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# SHIB Down 90% from ATH — Is It Worth $1K of Your Money?
Shiba Inu sits 90% below its all-time high from 4+ years ago. The question everyone's asking: should you buy the dip now, or keep your cash?
Here's the reality check: SHIB is pure hype play, zero utility. No real-world adoption, no killer use case — just community vibes and speculation. It was built on Ethereum to theoretically beat Dogecoin, but the market clearly doesn't care about the tech.
The brutal truth? Its best days are likely behind it. Waning investor interest, no catalyst for recovery to ATH levels anytime soon. Crypto assets with actual utility deserve your capital way more than this meme token.
Bottom line: If you're thinking about throwing $1K into SHIB expecting moon shots, reconsider. There are better plays out there. Meme tokens live on FOMO — once that dies, what's left?