The meme token world wouldn’t have been the same without Shiba Inu (SHIB). However, like many other assets, SHIB is also under pressure during the 2024–2025 bear trend, currently trading at $0.0000125287, with a 19.35% decline in the last month. However, hope still lingers in the Shiba Inu community, largely due to the project’s strategic token burn campaigns and ecosystem expansion. At the same time, a new meme coin challenger, Little Pepe (LILPEPE), has launched a viral presale, grabbing market attention. Could SHIB’s burn strategy still ignite a major rally, or is Little Pepe about to steal the meme coin spotlight?
SHIB’s Token Burn Strategy: A Fire With Fading Heat?
SHIB’s core deflationary mechanism—the token burn—was introduced as a long-term strategy to reduce the circulating supply and potentially drive up the price through scarcity. As hundreds of billions of tokens over time have been sent to burn addresses, the expectation is that SHIB will regain some upward momentum. These token burns are usually associated with ecosystem Shibarium, ShibaSwap, and ShibaSwap NFT marketplaces, which help sustain investor interest.
Despite ongoing burns, the price impact has largely remained unchanged in recent months. The market seems to be waiting for more aggressive, high-volume burns or stronger utility-driven catalysts to take effect. The deflationary model alone isn’t enough to push SHIB back to its all-time highs. With the coin losing nearly 20% over the last month, traders are asking whether the burn mechanism still holds the power to spark the projected 293% rally.
Market Sentiment and SHIB’s Struggle to Reignite Hype
Much of SHIB’s success in 2021 and 2022 came from sheer viral momentum. Backed by a passionate online community and prominent listings, it quickly rose from obscurity to become one of the top ten cryptocurrencies by market cap. Fast forward to 2025, and the sentiment has cooled. Despite a $7.38 billion market cap and a substantial ecosystem, Shiba Inu struggles to reignite retail hype in a vastly more competitive meme coin landscape.
Even after major burns, partnerships, and Shibarium updates, the lack of substantial price movement signals a deeper issue — investor fatigue. Retail traders increasingly seek newer, trendier meme coins with lower market caps and higher short-term potential. This shift in sentiment is evident in the market’s reaction to new launches, such as Little Pepe (LILPEPE), which has gone viral despite being in presale, potentially diverting capital and attention away from legacy meme coins like SHIB.
Little Pepe’s Viral Launch and SHIB’s Competitive Pressure
At the center of SHIB’s current challenge is the explosive debut of Little Pepe (LILPEPE). Positioned as a meme coin with real utility, zero taxes, and its own Layer-2 blockchain on the horizon, LILPEPE is not just echoing the hype that launched SHIB — it’s evolving it. With features like staking rewards, low transaction costs, and a robust marketing campaign, Little Pepe is not just launching a token; it’s building a movement.
As LILPEPE captures the attention of retail investors and meme enthusiasts, it threatens to siphon momentum from legacy players like SHIB. Unlike SHIB, which has an ample circulating supply and slow-moving burn rate, LILPEPE offers a fresh narrative, a cleaner tokenomics structure, and arguably more room for growth. While SHIB fights to reheat a cooling base, LILPEPE is lighting up the market with novelty and speed — a dangerous dynamic for SHIB bulls banking on a dramatic price reversal.
Can SHIB Still Deliver a 293% Rally?
So, is a 293% rally for SHIB still on the table? Mathematically, it’s not impossible — SHIB has performed similarly in the past. However, the landscape has undergone structural changes. For SHIB to achieve such a jump, several factors must align: accelerated token burns, increased Shibarium adoption, broader market recovery, and renewed retail excitement. Unfortunately, all of these catalysts currently appear fragmented or stalled.
What SHIB has that newer meme coins lack is scale — a strong infrastructure, listings across all major exchanges, and brand recognition. However, these advantages can become anchors if the project fails to innovate quickly. Without stronger burn metrics or a game-changing catalyst, SHIB may struggle to maintain its position in the niche it helped create. Meanwhile, coins like LILPEPE, powered by new narratives and aggressive community building, are moving with the same viral energy that SHIB once thrived on.
Conclusion
While Shiba Inu’s token burns are a step in the right direction, their current pace may not be enough to drive the 293% rally some investors hope for, especially with rising stars like Little Pepe stealing the meme coin spotlight. SHIB isn’t out of the fight yet, but the meme throne is being challenged.
For more information about Little Pepe (LILPEPE) visit the links below:
Website: https://littlepepe.com
Whitepaper: https://littlepepe.com/whitepaper.pdf
Telegram: https://t.me/littlepepetoken
Twitter/X: https://x.com/littlepepetoken
