As reported by Cryptonewsland, Shiba Inu (SHIB) lost nearly 70% of its value in 2025 as meme coin hype declined and investor interest waned. The token underperformed compared to major cryptocurrencies like Bitcoin and Ethereum. Factors contributing to the drop include the fading popularity of meme coins, struggles with the Shibarium network, a September hack, low trading volume, and minimal ETF interest. The total market cap of meme coins fell to $39 billion from over $100 billion earlier in the year. Shibarium saw only 18 active developers and a 18% drop in total value locked in 30 days. A September exploit led to losses of $2.3 million to $4.1 million.
Shiba Inu Price Plummets 70% in 2025 Amid Meme Coin Hype Decline
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Shiba Inu (SHIB) dropped nearly 70% in 2025 as meme coin hype faded and altcoins to watch outperformed. The token lagged behind Bitcoin and Ethereum amid declining interest. Meme coins lost favor, with market cap falling to $39 billion from over $100 billion. Shibarium struggles, a September hack, and low volume hurt SHIB. Fear and greed index readings showed growing pessimism. The network lost 18% of TVL in 30 days, with only 18 active developers. The exploit in September drained $2.3 million to $4.1 million.
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