What is the difference between SHIB and its competitors in market share and user base?

SHIB's market share compared to Binance and Coinbase

When examining SHIB's market position relative to major exchanges in 2025, significant disparities become evident in trading volumes and market activity. SHIB maintains a 0.19% dominance in the overall crypto market with a $7.25 billion market capitalization, highlighting its established but specialized position.

Trading volume data reveals interesting patterns across different platforms:

On August 6, 2025, SHIB's 24-hour trading volume reached $210.69 million on one leading exchange, while another platform recorded considerably lower activity at just $11.818K. This dramatic difference demonstrates how platform choice significantly impacts SHIB's liquidity and accessibility.

The dominant exchange's 41.1% control of global spot trading volume provides SHIB traders with greater liquidity opportunities compared to secondary platforms. This market concentration affects how efficiently SHIB can be traded and influences price discovery mechanisms across the ecosystem.

For SHIB investors, these differences translate to practical considerations regarding trade execution, fee structures, and potential slippage when making significant transactions. The data suggests that platform selection remains a critical factor for SHIB traders seeking optimal market conditions and trading efficiency.

User base differences between SHIB and major competitors

SHIB's user base presents distinct characteristics when compared with its primary competitors in the meme coin market. While SHIB currently maintains approximately 1.54 million holders, this figure lags behind several major competitors as shown by recent data:

The centralization of SHIB's supply presents a significant concern, with 62% held by just ten wallets in 2025. This concentration affects market dynamics as these whale movements often dictate price action before retail investors can respond. Daily user engagement metrics also show SHIB experiencing modest growth compared to competitors like FLOKI, which has demonstrated superior ecosystem development and utility implementation. The geographic distribution of SHIB users remains decentralized, though competitors like DOGE maintain stronger regional footholds in key markets. SHIB's declining investor interest through 2025 contrasts sharply with FLOKI's market cap growth, which has now surpassed SHIB according to recent financial data.

Trading volume comparison of SHIB and other cryptocurrencies

When comparing the 24-hour trading volume of Shiba Inu with other major cryptocurrencies in 2025, significant disparities become apparent. The data reveals the relative market activity and investor interest across these digital assets.

While SHIB's market capitalization reaches an impressive $60.1 billion, its daily trading volume remains substantially lower than the market leaders. This discrepancy indicates that despite SHIB's significant overall valuation, the frequency of daily trades is considerably less intense compared to Bitcoin and Ethereum.

The trading volume gap demonstrates the established cryptocurrencies' stronger position in terms of liquidity and trading activity. Bitcoin continues to dominate with volumes exceeding $25 billion daily, showcasing its role as the primary cryptocurrency for institutional and retail traders alike. Ethereum maintains its strong second position with nearly $7 billion in daily trades, reinforcing its status as the leading smart contract platform. Meanwhile, SHIB's more modest trading volume suggests it occupies a different segment of the market, potentially attracting longer-term holders rather than active daily traders.

FAQ

Is SHIB coin worth anything?

Yes, SHIB coin has value. As of 2025, it's shown resilience and growth, becoming a significant player in the crypto market with increasing adoption and utility.

Will SHIB ever hit $1?

It's highly unlikely SHIB will reach $1 due to its vast supply. The market cap would need to exceed $589 trillion, far surpassing Bitcoin and Ethereum combined. Realistic predictions suggest a much lower price point.

Can Shiba Inu reach $1 cent in 2025?

No, it's highly unlikely. Despite token burning efforts, SHIB's price remains far below $0.01. Reaching this level would require an unrealistic market cap, exceeding global economic output.

Does SHIB coin have a future?

SHIB's future is uncertain. Its value has dropped 89% since 2021, and it's no longer a top cryptocurrency. However, its Shibarium blockchain may offer some utility.