Shiba Inu (SHIB): Meme Coin Turning SeriousShiba Inu, launched in 2020, is an Ethereum-based meme coin. On June 11, 2025, SHIB trades at $0.00002776, with a $16.35 billion market cap, ranking 13th. Down 39.3% in 2025, it’s still the second-largest meme coin.SHIB’s ecosystem grows with ShibDAO, enabling community governance, and Shibarium, a Layer-2 blockchain with $4.5M TVL, up 14% monthly. A UAE partnership for infrastructure and a 5,762% token burn surge show momentum. Whale transactions hit 14.4T SHIB, but volume dipped 24% to $88.86M.SHIB tests $0.00001266 support, with resistance at $0.0000138. A bullish pattern could drive a 503% rally to $0.000081. With 1.5M holders and Shiba Name Service, SHIB blends meme appeal with DeFi potential, though volatility persists.
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