SHIB Faces Persistent Headwinds: Can Shiba Inu's Black Period End Before 2026?

Shiba Inu (SHIB) has endured a challenging 2025, with the memecoin sliding over 66% year-to-date as bearish momentum continues to weigh on prices heading into the final quarter. The broader market weakness added fresh pressure in recent sessions, pushing SHIB down approximately 2.34% over the past 24 hours to trade around $0.00007092.

Technical Consolidation Masks Underlying Weakness

Price action reveals a pattern of lower peaks and temporary bounces that fail to hold ground. Early in the trading session, SHIB attempted recovery toward $0.0000723, only to encounter renewed selling interest that pulled the token back down through the day. This behavior—characterized by narrow ranges and recurring rejections at higher levels—reflects a market caught between exhausted buyers and persistent sellers.

The technical structure suggests ranging-bound conditions rather than a capitulation event. With market capitalization settling around $4.17 billion and 24-hour volume at approximately $85.6 million, liquidity remains constrained relative to SHIB’s size, potentially amplifying price swings in either direction.

Community Sentiment Reflects Growing Concern

The prolonged decline has not gone unnoticed within the Shiba Inu ecosystem. Long-standing community members have voiced frustration publicly, with some calling on lead developer Shytoshi Kusama to address the token’s stagnation. This sentiment underscores how extended periods of downside performance can erode confidence, even among loyal supporters.

EV2 Gaming Initiative Progresses Amid Market Uncertainty

While short-term price action remains sluggish, development efforts outside core SHIB continue advancing. The EV2 Web3 gaming project maintains its scheduled rollout, with early access targeted for Q4 2025. Follow-up marketing pushes are planned for Q1 2026, culminating in a full game launch paired with a token-generation event during Q2 2026.

The project aims for PC distribution across Steam and Epic Games, with console adaptations planned for subsequent phases. Whether these ecosystem developments can eventually catalyze renewed interest in SHIB remains to be seen as the token navigates its black period heading toward 2026.