{
 "@context": "https://clearank.com/llms.txt",
 "@type": "clearank:AssetAnalysis",
 "url": "https://clearank.com/crypto/shiba-inu-shib-usd/",
 "dataUrl": "https://clearank.com/crypto/shiba-inu-shib-usd/data.json",
 "title": "Shiba Inu (SHIB) Price Prediction & Forecast (2026)",
 "description": "Shiba Inu (SHIB) price prediction 2026: is Shiba Inu a buy? CleaRank Financial AI rates it Strong Sell, 15/100, with SHIB 94.3% below its all-time high.",
 "headline": "Shiba Inu (SHIB/USD)",
 "published": "2026-10-25T14:53:50.222322+00:00",
 "modified": "2026-10-27T19:16:05.735+00:00",
 "generated": "2026-10-28T03:26:58.602Z",
 "language": "en-US",
 "publisher": {
  "name": "CleaRank",
  "url": "https://clearank.com/"
 },
 "disclaimer": "Educational and informational only; not financial advice. AI-generated analysis reviewed by Roger Wohlner, Financial Journalist; prices delayed up to 15 minutes.",
 "asset": {
  "ticker": "SHIB/USD",
  "name": "Shiba Inu",
  "type": "Cryptocurrency",
  "exchange": "",
  "currency": "USD",
  "sector": "Cryptocurrency",
  "industry": "Digital Assets",
  "country": null,
  "website": null
 },
 "quote": {
  "price": 0.00000488,
  "previousClose": 0.000004861,
  "change": 1.919e-8,
  "changePercent": 0.3932,
  "open": null,
  "high": null,
  "low": null,
  "volume": null,
  "averageVolume": null,
  "marketCap": 2875417291,
  "fiftyTwoWeekHigh": 0.000010189826421138518,
  "fiftyTwoWeekLow": 0.000004114708380703435,
  "marketOpen": true,
  "asOf": "2026-10-27T19:16:05.000Z"
 },
 "statistics": {
  "pe": null,
  "eps": null,
  "dividendYield": null,
  "beta": null,
  "priceToSales": null,
  "priceToBook": null,
  "revenueTtm": null,
  "grossMargin": null,
  "returnOnEquity": null
 },
 "technicals": {
  "rsi": 37.13,
  "macd": -1.596e-7,
  "sma50": 0.000005378,
  "sma200": 0.00000521,
  "rsiSignal": "Bearish",
  "trend": "Bullish",
  "pricePosition": "Bearish",
  "macdSignal": "Bearish",
  "rating": "Bearish"
 },
 "analysis": {
  "rating": "Strong Sell",
  "score": 15,
  "consensus": "Strong Sell",
  "fairValue": null,
  "analystTarget": null,
  "analystCount": null,
  "wallStreetConsensus": null,
  "generatedAt": "2026-10-27T19:16:05.000Z",
  "priceAtAnalysis": 0.00000488,
  "volatility": {
   "daily": 2.18,
   "risk": "crypto"
  }
 },
 "tradePlan": {
  "bias": "Bearish",
  "conservativeEntry": 0.000004978,
  "aggressiveEntry": 0.00000488,
  "stopLoss": 0.000005326,
  "stopLossPercent": 7,
  "targets": [
   0.000004729,
   0.00000448,
   0.000004231
  ]
 },
 "projections": {
  "basis": "Monte Carlo simulation on historical return distribution, re-run daily; not price targets",
  "years": [
   {
    "year": 2027,
    "downside10th": 0.000002372,
    "base": 0.000004503,
    "upside90th": 0.000008546
   },
   {
    "year": 2028,
    "downside10th": 0.000001679,
    "base": 0.000004155,
    "upside90th": 0.00001028
   },
   {
    "year": 2029,
    "downside10th": 0.000001264,
    "base": 0.000003834,
    "upside90th": 0.00001163
   },
   {
    "year": 2030,
    "downside10th": 9.819e-7,
    "base": 0.000003537,
    "upside90th": 0.00001274
   }
  ]
 },
 "faqCount": 10,
 "atAGlance": {
  "asOf": "October 27, 2026",
  "rating": "Strong Sell",
  "score": 15,
  "evidence": [
   {
    "label": "Trend",
    "text": "Down: the price is below both its 50- and 200-day moving averages ($0.00000538 and $0.00000521)."
