SHIB Struggles Amid Market Downturn: Over 85% of Holders in the Red
Shiba Inu (SHIB) has faced significant market turbulence, with its value dropping 7.48% in the last 24 hours and 13.48% over the past week. The meme coin is currently trading at $0.00001256, marking a 28.5% decline from its peak of $0.00001757 on May 12. According to IntoTheBlock data, over 85% of SHIB holders are now experiencing unrealized losses, with 1.23 million addresses in the red. This represents a notable increase from the previous 81.25% loss rate, highlighting the growing pressure on SHIB investors amid the broader cryptocurrency market downturn.
Shiba Inu Faces Market Turbulence as Losses Mount Amid Broader Crypto Downturn
Shiba Inu’s value has plummeted 7.48% in 24 hours, compounding a 13.48% weekly decline as the broader cryptocurrency market struggles. The meme coin now trades at $0.00001256—a 28.5% drop from its May 12 peak of $0.00001757.
Over 85% of SHIB holders now sit on unrealized losses, with 1.23 million addresses in the red according to IntoTheBlock data. This marks a significant deterioration from the 81.25% loss ratio reported just days prior.
Despite the bearish momentum, some investors maintain ambitious price targets ranging from $0.00055 to $0.025. A $2,500 position today could yield exponential returns should these projections materialize—though current market conditions suggest continued volatility ahead.
Shiba Inu Community Accelerates Token Burns with Over 1 Billion SHIB Removed from Circulation
The shiba inu ecosystem reached a pivotal moment on May 31, 2025, as community-driven burns eliminated 1,172,072,308 SHIB tokens from supply—a 5.62% weekly increase. This systematic reduction strategy, while requiring decades of sustained effort to materially impact the 589 trillion token supply, demonstrates growing holder commitment to scarcity mechanics.
Key burn transactions included a 20.58 million SHIB incineration on May 31 at 06:01 UTC, following earlier destructions of 13.09 million and 14.37 million tokens on May 28 and 27 respectively. The ShibTorch tracking system highlights these events as part of a coordinated effort to reinforce SHIB’s value proposition through controlled deflation.
"Community participation remains the engine of our burn initiative," stated SHIB developers, emphasizing the psychological and economic importance of transparent burn reporting. Market observers note such events often precede short-term price volatility, though long-term supply impacts remain contingent on maintaining current burn rates for multiple market cycles.
$10,000 Shiba Inu Investment Could Yield $500K or $1M in Future Rally
Shiba Inu (SHIB), the meme coin that turned early investors into millionaires during the 2020-2021 bull market, is again capturing attention. A $10,000 investment today could potentially grow to $500,000 or even $1 million if SHIB replicates its historic performance.
The crypto market has a knack for delivering outsized returns, as evidenced by SHIB’s past rally. One notable example: a truck driver retired early after his $650 SHIB investment ballooned to $1.7 million during the last cycle.
For current $10,000 investments to reach half a million or seven figures, SHIB WOULD need to appreciate by 4,900% or 9,900% respectively. While ambitious, such gains aren’t unprecedented in crypto’s volatile landscape.
Shiba Inu Price Prediction: The Next Crypto to Explode Might Surprise You
Shiba Inu, once a meme token, has evolved into a global crypto phenomenon. Its rise from obscurity to a top 20 cryptocurrency by market cap underscores the power of community and viral appeal. As of June 2, 2025, SHIB trades at $0.00001281 with a market capitalization of $7.55 billion, outpacing projects with more established use cases.
The token’s decentralized exchange and plans for a LAYER 2 network, Shibarium, have bolstered its credibility. Yet, the market’s gaze is shifting. New contenders like Dawgz AI, blending meme culture with AI-driven utility, are emerging as potential disruptors.
Retail interest remains strong, but the question lingers: Can Shiba Inu reclaim its explosive momentum, or will the next wave of innovation favor fresher projects?
