Shiba Inu’s Summer: A Comedy of Errors and Price Dips! 😂

As the sun rises on the horizon of summer, Shiba Inu (SHIB) wobbles into the season like a puppy on a slick floor—adorable yet utterly unconvincing. The annual ritual of warmer months has a notorious reputation for delivering returns that could make even the most optimistic investor weep. And lo and behold, 2025 appears to be no exception! 🌞

Take a gander at SHIB’s monthly performance, courtesy of CryptoRank, from June to August. These months are like the Bermuda Triangle for crypto returns—disappearing faster than your last slice of pizza at a party! June’s average return is a staggering -15.1%, with a median of -11.8%. July and August follow suit, with average returns of -2.7% and -1.3%, and medians of +2.1% and -1.0%. Even the occasional summer spike feels like a mirage in the desert of despair. 🏖️

Recent trends scream caution louder than a toddler in a candy store. SHIB wrapped up Q1 of 2025 with a dismal -41.4% return—definitely not the kind of birthday cake anyone wants to celebrate. April and May offered a glimmer of hope with gains of 6.92% and 15.8%, but the overall picture remains as murky as a swamp. 🐸

Currently, SHIB is trading at a modest $0.00001536, still below its former glory days of February and March. It’s struggling to break through the resistance at around $0.00001698, while key support hovers around $0.00001107 like a bad smell. 💸

May, the shining star of the calendar, usually boasts an average return of +65.4% and a median of +13.2%. But alas, by June, that energy fizzles out faster than a soda left open overnight. 🥤

Looking at the quarterly data, it’s clear SHIB has a knack for dramatic exits. In 2023 and 2024, Q2 returns were -30.2% and -44.3%, respectively. Even with a jaw-dropping +145.2% in March 2024, SHIB managed to give it all back by midsummer—talk about a plot twist! 📉

Unless some miraculous catalysts appear, historical performance suggests that Shiba Inu is gearing up for another slow, red summer—where price history points to a downside risk that could make even the most seasoned traders cringe. 😱

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2025-05-22 18:54