The Shiba Inu (SHIB) community remains strong during this period of market volatility, with the SHIB team recently reaffirming their position in the crypto space.
The conversation began when a tweet from the user @DreadPiratesRob humorously asked, “Y’all still exist?” in reaction to the lack of momentum from the team in recent times. The Shiba Inu team responded promptly, addressing the query with a resounding affirmation of their market strength.
Notably, it highlighted impressive figures that demonstrate SHIB’s relevance, stating that the token has over 1.5 million on-chain holders and a 24-hour trading volume of $214.5 million. This clear message served as a reminder that Shiba Inu is still here and going strong.
SHIB Next to Hit ATH After Bitcoin?
Adding to the momentum, Shiba Inu’s official X handle recently teased that SHIB could be the next token to reach a new all-time high, following Bitcoin’s recent surge to $126,198. This marks a large move for the broader crypto market, with SHIB positioning itself as a potential contender in the next wave of record-breaking price movements.
For Shiba Inu to reach this milestone, the token would need to surge by approximately 600% from its current price of $0.00001264, hitting a new level around $0.00008850.
Bitcoin all-time highs.$SHIB next? 👀 https://t.co/eXH7Mzg8fd
— Shib (@Shibtoken) October 6, 2025
Price Performance and Market Trends
At the time of writing, Shiba Inu has experienced major price fluctuations over the last month. As of the latest data, it is priced at $0.00001264, reflecting a 2.32% increase over the past 30 days. The price initially surged in early September, peaking at $0.00001237, before dropping to $0.0000118 by the end of the month.
Despite this decline, SHIB has begun to recover, currently trending higher than its low point in late September. This recovery aligns with broader market trends, indicating that Shiba Inu remains resilient in the current market climate.
Currently, Shiba Inu’s market capitalization stands at $7.44 billion, backed by a 24-hour trading volume of $220.08 million. However, the trading volume has decreased by 22.94% in the past day, suggesting a modest decline in market activity. While this drop in volume is notable, it reflects a broader trend of lower trading activity across the cryptocurrency market.