TL;DR<\/p>\n
SHIB charts show MACD divergence, hinting at a potential rally toward the $0.000032 resistance zone.
\nWoofSwap and others question SHIB\u2019s election plan, citing leadership concerns and missed promises.
\nVoting process for SHIB\u2019s interim president kicks off as calls for decentralization grow louder.<\/p>\n
Shiba Inu is facing pushback from its own ecosystem. Several projects, including WoofSwap, have raised concerns about the team\u2019s recent move to hold elections for an interim president. Some say the timing feels off, calling it a \u201cdistraction\u201d and describing it as poor leadership.<\/p>\n
I am observing the recent activities for $SHIB<\/a>, more especially on governance move. As the guardian of Ryoshi\u2019s vision, here\u2019s some of the concerns:<\/p>\n \u2022 Projects like #WoofSwap<\/a> and others have denounced Kusama\u2019s decision to hold elections, labeling it a distraction from more\u2026<\/p>\n \u2014 Shiba Inu (@ShibainuCoin) August 8, 2025<\/a><\/p>\n\n Another issue raised relates to the project\u2019s foundation having veto power. That has led some community members to question how decentralized the governance really is.<\/p>\n Moreover, others are pointing to missed goals, such as adding 100 validators or growing to a billion users. There\u2019s also talk that recent ventures like SHY and POE might benefit specific individuals more than the wider community.<\/p>\n Earlier this month, Shiba Inu marked its fifth year. As part of that milestone, lead developer Shytoshi Kusama introduced<\/a> a new voting process to select an interim president. The plan involves three rounds: open nominations, public debates, and final voting.<\/p>\n \u201cThe first allows for anyone to be nominated, while the top 10 move onto the debate phase,\u201d the post explained.<\/p>\n Debates will take place live or be shared across platforms. A week later, the community will vote again to choose from the final three candidates.<\/p>\n SHIB price was trading<\/a> at $0.00001289 at press time, up 4% over the last 24 hours and 6% over the past week. The volume in that time reached around $313 million. The move follows some positive technical signs spotted by traders.<\/p>\n One of those is a divergence pattern shared by crypto analyst Javon Marks. He pointed to a bullish setup on the daily chart, where the price made lower lows, but the MACD formed higher lows, a common early signal of a possible trend change.<\/p>\n $SHIB<\/a> still fresh off of a divergence that was confirmed earlier this year and prices may only be preparing for a run in result of this!<\/p>\n With that divergence, prices of Shiba could climb over 156% to reach the $0.000032 levels and that may only be the start of a larger reversal. https:\/\/t.co\/kAE7699tuD<\/a> pic.twitter.com\/uooG0YXwDW<\/a><\/p>\n \u2014 JAVONMARKS (@JavonTM1) August 6, 2025<\/a><\/p>\n\n Marks believes this pattern could lead to a strong rally. \u201cSHIB is still fresh off of a divergence,\u201d he said, adding that the price could climb as much as 156% if momentum builds. His chart shows a possible move toward the $0.000032 level.<\/p>\n Notably, that projection assumes the reversal continues and that the current structure stays in place. While governance debates continue, the chart setup is drawing attention from traders waiting for confirmation of a larger shift.<\/p>\n The post Shiba Inu (SHIB) Eyes 156% Rally as Governance Tensions Mount<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" TL;DR SHIB charts show MACD divergence, hinting at a potential rally toward the $0.000032 resistance zone. WoofSwap and others question SHIB\u2019s election plan, citing leadership concerns and missed promises. Voting process for SHIB\u2019s interim president kicks off as calls for decentralization grow louder. Disputes Surface Over Shiba Inu Leadership Shiba Inu is facing pushback from […]<\/p>\n","protected":false},"author":0,"featured_media":87086,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-87085","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/87085"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=87085"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/87085\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/87086"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=87085"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=87085"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=87085"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Election Plan Moves Forward<\/h2>\n
SHIB Price Sees Small Lift<\/h2>\n