Shiba Inu is one of the most iconic coins in the meme coin domain. The token’s 2021 price set hope for the future of the cryptocurrency realm, with investors seeing SHIB and Dogecoin as the future of meme coins. Currently, Shiba Inu (SHIB) is down by nearly 71% from its all-time high of $0.00008616, which it attained in October 2021. With the asset’s growth over the last calendar year, could SHIB ever reach that high again, and if so, when?
Could Shiba Inu Ever Return To Its All-Time High?
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In conclusion, there are several blockers in the path of Shiba Inu’s return to its all-time high and beyond. However, there is also new momentum behind SHIB that could break those barriers in the coming years. It’s not anticipated that SHIB will return to $0.00008616 by the end of 2024. Fortunately, that high may be possible with a growing attraction to the crypto world around the globe.
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