Shiba Inu Market Cap Plunges $1.97 Billion: 89% of Holders at a Loss?
Shiba Inu (SHIB), the meme-based cryptocurrency, is facing significant market headwinds, leaving a large number of investors underwater. Recent data indicates a substantial decline in Shiba Inu's market capitalization, raising concerns among holders.
Shiba Inu's Market Cap Decline: A Deep Dive
According to data on CoinMarketCap, Shiba Inu’s (SHIB) market cap has fallen from $6.22 billion on August 14th to $4.25 billion on September 13th, 2025. This translates to a dramatic loss of approximately $1.97 billion in just one month. The live Shiba Inu price today is $0. USD with a 24-hour trading volume of $317,044,763 USD, showing a significant level of trading activity despite the price decline. Shiba Inu is down 8.20% in the last 24 hours.
Massive Losses for Shiba Inu Investors
Many Shiba Inu investors have suffered severe losses over the past month as SHIB’s market value and price have fallen sharply. Data from IntoTheBlock suggests a large percentage, potentially as high as 89%, of SHIB holders are currently holding at a loss. This paints a concerning picture for the short-term prospects of SHIB recovery.
Why is Shiba Inu's Market Cap Plummeting?
Several factors could be contributing to this downturn. In 30 days, Shiba Inu shed over $1 billion from its market capitalization. As of May 2025, the meme coin had a market cap of $5.12 billion, which now sits a far distance. Overall market sentiment toward meme coins, broader cryptocurrency market corrections, and project-specific developments all play a role. Investors are advised to conduct thorough research and understand the risks associated with investing in cryptocurrencies, especially meme coins like Shiba Inu.
Looking Ahead for SHIB
The future of Shiba Inu remains uncertain. While the community remains active and continues to push for innovation within the SHIB ecosystem, the substantial market cap loss and the large percentage of holders at a loss raise serious questions about its long-term viability. Monitoring market trends, project updates, and overall cryptocurrency sentiment is crucial for anyone holding or considering investing in Shiba Inu.