Can Shiba Inu Price Reach $0.0001 ATH?🤯💥📈
Despite a solid year in 2024, Shiba Inu price is yet to hit $0.00008, its all-time high. This has raised questions about whether the meme coin can reach $0.0001. A crypto expert has predicted a 300% surge in Shiba Inu price to a new all-time high.
Shiba Inu Could Reach $0.0001
Shib Knight, a member of the Shiba Inu community, has provided an analysis that has encouraged investors. Support for Shiba Inu appears to be forming at $0.000025. The meme coin’s price could rise from here.
Crypto analyst targets SHIB above $0.0001. The meme cryptocurrency missed its 2021 bull market price target. Instead, it stalled at $0.00008 and fell 90% in the bear market. Shiba Inu appears to have gained enough momentum to retire again. Shib Knight predicts a 350% price increase to reclaim this level. This prediction is more intriguing than that. Crypto investors are interested in the crypto analyst’s prediction. The analyst predicts a Shiba Inu price above $0.0001 in June. Shiba Inu has held its value despite the price drop. In the last day, Bitcoin has fallen below $69,000 again, dragging the market lower. This has caused double-digit losses for many cryptocurrencies in the recent week, but not for all. Meme coins like BONK and PEPE have lost about 22.5% and 14.6%, respectively. Additionally, FLOKI and Dogwifhat have lost nearly 10%.
Shiba Inu has one of the lowest loss ratios among meme coins, behind Dogecoin. Dogecoin has dropped 5.3% and Shiba Inu has dropped 6.2%. This makes the top meme coins the most crash-resistant in the market.
