Peter Smith
⬤ Shiba Inu is back in familiar territory, trading near a $5 billion market cap that's served as a key accumulation zone for years. The contrast is stark—SHIB once hit roughly $250 billion at its all-time high on Binance, according to analyst Don. Charts show the token has returned to a support level that's repeatedly acted as a foundation during previous market cycles.
⬤ SHIB's market cap chart tells a story of boom-and-bust cycles, with massive rallies followed by steep pullbacks. The accumulation zone has historically been where long-term holders jump back in after major corrections. After the explosive 2021-2022 run and crash, SHIB spent 2023 and 2024 consolidating in this range. Now in late 2025, it's following the same pattern, gravitating back to this valuation level whenever momentum slows down.
⬤ There's also a marked zone near $10.5 billion on the chart, though it's shown more as a reference point within the structure than a guaranteed target. The gap between SHIB's $250 billion peak and today's $5 billion valuation highlights the token's dramatic fall—but also raises questions about what happens when a well-tested accumulation zone gets revisited. The comparison serves as a reminder of how wild meme coin rallies can get and what that might mean for future meme asset cycles.
⬤ Why this matters: when an asset returns to a multi-year accumulation zone, it tends to shift market sentiment. These zones often bring lower volatility, position resets, and the early stages of new trend formations. SHIB has historically bounced from this valuation area, so its return could influence near-term expectations not just for SHIB, but for the broader meme coin sector.
Peter Smith
