On-chain data shows Shiba Inu (SHIB) has its supply more concentrated on the largest holders than other assets like Ethereum (ETH) and Pepe (PEPE). Shiba Inu Has 62% Of Its Supply Controlled By Top 10 Whales In a new post on X, the on-chain analytics firm Santiment has shared how some top coins currently compare against each other in terms of the percentage of supply held by the ten largest wallets on the respective networks. Below is a chart showing the trend in this metric for eight cryptocurrencies: Shiba Inu, Ethereum, Pepe, USDT, USDC, DAI, Chainlink (LINK), and Uniswap (UNI). As is visible in the graph, the stablecoin USDC has the lowest amount of supply concentrated on the top 10 addresses among these assets at around 27%. Chainlink and DAI come close with the metric sitting at 32% and 33%, respectively. Others like Uniswap and Ethereum, however, have a more significant part of their supply under the control of these humongous entities: 51% and 49%, respectively. One asset that particularly stands out is Shiba Inu, with a massive 62% of its supply belonging to the ten largest whales on the network. For comparison, the other memecoin on the list, Pepe, has the same metric at 39%. Generally, the centralization of supply on just a few hands isn’t a constructive sign for any cryptocurrency’s stability, as tokens signify power on the network. It’s especially relevant in the case of a proof-of-stake (PoS) asset like Ethereum. As Santiment explains, As a retail trader, it’s generally safer to hold coins with less supply held by the most elite whales. There is less risk of sudden dumps or price manipulation should an asset’s largest whales decide to exit their positions. Given this, the assets like Ethereum, Uniswap, and Shiba Inu that currently have a majority of their supply or close to it in the hands of the top 10 whales may not be in the best position right now. In some other news, the cryptocurrency market sentiment is on the verge of extreme greed, according to the Fear & Greed Index. The Fear & Greed Index is an indicator created by Alternative that inputs a few different factors to determine the investor mentality as a score lying between zero and hundred. As displayed above, the cryptocurrency Fear & Greed has a value of 73 at the moment. This corresponds to the presence of a strong sentiment of greed present among the traders. Historically, markets have often moved in the direction that goes contrary to the expectations of the crowd. The probability of a contrary move is especially strong in the extreme ends of the index. For now, the market is still outside of the extreme greed zone, but only by a couple of units. SHIB Price At the time of writing, Shiba Inu is trading around $0.0000115, up over 3% in the last seven days.

Since burn rate is a key metric for Shiba Inu (SHIB), the second-largest meme coin continues to make airwaves with 1.31 billion tokens recently being removed from circulation. The Shiba Inu community, commonly called the SHIB Army, has been a major driving force behind heightened burn rates. For instance, various third-party platforms and community-run projects, such as burn portals, ShibaSwap, and Shibburn, have been rewarding or automating token burns. Furthermore, SHIB ecosystem developers, such as Shytoshi Kusama, have been actively supporting and promoting burns by posting major milestones on X, formerly Twitter. Given that burning tokens usually triggers scarcity due to slashed circulating supply, this is bullish if demand increases or remains the same. Shiba Inu recently made a major milestone after more than 410.74 trillion SHIB tokens were permanently burned, representing 41% of its total supply.   What’s in Store for SHIB? Paschal btc believes that Shiba Inu is flashing bullish signals with a move to $0.000025 being on the horizon. The crypto enthusiast added, “We’re seeing a descending wedge, RSI strength, and a double-bottom near $0.00001025. There’s real momentum building, but it’s still heavily driven by community hype.” A double-bottom pattern usually signals a potential trend reversal from a downtrend to an uptrend. In technical analysis, this chart formation suggests the end of selling pressure, which plays an instrumental role in igniting upward momentum.  Therefore, time will tell how Shiba Inu plays out in the short term as the 19th-largest cryptocurrency based on market capitalization hovers around the $0.00001138 zone.

• Shiba Inu’s metaverse upgrade cut crashes and stutters, now runs smoother even on weaker setups.
• SHIB token jumped over 5% as traders reacted to better tech and rising project momentum.

The Shiba Inu team has rolled out a significant upgrade for SHIB: The Metaverse, targeting faster access, lower memory usage, and improved stability. The upgrade has been implemented across three of the project’s hubs—Tech Trench, Bark Park, and Shib Station—addressing long-standing issues with crashes, stutter, and extended loading times. On social platform X, the official Shiba Inu account confirmed that the improvements focus on removing performance bottlenecks while retaining the same visual quality. The team emphasized it was no longer “dreaming but deploying,” reinforcing its commitment to practical delivery over promises. In the optimization process, over 200 texture assets were resized from 512×512 to 2048×2048. The team also combined duplicate texture maps and simplified shader materials to reduce GPU load. These changes reduced GPU memory usage by 15–25%, supporting smoother gameplay even on mid-range and low-end systems. The metaverse is evolving — faster loads, cleaner visuals, and no stutter in sight. SHIB’s not dreaming. We’re deploying. >Lag? Gone.
>Crashes? Fixed.
>Your GPU? Finally at peace. Dive in https://t.co/QoaOVUbQV6 https://t.co/VwvTbuY6Kb — Shib (@Shibtoken) July 2, 2025 Metaverse Upgrade Improves User Access, Sets Groundwork for In-Game Economy The revised structure includes smarter mip-streaming to ensure high-resolution textures are only loaded when needed. This has allowed faster traversal within the hubs and better memory handling.  No more crashes mid-walkthrough. No more stuttering at spawn points. Just smooth, optimized metaverse exploration, read an official update from the project team. The upgrade also sets the stage for more upcoming features. Developers are building a mobile version of the metaverse and are preparing a fishing game, which will be part of the platform’s in-game economy. Although no release date has been shared, it signals more expansion within SHIB: The Metaverse. Since its early access launch in December 2024, the metaverse has been available to users via Windows and compatible web browsers such as Chrome. The latest upgrade supports easier entry and more stable gameplay, especially in frequently accessed areas like Bark Park and Tech Trench. SHIB Token Climbs as Market Sentiment Turns Positive In parallel with the technical upgrade, SHIB’s market performance showed a strong push. The token rose by 5.57% over the past 24 hours, hitting $0.00001199. Trading volume also saw a sharp jump of 96.23%, reaching 180.29 million. These numbers reflect renewed interest as infrastructure strengthens. A crypto analyst posted on X that the token has broken a downtrend that held since May 13. According to the analyst, the asset is now in a position to climb as broader market conditions improve. He stated, $SHIB has broken the downtrend it couldn’t break since May 13 and is now ready to rise. The upgrade is the first of several expected releases, according to the Shiba Inu ecosystem team. Developers have indicated that more changes are coming, though no exact dates have been given. For now, the experience offers better visuals and more consistent gameplay, while token holders watch for potential price movement.