Shiba Inu ( SHIB ) may reach its highest level in 4 years by Q2 2025

Shiba Inu is showing a strong recovery, with an impressive increase of over 16% in the last week of April. Although this year has been a major challenge for meme coins, SHIB has still maintained superior resilience compared to heavyweight competitors like BONK, PEPE, and DOGE. The strong correlation of 0.82 with Bitcoin indicates that SHIB could benefit significantly if BTC continues its upward trend. If this upward momentum continues, SHIB may enter a strong breakout cycle, potentially testing previously unseen price levels since the end of 2021. SHIB holds steady compared to other meme coins amid market fluctuations. This year, meme coins have faced many challenges, as 9 out of the top 10 coins are currently trading in the red. Shiba Inu decreased by 33.11%, but it has performed slightly better than other major meme coins like BONK, PEPE, and DOGE, which have seen a more significant decline. Although SHIB's losses are still significant, its resilience may help it establish a stronger position as market sentiment shifts positively.

If the cryptocurrency market recovers in Q2, SHIB could definitely benefit along with the entire meme coin sector. Prominent meme coins are characterized by strong volatility — especially those with large market capitalizations, which often record significant gains when the cryptocurrency market grows. However, they are also not immune to sharp declines when the market goes down. If the upward trend returns, SHIB may be one of the first meme coins to react strongly to the risk appetite from investors. SHIB can take advantage of Bitcoin's upward momentum when the correlation reaches 0.82. Shiba Inu is currently maintaining a strong correlation with Bitcoin (BTC), with an index of up to 0.82. With the strong growth momentum of Bitcoin in the second quarter, this correlation could position SHIB for a potential breakout. In the past week, Bitcoin recorded an increase of over 10%, while Shiba Inu outperformed with an increase of over 16%. This shows that SHIB is reacting more strongly to the positive volatility of Bitcoin.

If Bitcoin continues its upward trend and reaches the $100,000 mark — a price that many experts believe is achievable in Q2 — it could lead to new highs for the entire cryptocurrency market. In that context, Shiba Inu could become one of the biggest meme coins to benefit. With its prominent beta and close correlation with Bitcoin, a breakout of BTC will further amplify the profit potential of SHIB, making it an important token to watch in the coming weeks. Shiba Inu (SHIB) needs to increase by 182% to return to the highest level of 2021. In the previous surge, Shiba Inu recorded an impressive increase, exploding by 157% from September 18 to December 11, 2024. This strong growth reflects the combination of Bitcoin's upward momentum, the excitement around meme coins, and the massive participation of retail investors. The price of SHIB has shown that when an upward trend forms, its price surges can accelerate rapidly, often outperforming the broader market.

If SHIB enters a new bull cycle, driven by increasing interest in meme coins and the recovery of Bitcoin, this coin could rise by about 182% to reach the $0.000040 mark. This will mark the first time SHIB has returned to this price level since December 2021. With a history of strong rallies when upward momentum forms, SHIB could be in a good position if the market environment continues to maintain an upward trend.