In terms of catalysts, the Shiba Inu coin was listed on many new exchanges throughout the year, and launched the decentralized exchange ShibaSwap in July, Both ShibaSwap and the new exchange listing helped increase liquidity and grow the number of SHIB holders beyond 1.1 million, according to Etherscan.
most of major exchanges list shiba inu due its high daily trading volume and having strong community like doge coin. several product developted during time and market give positive response to this. and now shiba price declining again , is it be sign that golden momentum for shiba already gone or not.