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Reading: Can Shiba Inu Follow Bitcoin, Ethereum to a New All-Time High?
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Mycryptopot > News > Crypto > Tron > Can Shiba Inu Follow Bitcoin, Ethereum to a New All-Time High?
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Can Shiba Inu Follow Bitcoin, Ethereum to a New All-Time High?

August 17, 2025 2 Min Read
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mycryptopot

Bitcoin (BTC) climbed to a brand new all-time excessive of $124,128 earlier at the moment, Aug. 14, 2025. Ethereum (ETH) can also be inching nearer to a brand new all-time excessive. ETH breached the $4,700 worth stage after almost seven years. Shiba Inu (SHIB), whereas seeing a rebound, is struggling to transcend the $0.000014 worth level. SHIB appears to be dealing with heavy resistance at this stage. Let’s focus on whether or not Shiba Inu (SHIB) can observe Bitcoin (BTC) and Ethereum (ETH) to a brand new all-time excessive.

Can Shiba Inu Comply with Bitcoin’s Trajectory?

Shiba Inu (SHIB) hit an all-time excessive of $0.00008616 in October 2021. In response to CoinGecko knowledge, SHIB’s worth has fallen by 84% since its 2021 peak. Through the 2021 bull run, SHIB was following Bitcoin’s (BTC) trajectory. Nevertheless, issues appear to have modified over the previous few years. SHIB is registering features, however not in the identical caliber as BTC. SHIB’s 2021 rally was fuelled by Vitalik Buterin’s huge 410 trillion token burn. Replicating one other related burn is extremely unlikely.

BTC’s current rally is probably going because of decrease CPI figures. The low CPI numbers have boosted expectations of an rate of interest reduce in September. Decrease rates of interest will seemingly result in buyers taking up extra dangers. SHIB may observe the identical sample.

BTC’s worth additionally additionally been tremendously aided by constant ETF inflows. Institutional cash has performed a central position within the current rally. Ethereum’s (ETH) upswing additionally follows an identical sample. ETH ETFs have seen huge capital inflows over the past a number of months. That is the place Shiba Inu (SHIB) falters.

mycryptopot

SHIB doesn’t have an ETF product. The potential of a spot SHIB ETF can also be very low. Memecoins include loads of dangers. It’s unlikely that the SEC will approve a spot SHIB ETF anytime quickly, if not ever.

mycryptopot

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