Should You Buy Shiba Inu Before It Rebounds to a New High?

It's been an absolutely incredible year for Shiba Inu (CRYPTO: SHIB). The cryptocurrency may have started as something of a joke, but it's gone on to become one of the most explosive winners in investing history.

Shiba Inu's cryptocurrency token is up a staggering 52,000,000% across 2021's trading. Even more striking, the token has posted those gains despite also trading down roughly 54% from its lifetime pricing high of $0.00008616 per token. With Shiba Inu trading down substantially from its previous record level and having already demonstrated that it's capable of posting explosive jumps, investors may be wondering whether it's time to buy the popular meme token.

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Source Fool.com