Here’s Shiba Inu Price if Bitcoin Hits $250,000 and $777,000
Shiba Inu will crack unprecedented floor prices should it mirror the trajectory of Bitcoin towards the projected $250K and $777K thresholds.
The crypto market witnessed a brief struggle with bearish forces as Bitcoin re-entered the $70K range this week. In the last two days, Bitcoin experienced a 7.76% dip, retesting the $66K price level. In comparison, Shiba Inu saw a more significant drop, collapsing by 12%.
Meanwhile, Bitcoin has resumed the uptrend, reclaiming a high of $69,220 in the last 24 hours. Altcoins like Shiba Inu have followed suit, with SHIB rallying 6.25% from its earlier low of $0.00002352 to trade at $0.00002499.
As the second phase of the bullish race gradually builds momentum, anticipations continue to run high about Shiba Inu’s potential price point in a scenario where the primary market mover, Bitcoin, establishes all-time highs at ambitious price levels such as $250,000 or even $777,000.
Shiba Inu Price when Bitcoin Hits $250,000
At last check, Bitcoin trades for $68,678. The premier crypto must advance by 264% to potentially hit the $250,000 target.
This price level will elevate Bitcoin’s market cap to approximately $5 trillion, exceeding the combined valuation of Apple and Amazon.
Prominent industry figures with the $250K target for Bitcoin include billionaire Tim Draper and Real Vision founder Raoul Pal.
Meanwhile, analyst Jason Williams, who recently argued for Bitcoin’s $250K outlook, suggested Shiba Inu’s price alongside it. Specifically, Williams proposed $0.05 for SHIB in a scenario where Bitcoin trades at a quarter of a million dollars.
My targets for this cycle: $BTC 250,000 $ETH $10,000 $SOL $6,200 $DOGE $40 $XRP $0.50$ADA $0.50$SHIB $0.05$AVAX $1,000$LINK $480$LTC $800$PEPE $0.10$HBAR $0.10$ICP $3$WIF $3
$BTC $ETH $SOL
#EarnFreeCrypto2024 #btc70k #PEPE #Write2Earrn #MemeWatch2024
