SHIB rebounds as Shytoshi Kusama returns after five-week silence

Shiba Inu (SHIB) surged on renewed community attention after lead ambassador Shytoshi Kusama ended a five-week silence on X. On April 2, Kusama posted that “appointed time has arrived” and implied more discussion is coming. He pushed back on price-speculation by telling users his message was not tied to SHIB price moves, framing it instead as a broader “global moment” about perception and timing. In markets, SHIB rose about 6% over 24 hours to around $0.00000609. The rally followed a wider crypto recovery. However, traders still face technical headwinds: SHIB is trying to reclaim the 50-day moving average near $0.00000595, while the broader trend since October remains a macro downtrend with lower highs and lower lows. Derivatives data were mixed. Trading volumes were thin due to the holiday weekend, but SHIB open interest increased about 7% to roughly $54.46M, suggesting growing engagement even as liquidity stayed subdued. Kusama’s earlier comments also referenced upcoming ecosystem direction, including a new AI application focused on relationships. For traders, the immediate takeaway is sentiment lift from Kusama’s return, offset by ongoing technical resistance and the still-weak macro structure for SHIB.