Can Shiba Inu Repeat Last Year's Gain?
Shiba Inu (CRYPTO: SHIB) stood out from the crowd last year in one particular area, and that's performance. The young crypto player soared a mind-boggling 45,000,000%. Since then, like many other cryptocurrencies, Shiba Inu has lost momentum. It's dropped about 42% so far this year.
Now, investors might wonder if Shiba Inu's declines are just part of a temporary, general market downturn -- and if the cryptocurrency has what it takes to burst out of the doldrums and rebound. In fact, some investors might ask themselves whether Shiba Inu could even repeat last year's gain. After all, catalysts lie ahead. Let's look at whether this 2021 success story can take the title of 2022 success story, too.
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Source Fool.com
