#shiba⚡ Inu No Longer in Top 20 — Here’s What Could Have Caused the Drop. Shiba Inu’s enormous supply, currently around 589 trillion tokens, is also a major reason why SHIB sits below the top 20. Due to this massive supply, the token’s price and market cap are subject to greater volatility.
To potentially reclaim a spot in the top 20 — and possibly re-enter the top 10 — the Shiba Inu ecosystem may need to consider addressing internal challenges, enhancing transparency around leadership, implementing further token burn mechanisms, and exploring ways to attract institutional interest. These steps could help improve investor confidence and support long-term growth.
Even though Shiba Inu currently sits outside the top 20, the team has consistently encouraged investors to remain resilient during market downturns.
Earlier this year, after SHIB dropped to the $0.000012 region, Shiba Inu’s marketing lead, Lucie, stated that SHIB would succeed despite ongoing price challenges, suggesting that the token could eventually rise from the ashes.
Separately, she has also expressed her belief that SHIB could someday reach $0.01 and potentially aim for ambitious targets like $1. Whether these predictions will materialize remains to be seen.
