Attention all SHIB enthusiasts!
Exciting updates from Bangkok: crypto experts and technical analysts are expressing optimism about the future of Shiba Inu (SHIB). They predict a significant rise for this meme cryptocurrency.
Reviewing SHIB’s history, the token saw a sharp increase in price and returns during the first half of 2021. Despite experiencing volatility and occasional declines, the outlook remains positive.
Analysts highlight that while SHIB could potentially drop below $0.00002 or $0.00001822, the current market downturn offers a favorable buying opportunity for long-term investors.
Historical trends indicate that SHIB often experiences sharp declines after shocks but consistently rebounds strongly. For instance, in 2021, SHIB surged by 370% in a short period, setting an annual high. Although the price later fell, it remained above pre-surge levels.
Coach K, a renowned figure in the crypto community, anticipates a SHIB rebound after the summer, similar to the trend in 2021. He refers to this anticipated rise as the "real bull run" phase.
Furthermore, some believe that the next bull run could propel SHIB prices to $0.00024 or higher.
