With just days left in April, Ethereum's biggest meme coin Shiba Inu (SHIB) is setting up for what c
With just days left in April, Ethereum's biggest meme coin Shiba Inu (SHIB) is setting up for what could be a standout month. Historical data points to May as a strong period for SHIB, and if the pattern holds, a 77.8% surge could be next.
Looking back at SHIBs price history by CryptoRank, May has delivered some of its biggest moves. In 2021, the meme coin skyrocketed over 350% during the month. Even after more muted years, like 2024's 13.2% gain, the average May return still clocks in at an impressive 77.8%.
That kind of track record is hard to ignore — especially as the meme coin market shows signs of waking up. Still, it's worth noting that the median May performance is negative, sitting at -1.12%.
The conclusion is that big upside has happened before, but it hasnt been the norm every year.
Zooming into the recent chart, SHIB has been quietly staging a recovery throughout April. After dipping earlier in the month, the token pushed higher, holding its ground around the $0.0000137 level. It‘s not fireworks — not yet, anyway — but the structure is better than it was a few weeks ago. And that’s the setup heading into May.
Worth to note that seasonality data is a useful guide for crypto, but it's not a guarantee. To say that when the average move points north by nearly 80%, it tends to catch attention — and for good reason.
If the pattern repeats, Shiba Inu could be on the verge of a breakout that gets noticed far beyond the usual crypto crowd. A 77.8% rally is history. Whether it becomes the headline of May 2025 — thats the question now.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
0.00