Forbes Predicts 1700% Shiba Inu Coin Price Rally, Could Shiba Shootout Also Explode?
Shiba Inu has once again captured the spotlight with the token seeing a significant price rise with the recent market uptick.
According to a recent Forbes report, the popular meme coin is projected to grow much further and experience a staggering 1700% price rally into 2025.
As the market buzzes with optimism, it’s clear that meme coins are here to stay, offering lucrative opportunities for those willing to take the plunge.
Forbes Projects Explosive Growth for Shiba Inu
In a recent article, Forbes explored the price growth of the popular Shiba Inu meme coin. The report notes the meme coin’s humble beginnings to becoming the second-largest meme coin by market cap.
Shiba Inu is now in a correction phase, as Forbes pointed out, but it has managed to recover to $0.00002.
The report cites Himanshu Maradiya, the founder and chairman of CIFDAQ Blockchain Ecosystem, stating that predicting the price of Shiba Inu is challenging. However, a realistic prediction for this meme coin sits between $0.0001 and $0.0003 in 2024 and 2025, per Maradiya.
If Maradiya’s prediction comes true and Shiba Inu does soar 1,700% from current prices, that would turn an investment of $2,000 into $34,000 within a year.
On the other hand, Utkarsh Tiwari, chief strategy officer of KoinBX, stated that predicting any crypto price is tricky, including Shiba Inu. His prediction is more conservative, seeing SHIB trade from $0.00003 to $0.00004565 in 2025.
But Shiba Inu isn’t the only Doge meme coin making headlines. Enter Shiba Shootout, a rising star in the meme coin universe that’s quickly gaining traction.
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