Shiba Inu’s Trading Volume Is Crashing—Here’s Why the Memecoin Momentum Fizzled

Shiba Inu’s once-booming trading volume is drying up—and the crypto crowd is scrambling for answers. What’s killing the hype?

Market fatigue or just another memecoin cycle?

The dog-themed token roared to life during the last bull run, but now? Silence. No major exchange listings, no viral burns, just sideways action while ‘serious’ projects steal the spotlight. Retail traders got bored, whales moved on, and let’s be real—even degens have attention spans.

Here’s the kicker: Without fresh speculation, SHIB’s volume bled out faster than a Terra stablecoin. And with Bitcoin ETFs hogging all the institutional oxygen, who’s left to pump the shiba?

Maybe it’s not dead. Maybe it’s just… waiting. (Or maybe it’s another reminder that in crypto, ‘fundamentals’ are just what bagholders yell about on Reddit.)

Why is Shiba Inu’s Daily Trading Volume Declining?

Shiba Inu’s daily trading volume is declining as the token is underperforming amid the bearish market shift. SHIB has a history of extending its bearish period for months and years, leaving investors high and dry. The bearish phase has intensified this year with fewer buyers and more sellers. On the other hand, there are no buyers, and the funds have been put into other digital assets.

The daily trading volume for Shiba Inu could continue declining if new buyers don’t enter its fold. Every cryptocurrency depends on new buyers to propel its price in the indices and reach a new high. Without their support, SHIB’s prospects remain in jeopardy, and the losses could pile up.

The dog-themed token experienced an influx of buyers in 2021 and 2022 after it kick-started a major rally. Those investors are now in losses and are struggling to break even. Investors are not even buying the dips on Shiba Inu, making its daily trading volume fall.