Here is Shiba Inu Price if SHIB Reclaims Its Peak Dominance and Global Crypto Market Cap Hits $40T

Shiba Inu price could soar to new highs if the meme coin reclaims its peak market dominance from 2021 when the global crypto market hits $40 trillion.

Notably, as the broader crypto market faces a significant pullback amid the recent Bitcoin (BTC) price correction, altcoins such as Shiba Inu have witnessed the largest impact. Specifically, Shiba Inu price has dropped nearly 15% this week, now sitting at $0.00001235.

Shiba Inu Remains Below March 2024 Peak

Discouragingly, this position is far below investor expectations. For context, at the current price, the meme coin is 72% down from its March 2024 peak of $0.00004563. Despite the bull run taking shape since Q4 2024, SHIB has failed even to reclaim this price, much less its October…

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