Will May Be the Month for Shiba Inu to Roar Back?

Shiba Inu (CRYPTO: SHIB) has seen its better days. The once high-flying meme coin has fallen more than 20% over the past month. It's down nearly 40% year to date. And Shiba Inu is more than 76% below its high set in late October 2021.

Some might be skeptical about what's ahead for the beaten-down cryptocurrency. But will May be the month for Shiba Inu to roar back?

Image source: Getty Images.

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Source Fool.com