Shiba Inu $SHIB
SHIB is currently in what analysts call an ~11‑month bear market phase.
Key worries: The burn rate has fallen, and whales appear to be exiting, which raises risk of further downside.
On the flip side, SHIB has shown some accumulation behaviour, and the ecosystem (via its layer‑2 “Shibarium” and other tokens) is being flagged as a potential long‑term area of interest.
Short term summary: $SHIB faces weak momentum now, but some analysts believe a rebound may be possible if the ecosystem developments gain traction.