SHIB isn’t dead. It ranks in the top 20 cryptocurrencies, with a $7.5 billion market cap and a price of $0.00001252 USD. Its 24-hour trading volume exceeds $169 million. Though 85% below its 2021 peak, it’s up 300% since early 2024.
Ecosystem Growth
Beyond its meme roots, SHIB’s Shibarium Layer-2 boosts speed and cuts costs. ShibaSwap, Shiboshis NFTs, and metaverse plans show progress. The "SHIB Army," with over 500,000 Reddit members, keeps it alive.
Token Burns
Burns aim to cut SHIB’s 589 trillion supply. Recently, 1.1 billion tokens were burned in a day, with a 57,069% burn rate spike reported on March 27, 2025, per
@ShibainuCoin
on X.
Challenges
Reaching $1 is improbable—requiring a $589 trillion market cap. Utility lags behind Bitcoin or Ethereum, and new meme coins compete. Regulatory risks loom.
Verdict
SHIB’s not dead. It’s active, evolving, and community-driven, but volatile. Its future depends on adoption and market trends. What’s your view—fad or fighter?
