Shiba Inu Plummets 59% from All-Time High, Why Did 10,000 New Investors Flock in Just Four Days?

▲ Shiba Inu (SHIB)/AI generated image ©

Market attention is focused on Shiba Inu (SHIB), a prominent meme coin that had been mired in a prolonged price decline and stagnation, as over 10,000 new investors have suddenly poured in. This influx is interpreted as strong preemptive buying, aiming for a significant rebound of the meme coin after it bottomed out, following signs of easing geopolitical tensions in the Middle East.

According to cryptocurrency media Watcher.Guru on April 25 (local time), data from blockchain analytics platform Etherscan confirmed that the number of Shiba Inu holders explosively increased by over 10,000 in just four days, between April 19 and 22. This is an unusually strong capital inflow, considering that Shiba Inu has been on a continuous downward trajectory since December 2024.

Shiba Inu, which received enthusiastic support from numerous investors who entered the market during the 2021 bull run, made history by reaching an all-time high of $0.00008616 just over a year after its launch. However, it has since struggled significantly to regain its past momentum. According to CoinGecko data, it has achieved a minor price rebound, rising 3.3% in the last 14 days, 0.5% in 7 days, and 0.2% in 24 hours. However, on the monthly chart, it is still down 0.4%, and compared to April 2025, it has plummeted a dismal 59%.

Despite such disastrous long-term returns, Shiba Inu's popular brand power remains strong. Thanks to the lingering impact of its record price surge shown in 2021, Shiba Inu continues to firmly hold its position as the most traded cryptocurrency in India, a country with a population of 1.4 billion.

The media cited a macro positive factor, a potential agreement between the US and Iran, as the key reason for the rapid increase in holders in such a short period. As the flames of the stifling Middle East conflict began to subside, showing signs of overall improvement in investor sentiment, investors anticipating a strong market reversal in the future began to eagerly accumulate meme coins at the bottom.

However, unlike the surging buying interest, it is difficult to be sure of an immediate significant price increase. The Middle East issue remains shrouded in uncertainty, and crucially, the possibility of a benchmark interest rate cut, which would supply massive liquidity to the market in April 2026, is very slim. Therefore, despite the aspirations of the explosively increasing number of investors, it is predicted that Shiba Inu is likely to continue a tedious sideways trajectory, searching for direction for the time being.

*Disclaimer: This article is for investment reference only, and we are not responsible for investment losses based on it. This content should be interpreted for informational purposes only.*