   },
   {
    "label": "From its high",
    "text": "94.3% below its all-time high of $0.00008616 (Oct 27, 2021)."
   },
   {
    "label": "Volatility",
    "text": "Daily moves average 2.18% (30-day standard deviation)."
   }
  ]
 },
 "figures": {
  "asOf": "October 27, 2026",
  "earningsReaction": null,
  "insiders": null,
  "drawdown": {
   "years": 5,
   "worstFallPercent": -94.03,
   "peak": "October 2021",
   "trough": "July 2026",
   "recoveredBy": null,
   "recoveryMonths": null,
   "belowThatPeakNowPercent": -92.92,
   "fromHighNowPercent": -92.92,
   "oneYearHoldsPositivePercent": 34,
   "dividendsReinvested": false
  },
  "seasonality": {
   "years": 6,
   "bestMonth": {
    "month": "Oct",
    "averagePercent": 175.16,
    "upYearsPercent": 60
   },
   "worstMonth": {
    "month": "Jun",
    "averagePercent": -15.48,
    "upYearsPercent": 0
   }
  },
  "correlations": null,
  "analystTargets": null,
  "dividend": null,
  "simulation": {
   "year": 2030,
   "base": 0.000003537,
   "percentile10": 9.819e-7,
   "percentile90": 0.00001274,
   "note": "Monte Carlo simulation outcomes, not price targets"
  }
 },
 "sources": [
  "TwelveData",
  "CoinGecko"
 ],
 "sections": [
  {
   "id": "ch-overview",
   "title": "Shiba Inu (SHIB) price prediction today",
   "text": [
    "Where SHIB/USD stands today, and what CleaRank Financial AI makes of it.",
    "Shiba Inu (SHIB/USD): Strong Sell, 15/100 on CleaRank's AI score.",
    "Figures as of October 27, 2026.",
    "Shiba Inu (SHIB/USD) receives a Strong Sell rating from CleaRank, based on a model score of 15/100. Momentum is the largest drag, with the 14-day RSI at 37.1 in the bearish zone and the MACD line negative. The trend points down, since SHIB/USD sits 9.26% under its 50-day average of $0.00000538 and 6.34% under its 200-day average of $0.00000521.",
    "Figures we compute ourselves from SHIB/USD's own price history. Tap one to see it in context."
   ],
   "lists": {
    "SHIB/USD at a glance": [
     "Trend Down: the price is below both its 50- and 200-day moving averages ($0.00000538 and $0.00000521).",
     "From its high 94.3% below its all-time high of $0.00008616 (Oct 27, 2021).",
     "Volatility Daily moves average 2.18% (30-day standard deviation)."
    ]
   }
  },
  {
   "id": "ch-price",
   "title": "Shiba Inu (SHIB) price and trading",
   "text": [
    "The chart, today's range and how far the price has moved over each period.",
    "Pick a period: each tab shows how far SHIB/USD has moved over it, to the last close."
   ],
   "lists": {
    "items": [
     "Price above its 50-day average › The price of $0.00000488 is 9.3% below the 50-day simple moving average of $0.00000538.",
     "Price above its 200-day average › The price is 6.3% below the 200-day simple moving average of $0.00000521.",
     "50-day average above the 200-day › The 50-day average ($0.00000538) is 3.2% above the 200-day average ($0.00000521), the arrangement of a rising longer-term trend.",
     "In the upper half of its 52-week range › The price sits at 13% of its 52-week range, between $0.00000411 and $0.00001019."
    ]
   }
  },
  {
   "id": "ch-fundamentals",
   "title": "Shiba Inu (SHIB) market position",
   "text": [
    "Size, supply and price history against the rest of the market.",
    "How big Shiba Inu is, where it trades against its own history, and how much of it exists.",
    "Size: Shiba Inu ranks #38 by market value, so trading can be thinner than in the largest coins.",
    "Against its high: The price is 94.3% below the all-time high of $0.00008616, set on Oct 27, 2021.",
    "Supply: 100.0% of the 589.50T maximum supply is already in circulation.",
    "CleaRank Financial AI's reading of SHIB/USD's market, adoption and risks.",
    "Shiba Inu (SHIB/USD) carries a market value of $2.9B, and $51.4M changed hands over the last 24 hours. Shiba Inu trades 94.3% under its all-time high of $0.00008616, a gap that shows how far the coin has retreated from its peak.",
    "SHIB/USD's daily returns have a 30-day standard deviation of 2.18%. The coin trades 94.3% below its all-time high of $0.00008616. For as long as the price stays under both moving averages, the downtrend itself is a risk. The price is also 52.11% below its 52-week high of $0.00001019."
