The glory days of Shiba Inu running all over the park in greener pastures have come to an end. The majority of investors took an entry position during the 2021 to 2022 phase when SHIB was climbing a hill. The dog-themed token was friendly back then and wagged its tail to everyone entering its fold. Little did investors know that Shiba Inu also bites, apart from playing around with their money.
SHIB was all over the news in 2021-22 and was an international sensation as it called itself the ‘Dogecoin killer’. SHIB eclipsed DOGE’s fame and was the most talked-about cryptocurrency. However, the dog-themed token stopped wagging its tail to investors from 2023 and began barking. The barking was non-stop from 2023, and ultimately, Shiba Inu decided to bite investors in 2025.
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Shiba Inu’s Relentless Price Dip Bites Investors’ Wallets
The majority of Shiba Inu holders who took an entry position after October 2021 are mostly experiencing major losses. While some might have enjoyed brief profits, the token quickly erased its gains whenever it surged in value. Be it during the Bitcoin halving event in April 2024, where it skyrocketed 280% to November-December, where it again surged by 200%, it erased the gains in less than two weeks. Shiba Inu bites after barking and wagging its tail at investors, and they cannot do anything about it.
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Even during Trump’s oath in January, SHIB surged 80% but erased it by the end of January. SHIB is the master of ‘blow hot and blow cold’ where it gives with one hand and takes from the other. In other words, the development is the broader cryptocurrency market in a nutshell. It knows how to give, but it also knows when to take, even when investors are not prepared for it. Not just Shiba Inu, every other cryptocurrency in the market can bite traders, making a hole in their wallets.