You can do all the fundamental analysis you want, but sometimes winning in financial markets comes down to sheer luck and diamond hands. Don't believe me? Simply ask early investors in Shiba Inu ( SHIB +0.05% ) .

According to analysis from CoinMarketCap, the meme coin posted a total gain of 11,430,362%, at one point before falling back down to earth in 2021, despite having no real-world advantage over other cryptocurrencies.

Shibi Inu's record-breaking rally has kept it relevant in the cryptocurrency community, even though it is somewhat overshadowed by larger and more serious alternatives. Let's explore what the next 12 months might have in store and try to decide if the asset will soar again.

What is Shiba Inu?

Unlike the more mainstream blue chip cryptocurrencies,

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