Shiba Inu (SHIB) is gaining momentum as the project announces a groundbreaking move – a community election to choose the next leader of its $7 billion “state network.”
The token has edged higher following the news, with developers framing the vote as a major step toward full decentralization.
Shytoshi Kusama, the most prominent figure behind the Shiba Inu ecosystem, introduced the proposal as the next evolution in SHIB’s governance model.
Shib has always been designed for full decentralization. As we move into the 5th Shib Year . It's time to launch a vital aspect to achieve this goal: ELECTIONS. https://t.co/jlAn8yOwLv
— Shytoshi Kusama
(@ShytoshiKusama) August 5, 2025
In a recent blog post, he provided details on how the voting would work in practice.
Three voting sessions will be held. The first one will consist of a free-to-enter nomination procedure. Anyone will be able to propose themselves as candidates for the presidency.
Live debates will be held to select the top three nominees in a second round. Finally, after these short-listed candidates discuss their proposals publicly, the community will choose the next President of the Shiba Inu ecosystem.
“We will post details on the election date and time shortly, but wanted to give the community a moment to begin deciding how they want to participate,” Kusama further commented.
With Shiba Inu as the pioneer in this kind of initiative, the move favors a bullish Shiba Inu price prediction.
Shiba Inu Price Prediction: SHIB Bounces Strongly Off Key Support – Next Target at $0.000016
Shiba Inu (SHIB) has jumped off a key support level in the daily chart after 6 consecutive days of declines.
The $0.00001200 area has held quite well and buying interest is evident as trading volumes rose above the average as the price hit this mark.
TThe token has now posted gains in four of the last five trading sessions after bouncing off this support level – a promising sign that the market has found a temporary floor.
This price action supports a bullish Shiba Inu price prediction, with near-term targets set at the 200-day EMA of $0.00001430 and the next swing high at $0.00001600.
Could SHIB one day hit $10 per token?
While that would imply a market cap nearing $5.9 quadrillion, making it a long shot by today’s standards, it’s not entirely out of the question.
Wider adoption, improved tokenomics, and mechanisms like aggressive token burns could drastically reshape the supply-demand equation over time.
And as Shiba Inu continues to tap into the deeper potential of blockchain technology, from governance models to ecosystem expansion, the long-term outlook remains compelling.
In the meantime, newer crypto presales like Maxi Doge (MAXI) are capturing short-term attention, embracing the ‘up only’ culture of bull markets.
The project has already raised nearly $500,000 just days after launch, signaling strong momentum and investor appetite.
High Risk, High Reward – A Meme Token Built for the Bold
Maxi Doge (MAXI) is what happens when you mix high leverage and market hype. No red candles are allowed, and all risks are worth taking.
MAXI is a Shiba Inu dog on steroids. It wants to get out of mom’s basement and only knows one way to do it – big crypto bags that produce life-changing gains.
A portion of the presale funds will go toward the Maxi Fund, which hunts down high-potential tokens using leverage to capitalize on the most explosive trends of this bull cycle.
To buy $MAXI early and get in on the pump before the next price increase, simply head to the Maxi Doge website and connect your wallet (e.g. Best Wallet).
You can either swap USDT or ETH for this token or use a bank card to invest.
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The post Shiba Inu Price Prediction: SHIB’s Top Developer Kusama Calls for Historic Election – $10 SHIB Possible? appeared first on Cryptonews.
