Shiba Inu just pulled off the crypto equivalent of a bad hair day – a “death cross” on its hourly chart, where the 50-hour MA has slinked below the 200-hour MA like a dog avoiding the groomer. Coincidentally, the price has been sliding since the start of the week, proving that even Shiba Inu can’t outsmart gravity (or a bear market).
Last week, SHIB tried to play the hero, rallying three days straight to a lofty $0.00000724 on Feb. 14. But let’s be real, it was just a flash in the pan – or should we say, a flash in the blockchain. By Sunday, the bears were back, dragging SHIB down to a sad $0.00000612 by Feb. 19. Monday brought a brief pause, but not enough to save face.
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Right now, SHIB is down 0.83% in 24 hours to $0.000006201, clinging to life like a Chihuahua on a hot summer day. A doji on the daily chart? That’s just the market saying, “I have no idea what I’m doing.” Traders are waiting for Friday’s economic data like it’s the final episode of a Netflix series – full of hope and caffeine.
Resistance levels? Please. SHIB’s got to fight through $0.0000072 and $0.0000074 like it’s breaking through a wall of skeptical investors. Support? If it drops, $0.00000575 and $0.000005 are the crypto version of a life raft – tiny, flimsy, and probably stolen.
February Deadline Issued for Shiba Inu Community
K9 Finance has given the Shiba Inu community until Feb. 25, 2026, to withdraw assets from Bonecrusher before their “sunset” party. Because nothing says “commitment” like a DAO that’s bailing faster than a crypto influencer during a rug pull.
Back in February, K9 Finance dropped a Sunset Notice, which is just a fancy way of saying, “We’re done here. Good luck, bye!” Their DAO voted to shut down the current model, leaving the foundation to fade into crypto history like a TikTok trend. The new DAO might survive – if it can remember its own password.
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2026-02-20 18:34