Shiba Inu (SHIB) recently suffered a significant price decline, dropping around 76% from its peak. This event sparked concern but also highlights the importance of long-term utility over short-term speculation. The community remains optimistic as Shiba Inu’s visionary lead, Shytoshi Kusama, emphasizes the need for real-world application rather than solely focusing on price fluctuations. 76% Price Drop: Impact and Outlook, While investor confidence has been impacted by this correction, many are looking to leadership for strategic guidance. A potential rebound may occur based on Shiba Inu’s underlying fundamentals, according to experts. Historical data suggests that corrections in the crypto sector often lead to consolidation and potential rebounds, mirroring past experiences with meme coins like Dogecoin. Kusama believes a focus on real-world utility will generate more natural demand, attracting both institutions and retail investors to the network. 76% Price Drop: Impact and Outlook