Shiba Inu (SHIB) had a significant rise in 2021 as a meme coin but is now facing a decline.Shiba Inu is transitioning to offer more utility but faces strong competition from other tokens.Shiba Inu has seen a drop in price and relies more on community speculation than utility.Experts have mixed opinions on Shiba Inu's future, noting the potential for a resurgence or redundancy.