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🔥🔥🔥 Market Strategist Tells Forbes When Shiba Inu (SHIB) Could Hit $0.0001:
📌 Shiba Inu (SHIB) has experienced a volatile period, with its price recovering from a recent decline. According to data from CoinMarketCap, the meme coin is currently trading at $0.00001408 and has seen a 17.4% increase from its recent low. As highlighted in a recent Forbes article, experts hold varying perspectives on SHIB’s potential trajectory.
♦️ Bullish Predictions for Shiba Inu:
Himanshu Maradiya, Chairman of the CIFDAQ Blockchain Ecosystem, expressed optimism about Shiba Inu’s future in an interview with Forbes. He forecasts a potential price surge to $0.0001 by the end of 2024, representing a substantial 610% return on investment for current holders.
♦️ Maradiya’s bullish outlook extends further, with a long-term target of $0.0003 by this year, or 2025. For Maradiya’s bullish prediction to come true, SHIB would have to experience a 22-fold increase from its current price.
Conservative Projections:
In contrast, Utkarsh Tiwari, Chief Strategy Officer at KoinBX, cautions that predicting cryptocurrency prices, including Shiba Inu, is challenging due to market volatility. While current optimism suggests Shiba Inu could potentially reach between $0.0000298 and $0.0000396 by the end of 2024, this forecast is speculative. A broader market downturn could negatively impact this projection.
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