Can Shiba Inu Reach a New All-Time High by 2029?

Shiba Inu (SHIB) has struggled to regain momentum since its 2021 peak, currently trading over 93% below its all-time high. While some analysts suggest SHIB could follow Bitcoin's (BTC) projected 2029 bull cycle, the asset faces significant challenges, including declining popularity and a lack of price correlation with BTC during its 2025 rally. Unlike its 2021 surge, which was driven by a massive token burn from Vitalik Buterin, the asset now faces a potential decoupling from broader market trends.