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🔥💥Shiba Inu Super Cycle Begins: Will SHIB Reach $0.0001 After Bitcoin Halving?
#ShibaInu (SHIB) enthusiasts are looking to the future with optimism amid the surge. Despite the recent price drop, a tweet from #SHIB team member Lucie has rekindled hopes of a potential supercycle for the popular meme-inspired cryptocurrency.
Lucie said : "Walk away. As far as I can see, we are still on the path of a super cycle. It is never a straight line to heaven. 2024/2025 will be interesting.”
As far as I can see, we are still on the path of a super cycle. It is never a straight line to heaven.
2024/2025 will be interesting. $BTC x $SHIB
- 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO 🧜🏼♀️ (@LucieSHIB) April 17, 2024
Changelly analysts also repeat this view and predict that the SHIB may reach the level of $ 0.0001 by December 2027. Although this goal may seem distant, the upcoming Bitcoin halving event in 2024 has the potential to catalyze bullish market sentiment that could accelerate SHIB's growth trajectory.
April 2024 SHIB Price Forecast
Crypto experts have presented a forecast for the performance of SHIBA Inu in April 2023 based on price fluctuations in early 2024. The average SHIB exchange rate is expected to be around $0.0000303, the minimum price is expected to be $0.0000224 and the maximum price is expected to be $0.0000382.
The Potential Impact of Bitcoin Halving
The Bitcoin halving event, which occurs approximately every four years, has historically been a catalyst for a market-wide upward trend.
If the market starts to rise after the Bitcoin halving that will take place in 2024, it is possible that SHIB will benefit from increased investor interest and market momentum. Some think that under these favorable conditions, the SHIB could potentially reach the level of $ 0.0001, which represents a significant increase compared to its current price.
Although the expectation of a super cycle and the target of $ 0.0001 are exciting for SHIB owners, it is necessary to approach these forecasts cautiously.
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