Almost every year, April sneaks up on Shiba Inu ($SHIB) with the same predictable twist. March ends with optimism, gains and a sense of forward momentum. $SHIB enthusiasts start talking about the good vibes of Q1, but then - bam - April arrives, and it is as if the coin’s entire attitude shifts.
All the good feelings from March suddenly feel like a distant memory, replaced by the usual slump that traders have come to dread.
Sure, April has a long-term average return of 3.54% as presented by CryptoRank. On paper, that is not too bad. But dig deeper, and you will find something else - a median return of -14.2%. For the past three years, $SHIB has suffered some serious losses each time April rolls around, with even the best April landing a 6.41% drop.
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