You Won’t Believe What Happened to Shiba Inu—Will the Madness Ever Return?

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Imagine, dear reader, a world teetering on the edge of madness—no, not the Dostoevskyan Petersburg haze of poverty and vodka, but the cryptoverse in May 2021. Into this fevered dream staggers our unlikely hero, Shiba Inu (SHIB): a puppy, panting beside the swollen capitalist riverbank, which, with all the innocence and chaos of Raskolnikov searching for an alibi, suddenly leaps 355%. Astounding! The markets fell silent, investors shouted, and somewhere a Dogecoin shivered with existential dread.

But—(ah, cursed conjunction!)—it is no longer the spring of 2021. The year is now 2025, with SHIB worth $8 billion. It has its own Layer-2—because of course it does, what self-respecting token doesn’t want a Layer-2?—and its community, vaster than any Dostoevsky character’s existential crisis. Yet, as with all things, novelty fades; the wild crowds have shuffled off to the next meme, attention spans twitching like Svidrigailov in a thunderstorm.

Now, gentle friends, behold the 2025 Shiba Inu: bloated with listings, layered with Shibarium, reciting, “I used to be a scrappy upstart” as if it were confessing sins in a dim St. Petersburg chapel. Can a coin this engorged by success still conjure the maniacal fireworks of its youth? Or is it doomed, like so many Dostoevskyan souls, to stare in the mirror and mutter, “What even am I?”

And yet!—in March 2024, the beast roused from its dog bed, seized its chance, and barked up to $20 billion, leaping 450%. Old habits die hard. The gamblers smiled; the doubters wept; some regretted their life choices, perhaps for the third time that day. 🤑

Look at SHIB’s May history and laugh (as the universe surely does): up 355% in 2021, down a soul-crushing 42.1% in 2022, and a “did anyone notice?” 2.04% in 2025. May, that fickle, Dostoevskyan month, forever unpredictable—sometimes blessing, sometimes cursing, sometimes just yawning.

So, the question that keeps our Shiba up at night, staring into the void (and maybe at a bone-shaped wallet): Can it repeat its old glories? Or is the real struggle simply to remain relevant, howling in an indifferent, ever-shifting landscape? For now, it remains the top dog of Ethereum’s meme coins, king of a paradoxical hill, simultaneously celebrated and ignored. Even Fyodor himself would raise a sardonic eyebrow. 🐕‍🦺

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2025-05-01 19:26