SHIB's Struggles Mount While Sentiment Drains
Shiba Inu (SHIB), once the darling of the meme coin crowd, is flashing warning signs again. Over the past 72 hours, SHIB has slipped further into the red, prompting analysts to reevaluate its short-term outlook. Trading around $0.000016 at press time, SHIB has dropped more than 10% from its monthly high, reflecting a growing disconnect between community enthusiasm and technical performance. Whale activity has cooled, trading volume has thinned, and on-chain metrics are flashing bearish divergences.
The issue isn’t just market turbulence—SHIB’s internal friction is also in play. While Shibarium was meant to reinvigorate the project’s Layer-2 presence, the rollout has been sluggish. According to insights shared by on-chain analyst Miles Deutscher, SHIB’s DeFi utility is facing stiff competition from faster-evolving meme tokens and Layer-2s like Base and Blast. Despite the early hype surrounding SHIB's decentralized exchange ShibaSwap and its Layer-2 roadmap, adoption has stalled, and user retention remains low.
To make matters worse, SHIB’s holder base remains heavily in the red. Recent IntoTheBlock data reveals that more than 65% of SHIB holders are at a net loss, casting a long shadow over retail sentiment. Even the burn campaigns—which were supposed to inject bullish pressure—have barely made a dent in the token's mammoth supply. As new meme coin projects emerge with more active communities and advanced tokenomics, SHIB appears stuck in a cycle of reactive development.
Exchanges & Influencers Pivot Toward Newer Players
Centralized exchanges like KuCoin and Gate.io have recently listed emerging meme tokens in response to heightened user demand. SHIB, once the prime mover of meme coin speculation, is now often passed over in influencer-driven trend cycles. On Twitter and YouTube, content creators such as @CryptoWizardTV are now diverting attention toward projects with thematic depth and presale traction.
Even decentralized exchanges (DEXs) like Uniswap are seeing reduced SHIB volume relative to up-and-comers. That reality has not gone unnoticed. Traders looking to buy crypto are migrating toward more dynamic alternatives—particularly those with community-governed mechanics and innovative liquidity systems. Which brings us to a new name gaining traction across the ecosystem.
Popular 5 Meme Coins of 2025
Neo Pepe Coin ($NEOP) – A powerful meme coin redefining governance, liquidity, and presale mechanics with a dynamic DAO and a 16-stage structure.
Pepe (PEPE) – The original frog-themed meme coin continues to hold relevance due to its deep market roots and strong liquidity.
Shiba Inu (SHIB) – Despite recent struggles, SHIB remains a popular meme coin in terms of market cap and exchange availability.
SPX6900 (SPX) – A Solana-based meme coin with a cult following and aggressive price action throughout 2025.
Fartcoin (FARTCOIN) – Humor-driven yet surprisingly resilient, FARTCOIN has captured retail attention with its volatility and viral presence.