Shiba was never really a serious coin that should be going high anyway. I hope that it goes down a lot and stops taking money from crypto investors. You have to realize that when there is money going towards these type of shitcoins, that money is taken out of crypto market for some time, and all those people who lost money will have a hesitation to get back in. Not all of them really, but most of them and that means we are missing some amount of money that could have been used otherwise.
This is the simple reason and based on that I believe that all those shitcoins that ended up not being high at all, should be gone and crash and just be zero hopefully, just so we could focus on the real good ones.