The decline comes even as Bitcoin has surged over 25% in 2025, highlighting a sharp divergence between speculative meme tokens and the broader market’s top performer.
The drop is happening despite progress on Shibarium, Shiba Inu’s layer-2 (L2) network, which earlier this year crossed the one-billion-transaction mark. While the milestone reflects strong usage, it hasn’t translated into price strength as investors increasingly favor stablecoins and utility-driven projects over meme coins.
Shiba Inu isn’t alone in its struggles—Dogecoin has posted similar losses this year—suggesting the entire meme coin sector is facing sustained pressure. Meanwhile, SHIB’s market value has fallen to about $7.6 billion, pushing it down the rankings to 18th place. Technical charts show weak support near current levels, with heavy selling overwhelming every attempt at a bounce.
For traders, the decision now hinges on risk appetite. SHIB’s appeal has always been community-driven, and any recovery likely depends on sentiment turning in its favor. Until then, it remains a high-volatility bet in a market that’s rewarding fundamentals over hype.
The post Shiba Inu Struggles as Meme Coins Fall Out of Favor appeared first on Coindoo.