   ],
   "lists": {
    "items": [
     "Within 50% of its all-time high › The price is 94.3% below the all-time high of $0.00008616, set on Oct 27, 2021.",
     "Market value above $10B › The market value is $2.9B.",
     "Fixed maximum supply › 100.0% of the maximum supply is in circulation."
    ]
   }
  },
  {
   "id": "ch-analysis",
   "title": "Shiba Inu (SHIB) AI analysis and technical indicators",
   "text": [
    "CleaRank's score and reasoning, the indicators behind it, and what the price moves with.",
    "The score, the reasoning behind it, and what could move the price next.",
    "Shiba Inu (SHIB/USD) changes hands at $0.00000488, under both of its main moving averages. The price sits 9.26% below its 50-day average of $0.00000538 and 6.34% below its 200-day average of $0.00000521. Standing at 13% of its 52-week range, the coin is 18.60% above its 52-week low of $0.00000411. The 50-day average is 3.22% above the 200-day average, and that gap would shrink if the price keeps trading beneath the shorter average. On momentum, the 14-day RSI reads 37.1, in the bearish zone, above the oversold line, with the MACD line negative. The short and long run point different ways: the price fell 17.52% over the past month, rose 5.40% over the past three months and fell 53.00% over the past year.",
    "SHIB/USD stays in a downtrend for as long as it remains under both its 50-day average, now $0.00000538, and its 200-day average, now $0.00000521. A close back above the 200-day average would mark the first sign of a repair. Overhead, the 20-day EMA at $0.00000511 is the first hurdle a recovery would have to clear. The next level below the price is the 52-week low at $0.00000411. The RSI is in the bearish band, a reading that works against a quick recovery.",
    "Momentum and trend for SHIB/USD, from its daily closes.",
    "As of October 27, 2026, with SHIB/USD at $0.00000488, its 14-day RSI is 37.1 (showing bearish momentum without being oversold), its 50-day simple moving average is $0.00000538 and its 200-day is $0.00000521.",
    "Calculated by CleaRank on daily closes as of October 27, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26). How we calculate these",
    "Correlation of daily returns over one year: +1 moves in step, 0 has no link, -1 moves the opposite way.",
    "As of October 27, 2026, SHIB/USD's 1-year correlation of daily returns is +0.36 with S&P 500 (SPY), +0.35 with Nasdaq 100 (QQQ), +0.70 with Bitcoin (BTC) and +0.21 with gold (XAU)."
   ],
   "lists": {
    "items": [
     "RSI Bearish",
     "SMA cross Bullish",
     "Price vs SMA Bearish",
     "MACD Bearish"
    ]
   }
  },
  {
   "id": "ch-plan",
   "title": "Shiba Inu (SHIB) trade plan: entry, stop loss and targets",
   "text": [
    "Entry, stop and target levels from the moving averages and recent volatility. Educational, not advice.",
    "Entry, stop and target levels, sized to your account. Change the bias or the risk and every level updates.",
    "Lower risk, wait for rally",
    "Higher risk, chasing the move",
    "SHIB/USD trades around the clock and can move through a stop before it fills. Educational levels, not financial advice; the full disclaimer is at the foot of the page.",
    "Would this SHIB/USD plan have made money the last ten times?",
    "Your entry, stop and targets are set above. Replay them against SHIB/USD's own history and count how often the target hit before the stop.",
    "How much SHIB/USD tends to move, against the market and on its own."
