Shiba Inu: If Bitcoin rises to $125,000, can SHIB reach $0.0001?
Bitcoin has reached a new high again! Let's talk about whether if Bitcoin rises to $125,000, can Shiba Inu (SHIB) also rise to $0.0001?
The cryptocurrency world just mentioned that Bitcoin broke the record of $97,836.61 early today. This surge is expected to take other assets along for the ride. With Bitcoin soaring this high, Shiba Inu is also trying hard to break through the barrier of $0.00003.
By the way, have you seen the competition between Ripple (XRP) and Cardano? Which one can break the record first is really exciting.
Back to SHIB, the price has been quite volatile recently, but overall it has gone up. Although there was a slight pullback on the daily chart, with declines of 1.4% and 7.4%, looking at other times, it's still profitable. Especially since November 2023, it has risen by 30.6% over 14 days, and on the monthly chart, it also has a 30.5% increase, with an annual increase of 188%!
Now we just want to know, if Bitcoin really rises to $125,000, can SHIB also drop a few zeros and directly surge to $0.0001? If it really reaches that price, SHIB would set a new historical high. Based on the current price, that would require a 314% increase!
This wave of adjustment will refine true gold, find a strong coin with a strong backing, and that rises against the trend; the next high-multiple target will be based on its performance! Like and comment, and if it reaches 88, I will announce it!
