Checking $SHIB âs vital signs on May 15, 2025, reveals a complex picture. The coin hovered around $0.000022. This price gave it a market value near $12.98 billion, keeping it in the cryptocurrency top 15. Daily trading activity saw about $750 million change hands, a sign that people are still interested, even if itâs not the frenzy of its peak. Nearly all of #SHIB âs massive supply, around 589.27 trillion out of 589.52 trillion tokens, is out in the market.
Whatâs interesting is whoâs holding SHIB: despite the price swings, a reported 76% of owners have held their tokens for over a year â thatâs a higher rate than even Bitcoin or Ethereum holders, with folks typically keeping SHIB for 2.6 years. Over 1.5 million different digital wallets hold SHIB. Still, a hefty chunk of the tokens sits with a small number of large âwhaleâ accounts; the top 100 holders are said to command a big slice of the total supply.
The Big Debate: Is SHIB Finished?
Why Some Think SHIBâs Best Days Are Over
Those who believe Shiba Inu is on an unstoppable downward path often highlight its huge fall from its record high. They also point to trading volumes that havenât consistently matched the excitement of its peak days and raise worries about how quickly the projectâs ecosystem is actually growing. Updates for Shibarium and ShibaSwap, along with a new token called TREAT, are planned, but skeptics doubt how much real difference these will make or how many people will use them.
The buzz on social media has clearly faded, and the âDogecoin killerâ story doesnât carry the same weight it once did, especially with so many new meme coins flooding the market. The sheer number of SHIB tokens in existence also makes it incredibly difficult, mathematically, for the price to go up significantly, even with ongoing efforts to âburnâ or destroy tokens. Lingering worries also exist about large holders (whales) having too much control and potentially manipulating the market.
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