Shiba Inu (SHIB)
Meme coin with quadrillions of tokens and negligible DeFi. Shibarium L2 launched but sees minimal usage. Pure sentiment and retail speculation.
Ranked 235th of 251 rated tokens. Scoring pass 11 Jun 2026.
What the numbers say
SHIB scores 71 of 250 across the 25-variable framework, which places it 235th of 251 rated tokens and inside the bottom 10% of the set. The framework verdict is PASS.
The score rests on Social Mindshare 7/10, 11th of 251, Exchange Depth 7/10, 12th of 251 and Vesting Schedule 6/10, 59th of 251.
Against the same universe, SHIB sits in the bottom third on Competitive Moat 1/10, 242nd of 251, Treasury Runway 2/10, 240th of 251, Institutional Adoption 1/10, 238th of 251 and P/S Multiple 1/10, 234th of 251. These are the variables that would have to move for the verdict to change.
100% of eventual supply is already circulating, so vesting is not a live risk for SHIB. Price has to be justified by demand rather than absorbed against a cliff.
SHIB trades 94.5% below its all-time high of $0.000086. Recovering that level is a 18.2x move, not a 94.5% one, which is the arithmetic most drawdown charts hide.
$28.0M sits in the protocol. Each dollar of value locked carries 99.18 dollars of token market cap.
25-variable breakdown
Each variable is scored 1 to 10 and ranked against every other rated token, so a 7 that ranks 20th means something different from a 7 that ranks 180th. The rank is the part that is hard to get anywhere else.
Cash flow
| Protocol Revenue | 1 | 221st of 251 | |
| Revenue Trend | 1 | 231st of 251 | |
| P/S Multiple | 1 | 234th of 251 | |
| Real Staking Yield | 1 | 226th of 251 |
Supply
| Supply Inflation | 3 | 199th of 251 | |
| Vesting Schedule | 6 | 59th of 251 | |
| Circulating / FDV Ratio | 5 | 135th of 251 | |
| Buyback and Burn | 2 | 114th of 251 |
Ownership
| Smart Money Flows | 2 | 217th of 251 | |
| Insider Selling | 4 | 151st of 251 | |
| Holder Concentration | 3 | 197th of 251 |
Traction
| TVL Trend | 2 | 189th of 251 | |
| Active Users | 3 | 149th of 251 | |
| Developer Activity | 3 | 208th of 251 | |
| Network Growth | 2 | 215th of 251 |
Position
| Market Share | 3 | 131st of 251 | |
| Competitive Moat | 1 | 242nd of 251 | |
| Institutional Adoption | 1 | 238th of 251 | |
| Exchange Depth | 7 | 12th of 251 | |
| Social Mindshare | 7 | 11th of 251 |
Risk
| Regulatory Safety | 5 | 102nd of 251 | |
| Catalyst Calendar | 2 | 222nd of 251 | |
| BTC Alpha Potential | 2 | 200th of 251 | |
| Team Execution | 2 | 230th of 251 | |
| Treasury Runway | 2 | 240th of 251 |
The vertical tick on each bar marks the median score across all 251 rated tokens, so a bar ending left of the tick is below the universe on that variable.
Catalyst and risk
Next catalyst
SHIB burn rate campaigns; Shibarium L2 activity spikes
Principal risk
Astronomical token supply; zero fundamental value; dev team anonymous; depends entirely on retail sentiment
Market and supply
| Price | $0.000005 |
| Market cap | $2.78Brank 32 |
| All-time high | $0.00008628 Oct 2021 |
| Circulating supply | 589,239,632,440,768 |
| Eventual supply (total supply) | 589,496,350,490,273 |
| Dilution to full supply | 1x |
| Total value locked | $28.0M |
| Listed on | Binance, Coinbase, Kraken, Bybit |
Price, market cap, supply and all-time high from CoinGecko, fetched 6 Aug 2026. The 25 scores come from the research pass dated 11 Jun 2026 and don't move with price.
Tokens with a similar profile
These are the closest matches to SHIB measured on the shape of all 25 variables after removing overall quality, so what they share is a pattern of strengths and weaknesses rather than a similar size or price.
Sources
- [Shib Army] Shibarium L2 launched August 2023 with limited adoption
- [ShibBurn] SHIB burn rate less than 0.01% of supply annually through burning mechanisms
- [DeFiLlama] Shiba Inu has no protocol revenue from core token
Common questions
- What is the Early Thunder score for Shiba Inu (SHIB)?
- SHIB scores 71 out of 250 on the 25-variable framework, ranking 235th of 251 rated tokens (bottom 10%). The framework verdict is PASS.
- What are SHIB's strongest fundamentals?
- SHIB ranks highest on Social Mindshare 7/10, 11th of 251, Exchange Depth 7/10, 12th of 251 and Vesting Schedule 6/10, 59th of 251. Ranks are measured against all 251 tokens in the same scoring pass.
- What are the weakest parts of the SHIB thesis?
- SHIB scores in the bottom third of the universe on Competitive Moat 1/10, 242nd of 251, Treasury Runway 2/10, 240th of 251, Institutional Adoption 1/10, 238th of 251 and P/S Multiple 1/10, 234th of 251. The single risk carried on the scorecard is: Astronomical token supply; zero fundamental value; dev team anonymous; depends entirely on retail sentiment
- How much SHIB supply is still to enter circulation?
- 100% of eventual SHIB supply is circulating today, leaving 1x the current float still to arrive. At a flat price per token that is 0% of fully diluted value ahead of current holders.
- How far is SHIB from its all-time high?
- SHIB trades 94.5% below its all-time high of $0.000086. Returning to that high requires a 18.2x move from the level used in this scoring pass.
- Which tokens have a similar profile to SHIB?
- Measured on the shape of all 25 scored variables rather than on price, the closest matches to SHIB are DOGE (89), MEME (57), FLOKI (88) and BONK (93). Similarity here means the same pattern of strengths and weaknesses, not a similar market cap.
- What is the next catalyst for SHIB?
- SHIB burn rate campaigns; Shibarium L2 activity spikes
Keep reading
Research and analysis, not investment advice. Scores are one framework applied consistently across 251 tokens, not a prediction of price.