Shiba Inu (SHIB) was seen mirroring the rest of the market. Despite its annual loss of 40%, the asset was slowly picking up pace. Throughout the past month, SHIB managed to rise by 15.88%. The meme coin witnessed a slight setback throughout the past week as it dipped by over 10%. While the SHIB market continues to confuse its investors, the near future might be bright for the asset. So far, 2025 has been quite tumultuous for SHIB. The remainder may be as well, although Shiba Inu may profit from the upcoming volatility.
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Shiba Inu Starts Recovering, What’s Cooking?
The Shiba Inu market recorded a rise of nearly 2% throughout the past 24 hours. Despite being dainty, this uptick is important for the overall SHIB market. At the time of writing, the meme coin was trading at $0.00001417.
The month of May has usually been a mix for Shiba Inu. Looking into historic data, May 2024 has been bullish for SHIB. The asset has surged by 13% during this period. But the years before 2024 have been bearish, with the asset dipping by over 40%. October is considered to be the most bullish month for the meme coin. According to data, the asset’s average price change for the month of October stands at a positive 213%.
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A 300% Incoming For The Meme Coin
It looks like Shiba Inu will continue its October streak in 2025 as well. Data from CoinCodex revealed that the meme coin is expected to trade at a high of $ 0.00005923 in October of 2025. This marks a 316% rise from its current market price. It should be noted that the months leading up to this are also bullish for the asset. This price increase will bring in notable gains into the SHIB market, pushing more investors into a profit.
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