5 reasons to keep Shiba Inu (SHIB) even though Steve Aoki sold it for Rp513 million, can it rebound?

Jakarta, Pintu News – The cryptocurrency market has just been shocked by the news of a large sale of digital assets by world-renowned DJ, Steve Aoki. According to a data report from Arkham, the musician has offloaded his stash of assets and moved all his funds to the Gemini exchange amid depressed market conditions. While many investors may be panicked by the sell-off of such public figures, it is important to understand the market dynamics before making any financial decisions.

1. Steve Aoki’s IDR513 Million Sell-off in the Crypto Market

Recent reports have revealed that Steve Aoki has sold digital assets in the form of meme coins and smart contract platforms on the crypto market in a sudden move. The sale involved tens of thousands of dollars which were then immediately transferred for the DJ’s personal liquidity purposes through a reputable exchange platform. While you may be alarmed by this action, it is important to remember that everyone’s personal reasons for selling assets can be very different and do not necessarily reflect the fundamental value of the asset.

Here is a breakdown of the funds moved by Steve Aoki to the Gemini exchange based on the current conversion rate:

• Total Sales Value: $30,000 (IDR513,840,000 Equivalent)
• Released Assets: Shiba Inu (SHIB) and Ethereum (ETH)

Also Read: Fantastic! Elon Musk & Kimbal Musk Bagged Bitcoin (BTC) Worth IDR27.4 Trillion

2. Drastic Drop in SHIB Price from Record High Peak

Shiba Inu (SHIB) has experienced a very volatile price journey since it first set historical records a few years ago in the global market. The asset did provide early investors with millions of percent gains during the great cryptocurrency rally. However, the current price of the coin has undergone a deep correction when compared to its previous highs.

Check out the Shiba Inu (SHIB) price comparison which shows a significant decline in value over the past few years:

• Highest Price (October 2021): $0.00008616 (Rp1,475)
• December 2024 price: $0.000032 (IDR0.548)
• April 2026 price: $0.0000058 (IDR0.099)

3. Market Cycles and Uncertainty in Global Geopolitical Conditions

Veterans of the digital asset investment world know all too well that markets move in alternating cycles of ups and downs over time. The year 2026 is indeed a challenging time for many high-risk investment instruments due to various complex macroeconomic factors. You need to realize that the current price drop is part of the market consolidation phase that often occurs before entering a new cycle.

Geopolitical tensions and economic uncertainties at the international level are also exerting a great deal of pressure with many investors opting for a more conservative stance at the moment. Many market participants are avoiding risky assets because they are worried about the global financial stability that is experiencing severe shocks. However, history shows that crypto markets usually bounce back once this period of macroeconomic uncertainty starts to show signs of abating.

4. Shiba Inu Ecosystem Innovation that Keeps On Going

Despite its lackluster price performance, the Shiba Inu (SHIB) development team remains fully committed to its highly ambitious infrastructure development. The project has successfully launched various technological innovations such as a layer-2 network called Shibarium to improve transaction efficiency within its ecosystem. You should see that these technical developments are an important foundation that will support the coin’s usability value in the future.

In addition to the main network, the ecosystem is also working on special operating system projects and the development of a virtual world or metaverse that is very attractive to users. The presence of these new features is expected to increase organic demand and strengthen the dog-themed coin’s position among its competitors. You can monitor this development as an indicator of the long-term sustainability of the project that does not rely solely on popularity on social media.

5. Strategies to weather the market storm without losing money

Selling an asset when it’s at its lowest will often lock you into a permanent loss in your investment portfolio. Many financial experts advise investors to stay calm and wait until the market shows a healthier recovery trend. Surviving the market storm is one strategy that requires a lot of patience but has the potential to yield much more favorable results.

You should not rush to follow the steps of others who are selling their assets out of frustration at the current slowing price performance. Having faith in the project fundamentals and understanding the long-term cycle will help you manage your emotions during times of high volatility. Always do in-depth independent research before deciding to divest your digital asset holdings so that the decision is fully informed.

Also Read: Where to Buy Silver? 5 Best Places to Buy Silver in 2026

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Paigambar Mohan Raj/Watcher Guru. DJ Steve Aoki Sold His Shiba Inu: Here’s Why You Should Not. Accessed April 16, 2026.