Shiba Inu Coin price skyrockets, could soar by 3330%? Will SOL and meme coins take off? Should we follow the ETF?
In this bull market, Shiba Inu Coin's price directly surged to $0.000024 due to fast coin burning and many activities from large whales. Although there was a slight pullback afterwards, the trading volume surged, indicating a potential long-term rise.
In this bull market, Shiba Inu Coin relied on fast coin burning and active big whales, with the price soaring above $0.000024. Although there was a dip after a rise as people wanted to cash out for profits, the increased trading volume suggests that Shiba Inu Coin will continue to rise long-term.
Moreover, if Solana's ETF is approved, the price of SOL could reach new highs. The market is closely watching December, anticipating further increases this month. If the prices of these two coins continue to rise, they may break records this year.
Shiba Inu Coin burns over 290,000 coins, price skyrockets
In the past month, Shiba Inu Coin has risen by 54%, and retail investors are making a fortune. The fast coin burning has also driven up the price, with 290,321 coins burned in just one day on November 18. Shiba Inu Coin is no longer just a meme coin; its technology is becoming increasingly popular in the market, and everyone is looking forward to its potential in the broader world, possibly experiencing a massive explosion through the ETF.
Big whales are also hoarding Shiba Inu Coin, preparing for long-term growth in December. Experts have stated that if Shiba Inu Coin can stabilize at $0.000024 during a bear market, the price might soar to $0.00003 before dawn next year.
Solana ETF is coming, SOL price surges
Solana also saw gains this week, breaking through $245. DEX trading volume has reached $70 billion, with whales hoarding and investors feeling confident. SOL has risen by 54.9% this month, continually reaching new highs.
Everyone is watching the Solana ETF that the Trump administration is expected to launch. An expert named Sigel mentioned that if the ETF is approved, trading could begin by the end of next year, and Solana's price will have to rise.
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