The Shiba Inu team has addressed market speculation regarding the project's relevance, asserting that SHIB remains a significant player in the crypto market. Despite Bitcoin reaching a record high of $126,198, the Shiba Inu team humorously hinted at SHIB's potential to follow suit. Currently trading at $0.00001290, SHIB would require a 586% increase to surpass its previous peak of $0.00008845. The team highlighted that SHIB boasts over 1.5 million on-chain holders and a 24-hour trading volume of $214.5 million, underscoring the token's continued activity and presence in the market. This statement aims to reassure investors and enthusiasts of SHIB's ongoing relevance and potential.