In March of this year, after the Bitcoin halving event, Shiba Inu (SHIB) performed remarkably, soaring nearly 280% in a short period! However, the excitement did not last long, and SHIB's price began to decline, only to make a comeback on the charts in November 2024.
In March of this year, after the Bitcoin halving event, Shiba Inu (SHIB) performed remarkably, soaring nearly 280% in a short period! However, the excitement did not last long, and SHIB's price began to decline, only to make a comeback on the charts in November 2024.
After Trump's victory, SHIB surged nearly 50%, currently trading at $0.000024. However, leading on-chain indicators and prediction company CoinCodex forecast that Shiba Inu's price might double this month. The company stated that SHIB's price is consolidating and ready to rise again.
The latest prediction is here! By the end of this month, Shiba Inu (SHIB) is expected to see an astonishing increase of up to 101%!
According to the latest analysis, this dog-themed cryptocurrency may break through the $0.000048 barrier and become the focus of many investors.
For fans of Shiba Inu, the end of November will be an exciting time. The possibility of a price doubling has led many to regain confidence in this 'little brother of Dogecoin'!
"The expected trading range for Shiba Inu's price is between $0.00001965 and $0.00004862. Compared to the current exchange rate, this could yield a potential investment return of 101.30%," the price prediction stated.
Shiba Inu: SHIB price may double
When meme coins suddenly surge, their performance on the charts is truly astonishing, often leaping ahead and surpassing previous records! In just two weeks, a rise of 101% is mind-boggling. Compared to other financial assets, only cryptocurrencies can double investors' funds in such a short time, undoubtedly offering great opportunities for those willing to take risks.
In addition to the price doubling, the dream of reaching 1 cent still exists, which is the most important goal that investors are waiting for. When Shiba Inu reaches the $0.01 mark, current investors (long-term holders) can make a substantial profit.
Of course, the market is ever-changing, with risks and opportunities coexisting. While meme coins have shown the glimmer of wealth, rational analysis and cautious decision-making are principles that every investor must follow before participating. Who can foresee when the next 'Dogecoin' will rise? Only by continuously paying attention and learning can one find opportunities in this rapidly evolving field!
