BEARISH FOR 4 YEARS
2. $SHIB HAS UNDERPERFORMED
3. CAN SHIBA INU EVER COME BACK?
4. WHAT HAVE I LEARNED SINCE 2021
5. HOW CAN YOU ADJUST YOUR STRATEGY?

Please Share This If You Get Value pic.twitter.com/YPvSL7ibRy

— Zach Humphries (@ZachHumphries) February 3, 2026

Analysts Call For Realism

Analysts and some community figures pushed back. Zach Humphries, among others, warned that being hopeful is fine, but it should not replace hard thinking about risk.

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He noted that altcoins have underperformed for a long stretch since 2021 and that relying solely on team statements is risky. Diversification was urged.

Some critics said the marketing tone is upbeat and that it can boost morale, yet market fundamentals need stronger backing to flip sentiment.

Opinions in the space were split: some see potential if new features land and adoption grows, while others say the token’s long slump shows that talk alone won’t lift price.

Featured image from thewave, chart from TradingView

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Christian Encila
Christian Encila

Christian Encila

Christian Encila is a journalist, editor, crypto analyst, and virtual assistant focused on storytelling, financial markets, and digital media. He blends strong writing skills with in-depth analysis, turning complex information into clear, accessible insights.

Read more

His writing began in college as a feature writer for his school publication, building research and storytelling skills. He later worked as an editor at a data engineering firm, gaining recognition for writing and discipline.

He expanded internationally in Canada and South Korea, then returned to the Philippines for a decade in a major newsroom. There he became a senior news writer and editor, simplifying complex topics for broad audiences.

He later moved into cryptocurrency journalism as a crypto analyst and market expert at NewsBTC, covering trends and blockchain developments. Alongside writing, he works as a Virtual Assistant supporting editorial operations, workflows, and coordination tasks.

Outside work, he enjoys motorbikes, riding a Yamaha R3, preferring relaxed coastal rides. He spends time with two cats and a dog, and unwinds with coffee, Filipino food, and occasional rum while watching comedy films.

His career blends journalism, analysis, and support roles, reflecting adaptability across media, markets, and digital content production in modern newsroom environments and remote work settings globally.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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