Shiba Inu is still nursing a hangover after its barnstorming rally in 2021.

Cryptocurrency returns have been a mixed bag in 2025. Industry leaders like Bitcoin and Ethereum are sitting on solid gains of more than 30%, but the speculative end of the market isn't faring so well. Dogecoin is down 25% on the year, and Shiba Inu ( SHIB -13.50% ) is nursing a 44% loss.

Shiba Inu was created by an anonymous developer named Ryoshi in 2020, who wanted to give investors an alternative to other meme tokens like Dogecoin. It wound up surging by 45,278,000% in 2021, which remains one of the best annual returns in the history of the financial markets. In fact, it would have turned a perfectly timed investment of just $3 into more than $1 million.

Shiba Inu's peak price in 2021 was $0.00

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