Ethereum

Bitcoin

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Shiba Inu

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Shiba Inu's token, <a href="https://u.today/shiba-inu-this-key-challenge-awaits-shib-as-it-looks-to-move" rel="noopener noreferrer nofollow">SHIB</a>, appears to be heading for an unprecedented downturn as August draws to a close, marking the first instance of negative performance since its inception three years ago. The token's <a href="https://cryptorank.io/price/shiba-inu" rel="noopener noreferrer nofollow">track record</a> shows an impressive history, with August gains of 10.1% in 2021 and 3.36% in 2022. However, this year's August is poised to conclude with a disappointing 4.2% drop. 
September emerges as a pivotal month for this popular cryptocurrency, as historical data unveils a mixed narrative. Over the years, the <a href="https://u.today/shibarium-receives-major-boost-as-shiba-inu-shib-partner-launches-own-validator-node" rel="noopener noreferrer nofollow">Shiba Inu</a> token has experienced a roller coaster ride in September, with an average profitability of -0.89% since 2021. Notably, the past two years witnessed a 4.65% gain and a 6.43% loss, respectively, showcasing the volatile nature of SHIB's September trajectory. 
<img alt data-entity-type="file" data-entity-uuid="986c7e5c-c7a3-425a-b4ec-1b7f935f86b7" src="https://u.today/sites/default/files/inline-images/9d1b07d3180297ad06d99981.png">SHIB's&nbsp;Monthly Returns by <a href="https://cryptorank.io/price/shiba-inu" rel="noopener noreferrer nofollow">CryptoRank</a> 
Drawing parallels from the larger crypto market, <a href="https://u.today/5th-biggest-mysterious-bitcoin-wallet-owner-is-somebody-totally-unexpected-report" rel="noopener noreferrer nofollow">Bitcoin</a> and <a href="https://u.today/vitalik-buterin-moves-millions-worth-of-ethereum-to-this-address-heres-why" rel="noopener noreferrer nofollow">Ethereum</a> present intriguing insights. BTC's average September returns since 2013 stand at -6%, while ETH, a more relevant comparison due to its altcoin status like SHIB, paints a grimmer picture with an average return of -14.1%. 
<img alt data-entity-type="file" data-entity-uuid="1a7ea6f9-3bb0-4301-a29a-cae9d09e1646" src="https://u.today/sites/default/files/inline-images/SHIB_1M_graph_coinmarketcap_3.jpeg">SHIB to USD in August by <a href="https://coinmarketcap.com/currencies/shiba-inu/" rel="noopener noreferrer nofollow">CoinMarketCap</a> 
Analyzing SHIB's September potential in a different light, we turn to <a href="https://u.today/dogecoin-doge-ready-to-move-theres-one-more-trigger-needed" rel="noopener noreferrer nofollow">Dogecoin (DOGE)</a>, a historical sibling in the crypto world. DOGE's average September gain hovers around 14.5%, predominantly driven by standout years like 2014 and 2018. Nevertheless, a more reliable indicator, the median profitability of -4.07%, tempers expectations. 
As the SHIB community looks ahead to September, caution is advised. The crypto market thrives on surprising trends and unexpected turns, making resilience and adaptability paramount for investors.

Shiba Inu Price Decoded: Here's What SHIB Community Can Expect in September

U.Today

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