Shiba Inu Surges on Regulatory Wins, But Risks Remain

Shiba Inu's price has been trending higher over the last month, increasing by 21% since September 18th. This is a welcome turnaround for the cryptocurrency, which has mostly trended down since early 2025.

The SEC classified Shiba Inu as a commodity in March, and T. Rowe Price has filed for an ETF that could hold the meme coin, among other cryptocurrencies. These regulatory wins are beneficial for Shiba Inu, but they haven't moved the needle noticeably when viewed through a wider lens.

Shiba Inu remains an extremely risky crypto investment, and its price potential may be limited. If it reaches $0.01, it would have a market cap of $5.89 trillion, which is more than double the value of the entire crypto market.