In the third quarter, SHIB shows a cumulative increase of 44.1%, thanks to three consecutive months in the green. Historically, the month of October often has an average return of 167.5%, however this figure almost entirely relies on the spectacular explosion of 2021. After a 24% drop during the month of June, Shiba Inu benefited from the overall rise in the crypto market. The token is heading toward its best third quarter since its launch, even though this sequence will only officially end on September 30.