Shiba Inu Plunges 59% from Its Peak, Why Did 10,000 New Investors Flock in Just Four Days?

▲ Shiba Inu (SHIB)/AI Generated Image ©

Market attention is focused on Shiba Inu (SHIB), a leading meme coin that had been mired in a prolonged price decline and sluggishness, as over 10,000 new investors have suddenly poured in. This is interpreted as a strong influx of preemptive buying, aiming for a massive rebound of the meme coin after it bottomed out, spurred by signs of easing geopolitical tensions in the Middle East.

According to cryptocurrency specialized media Watcher.Guru on April 25 (local time), data from the blockchain analysis platform Etherscan confirmed that the number of Shiba Inu holders explosively increased by over 10,000 in just four days between April 19 and 22. This represents an unprecedented level of strong capital inflow, especially considering that Shiba Inu has been on a continuous downward trajectory since December 2024.

Shiba Inu, which received enthusiastic support from numerous investors who entered the market during the 2021 bull run, made history by recording an all-time high of $0.00008616 just over a year after its launch. However, it has since struggled severely to regain its past momentum. According to CoinGecko data, it has achieved a slight price rebound, rising 3.3% in the last 14 days, 0.5% in 7 days, and 0.2% in 24 hours, but it is still down 0.4% on the monthly chart and remains at a dismal level, having plummeted a staggering 59% compared to April 2025.

Despite such dismal long-term returns, Shiba Inu's popular brand power remains strong. Thanks to the lingering effects of its record price surge shown in 2021, Shiba Inu still firmly holds the top spot as the most traded cryptocurrency in India, a country with a population of 1.4 billion.

The media cited a potential agreement between the U.S. and Iran as a macroeconomic positive, being the key reason for the rapid increase in the number of holders in such a short time. As the flames of the lingering Middle East conflict began to cool, showing signs of improving overall investor sentiment, investors expecting a strong market reversal in the future started to eagerly accumulate meme coins at their bottom.

However, unlike the surging buying interest, it is difficult to be certain of an immediate significant price increase. The Middle East issue remains shrouded in uncertainty, and crucially, the likelihood of a benchmark interest rate cut that would supply massive liquidity to the market in April 2026 is very low. Therefore, despite the fervent hopes of the explosively increasing investors, it is diagnosed that Shiba Inu is likely to continue a boring sideways trajectory, searching for direction for the time being.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*