Shiba Inu (SHIB), the popular dog-themed cryptocurrency, is once again stating its primary mission loud and clear: market domination. This ambitious goal is front and center as the project works to significantly evolve beyond its initial identity as a meme coin. With a stated vision to compete with giants like Bitcoin (BTC) and Ethereum (ETH), Shiba Inu is doubling down on efforts to build a massive ecosystem and a highly active global community. The announcement follows a wave of optimism in the community and renewed focus on scaling up adoption, trading activity, and token utility. ShibArmy Strength: SHIB Holders Top 1.5M; BONE, LEASH Add to Ecosystem Depth The Shiba Inu team’s declaration came in response to a post from community member Etherscan_Shib, who emphasized the rising number of holders for SHIB, BONE, and LEASH. Latest on-chain data confirms that SHIB itself has now surpassed 1.5 million holders. Meanwhile, BONE and LEASH boast over 95,000 and 30,000 holders respectively. Despite having multiple tokens, the Shiba Inu ecosystem maintains a unified community, often referred to as the “ShibArmy.” This community strength is also reflected in the project’s social media footprint. With approximately 3.93 million followers on X (formerly Twitter), Shiba Inu commands one of the most active followings in the crypto space. This robust support base has been a significant factor in the project’s ongoing push toward what it terms market leadership. Billions in volume.Millions in the army.One mission: Domination https://t.co/5XInx40ka0 — Shib (@Shibtoken) May 28, 2025 Shibarium L2, DeFi, Gaming Drive SHIB Utility; $48B Trading Volume Spike Noted Besides community strength, Shiba Inu is actively working to transform itself from a meme token into a utility-driven project. The introduction of Shibarium, its layer-2 blockchain, decentralized finance platforms, and gaming projects reflects this shift. These innovations aim to strip SHIB of its meme coin label and offer real-world use cases. Related: Shiba Inu (SHIB) Price Prediction for May 30: Traders Eye Triangle Breakout as SHIB Holds $0.00001400 Consequently, SHIB alone reached $48 billion in trading volume over a 10-day period earlier this month according to ​​Shib Bezos data, signaling growing market interest. The team remains determined to maintain this momentum and push trading volumes back into the billions. Let the Universe Conspires in $SHIB ‘s Favor🪬$SHIB IS READY FOR NEW GOD CANDLES🚀$48 BILLION TRADE VOLUME IN 10 DAYS🙀#ShibaInuETF🙏#SHIBARMY Growing, Thriving #ShibaInu ToTheMoon 🚀Manifest, Dream Big, Believe, Have Faith, Claim! Pray🙏Be Thankful, Be Humble, Give Back pic.twitter.com/jlKUEoG3Nr — $SHIB Bezos $AMC $NIO $BKKT $LCID (@BezosCrypto) May 8, 2025 Shytoshi Kusama Targets Top 5 Crypto Rank for SHIB by 2029 Shiba Inu’s lead developer, Shytoshi Kusama, previously outlined a goal for SHIB to rank among the top five cryptocurrencies by 2029. Currently sitting at the 16th position, SHIB has already proven its potential, having once peaked with a $40 billion valuation. Kusama’s strategy hinges on delivering lasting utility and increasing ecosystem adoption. Related: Bitcoin Leads, Shiba Inu Follows: Is a Big Rally Just Around the Corner? With a market cap of over $8.3 billion and a price of $0.00001422 as of press time, Shiba Inu shows both resilience and ambition. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.