Here’s why Shiba Inu (SHIB) may reach its highest level in 4 years in the second quarter of 2025. Shiba Inu $SHIB shows renewed strength, having risen over 16% during the last week of April. Despite a tough year for meme coins, SHIB has fared better than major counterparts like BONK, PEPE, and DOGE.

Its strong correlation of 0.82 with Bitcoin suggests it could benefit more if BTC continues its upward trend. If momentum increases, SHIB may be poised for a significant rise, potentially revisiting price levels not seen since late 2021.

SHIB is holding up better than other meme coins amid market volatility.

This year has been challenging overall for meme coins, with 9 out of 10 major coins trading in the red.

Shiba Inu has decreased by 33.11%, but its performance has been slightly better than other major meme coins like BONK, PEPE, and DOGE, which have experienced deeper corrections.

While SHIB's losses are still significant, its relative resilience may put it in a better position if sentiment in the sector starts to change.