   ],
   "lists": {
    "items": [
     "Wins vs stops",
     "Best exit",
     "Max drawdown"
    ]
   },
   "links": [
    {
     "text": "Position Size",
     "url": "https://clearank.com/tools/position-size-calculator/"
    },
    {
     "text": "Stop Loss",
     "url": "https://clearank.com/tools/stop-loss-calculator/"
    },
    {
     "text": "Risk/Reward",
     "url": "https://clearank.com/tools/risk-reward-calculator/"
    },
    {
     "text": "P&L Calculator",
     "url": "https://clearank.com/tools/profit-loss-calculator/"
    },
    {
     "text": "Trailing Stop",
     "url": "https://clearank.com/tools/trailing-stop-calculator/"
    },
    {
     "text": "Fibonacci",
     "url": "https://clearank.com/tools/fibonacci-calculator/"
    },
    {
     "text": "Pivot Points",
     "url": "https://clearank.com/tools/pivot-point-calculator/"
    },
    {
     "text": "Win Rate",
     "url": "https://clearank.com/tools/breakeven-win-rate-calculator/"
    },
    {
     "text": "Expectancy",
     "url": "https://clearank.com/tools/trade-expectancy-calculator/"
    },
    {
     "text": "Rug Checker",
     "url": "https://clearank.com/tools/rug-checker/"
    },
    {
     "text": "Trends",
     "url": "https://clearank.com/tools/emerging-crypto-trends/"
    },
    {
     "text": "Replay this plan on SHIB/USDStart free trial · $0 today",
     "url": "https://trade.clearank.com/portfolio/demo?utm_source=clearank&amp;utm_medium=cta&amp;utm_campaign=asset_plan&amp;utm_content=trial7"
    }
   ]
  },
  {
   "id": "ch-risk",
   "title": "Shiba Inu (SHIB) price history and drawdowns",
   "text": [
    "SHIB/USD's worst falls and recoveries, what $10,000 became, and which months have been kind to it.",
    "As of October 27, 2026, SHIB/USD's worst peak-to-trough fall over the period since May 2021 was -94.0% (October 2021 to July 2026); it is still 92.9% below that peak, and 34% of 1-year holding periods ended with a gain.",
    "From weekly closing values. A drawdown is the fall from the highest value reached so far to a later low.",
    "What $10,000 put into SHIB/USD in May 2021 is worth now, against the same amount in the S&P 500.",
    "Against the market: SHIB/USD trailed the S&P 500 over this period: $1,602.63 against $18,478.",
    "A $10,000 investment in SHIB/USD in May 2021 would be worth about $1,603 today, compared with about $18,478 for the same investment in the S&P 500 benchmark.",
    "Which calendar months have been kind to SHIB/USD, and which have not.",
    "Strongest month, October: an average of +175.16%, up in 3 of 5 years.",
    "Weakest month, June: an average of -15.48%, up in 0 of 6 years.",
    "This month, October: has averaged +175.16%, up in 3 of 5 years. Past seasonality does not repeat on schedule.",
    "Over the last 6 years, SHIB/USD's strongest calendar month has been October (average +175.16%, up in 3 of 5 years) and its weakest June (average -15.48%, up in 0 of 6 years).",
    "Average return for each calendar month over the last 6 years, from weekly closing prices."
   ],
   "lists": {
    "items": [
     "Average daily move under 2% › The price has moved 2.18% on an average day (30-day standard deviation of daily returns).",
     "Recovered from its worst fall › The worst fall was 94.0%, from October 2021 to July 2026; the price is still 92.9% below that peak.",
     "Most 1-year holds ended higher › 34% of 1-year holding periods in the last 5 years ended with a gain.",
     "Beat the S&P 500 since the chart begins › $10,000 invested in May 2021 is now worth $1,603, against $18,478 in the S&P 500 (SPY)."
    ]
   }
  },
  {
   "id": "ch-scenarios",
   "title": "Shiba Inu (SHIB) price prediction 2030",
   "text": [
    "Thousands of simulated paths from the price history. A range of outcomes, not a forecast.",
    "Thousands of simulated paths for $10,000 in SHIB/USD, from its own past volatility. The shaded area holds 80% of them.",
    "CleaRank's 4-year Monte Carlo simulation, based on 5 years of price history, projects that a $10,000 investment in SHIB/USD today could grow to about $7,248 by 2030 in the base case, with a 90th-percentile outcome near $26,112 and a 10th-percentile outcome around $2,012. Projections are statistical simulations, not guarantees.",
    "The same simulation in prices, year by year.",
    "CleaRank's simulation projects a price near $0.00000354 for SHIB/USD by 2030 in the base case, from $0.00000488 today (0.7x over 4 years). The 10th-percentile path ends near $0.00000098. These are outcomes of a Monte Carlo simulation run on SHIB/USD's historical return distribution, not price targets.",
    "Method: a lognormal simulation of SHIB/USD's own volatility and capped historical trend, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles. How the simulation works",
    "What would SHIB/USD do to your portfolio?",
    "Add it to what you already hold. Ten-year backtest, the drawdown it brings, and how much of it is just the S&P in disguise."
