{"id":70887,"date":"2026-02-04T19:01:35","date_gmt":"2026-02-04T19:01:35","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=70887"},"modified":"2026-02-04T19:01:35","modified_gmt":"2026-02-04T19:01:35","slug":"shiba-inu-lead-dev-returns-as-price-crashes-to-3-year-low-whats-going-on","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=70887","title":{"rendered":"Shiba Inu Lead Dev Returns As Price Crashes To 3-Year Low, What\u2019s Going On?"},"content":{"rendered":"<div>\n<p>Shiba Inu lead developer Shytoshi Kusama has returned to the X platform, teasing an important update for the SHIB community. This comes just as the meme coin\u2019s price crashed to a 3-year low amid the recent <a href=\"https:\/\/bitcoinist.com\/why-bitcoin-and-the-crypto-market-are-crashing\/\" target=\"_blank\" rel=\"noopener \">crypto market crash<\/a>.\u00a0<\/p>\n<h2>Shiba Inu Lead Developer Returns as Price Hits New Lows<\/h2>\n<p>In an <a href=\"https:\/\/x.com\/ShytoshiKusama\/status\/2016891291389313519?s=20\" target=\"_blank\" rel=\"noopener nofollow\">X post<\/a>, the Shiba Inu lead developer revealed that he had an \u201cultra important\u201d update for the <a href=\"https:\/\/bitcoinist.com\/shiba-inu-engineer-sharp-exit\/\" target=\"_blank\" rel=\"noopener \">SHIB community<\/a>. Shytoshi indicated that it was a very important update, noting how it could take 2 more hours to explain and that it was \u201cextremely important to many.\u201d Meanwhile, in a subsequent <a href=\"https:\/\/x.com\/ShytoshiKusama\/status\/2017479291210993862?s=20\" target=\"_blank\" rel=\"noopener nofollow\">X post<\/a>, the developer hinted that the update may be related to AI and a potential integration.<\/p>\n<p>Meanwhile, Shiba Inu developer <a href=\"https:\/\/bitcoinist.com\/shiba-inu-lead-dev-year-end-letter\/\" target=\"_blank\" rel=\"noopener \">Kaal Dhairya<\/a> has yet to comment on what the update may be about. However, he defended Shytoshi following criticisms from some members of the SHIB community over the developer\u2019s cryptic comments. SHIB marketing lead Lucie also commented on Shytoshi\u2019s statement, indicating that she was waiting on the update.\u00a0<\/p>\n<p>The Shiba Inu lead developer\u2019s return comes amid the recent crash in the Shiba Inu price, with the meme coin falling to a 3-year low of $0.000006461. <a href=\"https:\/\/bitcoinist.com\/dogecoin-shiba-inu-are-down\/\" target=\"_blank\" rel=\"noopener \">SHIB\u2019s crash<\/a> follows the broader crypto market downtrend, with Bitcoin dropping to a new yearly low of $73,000. Crypto traders also appear to be bearish on the meme coin at the moment as <a href=\"https:\/\/www.coinglass.com\/currencies\/SHIB\/futures\" target=\"_blank\" rel=\"noopener nofollow\">CoinGlass data<\/a> shows a 4% drop in SHIB\u2019s open interest.\u00a0<\/p>\n<p>Furthermore, the long\/short ratio is currently below 1, signaling that more traders are shorting Shiba Inu in anticipation of lower prices. The SHIB price is now down year-to-date (YTD), erasing the double-digit gains that it recorded at the start of the year.\u00a0<\/p>\n<h2>SHIB\u2019s Rebuild Depends On Execution, Not Price<\/h2>\n<p>In an <a href=\"https:\/\/x.com\/LucieSHIB\/status\/2017619573747404816?s=20\" target=\"_blank\" rel=\"noopener nofollow\">X article<\/a>, Lucie indicated that the key to rebuilding confidence in the Shiba Inu ecosystem is execution and not price. She remarked that real confidence would show up first in behavior, not charts. She outlined ways they can improve this execution, including ensuring steady activity on the <a href=\"https:\/\/bitcoinist.com\/shiba-inu-shibarium-in-trouble\/\" target=\"_blank\" rel=\"noopener \">Ethereum layer-2 network<\/a>, Shibarium.\u00a0<\/p>\n<p>Furthermore, the Shiba Inu marketing lead stated that they must avoid repeating exploit patterns and ensure a smooth LEASH migration. She also addressed the developers, saying that they have to ship new upgrades without drama.\u00a0<\/p>\n<p>Meanwhile, Lucie noted that users must continue interacting on the network even when the <a href=\"https:\/\/bitcoinist.com\/shiba-inu-prcie-will-rally-608\/\" target=\"_blank\" rel=\"noopener \">Shiba Inu price<\/a> is stagnant, as this is what a recovery phase looks like. The SHIB executive added that the meme coin sits between two states as an asset that is no longer just a meme coin but one that isn\u2019t yet a mature infrastructure network.\u00a0<\/p>\n<p>At the time of writing, the Shiba Inu price is trading at around $0.000006774, down almost 2% in the last 24 hours, according to <a href=\"https:\/\/coinmarketcap.com\/currencies\/shiba-inu\/\" target=\"_blank\" rel=\"noopener nofollow\">data<\/a> from CoinMarketCap.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/7pCgWdPd\/\" alt=\"Shiba Inu\" width=\"2108\" height=\"1628\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Shiba Inu lead developer Shytoshi Kusama has returned to the X platform, teasing an important update for the SHIB community. This comes just as the meme coin\u2019s price crashed to a 3-year low amid the recent crypto market crash.\u00a0 Shiba Inu Lead Developer Returns as Price Hits New Lows In an X post, the Shiba [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-70887","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/70887","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=70887"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/70887\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=70887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=70887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=70887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}