SHIB declined 5% Thursday morning, falling behind FLOKI which claimed daily memecoin leadership. The latest SHIB price is $0.000004275. The market cap is currently $2.53B. The token's recent performance reflects broader market challenges. Shiba Inu (SHIB) rose 0.77% in early July 2026 after a 24% drop in June, its second-worst June on record. SHIB briefly fell out of the top 30 by market cap, hitting a five-year low below $0.0000041.