Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Looking at SHIB's five-year trend, it is simply a mirror of the crypto market.
No one can forget the wave in 2021—the increase of **25,092,925.13%**, soaring from $0.00000000012 to a historical high of $0.0000399. In October, SHIB became the hot topic across the internet. Vitalik burned tokens, Musk's tweets, community frenzy... each factor fueled the hype. At that time, FOMO emotions overshadowed rationality.
Turning to 2022, the story reversed. The bear market arrived, and SHIB's decline reached **-75.8%**, dropping from $0.0000349 to $0.0000072. The entire crypto market was undergoing deep correction, and SHIB was no exception. The whole year was basically a sideways downward trend.
In 2023, the market started to show signs of life. Although SHIB's increase was only **+27.85%**, the rebound was obvious—from $0.0000057 to $0.0000156. Market sentiment gradually warmed up, volatility began to narrow, and it looked like something was brewing.
2024 saw a direct doubling, with a gain of **+104.84%**! Rising from $0.0000085 to $0.0000453. The logic behind this rally was clear—the burning narrative continued to ferment, market liquidity improved, and funds started to flow back. The year maintained a strong rebound stance.
But 2025 hit a sudden brake. The decline was **-61.14%**, peaking at $0.0000250 and dropping to a low of $0.0000068. The overall market was weak, sentiment cooled, and prices came under pressure again.
Looking at this five-year cycle, SHIB is like an illustration of the eternal themes in the crypto market—cyclical rotation, emotional battles, and data support intertwined. Those aiming to buy the dip look at the data, those trying to sell the top watch the sentiment, but ultimately, everyone must respect the market's true direction.