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SHIB's recent performance has indeed been somewhat disappointing. After rebounding to $0.0000075, the price has started to weaken again, dropping from the 24th to 26th place in global rankings, with market capitalization surpassed by Canton and Uniswap. Over the past month, it has fallen by 12.4%, and the annual decline has exceeded 64%. This downward trend cannot be ignored.
What’s even more disheartening are the issues at the ecosystem level. Since the launch of Shibarium, the performance has been lackluster, and the burn mechanism has seen no significant progress. The various projects promised by the official team have fallen into an endless cycle of delays. Even though some investors are still shouting "a low-price buying opportunity," the reality is clear—the ecosystem implementation is severely lagging, and practical use cases are almost nonexistent.
What’s more concerning is that community attention is dispersing. The Solana ecosystem’s Hachi meme coin has gained quite a bit of popularity within the community, diverting funds and focus away. Coupled with poor transparency from the team and slow responses to community feedback, these factors have collectively dealt a noticeable blow to investor confidence. Long-term holding of this project definitely requires careful risk assessment.