Dogecoin News Today: Asia Expansion Drives Shiba Inu's Long-Term Vision Over Price Recovery

The Shiba Inu (SHIB) project has signaled a strategic shift toward expanding its presence in key Asian markets, despite ongoing challenges in price performance. According to statements from Lucie, the marketing lead of the Shiba Inu ecosystem, the team is prioritizing community engagement and infrastructure development over short-term price fluctuations. Lucie highlighted a planned outreach or tour in major Asian regions, including Korea, Japan, and the People's Republic of China, where the Shiba Inu community has shown growing momentum [1]. This move reflects the team’s belief that long-term value is derived from increasing the utility and adoption of its ecosystem projects rather than focusing on token price volatility [1].

The token itself has continued to face downward pressure, with SHIB trading at $0.00001194 as of the latest data. Over the past 24 hours, the price has declined by 3.82%, while the weekly drop stands at 6.37% and the monthly decline at 2.1% [1]. This performance has pushed SHIB down to the 23rd position in the global cryptocurrency rankings, overtaken by Toncoin, which now holds the 22nd spot. At present, SHIB’s market capitalization is valued at $7.34 billion, significantly trailing Dogecoin (DOGE), which is ranked eighth and holds a market cap of $32.75 billion [2].

To surpass Dogecoin in the rankings, SHIB would need a market capitalization of approximately $35 billion, representing a growth of over 376% from its current valuation. This would translate to a per-unit price of roughly $0.00005939 [2]. Achieving this level would not only move SHIB up the ranking ladder but also restore it to a price it last reached during its October 2021 peak. Analysts and market commentators have suggested that this target is feasible, particularly if favorable macroeconomic conditions, such as a potential Federal Reserve rate cut, stimulate increased risk-taking among investors [1]. However, such forecasts remain speculative and hinge on broader market dynamics rather than specific developments within the Shiba Inu ecosystem.

Lucie emphasized that the team is not currently fixated on price targets and remains committed to building the Shiba Inu ecosystem, particularly the Shibarium layer-two blockchain [1]. This strategy aligns with the broader sentiment that utility and adoption are more sustainable drivers of value than short-term market sentiment. While some investors advocate for token burns as a means of increasing price, the team has indicated that this is not the primary focus [1].

Looking ahead, the Shiba Inu team has expressed optimism about the autumn season, particularly the period from September 22 to December 21, 2025. Historically, autumn has been a bullish period for the project, and the team anticipates a similar trend in 2025 [1]. Analysts such as Eunice Wong and Himanshu Maradiya have echoed this sentiment, predicting that SHIB could reach new all-time highs before the end of the year [1]. Nevertheless, these projections are not guarantees and should be treated as speculative insights.

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[1] Shiba Inu Team Hints at Asia Expansion, Says Price May Be Down But Global Building Continues (https://thecryptobasic.com/2025/09/01/shiba-inu-team-hints-at-asia-expansion-says-price-may-be-down-but-global-building-continues/)

[2] As Shiba Inu Ranks in 23rd Position, Here is How High Now SHIB Must Rise to Beat Dogecoin (https://thecryptobasic.com/2025/08/31/as-shiba-inu-ranks-in-23rd-position-here-is-how-high-now-shib-must-rise-to-beat-dogecoin/)