Shiba Inu Price Struggles: Key Good and Bad News For Holders

Shiba Inu‘s price performance remains weak, with the token failing to witness a substantial surge. Crypto expert Zach Humphries commented on this dynamic in a recent video, cautioning that hype-based optimism could be detrimental. He stated, “I love the bout of confidence and the positivity and the optimism… but I also don’t like when somebody just feeds you a bunch of stuff and doesn’t identify the issues.”

This commentary was in response to a post by Lucie, SHIB’s marketing lead, who expressed strong confidence in the token’s imminent recovery. However, Humphries emphasized the importance of acknowledging existing market concerns even while maintaining a positive outlook.

Consequently, he noted that individuals with vested interests may avoid addressing certain issues. He added, “Again, love the positivity, but I think sometimes we can get blinded by this positivity, too.”

Meanwhile, some on-chain metrics present a more encouraging picture for SHIB holders seeing SHIB leave exchanges signals ongoing accumulation. This activity suggests continued interest from whales and investors despite the asset’s current downward price trajectory.