   ],
   "tables": [
    {
     "caption": "SHIB/USD simulated price paths by year",
     "columns": [
      "Year",
      "10th percentile",
      "Base case",
      "90th percentile",
      "range base today"
     ],
     "rows": [
      {
       "label": "2027",
       "cells": [
        "$0.00000237",
        "$0.0000045",
        "$0.00000855",
        ""
       ]
      },
      {
       "label": "2028",
       "cells": [
        "$0.00000168",
        "$0.00000415",
        "$0.00001028",
        ""
       ]
      },
      {
       "label": "2029",
       "cells": [
        "$0.00000126",
        "$0.00000383",
        "$0.00001163",
        ""
       ]
      },
      {
       "label": "2030",
       "cells": [
        "$0.00000098",
        "$0.00000354",
        "$0.00001274",
        ""
       ]
      }
     ]
    }
   ],
   "lists": {
    "items": [
     "10-year backtest",
     "Drawdown added",
     "Correlation"
    ]
   },
   "links": [
    {
     "text": "Backtest my portfolio with SHIB/USDStart free trial · $0 today",
     "url": "https://trade.clearank.com/portfolio/demo?utm_source=clearank&amp;utm_medium=cta&amp;utm_campaign=asset_longterm&amp;utm_content=trial7"
    }
   ]
  },
  {
   "id": "ch-faq",
   "title": "Shiba Inu (SHIB) price prediction: questions people ask",
   "text": [
    "Answered from the figures on this page, as of October 27, 2026."
   ]
  },
  {
   "id": "ch-related",
   "title": "Compare Shiba Inu (SHIB) with similar assets",
   "text": [
    "Assets people compare with this one."
   ],
   "links": [
    {
     "text": "APT/USD Aptos $0.6979 +1.26%",
     "url": "https://clearank.com/crypto/aptos-apt-usd/"
    },
    {
     "text": "STRK/USD Starknet $0.0466 +1.84%",
     "url": "https://clearank.com/crypto/starknet-strk-usd/"
    },
    {
     "text": "GALA/USD GALA $0.00177 +3.89%",
     "url": "https://clearank.com/crypto/gala-usd-crypto-analysis/"
    },
    {
     "text": "BCH/USD Bitcoin Cash $291.46 +3.59%",
     "url": "https://clearank.com/crypto/bitcoin-cash-bch-usd/"
    },
    {
     "text": "JUP/USD Jupiter $0.2743 -1.61%",
     "url": "https://clearank.com/crypto/jupiter-jup-usd/"
    },
    {
     "text": "DOGE/USD Dogecoin $0.0793 +2.30%",
     "url": "https://clearank.com/crypto/dogecoin-doge-usd/"
    },
    {
     "text": "TIA/USD Celestia $0.5355 -2.12%",
     "url": "https://clearank.com/crypto/celestia-tia-usd/"
    },
    {
     "text": "CHZ/USD Chiliz $0.0128 +0.75%",
     "url": "https://clearank.com/crypto/chz-usd-crypto-analysis/"
    },
    {
     "text": "DOGE/USD vs SHIB/USD Comparison Head-to-head analysis →",
     "url": "https://clearank.com/compare/doge-vs-shib/"
    },
    {
     "text": "XAU/USD vs XPT/USD Comparison Head-to-head analysis →",
     "url": "https://clearank.com/compare/gold-vs-platinum/"
    },
    {
     "text": "VGT vs FTEC Comparison Head-to-head analysis →",
     "url": "https://clearank.com/compare/vgt-vs-ftec/"
    }
   ]
  }
 ],
 "faq": [
  {
   "question": "Is Shiba Inu (SHIB/USD) a buy right now?",
   "answer": "The Strong Sell rating comes from a model score of 15/100. The biggest drag is momentum: the 14-day RSI of 37.1 is in the bearish zone and the MACD line is negative. This describes the data on this page and is not a personal recommendation."
  },
  {
   "question": "How has Shiba Inu (SHIB/USD) performed over the past year?",
   "answer": "The price has fallen 53.00% over the past year. Across shorter spans it has moved the other way in part: up 5.40% over three months, but down 17.52% in the last month. Presently it stands 52.11% under its 52-week high of $0.00001019."
