If a #memecoin๐๐๐ has been on a roller coaster lately, itโs definitely Shiba Inu. Sometimes at the top, sometimes at the bottom, it has been making headlines in the crypto market. But, surprise! Some analysts believe that the best is yet to come. Focus on predictions that turn heads and impressive figures that could revive this altcoin.
Shiba Inu: A quick rise of 235% expected?
As the crypto market wobbles under the shocks of bitcoin, Shiba Inu seems to be holding strong. After hitting a critical threshold of $0.0000185, $SHIB
has rebounded impressively, recording a 28% increase and settling at $0.00002216.
According to analyst Dollars Maker, the potential for growth is enormous:
First step: an increase of 92%, reaching $0.00003339;
Second level: a progression of 163%, flirting with $0.00004566;
Ultimate goal: a spectacular rise of 235%, setting the target at $0.00005816.
For reference, the last annual peak of SHIB, in March 2024, was $0.000045. If the forecasts turn out to be accurate, this memecoin could shatter its previous record. Dollars Maker, quoted on TradingView, states: โItโs only a matter of time before SHIB reaches these heights.โ