Shiba Inu metrics signal a prolonged bear phase that could last to September 2026

Shiba Inu (SHIB) was down 0.51% week over week, and the memecoin segment showed limited movement among major names. On-chain indicators point to stressed holders, with percent supply in profit at 3.07% at the time of writing and MVRV sitting at an extreme deviation. If the 2022-style pattern repeats, the bearish cycle could extend until September 2026.