3月23日的加密货币市场中，涨幅前五的代币分别为Midnight（+11.84%）、DeXe（+6.52%）、Kite（+5.56%）、Shiba Inu（+5.50%）和Pepe（+5.36%）。跌幅前五的代币为River（-4.62%）、Ethena（-3.41%）、Decred（-3.15%）、Kaspa（-3.04%）和TRON（-2.88%）。

Gate News 消息，3 月 20 日，Shiba Inu 在 2025 年期间价格下跌超 60%，尽管该项目推出了具备 DeFi 功能的 Shibarium Layer 2 解决方案。这一案例表明，即使 meme 代币配备实用工具，也难以持续维持价值支撑。此外，PEPE 联合创始人正在构建基于交易所手续费收入的新项目，相关详情暂未披露。

PEPE co-founder announced the launch of a new project on March 20, based on exchange fee revenue model to provide income sources for token holders. Despite Shiba Inu's launch of Shibarium and integration of DeFi features, it has failed to stabilize token value, showing that even with practical utilities, the long-term value of Meme coins remains unstable. The specific name and mechanism of the new project have not yet been disclosed.

Elon Musk recently clarified that he does not hold Shiba Inu (SHIB) tokens, putting to rest market speculation about potential SHIB accumulation. This statement has drawn investor attention to SHIB price fluctuations. Although Musk has not invested in SHIB, his association with Dogecoin continues to influence SHIB market sentiment. SHIB price has declined approximately 93.55% from its historical high.

3月10日，加密貨幣市場前100代幣中，Shiba Inu上漲9.10%位居漲幅首位，跌幅前五名中，MemeCore和Humanity Protocol均下跌4.96%。