From Nasdaq: 2025-04-18 04:16:00

Cryptocurrencies are struggling in 2025, with a total market value of $2.7 trillion, down 20% for the year. Even Bitcoin is down 11%. Smaller tokens like Shiba Inu are hit hardest, down 46% due to global trade tensions. But is this a buying opportunity or a warning to investors to stay away?

Shiba Inu’s incredible 2021 gain of 45,278,000% was driven by speculation, with little real-world utility. Attempts to create use cases failed, leading to a 90% drop. Even new initiatives like Shibarium blockchain did not boost value. Shiba Inu’s recent uptick was due to Trump’s pro-crypto stance, but questions remain about its future potential.

A pro-crypto U.S. government could benefit Shiba Inu, but its lack of utility and oversupply are major hurdles. ETF approvals for other cryptos may pave the way for Shiba Inu, but caution is advised due to its speculative nature. The lack of a true use case and massive supply make a $1 price target highly improbable.

Considering the risks and lack of potential upside, investors may want to avoid Shiba Inu. The year-to-date dip may not be a buying opportunity. The future of Shiba Inu remains uncertain, with more questions than answers about its long-term viability.



Read more at Nasdaq: Shiba Inu Is Plunging in 2025. Buy the Dip or Run for the Hills?