Mart is here, and for Shiba Holders, it is a month that is difficult to ignore. The coin of memes, currently soaring just above 0.0000145 dollars, does not quite draw a picture of confidence. But if in history there is something to say about this, it may just be calm in front of the storm – or maybe not.
That’s the matter: March was kind to Shibe in the past. Data from Cryptoraank show that on average, token delivered an income of +33.7% during this month. This is nothing, especially in the wild world of crypto.
But before you are too excited, there is a catch. The average return? Less exciting -0.45%. Thus, although the average indicator looks great, the reality is slightly larger than a hit or a miss.
Take, for example, March 2024. Shibe went on an absolute tear, flying by 145%. But then, two marches before that? Not so much. Prices ranged from -9.65% to +0.43%, which is approximately as exciting as observing dry paint.
Now, where it becomes difficult. Shib was not next to everything for so long, so there is no ton of historical data on it. And even if it were, there is a habit of throwing curves on the crypto market. Once everything has expired; The next one falls. The unpredictable does not even begin to cover it.
What does this mean for Shiba in March this year?
Can we see another 33% of jumps? May be. Or maybe not. The truth is that no one knows. We know that volatility is largely guaranteed. For investors, this means control over expectations and be prepared for everything.
