Shiba Inu Breaks $0.00002 Barrier—Memecoin Rally Defies Skeptics (Again)

Dogecoin’s fiercest rival claws its way back as retail traders pile into the meme-fueled rally. SHIB’s 30% weekly surge leaves analysts scrambling to justify the move—while whales quietly cash out.

Behind the pump: A suspiciously timed ’major milestone’ announcement from developers. (Pro tip: When a project brags about burning tokens worth 0.0001% of supply, grab your exit ladder.)

The real winner? Exchanges collecting fees from this circus. As always.

Shiba Inu Holder Base Crosses 1.5 Million Wallets

Shiba Inu marketing Lead, Lucie, took to the X (formerly Twitter) platform to celebrate a new milestone for the shiba inu community. She showed that the total Shiba Inu holder base has now crossed 1.5 million total holders, marking a new milestone for the meme coin.

According to data from Etherscan, the total number of wallets holding Shiba Inu on their balances was 1,507,445 at the time of writing, already up more than 300 wallets after Lucie’s post. Additionally, total transactions that have been carried out on the contract had surpassed the 15 million mark, sitting at almost 15.5 million.

What’s Driving Participation From The SHIB Community?

A major development for the Shiba Inu community is the upcoming launch of Bury 2.0. This is a staking mechanism from the SHIB team that allows community members and investors to stake the four tokens native to the Shiba Inu platform. Lucie outlined the advantages of Bury 2.0 in another X post, explaining why it is different from other staking mechanisms.

The first major reason given for why Bury 2.0 is superior is the fact that it allows stakers to have real voting power in the ecosystem. When users stake SHIB, TREAT, BONE, or LEASH, they get veTokens, eg veSHIB, veTREAT, veBONE, and veLEASH. These veTokens then allow takers to vote on things such as funding, decisions, etc. Additionally, the longer a user has their tokens staked, the more power their vote commands.

Another advantage of the Bury 2.0 platform for the Shiba Inu community is allow them to access decentralized finance (DeFi) features such as yield farming, liquidity pools, and more. In this case, the staked tokens are actually being put to work instead of sitting ideal.

The third reason given is that the rewards to stakers in Bury 2.0 continues to evolve. This means that the rewards for staking are not just fixed. So the longer that tokens are staked, chances of rewards such as airdrops, giveaways, and loyalty bonuses are increased.

Lastly, staking in Bury 2.0 allows for localized control for the stakers. Lucie explains that each state can launch its own custom veTokens. As such, they can help with decisions and receive rewards for their own state, while being able to create their own rules and priorities.

“Bury 2.0 turns passive holders into active Shibizens,” Lucie explained. “It encourages long-term commitment, real participation, and builds a community that’s stronger, smarter, and more involved.”