Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
According to a new market share from IncomeSharksa popular trader with almost 700,000 followers on X, popular meme coin Shiba Inu (SHIB). two-year trading model is like a “visual explanation of how crypto works now”.
An example cited the moment when SHIB rose in February 2024, then fell for six months. A three-month rally at the end of 2024 briefly lifted the token above 0.000035 USDT, but an extended correction wiped out almost all previous gains.
You may also like it
At the end of October 2025, the asset traded at 97.9%, below its local high from the previous year. IncomeSharks summed up the move as “two years of a bear market with one month and a relief rally.”
This idea is getting a lot of attention because similar cycles are visible in major altcoins this year, such as Dogecoin and Cardano, which are still more than 60% from their Q1 highs.
Crypto stagnation
Market data confirms the stagnation: Bitcoin is still at around $109,700, Ethereum is at $3,849 and Solana is at around $186, with each seeing less than a 1% change in the last 24 hours. Shiba Inu is worth about $5.84 billion, which puts it in 23rd place in the global ranking. It’s right behind Zcash (ZEC) and just ahead of Stellar (XLM).
On the bright side, although it has been struggling, SHIB is still one of the first players in Binance when it comes to sales activity and has a strong presence among the first ERC-20 for the number of wallets.
In the last 24 hours, the trading volume reached $126 million, with most of this happening in SHIB/USDT pairs Binance and OKX.
