Shiba Inu, the digital asset, exhibited resilience in May despite market uncertainties. Data from Cryptorank revealed a 13.2% increase last month, a notable recovery from the previous year's decline. This positive momentum sets the stage for Shiba Inu's ambitions in June.

June historically spells trouble for Shiba Inu, with consecutive negative closures since its inception. Yet, the current market landscape, featuring the emergence of spot Bitcoin ETF products on U.S. exchanges, offers indirect benefits to Shiba Inu through its correlation with Bitcoin.

Recent advancements within the Shiba Inu ecosystem, including the successful operation of Shibarium and the growth of decentralized applications (dApps), signal increased demand for SHIB. Despite fluctuations in market capitalization, Shiba Inu has demonstrated the ability to maintain momentum, surpassing peers like Cardano and Avalanche.

The combination of recent performance and market trends positions Shiba Inu for a potential breakthrough in June. While outcomes are uncertain, the digital asset's growth trajectory in May hints at a possible reversal of its historical June patterns.