Shiba Inu price has experienced a significant decline, dropping almost 40% year-to-date.
The potential recovery of Shiba Inu is closely tied to the performance of Bitcoin and its post-halving trends.
Bitcoin has historically experienced substantial price increases after each halving, with an average increase of 344% from the cycle low to the close of the halving month.
If Bitcoin reaches a price of $220,121 after the 2028 halving, Shiba Inu could see a comparative increase and potentially reach an all-time high of $0.00009456.