With just days left in April, Ethereum’s biggest meme coin Shiba Inu (SHIB) is setting up for what could be a standout month. Historical data points to May as a strong period for SHIB, and if the pattern holds, a 77.8% surge could be next.
Looking back at SHIB’s price history by CryptoRank, May has delivered some of its biggest moves. In 2021, the meme coin skyrocketed over 350% during the month. Even after more muted years, like 2024’s 13.2% gain, the average May return still clocks in at an impressive 77.8%.
That kind of track record is hard to ignore — especially as the meme coin market shows signs of waking up. Still, it’s worth noting that the median May performance is negative, sitting at -1.12%.
The conclusion is that big upside has happened before, but it hasn’t been the norm every year.
Zooming into the recent chart, SHIB has been quietly staging a recovery throughout April. After dipping earlier in the month, the token pushed higher, holding its ground around the $0.0000137 level. It’s not fireworks — not yet, anyway — but the structure is better than it was a few weeks ago. And that’s the setup heading into May.
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Worth to note that seasonality data is a useful guide for crypto, but it’s not a guarantee. To say that when the average move points north by nearly 80%, it tends to catch attention — and for good reason.
If the pattern repeats, Shiba Inu could be on the verge of a breakout that gets noticed far beyond the usual crypto crowd. A 77.8% rally is history. Whether it becomes the headline of May 2025 — that’s the question now.