Shiba Inu coin (SHIB) faces a crucial displacement from crypto’s TOP 30 by global market cap. The mainstream meme coin is heading towards the $0.00000550 resistance, handling the new barrier while Near Protocol (NEAR) has sparked up an 88% rally in weekly terms, tackling $2.52.
How Come Near Protocol Edges Out SHIB?
The trading volume is the main tell. While Shiba Inu’s (SHIB) Spot market figures remained below $150 million, the privacy-focused Near Protocol (NEAR) has inked a $858 million daily trading volume, according to CoinGecko. This has pushed NEAR above SHIB in terms of market cap.
Right now, Near Protocol’s (NEAR) market capitalization stands at $3.32 billion, while Shiba Inu (SHIB) sits a step below at #33 with a $3.23 billion market cap. With a lack of fresh money rotating into the meme currency section, Shiba Inu’s (SHIB) long-term holders continue to cling on to the liquidity crunch on major platforms.
Humongous Supply Crunch Picks Up SHIB
Indeed, it’s true that Shiba Inu coin’s (SHIB) supply exchange has tumbled from 140 trillion from the beginning of 2025 to just 81 trillion today, according to CryptoQuant. Long-term holders are swapping from major crypto exchange accounts to self-custodial crypto currency wallets, but the story remains centered around crypto whales.
DailyCoin’s team dug into the on-chain metrics, only to find out that most Shiba Inu coin’s (SHIB) on-chain metrics are bearish.
For instance, the True Strength Index (TSI) was dwelling highly-negative figures while the SuperTrend showcased an all-red setup above the current Shiba Inu’s (SHIB) price of $0.00000550, according to CoinGecko’s crypto price aggregator.
Crypto whales have also been selling, as the Chaikin Money Flow (CMF) still hung around negative numbers at press time. The popular meme coin has a long way to go in order to break the Red-Label Bollinger Band (BOLL) of $0.00000621, resembling a key psychological threshold.
While Shiba Inu’s (SHIB) price is situated in a clear falling wedge on the weekly time-frame, the confluent resistance to $0.00000600 is undeniable – crypto whales are not ready to support the bounce back rally, as the selling pattern reflects more on larger time-frames.
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People Also Ask:
Near Protocol has officially edged past Shiba Inu in market capitalization — sitting at $3.32 billion while SHIB sits at $3.23 billion. This flip shows investors shifting money toward projects with stronger real-world utility.
Yes — it’s a symbolic shift. NEAR climbing above SHIB puts it back in the conversation with stronger Layer-1 projects.
DailyCoin’s Vibe Check: Which way are you leaning towards after reading this article?
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