Shiba Inu (SHIB) has seen a gradual price dip over the last year. According to CoinGecko’s SHIB data, the asset has fallen from $0.00003284 in December 2024 to $0.000007932 in January 2026. SHIB’s price dip has also led to a substantial decline in its market cap. SHIB’s ranking has slipped to the 35th position, with a valuation of $4.6 billion. The popular cryptocurrency project was once among the top 15 projects by market cap. Let’s discuss how Shiba Inu (SHIB) can reclaim its position among the top 15 crypto projects by market cap.
When Will Shiba Inu Reenter The Top 15 Projects By Market Cap?
According to CoinGecko’s statistics, WhiteBIT Coin (WBT) is currently the 15th largest crypto project, with a market cap of $11.72 billion. For Shiba Inu (SHIB) to become the 15th largest crypto project, it will have to hit a market cap of over $11.72 billion. For SHIB’s market cap to hit $11.72 billion, the price of each token has to hit $0.00002, a price level last traded at in January 2025, exactly one year ago.
Shiba Inu (SHIB) had a historic rally during the 2021 bull run. Although the asset faced a sharp dip after the 2022 crash, it more or less maintained a top 15 position. However, 2025 was particularly bad for Shiba Inu (SHIB), especially after October, which saw the most significant single-day liquidation in crypto history.
The latest market downtrend came after President Trump announced additional tariffs on countries supporting Greenland. Although Trump has since cancelled the tariffs, investors are still cautious about investing in risky assets, such as cryptocurrencies. Shiba Inu (SHIB), being a memecoin, carries even more risk than traditional crypto assets.
Also Read: Shiba Inu Coin Profit Calculator: How Much 1M SHIB Is Worth by 2030
With market participants taking a risk-off approach, Shiba Inu (SHIB) is unlikely to see any positive price actions over the coming weeks. The only way for SHIB to re-enter the top 15 projects by market cap is for the entire crypto market to enter another bull run.