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Shiba Inu Slips To 35th Place: Can The Meme Coin Re-Enter The Top 15?

Shiba Inu Slips To 35th Place: Can The Meme Coin Re-Enter The Top 15?

Published:
2026-01-23 08:03:00
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Shiba Inu just got demoted in the crypto rankings—again. The dog-themed token now sits at 35th place by market cap, a far cry from its meme-fueled glory days. Forget the moon; this coin's fighting to stay in orbit.

The Anatomy of a Slide

What sends a top-tier meme asset tumbling down the charts? It's a classic cocktail of fading hype, brutal market cycles, and the relentless emergence of new, shinier distractions. The 'dog coin' narrative that once printed millionaires now battles against utility-focused blockchains and the latest AI-token craze. Retail sentiment, that fickle beast, has wandered elsewhere.

The Path Back to Relevance

Re-entering the top 15 isn't about hoping for another Elon Musk tweet. It demands tangible progress: real adoption within its Shibarium ecosystem, burning mechanisms that actually dent the monstrous supply, and partnerships that move beyond press releases. It needs to evolve from a pure speculative play into something with a discernible pulse of utility—no small feat for a project born as a joke.

A Cynical Reality Check

Let's be blunt: the crypto elite—Bitcoin, Ethereum, the serious layer-1s—aren't losing sleep. They're busy with institutional adoption and scaling solutions, while meme coins stage their gladiatorial battles for retail attention. It's the financial equivalent of reality TV: wildly entertaining to watch, but you wouldn't bet your retirement on it.

The final verdict? Shiba Inu's comeback story is possible, but it's a steep climb against gravity. The market has a short memory and an even shorter attention span. To reclaim a top 15 seat, Shiba must prove it's more than just a reaction GIF with a market cap.

Shiba Inu price chart

Source: CoinGecko

When Will Shiba Inu Reenter The Top 15 Projects By Market Cap?

Shiba Inu Team Explains Why Shibarium Will Survive

Source: WatcherGuru

According to CoinGecko’s statistics, WhiteBIT Coin (WBT) is currently the 15th largest crypto project, with a market cap of $11.72 billion. For shiba inu (SHIB) to become the 15th largest crypto project, it will have to hit a market cap of over $11.72 billion. For SHIB’s market cap to hit $11.72 billion, the price of each token has to hit $0.00002, a price level last traded at in January 2025, exactly one year ago.

Shiba Inu (SHIB) had a historic rally during the 2021 bull run. Although the asset faced a sharp dip after the 2022 crash, it more or less maintained a top 15 position. However, 2025 was particularly bad for Shiba Inu (SHIB), especially after October, which saw the most significant single-day liquidation in crypto history.

The latest market downtrend came after President TRUMP announced additional tariffs on countries supporting Greenland. Although Trump has since cancelled the tariffs, investors are still cautious about investing in risky assets, such as cryptocurrencies. Shiba Inu (SHIB), being a memecoin, carries even more risk than traditional crypto assets.

With market participants taking a risk-off approach, Shiba Inu (SHIB) is unlikely to see any positive price actions over the coming weeks. The only way for SHIB to re-enter the top 15 projects by market cap is for the entire crypto market to enter another bull run.

|Square

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