In 2021, Shiba Inu ($SHIB) made headlines with its remarkable price rally of a staggering 1,000,000%. Starting the year at a fraction of a cent, it skyrocketed to reach a significant value by the year's end. This incredible surge turned many early investors into millionaires, multiplying their initial investment exponentially.
However, in 2023, the Shiba Inu will face challenges in maintaining its momentum. Despite starting the year with a strong rally of over 100%, it has since experienced a substantial decline, erasing a significant portion of the earlier gains.