Crypto Analyst Lark Davis Predicts Another Shiba Inu-Style Surge This Market Cycle

Memecoins aren’t dead—they’re just reloading. Popular crypto commentator Lark Davis claims the market hasn’t seen its last explosive, Shiba Inu-like rally.

While institutional investors obsess over Bitcoin ETFs, retail traders could soon fuel another meme-driven frenzy. Davis suggests this cycle’s ’degenerate gambling’ phase—where obscure tokens moon overnight—hasn’t even started.

Just don’t tell your financial advisor you’re trading dog-themed tokens instead of their precious 60/40 portfolio.

Shiba Inu Price in April 2021 CoinMarketCapShiba Inu Price in April 2021 | CoinMarketCap However, a month later, on May 11, 2021, Shiba Inu’s price jumped to $0.00003469. With this price, Shiba Inu’s market cap hit a high of $34.69 billion. This marked a massive 433x increase from the valuation the meme coin had a month before.

Shiba Inu Price in May 2021 CoinMarketCapShiba Inu Price in May 2021 | CoinMarketCap Lark confirmed that besides Shiba Inu, other assets have delivered similar returns, confirming that this remains a pattern within the crypto market. According to him, "there is money to be made" in the crypto market, and there will be a particular time for that.  He noted that such a time might come up this year. In his words, investors have to survive the ongoing market lull and just hold on till those crazy times come up. Currently, shiba inu changes hands at $0.00001479, still down from the May 11 peak.