In a bold move that underscores its evolving identity, the Shiba Inu team has publicly stated that the project has just one mission: domination.
The announcement came as a response to a post by community figure Etherscan_Shib, who praised the ecosystem’s resilience. Referencing on-chain data, they highlighted the increasing number of holders for SHIB, BONE, and LEASH – now totaling over 1.5 million for SHIB alone. These numbers, according to the Shiba Inu team, are just the foundation for a much larger ambition.
The team made it clear that the goal is to drive daily trading volumes into the billions and expand the ShibArmy to tens of millions. They’re not just aiming for growth in numbers – they’re gunning for a position beside Bitcoin and Ethereum as one of crypto’s dominant forces.
This may sound ambitious, but SHIB’s history backs up some of the confidence. Launched as a meme coin, SHIB once hit a $40 billion market cap and entered the top 10 cryptocurrencies by valuation. At the time of writing, it holds the 16th spot on CoinMarketCap, but the team insists that it’s not staying there.
#ShibaInu Says It Has Only One Mission: Here’s What It Is. #SHIB 🧵🧵🧵 pic.twitter.com/QWwI8y5NCM
— TheCryptoBasic (@thecryptobasic) May 29, 2025
What you'll learn 👉
From Meme Coin to Utility Powerhouse
Much of the recent momentum has come from Shiba Inu’s ongoing evolution. Under the leadership of Shytoshi Kusama, the project has shifted toward becoming a utility-based ecosystem.
Shiba Inu has introduced:
- A decentralized exchange (ShibaSwap)
- A play-to-earn gaming ecosystem
- Shibarium – its Layer 2 scaling solution
These efforts are part of a broader plan to shed the “meme coin” label. Kusama has previously revealed that by 2029, SHIB aims to be one of the top five cryptos – a vision that aligns with the current push for utility and volume.
Challenges Remain, But So Does the Community
Despite the hype, trading volume across the Shiba Inu ecosystem has dipped. Current combined volume for SHIB, BONE, LEASH, and TREAT is just around $250 million – well below its previous highs.
Still, the ShibArmy remains one of the strongest in crypto. With over 3.9 million followers on X and continued ecosystem development, Shiba Inu’s mission for dominance may be a long game – but it’s far from over.
Read also: $2,000 In PEPE or Shiba Inu? AI Has a Clear Winner
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