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Shiba Inu (SHIB) Faces Challenges: What to Expect in September?

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by Giorgi Kostiuk

an hour ago

Shiba Inu cryptocurrency (SHIB) begins September with unfavorable market indicators. The coin's price is set to impact its short-term future.

Current SHIB Situation

In Q1 2025, SHIB lost over 41% of its value and another 7.8% in Q2. Despite a slight 6.7% recovery in Q3, it is insufficient to overcome the year's losses.

Historical Trends in September

Historical data for SHIB shows mixed results in September: it grew 26.6% in 2022 but fell 8.2% in 2023. The average return for September is only +3.3%, providing little confidence for potential growth.

Possible Future Predictions

Historically strong quarters often lead to sharp corrections. For example, a nearly 200% rise in Q1 2024 was followed by a 44% drop in Q2. Currently, the question remains whether September can prevent further decline.

The situation surrounding Shiba Inu appears unstable, and September could be a crucial indicator for its future in the cryptocurrency market.

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