Woofpaper Wisdom: SHIBARMY's Diamond-Pawed Devotion Endures Through 93% Drawdown

Somewhere on a dusty Discord server, Ryoshi's original Woofpaper still gathers digital cobwebs—and apparently, it's making a comeback. The Shibizens X account recently dusted off the sacred parchment (read: tweet from 2021) to remind the Shiba Inu faithful of the Doge-inspired principles that sent $SHIB to the moon harder than a SpaceX launch with no ceiling.

The gospel according to Shibizens? "True strength lies in holding through storms and contributing during calm." Ah yes, the mantra that's kept degens diamond-pawing through countless red candles, refreshing their CoinGecko tabs like it's a form of meditation.

For the uninitiated: $SHIB absolutely ripped after launch. We're talking millions of percent. Peak Shib hits $0.000088 in October 2021, right around when your Uber driver started asking about "that dog coin." Since then? Consolidation city. The kind of price action that makes you wonder if your chart is frozen or if this is just the most boring bear market in history.

Today finds our beloved token lounging around $0.000005897—a humble 93% haircut from ATH. Most assets would've seen their community evaporate faster than Terra's reputation. But not Shiba. The Woofpaper clearly knew what it was doing, because apparently " DCA your way to prosperity" wasn't inspirational enough.

The broader market, meanwhile, is doing what it always does: waiting for macro breadcrumbs. Friday's CPI print has everyone sweating bullets, with headline inflation projected at 3.3% year-over-year for March—climbing from February's 2.4%. The Fed's beloved PCE index also rose 0.4% monthly in February. So yeah, the printers might still be warm.

At time of writing, $SHIB had climbed a majestic 0.76% in 24 hours. Diamond paws verified. The meme lives on.