Recently, I noticed a pretty interesting movement with Shiba Inu. Here’s the deal: at the start of 2024, this token rose from around $0,000008 to $0,000045—that’s a crazy 462% increase in a short time. Now we’re in April 2026, and traders are starting to ask again whether SHIB can repeat that kind of performance and shed a zero from its price.

The current market conditions are quite interesting to analyze. SHIB is now trading at levels similar to early 2024—right before that big rally happened. Last year, SHIB was quite volatile: it started the year at $0,00002115 but eventually fell to $0,000006904 at the end of December. Even though there were bullish hopes, the promised rally didn’t fully materialize. But in December 2024, there was a spike to $0,00003329, so momentum is still there.

According to several price prediction platforms for 2026, the projections vary. Changelly is a bit conservative—they predict SHIB could rise to $0,00000990 in March 2026, which is still far below the March 2024 peak. Coincodex also has a similar prediction, about $0,000009598, which would be only a 21% increase from the current level. But Telegaon has a more optimistic view—they say SHIB could reach $0,0000543 this year, and even surpass the 2024 all-time high. So there’s a significant difference between bearish and bullish projections.

What’s interesting is that several bullish factors are starting to emerge. Grayscale has a thesis that Bitcoin is shifting from a 4-year cycle to a 5-year cycle, which could trigger a major rally in the overall crypto market, including altcoins like SHIB. Investors are also increasingly withdrawing SHIB from exchanges—yesterday, about 3610 billion tokens were removed from exchange supply, which reduces sell pressure. Speculation about a spot ETF for Shiba Inu continues to pop up, and there are indications that regulators are considering this token.

Of course, a rally isn’t guaranteed. SHIB still has internal challenges within its ecosystem, and the team’s constantly shifting focus could be a hurdle. So while the 2026 price predictions for SHIB look promising from some angles, there are still many variables to consider before we can be confident about a recovery to 2024 levels.