**Shiba Inu (SHIB) Faces Significant Price Decline & Market Concerns** 📉

Shiba Inu (SHIB) has experienced a substantial 66% price drop since December 2023. This extends a broader decline from its October 2021 all-time high, raising investor concerns within the community.

The popular meme token's market ranking has also shifted significantly. It has fallen from the top 15 to 36th place by market capitalization, reflecting its challenging performance. 📊

Future recovery prospects for SHIB are closely tied to external factors. These include Bitcoin's overall performance and broader macroeconomic conditions in the crypto market. 📈

Market analysts suggest potential improvement could be seen around 2026, primarily if Bitcoin experiences a strong rally, which may positively impact altcoins.