Shiba Inu Says Reports of Its Death 'Greatly Exaggerated' as SHIB Explodes 22% in a Week — What's Driving

Shiba Inu (CRYPTO: SHIB) surged to a two-month high on Sunday, sparking a flurry of memes from the cryptocurrency's official X account about how relevant and promising it still is.

SHIB Gets Back at the Bears The Shiba Inu account posted a cartoon on X, showing an emboldened Shiba Inu mascot and a terrified brown bear —symbolizing bear markets.

"Reports of $SHIB’s death were greatly exaggerated," referencing writer Mark Twain's iconic quote.

Reports of $SHIB’s death were greatly exaggerated. pic.twitter.com/B43xsEokJh— Shib (@Shibtoken) July 26, 2026 SHIB also shared a Forrest Gump running GIF with the caption "Run it back, world," in reply to a nostalgic post about the memecoin’s past global shilling.

Run it back, world. 🌎 https://t.co/nqvXjezRgL pic.twitter.com/2khV7ntmbW— Shib (@Shibtoken) July 26, 2026 Read Also: Bitcoin Holds Ground, Meme Coins Diverge, CLARITY Act Looms Large and More: This Week in Crypto South Korean Trades Driving the Rally?