#ShibaInu is currently trading around the 0.00002213 price range on Monday and is down 2% in the day’s trade. #SHIB rallied in Q1 of 2024 and surged by nearly 280% between January to March this year. The spike in price came on the heels of the Bitcoin halving event where BTC touched a new all-time high of $73,737 mid-March.
May April Shiba Inu, however, has lost most of its gains from April to May and is trading on the back burner. This development allows investors to accumulate SHIB at lower prices before the next rise. A leading price forecasting firm has predicted that the SHIB could increase by another 125% in the coming months.
Shiba Inu: It is Estimated that the SHIB Will Increase by 125%
Finder's panel of cryptocurrency experts remains bullish on Shiba Inu and its future price prospects. Finder has revised its forecast that SHIB may increase by another 125% in the coming months. According to the price estimate, the SHIB could reach a level as high as $ 0.00004930, and the tentative timeline given is 2025.
Therefore, if Finder's prediction turns out to be correct, a $10,000 investment made today could increase to $22,500. This means another 12 to 18 months from today for the return on investment (ROI) to reach more than double the price.
Read here to find out a realistic price forecast for when SHIB may reach the 3 Cents milestone. Investors are eagerly waiting for the token's price to increase and provide them with the profit they have always desired. The majority of Shiba Inu investors believe that SHIB is a tool that can bring them millions in profits.
The owners are waiting for the long term and believe that SHIB will be able to repeat Dogecoin's rally in 2021. When this happens, today's Shiba Inu investors can turn into millionaires and live a life of financial comfort.