  },
  {
   "question": "What are the key price levels for SHIB/USD?",
   "answer": "Overhead, the nearest levels are the 20-day EMA at $0.00000511 and the 200-day SMA at $0.00000521. On the downside, the 52-week low at $0.00000411 is the level to watch."
  },
  {
   "question": "How volatile is SHIB/USD?",
   "answer": "On an average day SHIB/USD's price moves 2.18%, based on the 30-day standard deviation of its daily returns."
  },
  {
   "question": "What is the 52-week range of SHIB/USD?",
   "answer": "Over the past 52 weeks, SHIB/USD has moved between $0.00000411 and $0.00001019. With the price at $0.00000488, it sits at 13% of that span, 18.60% above the low and 52.11% below the high."
  },
  {
   "question": "Is SHIB/USD in an uptrend?",
   "answer": "No. Shiba Inu (SHIB/USD) trades at $0.00000488, below both its 50- and 200-day moving averages ($0.00000538 and $0.00000521). Its 14-day RSI on daily closes is 37.1, showing bearish momentum without being oversold."
  },
  {
   "question": "What is SHIB/USD's biggest drop in the period since May 2021?",
   "answer": "Shiba Inu (SHIB/USD)'s worst peak-to-trough fall over the period since May 2021 was -94.0%, from October 2021 to July 2026. It has not regained that peak yet and is still 92.9% below it. Over the same period, 34% of 1-year holding periods ended with a gain."
  },
  {
   "question": "How far is SHIB/USD from its all-time high?",
   "answer": "Shiba Inu (SHIB/USD) is 94.3% below its all-time high of $0.00008616, set on Oct 27, 2021, at a price of $0.00000488."
  },
  {
   "question": "What are SHIB/USD's best and worst months?",
   "answer": "Over the last 6 years, October has been SHIB/USD's strongest month on average (+175.16%, rising in 3 of 5 years) and June its weakest (-15.48%, rising in 0 of 6 years). Seasonal averages describe the past and do not predict a given year."
  },
  {
   "question": "How closely does SHIB/USD move with the stock market?",
   "answer": "Over the past year SHIB/USD's daily returns were weakly correlated with the S&P 500 (SPY) (+0.36). Nasdaq 100 (QQQ): +0.35; Bitcoin (BTC): +0.70; Gold (XAU): +0.21. A figure near +1 means the two usually move together; near 0 means little relationship."
  }
 ],
 "related": {
  "peopleAlsoWatch": [
   {
    "ticker": "APT/USD",
    "name": "Aptos",
    "price": "$0.6979",
    "change": "+1.26%",
    "url": "https://clearank.com/crypto/aptos-apt-usd/"
   },
   {
    "ticker": "STRK/USD",
    "name": "Starknet",
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      "text": "The Strong Sell rating comes from a model score of 15/100. The biggest drag is momentum: the 14-day RSI of 37.1 is in the bearish zone and the MACD line is negative. This describes the data on this page and is not a personal recommendation."
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      "text": "Over the past 52 weeks, SHIB/USD has moved between $0.00000411 and $0.00001019. With the price at $0.00000488, it sits at 13% of that span, 18.60% above the low and 52.11% below the high."
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      "text": "Shiba Inu (SHIB/USD)'s worst peak-to-trough fall over the period since May 2021 was -94.0%, from October 2021 to July 2026. It has not regained that peak yet and is still 92.9% below it. Over the same period, 34% of 1-year holding periods ended with a gain."
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      "text": "Shiba Inu (SHIB/USD) is 94.3% below its all-time high of $0.00008616, set on Oct 27, 2021, at a price of $0.00000488."
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      "text": "Over the last 6 years, October has been SHIB/USD's strongest month on average (+175.16%, rising in 3 of 5 years) and June its weakest (-15.48%, rising in 0 of 6 years). Seasonal averages describe the past and do not predict a given year."
     }
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      "text": "Over the past year SHIB/USD's daily returns were weakly correlated with the S&P 500 (SPY) (+0.36). Nasdaq 100 (QQQ): +0.35; Bitcoin (BTC): +0.70; Gold (XAU): +0.21. A figure near +1 means the two usually move together; near 0 means little relationship."
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}