SHIB (Shiba Inu) Just Got Wrecked: Down 91% Against Bitcoin (BTC) Since 2021

Talk about a reality check. Shiba Inu (SHIB), the meme coin that had everyone going crazy back in 2021, just hit its lowest point ever against Bitcoin. We're talking about a 91% drop over nearly four years – that's not just bad, that's absolutely brutal.

SHIB vs Bitcoin: It's Been All Downhill

Looking at the charts, it's honestly painful to watch. Since SHIB peaked in late 2021, it's been nothing but red candles and disappointment for anyone holding it against Bitcoin. The monthly chart shows a perfect downtrend – no bounces, no relief rallies, just straight down for almost four years.

Right now, SHIB is trading at 0.000000001124 BTC. Yeah, you read that right – all those zeros. Compare that to when it was sitting pretty at around 0.000000013237 BTC at its peak, and you can see why SHIB holders who were measuring against Bitcoin are probably not having a good time.

The Market Just Isn't Feeling SHIB (Shiba Inu) Anymore

Here's the thing – this isn't just about numbers on a chart. The whole vibe in crypto has changed. Back in 2021, people were throwing money at anything that looked remotely fun or had a dog on it. SHIB was riding that wave hard, going up alongside Bitcoin and Ethereum like they were best buddies.

But now? People are being way more careful with their money. They're sticking to Bitcoin and other "safer" plays instead of gambling on meme coins. And let's be honest – with SHIB's $6.89 billion market cap, it's not exactly the scrappy underdog it used to be. It's become what traders call "heavy" – too big to move fast, but not established enough to be trusted.

Could This Be SHIB's Moment to Bounce Back?

Now, here's where it gets interesting. When something drops 90%, it usually means one of two things: either it's completely done for, or it's about to surprise everyone with a comeback. We've seen this story before in crypto – coins get beaten down so badly that eventually, the market decides they've suffered enough.

The question is whether SHIB still has that magic from 2021. The community is still there, still posting memes and holding on. And sometimes, when Bitcoin starts cooling off and people get bored with the "safe" plays, they start looking for the next big thing again. Could SHIB be waiting for that moment? Maybe. But honestly, after a 91% drop, it's going to take a lot more than good vibes to get this rocket ship flying again.