Shiba Inu Down Over 60% in 2025, Layer 2 Launch Fails to Boost Price

GateNews

SHIB news Daily Crypto News Price Volatility

2026-03-20 01:56:29

SHIB-3,92%

PEPE-2,91%

Gate News reports that on March 20, Shiba Inu’s price dropped over 60% during 2025, despite the project launching the DeFi-enabled Shibarium Layer 2 solution. This case shows that even meme tokens with utility tools struggle to sustain their value support. Additionally, the co-founder of PEPE is building a new project based on exchange fee revenue, but details have not been disclosed yet.

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