Shiba Inu long-term proponent Mazrael has pushed back against claims that $SHIB could take an extremely long time to reclaim its all-time high ($ATH).
According to Mazrael, Shiba Inu only needs to eliminate one zero from its current price to return to its previous $ATH. He made the argument while responding to a critic who questioned whether $SHIB holders could survive long enough to wait for the token to eliminate two zeros.
The critic invoked the biblical figure Noah, who is traditionally described as having lived for nearly 1,000 years. However, Mazrael suggested that the comparison overlooks $SHIB’s historical volatility and the progress its ecosystem has made since the 2021 bull market.
$SHIB Needs a 16.7x Rally to Revisit Its $ATH
Mazrael pointed to Shiba Inu’s previous $ATH of $0.00008616. At the time of his commentary, $SHIB had five leading zeros after the decimal point, compared with four at its peak.
Based on that price difference, Mazrael estimated that $SHIB would need a 16.7x increase to revisit $0.00008616 from its price of $0.000005159. However, he argued that such a rally should not automatically be viewed as a multi-century proposition.
To support his argument, Mazrael highlighted $SHIB’s historical price performance. According to him, $SHIB has achieved a 16.7x increase within a single week on 12 separate occasions, with three of those rallies occurring within just three days.
Moreover, he noted that $SHIB removed its last zero in only two days. Therefore, Mazrael believes another major rally could potentially eliminate the remaining zero much faster than critics anticipate.
Mazrael Highlights $SHIB’s Growing Recognition
Meanwhile, Mazrael argued that the Shiba Inu ecosystem has changed considerably since $SHIB reached its $ATH in 2021. He pointed to several developments that he believes have strengthened the token’s broader recognition.
For instance, Mazrael referenced developments involving the U.S. SEC and CFTC in March 2026, emphasizing that $SHIB was included among 16 digital commodities.
He also highlighted Japan, where he said the Financial Services Agency (FSA) has cleared $SHIB. Additionally, he pointed to Nomura’s Laser Digital, which lists $SHIB alongside assets such as Bitcoin, Ethereum, XRP, Bitcoin Cash and Litecoin.
Mazrael further emphasized that $SHIB is the only meme coin included in that particular Laser Digital asset group.
Furthermore, he pointed to growing access to $SHIB in Europe. Specifically, he referenced Valour’s $SHIB exchange-traded product (ETP), which trades on Sweden’s Spotlight Stock Market. According to Mazrael, the product gives investors another way to gain $SHIB exposure through a conventional brokerage account using Swedish krona.
SHIBArmy Remains Strong, Mazrael Says
The discussion followed a question from Chinese crypto influencer Wang Duanniao, who questioned whether the Shiba Inu community still exists.
In response, Mazrael highlighted several factors that he believes demonstrate the continued strength of the SHIBArmy. These include Shibarium, Shiba Inu’s Layer-2 network on Ethereum, $SHIB’s position among major meme cryptocurrencies, its availability on leading centralized exchanges, and its growing recognition across the United States, Japan and Europe.
Ultimately, Mazrael argued that the Shiba Inu community remains active and committed despite the token’s prolonged decline from its 2021 peak.