u.today
Shiba Inu lead ambassador Shytoshi Kusama has continued to maintain a quiet profile on X. Following a recent update to his bio, Kusama has refrained from posting and has not engaged with any posts so far.
The last time Kusama posted was on May 13, when he tagged Shiba Inu developer Kaal Dhairya, and he has not interacted with any posts since then.
The silence follows a trend that has been observed with the lead ambassador since late 2024. When he broke his silence, he attributed his quietness to being busy with innovation; in particular, he was developing an independent AI initiative.
Oftentimes, Kusama has communicated subtle hints about ongoing developments through X updates.
As reported, the Shiba Inu lead ambassador Shytoshi Kusama updated his bio to indicate his current "focus." His X bio currently reads: "Pure Focus: AI App/site: R.OS Finishing touches. Beta website complete. Final bug pass." His location on X was unchanged: "Backlog, Marketing, Positioning."
Generally, as is the case with the broader market, Shiba Inu remains in a quiet phase, with the $SHIB community now anticipating what will happen next.
Shiba Inu enters quiet phase
The meme coin sector has seen a cooldown in line with broader bearish market conditions, shifting from explosive rallies to a quiet accumulation phase for major tokens.
In line with this, Shiba Inu continues to trade quietly, consolidating near recently formed lows. At the time of writing, $SHIB was down 0.47% in the last 24 hours to $0.000004699 and down nearly 6% weekly.
Shiba Inu had rallied in the week before last, before selling off mostly over the past seven days in a broad risk-off move, and stabilizing over the weekend. Shiba Inu fell for five straight days from June 16 and will mark the sixth day if today ends in losses.
Traders are watching the support level at $0.0000043 in case the declines continue and the resistance at $0.0000055 in case the $SHIB price rebounds.