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Shiba Inu’s Price Journey: A Tale of Trials and Tribulations

BBG News

Upon perusing the chronicles of the Shiba Inu coin, as chronicled by the esteemed CryptoRank, one cannot help but observe a rather disheartening trend. The forthcoming months appear to be less than benevolent towards the holders of this whimsical currency. While one might cling to the faintest glimmer of hope for a change in fortune, the evidence suggests that the next seven months may indeed be a test of endurance. Alas, dear holders of SHIB, the true rewards may still be a distant dream.

It is worth noting that October stands alone as the solitary month wherein SHIB has consistently exhibited both positive average and median returns. The remaining months resemble a tumultuous roller coaster ride, fraught with more losses than gains. 🎢

Indeed, the much-lauded meme coin has experienced some remarkable rallies in the past, particularly in the month of May in the year 2021. However, such occurrences are not the norm, and one cannot expect them to grace us annually. May may appear splendid on parchment, boasting an average return of 77.8%, yet the median return reveals a more modest -1.12%, illustrating the capricious nature of this investment. 😅

As for the month of June, it has historically proven to be a rather arduous period for SHIB holders. The average return languishes at -15.1%, with the median reflecting a disheartening drop of -11.8%. A glance at the data reveals that June has seldom delivered profits for our dear Shiba Inu coin, remaining consistently in the red since the year 2021. 📉

And what of July and August, you may ask? They offer little respite, with July presenting a slightly negative return of -2.7% on average, and August merely managing a small loss of -1.32%. September, too, does not shine brightly, boasting an average of 4.15% but a negative median of -0.89%. Not precisely a robust investment for those seeking gains in SHIB, I daresay! 🙄

However, if you are in pursuit of a beacon of hope, October is your month! Historically, it has emerged as a veritable standout, with average returns soaring to 213.1% and a median of 8.21%. This is the one month where SHIB has demonstrated reliable upside, though it remains tantalizingly out of reach for now. ⏳

For those steadfastly holding SHIB, the reality is that you may find yourself in a prolonged wait until October for any significant positive movement. The next seven months may indeed serve as a true test of patience. 🕰️

With the year 2025 already commencing on a rather rocky note for SHIB, and considering the market’s recent behavior, it is prudent to conclude that the upcoming months may not provide the relief that many are so desperately hoping for. 😬

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2025-04-18 18:17

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