I've been following SHIB lately and I confess I'm curious if it can recover that peak from 2024. Remember when it shot up from $0.000008 to $0.000045? That 462% move was insane, especially with people betting on meme coins again.

Now in April 2026, the token is trading near that entry level from January 2024, like $0.000008. It’s gone up about 14% this year, but far from that high of $0.00004534 reached in March 2024. It’s like starting from the same point and everyone’s wondering: can it go up as much or more this time?

Analysts are divided. Changelly is more conservative, projecting a maximum of $0.00000990 by March 2026 — well below the previous peak. Coincodex is on the same vibe, talking about $0.000009598. But then Telegaon comes in with a much more optimistic view, suggesting SHIB could reach $0.0000543 at some point in 2026, surpassing that record.

What catches my attention is investor behavior. Some people are withdrawing a lot of SHIB from exchanges — yesterday, 361 billion tokens moved to wallets. That reduces selling pressure, you know? Also, there are rumors about a possible ETF dedicated to Shiba Inu, and Grayscale has already highlighted the token as eligible for regulatory approval.

But it’s not all celebration. SHIB’s ecosystem has its issues — the team is somewhat evasive, and focus on other projects continues to impact the moment. So the question remains: can it regain that 2024 shine or will it stay in this oscillation? Everything’s still very open, but the pieces are on the board.