Crypto Analyst Predicts Shiba Inu Price to Jump 5,000% to $0.001 - Here's When
Crypto analyst Armando Pantoja recently outlined his price targets for several cryptocurrency tokens following the fast-approaching Bitcoin halving. While he included price targets for Bitcoin and Ethereum, his ambitious price target for Shiba Inu (SHIB) caught the attention of the crypto community.
Pantoja predicted in a post on X (formerly Twitter) that the Shiba Inu's value could rise to $0.001 after the Bitcoin halving occurs later this month. As expected, this price forecast raised eyebrows given SHIB's current price level. Moreover, the rise to $0.001 represents a 5,000% gain for the meme coin, which appears to have already exhausted its bullish momentum in the 2021 bull trend, having recorded a 46,000,000% price increase.
Interestingly, Pantoja's forecast is not the most optimistic Shiba Inu price forecast at the moment. Cryptanalyst Ali Martinez previously predicted that the meme coin could rise to $0.011, although he did not specify when.
