Shiba Inu Says Bears “Chose Cardio,” but SHIB Lagged Most of the Market

Shiba Inu (SHIB) rose 6.76% on Thursday, yet the meme coin trailed a market-wide rally that lifted Ethereum by 17.8%. The project’s official account claimed credit for the bounce, telling followers that bears saw the token coming and chose cardio.

Broader market flows suggest otherwise. Why the Shiba Inu Price Move Tracked the Market, Not the Memes The Shib team skipped any technical explanation. Instead, it’s post cast sellers as runners who abandoned the trade rather than defend it.

Bears saw ethereum:0x95ad61b0a150d79219dcf64e1e6cc01f0b64c4ce coming and chose cardio. pic.twitter.com/V58zA9ED11— Shib (@Shibtoken) August 19, 2026 Almost every major asset moved the same way.

Total crypto market value reached roughly $2.34 trillion on Thursday, about 9.32% above the previous day’s low. Bitcoin (BTC) added 8.1% over 24 hours and trades at $69,515, while Ethereum (ETH) jumped 17.8% to $2,251. The trigger sat far outside meme coin circles.