Shiba Inu price has experienced a remarkable 130% surge over the past year, proving its resilience amidst shifting market conditions. Despite facing slight corrections, SHIB continues to trade above the $0.00002 mark, maintaining its bullish momentum. This surge is partly attributed to a recent market rally, fueled by Bitcoin reaching a new all-time high.
With the backdrop of Trump's inauguration, speculation has arisen about Shiba Inu's potential to hit a new all-time high. Such political events often have indirect impacts on market sentiment and could play a role in shaping SHIB's future performance.