Why Is Shiba Inu Struggling in 2025?
Shiba Inu (SHIB) was among the best-performing cryptocurrencies of the 2021 bull run. SHIB’s meteoric rise solidified its name as a “millionaire-maker.” Since its 2021 peak, SHIB has lost considerable steam. The asset climbed to the $0.00003 mark in December 2024, but has since been on a gradual downtrend. Let’s discuss why Shiba Inu is struggling in 2025. Why Is Shiba Inu Not Gaining Steam In 2025? Source: Watcher.Guru Shiba Inu (SHIB) and other memecoins are subject to heavy speculation. Online buzz and investor sentiment play major roles in dictating their price patterns. SHIB has lost the hype it had in 2021. The fading hype around the project is likely the primary reason for SHIB’s lackluster performance. Shiba Inu (SHIB) also does not have a lot of utility. The project launched the layer-2 network, Shibarium, in 2023 to bring more use cases for the SHIB ecosystem. Despite a successful launch, not a lot of development is taking place on the Shibarium n...