Shiba Inu’s team said on X that “OG culture never left” and that SHIB never left either, using a recent rally to argue that the token continues to attract attention in the crypto market.

The exchange began after crypto commentator David Gokhshtein said early meme coins, often described in crypto slang as “OG” projects, appear to be regaining relevance. His comments centered on SHIB’s price movement over the previous two days and what he described as a broader return of interest in older meme tokens. In crypto markets, that framing matters because meme coins often rely heavily on community visibility, trading momentum, and social media attention rather than the same valuation measures used for revenue-generating businesses.

Shiba Inu Team Responds to David Gokhshtein

Gokhshtein posted that SHIB’s move over the prior two days had made him more bullish on the idea that OG culture was returning to the industry. He added that such a shift could benefit OG meme coins as a group.

Watching $SHIB move over the last two days has me even more bullish that the OG culture is making its way back to this industry. I also think this benefits the OG memes as a whole.

Shiba Inu’s official X account, Shibtoken, replied by framing the move as evidence that SHIB had remained relevant rather than resurfaced suddenly.

OG culture never left. Neither did $SHIB . — Shib (@Shibtoken) July 26, 2026

OG culture never left. Neither did $SHIB .

The response presented SHIB’s recent activity as part of a wider shift around established meme coins, rather than an isolated price bounce. Earlier this month, Shiba Inu’s burn rate reached a six-month high, although that spike did not immediately affect the token’s price. Token burns typically refer to removing tokens from circulation by sending them to inaccessible addresses, but market reaction can still depend on demand, liquidity, and broader risk appetite. The latest rally has nevertheless renewed attention around the asset, at least in the near term.

SHIB Price Data Shows Gains Despite Pullback

Shiba Inu (SHIB) was trading near $0.00000507. The token remained up nearly 22% over the previous week.

Over a 30-day period, SHIB was still almost 19% higher. That indicates the broader upward move remained in place even as the token pulled back in the short term.

The recent rally had cooled, however. SHIB was down 6.08% over the previous 24 hours. Its market capitalization stood at $2.99 billion, placing it 31st among cryptocurrencies by market value.

SHIB also remained far below its all-time high of $0.00008616, which was recorded in October 2021. The difference between the current price and that peak highlights the scale of any recovery that would be required for Shiba Inu to return to its previous highs.

OG Meme Coins Return to the Discussion

The renewed attention followed a difficult period for Shiba Inu. Recent on-chain data had pointed to weak conditions for the token, and trader James Wynn had described SHIB as dead only a month earlier.

Meme coin rallies linked to social media posts have historically faded within days, and some traders remain skeptical that the latest move will be different. At the same time, overall meme coin dominance recently fell to a two-year low as holders moved out of the sector. That decline has coincided with a broader market focus on tokens viewed as more fundamentals-driven.

Even so, the latest discussion represents a change in tone for a token that many market participants had written off. Whether SHIB can maintain its recent gains will likely depend on trading volume in the days ahead, along with whether renewed social attention translates into sustained market participation rather than a short-lived reaction.