Key Points After over a year of declines, Shiba Inu's price has been trending higher over the last month. The SEC classified Shiba Inu as a commodity in March, and T. Rowe Price has filed for an ETF that could hold the meme coin, among other cryptocurrencies. Shiba Inu remains an extremely risky crypto investment. 10 stocks we like better than Shiba Inu › Most meme coins don't stick around long. Shiba Inu (CRYPTO: SHIB) is one of the rare exceptions. It launched in 2020 and peaked in 2021, but it's still a recognizable name with a market cap of about $3 billion, and its price has increased 21% over the last month (as of Sept. 18). It's a welcome turnaround for a cryptocurrency that has mostly trended down since early 2025.
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