Why Shiba Inu Took a Nap Today, Sinking More than 5%
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Let's dive into why Shiba Inu is lapping the crypto market today in terms of its downside move.It's been another down day in the cryptocurrency market, with the entire universe of digital assets sinking around 0.8% over the past 24 hours. However, as of 4:45 p.m. ET, Shiba Inu (SHIB 6.51%) is one of today's biggest decliners, sinking 5.7% since the same time yesterday. ExpandCRYPTO: SHIBShiba InuToday's Change(-6.51%) $-0.00Current Price$0.00Key Data PointsMarket Cap$4.1BDay's Range$0.00 - $0.0052wk Range$0.00 - $0.00Volume196M This move comes amid strong headwinds for speculative assets as a whole, and Shiba Inu could be considered among the most speculative assets in an already risky sector. Thus, these types of intraday moves aren't uncommon, and investors in meme tokens such as this should be prepared for such volatility. Of course, it's nice when risk-on sentiment drives highly volatile moves to the upside. However, lately, the mood has shifted, and bears appear to be in near complete control of the narrative in this sector. As it happens, there are also some token-specific factors contributing to Shiba Inu's lower price today. Let's take a closer look at what investors in this community are watching closely. Token supply continues to provide headaches for investors Source: Getty Images. With a circulating supply of 589.4 trillion tokens, Shiba Inu's immense token issuances in the past have led to downward inflationary pressures on its price. As more tokens have been issued, the network's overall market capitalization has been essentially divided into smaller slices, leaving existing investors with a smaller stake in this vibrant community. Advertisement Now, the Shiba Inu team has proposed several mechanisms to reduce the existing token count in the market, with token burns being the key mechanism that investors view as a potential catalyst for token price appreciation. The thing is, several notable experts have pointed out that (as of this morning), Shiba Inu's token burn count over the past day was precisely zero. With more than 400 trillion tokens burned and permanently removed from circulation thus far, hopes that the burn ramp would continue appear to be dashed, at least in the near term. In combination with increasing liquidation activity and ongoing bearish market sentiment, Shiba Inu's near-term outlook appears to have deteriorated.Read NextDec 18, 2025 •By Adé HennisThe 2 Best Cryptocurrencies to Buy With $100 Right NowDec 18, 2025 •By Anders Bylund1 Red Flag for XRP That Investors Shouldn't IgnoreDec 18, 2025 •By Adam SpataccoXRP vs. Dogecoin: Which Is the Better Cryptocurrency Heading Into 2026?Dec 18, 2025 •By Alex CarchidiPrediction: Zcash Will Prove to Be the Best Privacy Coin to Buy With $2,500 by 2027Dec 18, 2025 •By Trevor JennewineBitcoin Is Doing Something Last Seen in 2014.
Wall Street Analysts Say This Will Happen in 2026.Dec 18, 2025 •By Anders BylundShould You Forget Bitcoin and Buy MARA Holdings Instead?About the AuthorChris MacDonald is a contributing Motley Fool cryptocurrency analyst covering digital assets and blockchain companies. Chris has more than 10 years of professional experience in venture capital and corporate finance. He holds an MBA in finance from the University of British Columbia’s Sauder School of Business.TMFChrisMacDStocks MentionedShiba InuCRYPTO: SHIB$0.00 (0.07%) $0.00*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.Advertisement