💥💥💥Shiba Inu Price Could Reach $0.0001 ATH?💥💥💥

Despite a solid year in 2024, the Shiba Inu price has yet to break its all-time high of $0.00008. This raises questions about whether the meme coin can reach $0.0001. A crypto specialist has predicted a 300% increase in Shiba Inu's price to a new all-time high.

Shiba Inu Could Reach $0.0001

Shib Knight, a Shiba Inu community member, provided an analysis encouraging investors. Support for Shiba Inu appears to be formed at $0.000025, potentially allowing the meme coin's price to rise from here. The crypto analyst targets SHIB above $0.0001, a milestone missed in the 2021 bull market when it stalled at $0.00008 and then fell 90% in the bear market.

Shiba Inu seems to have gained enough momentum to rise again. Shib Knight predicts a 350% price increase to reclaim this level, making this prognosis even more intriguing. Crypto investors are keen on the analyst's prediction, forecasting a Shiba Inu price above $0.0001 in June.

Despite falling prices, Shiba Inu has maintained value. Bitcoin dropped below $69,000 again, causing double-digit losses for many cryptocurrencies recently, but not all. Meme coins like BONK and PEPE have lost around 22.5% and 14.6%, respectively, while FLOKI and Dogwifhat have lost nearly 10%.

Shiba Inu has one of the lowest loss rates among meme coins, behind Dogecoin. Dogecoin has plummeted 5.3%, and Shiba Inu has fallen 6.2%, making them the most market crash-resistant top meme coins.

#SHIB #altcoins #Shiba #Shibarium @ShibaInu $SHIB

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