Shiba Inu Survives the Shocks: Not Just a Coin Meme, Check out its Resilience!

Jakarta, Pintu News – Shiba Inu (SHIB) has proven itself to be one of the most resilient crypto assets amidst market ups and downs. Lucie, Shiba Inu’s head of marketing, recently praised the resilience of the SHIB token that made it through one of its worst crises. Despite experiencing a drastic drop from its peak in 2021, SHIB continues to attract attention and gain strong support from its community.

Shiba Inu’s Turbulent Journey

Since 2021, the SHIB/Bitcoin (BTC) pair has experienced a 91% decline. Going into the end of 2022, SHIB recorded an annualized decline of 73%, following the downward trend of the entire crypto market which fell from a total value of $2.9 trillion to just $810 billion.

However, between August 2020 and October 2021, SHIB recorded a spectacular rise of 85,000,000%, which turned many investors into millionaires overnight. Investors who invested $1,000 on August 1, 2020, when SHIB was trading at $0.000000000510, likely earned up to $17.25 million in profits on May 31, 2021, when the price reached $0.0000088. Currently, SHIB is trading at $0.00001143, having declined 1.4% in the last 24 hours.

Also Read: Can XRP Soar 35,000%? Check out the Supporting Factors!

SHIB Ecosystem Growth

Lucie emphasized that one of the main reasons SHIB remains relevant and talked about is the strong support from its community. Despite rumors that Coinbase would delay listing SHIB and Binance would delist it, as well as claims that “SHIB is dead”, the community has remained loyal.

This proves that community support plays an important role in the viability of a crypto asset. In addition, the SHIB team has been working hard to elevate the image of SHIB beyond a meme coin narrative. Shib Alpha Layer has been launched to allow users to interact with various RollApps, and a community-driven governance platform, ShibDAO, has also been formalized. This shows serious efforts in increasing transparency and community participation in decision-making.

SHIB’s Future Prospects

According to recent analysis, SHIB could potentially experience a surge of up to 1,000% in this cycle. Short-term, other analysts predict a rise of up to 500%. In addition, Lucie confirmed that there are plans to follow Dogecoin’s (DOGE) lead in the Exchange Traded Fund (ETF) trend, which will further strengthen SHIB’s position in the market.

With various developments and continuous innovation, SHIB has not only survived the crisis but also has the potential to become a leader in the evolution of the crypto market. This shows that SHIB is more than just a meme coin and has a bright future in the crypto industry.

Conclusion

Shiba Inu has proven itself to be more than just a momentary phenomenon. With strong community support and continuous initiatives, SHIB shows that it has everything it needs to survive and thrive in this highly competitive crypto world.

Also Read: Michael Saylor and a New Strategy Towards 600K Bitcoin (BTC), Can It Be Replicated?

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Crypto News Flash. Shiba Inu Survived the Crashes: Why SHIB Isn’t Just Another Meme Coin. Accessed on July 7, 2025