Bitcoin (BTC), which was launched in August 2025, has reached an all-time record of $124,128. Ethereum (ETH), meanwhile, is also edging ever closer to a brand new record. ETH has finally surpassed the $4700 level. This is after almost seven years. Shiba Inu, while experiencing a recovery, still struggles to surpass the $0.000014 pricing point. SHIB appears to be facing heavy opposition at this level. Discuss whether Shiba inu (SHIB), the Shiba breed, can catch up to Bitcoin (BTC), Ethereum (ETH), and reach a higher all-time level.
Shiba Inu Can Follow Bitcoin’s Trajectory
Shiba Inu, or SHIB, reached an all-time peak of $0.00008616 on October 20, 2021. CoinGecko’s data shows that SHIB has dropped by 84% from its peak in 2021. SHIB followed the trajectory of Bitcoin (BTC), during the bull run in 2021. Things seem to be different now compared with the previous few years. SHIB’s gains are not the same as BTC. SHIB 2021’s rally was powered by Vitalik Buterin’s massive 410 trillion token burn. It is unlikely that you will experience another burn.
BTC’s recent surge is probably due to lower CPI data. Low CPI figures have increased expectations for an interest rate reduction in September. Low interest rates may lead investors to take more risk. SHIB might also exhibit the same pattern.
BTC’s value has been also highly boosted by the consistent inflows of ETFs. In the last few weeks, institutional money played an important role. Ethereum’s upswing (ETH), too, follows a pattern. In the last few months ETH-based ETFs experienced massive capital inflows. Shiba Inu’s (SHIB), on the other hand, has a problem.
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SHIB doesn’t have an ETF. It is unlikely that a SHIB ETF will be available. The risks associated with Memecoins are high. The SEC is not likely to approve an ETF for spot SHIB anytime soon, or ever.
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Source: watcher.guru
