Shiba Inu Update: ShibaDAO Launches Amid SHIB Price Decline

TLDR:

• ShibaDAO introduces on-chain staking and off-chain voting for SHIB ecosystem governance.
• SHIB has dropped over 11% this week and remains 85% below its all-time high.
• DAO Factory enables users to create custom DAOs tied to DeFi, gaming, and public goods.
• Four DAOs now manage events, upgrades, disputes, and development within Shiba Inu’s network. 

Shiba Inu’s ecosystem has introduced a new governance system, ShibaDAO, even as the SHIB price continues to slip. 

The DAO framework aims to shift decision-making power from developers to the wider community. This launch represents a structural change across the Shiba Inu network, bringing staking, voting, and delegation tools to holders. 

Meanwhile, SHIB has seen sharp price declines, underperforming against major assets like Bitcoin and Ethereum amid a major market dip. Despite this, community activity appears to be intensifying with multiple DAOs already operational.

ShibaDAO Launch Marks Governance Milestone

The @Shibizens community announced that ShibaDAO is now live, enabling community-led proposals and governance through a decentralized structure. 

Breaking: ShibDAO Officially Live — Community Governance Begins

ShibDAO has launched, marking a major step toward real decentralization across the SHIB ecosystem.

No more backroom deals — this system gives voice and power to the community:

On-Chain Staking (Bury 2.0):… pic.twitter.com/O6FEHNPzgW

— Shibarium Updates (@Shibizens) May 29, 2025

The system uses on-chain staking, allowing users to stake SHIB, BONE, LEASH, or TREAT to earn voting power. Off-chain voting is conducted through Snapshot, with vote weights calculated using real-time staking data.

Additionally, ShibaDAO includes a delegation feature. Users who prefer not to vote directly can assign their influence to trusted members, reclaiming it at will. The DAO Factory tool allows anyone to create custom DAOs within the ecosystem, broadening participation across various community projects.

Multiple DAOs are currently live and serving specific roles within the Shiba Inu ecosystem. 

The Shib DAO handles community events, user experience, and charity efforts. Bone DAO oversees development decisions and Shibarium upgrades. Leash DAO resolves governance disputes, while Treat DAO supports dApp creation and innovation funding.

The tools provided through the DAO Factory are already in use. Users can launch purpose-specific DAOs using Shib Name Service (SNS), spanning fields like DeFi, gaming, and public goods. The infrastructure offers a scalable path to decentralized project management.

SHIB Price Slides Despite Ecosystem Growth

According to CoinCodex and CoinGecko, SHIB has declined over 7% in the past 24 hours. Its current price stands at $0.00001322, with a 24-hour volume of over $300 million. 

The token has dropped 11.26% over the last week and trades far below its October 2021 all-time high.

SHIB is down 85% from its peak, underperforming 72% of the top 100 crypto assets in the past year. It also trails Bitcoin and Ethereum in one-month returns, despite a slight 0.84% rise against the U.S. Dollar. 

Market sentiment remains bearish, though the Fear & Greed Index shows “Greed” at 60.

SHIB continues to trade below its 200-day simple moving average, reinforcing short-term weakness. Analysts note that it reached a recent cycle low of $0.000005821 and has not approached its previous highs. Daily trading ranges remain narrow, pointing to uncertainty among holders.

Despite price concerns, the launch of ShibaDAO indicates a shift toward decentralization. Whether this governance framework can stabilize SHIB’s position remains uncertain as trading volumes fluctuate and sentiment cools.

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