The Bitcoin halving event is scheduled to take place around April 21, 2024, and has left most people both excited and anxious.
Bitcoin has a lot of demand and less supply, so it's price is expected to scale up in the charts. Shiba Inu price which moves in tandem with BTC, therefore, is also expected to rise.
Leading price prediction firms forecast that SHIB could rise by another 220% or more from its current price and breach its previous all-time high of $0.00008618, which it reached in October 2021.
According to these price predictions, SHIB could hit a new all-time high of $0.000094 in the days leading up to the Bitcoin halving. That’s a spike of close to 235% from its current price of $0.000027. Therefore, an investment of $1,000 made today could turn into $3,350 if the price prediction turns out to be near accurate.
I am standing by you see how this plays out with some of my own funds.
Do your own research and think well before you dive in. Crypto investment could be risky.
