Analyst Capt. Parabolic Toblerone predicts a 2,492% increase in Shiba Inu (SHIB) to $0.00045 based on the Elliott Wave pattern. Despite recent market downturns, his updated wave structure suggests a significant price recovery for SHIB, with potential waves pushing the price to new highs. His analysis also notes a possible correction wave but maintains an overall bullish outlook, highlighting SHIB's current oversold state as a reversal indicator.

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