$SHIB

Viral Passive Income Platform Sells 280 Million Tokens in Just 13 Days, While SHIB Price Stalls at 2023 Levels

In a striking show of investor appetite for passive income opportunities in the crypto space, a newly launched platform has sold over 280 million tokens in less than two weeks. The rapid success underscores a growing trend among crypto users looking for yield-generating assets, even as more established meme coins like Shiba Inu (SHIB) remain stagnant.

A New Player Gains Ground

The unnamed passive income platform, which promotes consistent token-based revenue streams for holders, has gained significant traction across social media. Its viral marketing campaign, coupled with clear utility and a promise of automated income generation, helped it achieve this major milestone in just 13 days. Crypto influencers on platforms like X (formerly Twitter), TikTok, and Telegram have contributed to its meteoric rise, drawing attention from both retail and institutional investors.

The project’s tokenomics are designed to reward long-term holding, with a portion of transaction fees redistributed to stakers. Early adopters are also reportedly receiving enhanced staking rewards and governance privileges, further driving demand.

While exact figures on total funds raised remain undisclosed, industry analysts estimate the project may have brought in over $4 million in its initial offering, assuming an average token price of $0.015.

SHIB Price Remains Flat Despite Broader Meme Coin Momentum

In stark contrast to the excitement surrounding the new passive income platform, Shiba Inu (SHIB) has remained largely dormant in recent weeks. As of the end of May 2025, SHIB is trading around $0.0000091—roughly the same level it held throughout much of 2023.

Despite periodic spikes in trading volume and efforts by the SHIB development team to expand its ecosystem through Shibarium (its layer-2 blockchain), the token has struggled to regain the momentum it enjoyed during the 2021 bull run.