Yes I agree with you, the significant price growth that SHIB coin managed to get before was certainly due to Elon Musk being willing to promote it but now it seems Elon Musk has left it as he no longer tweets on his Twitter about SHIB Coin thus making his current popularity start fade slowly because it no longer gets the attention of investors who have large capital.
I think in the future coin SHIB will have the same fate as coin memes in general.
I'm sure it will be for the Shiba Inu too because as long as Elon Musk has abandoned the Shiba Inu, I've seen never another big pump happen to the Shiba Inu and now I see more of a drop in the Shiba Inu than an increase in the market.