Shiba Inu (SHIB) has seen a significant 66% price decline over the past year. This continues a trend from its all-time high in October 2021.

The cryptocurrency's market position has dropped considerably. It has fallen from the top 15 to 36th place by market capitalization. 📉

SHIB's potential for recovery is closely tied to Bitcoin's performance. Broader macroeconomic conditions also play a crucial role.

Analysts suggest a potential improvement might occur around 2026. This forecast is contingent on a strong Bitcoin rally. 🚀