The big cake has reached a new high! Let's talk about whether SHIB can also rise to $0.0001 if BTC hits $125,000?
BTC broke the record of $99,411 early this morning, and this momentum is likely to push other coins up as well. SHIB, although also rising, is still struggling to break through the barrier of $0.00003.
SHIB has performed well in recent weeks, although there were some pullbacks in between, it has still risen overall. Since November 2023, it has increased by 30.6% over 14 days, 30.5% over a month, and has risen 188% so far.
So, if BTC really rises to $125,000, can SHIB also drop a zero and reach $0.0001?
If SHIB can really hit $0.0001, that would set a new historical high. From the current price to $0.0001, it would need to rise by 314%.
Some say that BTC might reach $125,000 before February 3, 2025, which is just two months away. There are also bank predictions that if Trump wins the US presidential election, BTC could reach that figure too.
However, the CoinCodex platform predicts that by February 3, 2025, SHIB might only be at $0.00002238, which is 7.33% lower than now.
SHIB might still need to adjust in the next few months, but if BTC continues to rise, we might see another big surge. SHIB could rise alongside BTC, and with its current market cap at 12th place, it could even make it into the top 10 with more gains.
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