Can Shiba Inu Hit A New All-Time High By 2029?
Shiba Inu (SHIB) hit an all-time high of $0.00008616 in October 2021, nearly five years ago. The asset had one of the most successful debuts in cryptocurrency history, registering multi-million percentage rallies within months of its launch. However, SHIB’s price has fallen by more than 93% from its peak and the asset is struggling to gain momentum. Let’s discuss if SHIB can hit a new all-time high in 2029. Can Shiba Inu Hit A New All-Time High By 2029? Source: Pixabay The 2029 timeline is important because many anticipate Bitcoin (BTC) to climb to a new all-time high by then. Bitcoin (BTC) has historically followed a four-year cycle. The asset has hit a new all-time high in 2017, 2021, and 2025. By that logic, many expect BTC to hit a new peak in 2029. Shiba Inu (SHIB) could potentially see a similar trend by the end of this decade. While there is a chance that Shiba Inu (SHIB) will follow Bitcoin’s (BTC) trajectory, there are substantial risks. One major red flag is ...