Will These 3 Catalysts Boost Shiba Inu?

Shiba Inu (CRYPTO: SHIB) was last year's superstar crypto with a gain of 45,000,000%. But the story's been different since the start of this year. The cryptocurrency has fallen about 10%. That's not a lot compared to last year's enormous increase. But it shows a clear change in momentum. And that means rival cryptocurrencies have moved ahead when it comes to market value. Shiba Inu has slipped out of the top 10 -- and today, it's the world's 14th biggest cryptocurrency.

A concern is Shiba Inu doesn't stand out among the thousands of cryptocurrencies out there. So, it may have a tough time staying ahead in the long run. Still, does this mean gains are over? Or can these three catalysts boost Shiba Inu? Let's take a closer look.

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Source Fool.com