Shiba Inu's (CRYPTO: SHIB) performance this year is a far cry from last year. Back then, the popular meme token soared a mind-boggling 45,000,000%.
So far this year, it's been on the decline, but things may be turning around for Shiba Inu. It's climbed about 12% over the past month.
This crypto player also has a couple of catalysts on the horizon. Shiba Inu is launching a metaverse project and a layer-2 scaling solution. Could these and other efforts help it to eventually reach $1? Let's find out.
Source Fool.com