Shiba Inu ($SHIB ) has faced some challenges recently, with a notable 17% downtrend in late November 2024. However, the market's overall sentiment remains optimistic, as a significant number of new investors have bought the dip, potentially positioning SHIB for a rebound. Some analysts are targeting a possible breakout to $0.000030 or higher in the coming days, especially as liquidity increases due to fresh capital inflows.
For the Spell ($SPELL ) token, the price prediction for the remainder of 2024 suggests good growth of 20%. Analysts expect it could see a slight upward trend, with potential prices reaching around $0.00106 to $0.0011 by December. The primary factors driving this potential growth include the broader recovery of the crypto market, especially if Bitcoin ($BTC ) and other major cryptos rally towards the end of the year.