Surge in Shiba Inu Whale Activity Sparks Speculation of a Possible Price Drop to $0.00002
The recent increase in Shiba Inu whale activity is an important factor for investors and traders to consider. With large trades exceeding $100,000 and trading volume reaching $46.03 million, there are signs that prominent investors are either preparing for profit taking.
Or anticipating further price increases. Large trade volume has increased by 92% in the past 24 hours alone, which may reflect underlying bullish sentiment among whales and investors should keep a close eye on this emerging trend.
In addition to current trading indicators, the Shiba Inu ecosystem continues to grow with projects such as Shibarium, which aims to increase transaction speeds and reduce costs.
Improvements and continued development of the Shiba Inu ecosystem infrastructure may attract more investor attention, further strengthening its market position. With increased whale interest and these improvements, Shiba Inu may set the stage for significant price movement in the near term.
With increased whale trading and a recovery in the overall market, Shiba Inu (SHIB) is well positioned for potential gains. Investors should remain vigilant as these factors (strong whale activity, market recovery, and innovative ecosystem development) could pave the way for SHIB to test the critical price level of $0.00002. Watching these trends closely will be key to understanding whether SHIB can gain sustained upward momentum in the coming days. #SHIB #CZ的“西兰花”梗
TRUMP surges by 50%, leading the meme sector! Is BTC's box fluctuation causing capital outflow? WIF rebounds nearly 40% from oversold levels! PEPE countdown to breakthrough?
Convey the way of trading and enjoy a wise life.
Key Point! Behind the altcoin rebound, BTC's ETF has seen a continuous net outflow of 600 million dollars. Although there was a net inflow yesterday, the amount was only over 70 million dollars, which is a rare phenomenon in recent months.
Recently, Bitcoin consolidated above 100,000 dollars, while altcoins have been in a downward spiral, making it difficult for retail investors who are heavily invested in altcoins, and they must maintain their faith because even though BTC is consolidating at a high level, it cannot be said that a bull market does not exist.
There are ongoing controversies. Some say Bitcoin is in a rising continuation pattern, attacking 150,000 dollars after consolidation. This was the dominant narrative at the end of last year, but it was harshly contradicted in February. Another perspective suggests that it is a top formation for profit-taking, with the key being whether 92K will effectively break. If it breaks, it will certainly lead to a rapid decline.
DOGE Next bull market opportunity, you have to keep an eye on these signals!
Looking at the weekly chart of Dogecoin, it looks like an ascending triangle, with the price swinging around $0.275. If it breaks through $0.3, it may start to rise again, with the target directly pointing to $0.7-1. But if it falls below the support of $0.23, it may fall all the way to $0.15.
Payment and gaming: Platforms such as Twitter X and X.Game have begun to use Dogecoin for payment, which makes Dogecoin more useful in small payments. If more merchants follow up next year, Dogecoin may not just be hyped by everyone.
DeFi and staking: Dogecoin opened the staking function in October 2024, and the money locked in it increased by 40%. If the yield has been good, there may not be so many people rushing to sell Dogecoin.
Market sentiment: Retail investors are very enthusiastic, but institutions have different opinions. In terms of community strength: Dogecoin has more than 5 million addresses and the community is very active. But the problem is that the top 10 addresses hold 35% of Dogecoin. If they want to sell, the price may drop immediately.
In terms of institutional attitude: BlackRock and other large institutions are still watching, but if the SOL ETF is approved and the market becomes larger, Dogecoin may also become the target of the ETF, attracting tens of billions of dollars in funds.
In general, Dogecoin is at a "critical moment" this year, and policy and technological breakthroughs are important. The price may fluctuate greatly in the short term, and it is possible to exceed 50%. Therefore, you have to keep an eye on the 0.25-0.34 range to see whether it is going up or down, and don't be overwhelmed by the excitement of the market!
Is Bitcoin ready to breakout or crash? Will BTC rise to $150,000?
Bitcoin price has remained stable amid market turmoil, holding in the middle zone of the post-election breakout level. In the recent 12% correction, BTC price retested the range low as support and rebounded to the $100,000 mark.
However, it failed to regain support in this area and continues to move sideways in this range. The flagship cryptocurrency has been hovering between $94,000 and $98,000 over the past week and has not been able to hold the $99,000 mark since late January.
Cryptocurrency trader EliZ noted that Bitcoin has been hovering in this “small range” for nearly two weeks, which suggests that the cryptocurrency is about to move out of this consolidation zone “in a big way.” He warned investors that the direction of the flagship cryptocurrency is “almost impossible to predict.”
Notably, market sentiment has diverged recently as Bitcoin’s price action does not seem to reflect positive news. An analyst at Nansem said that the market seems to be temporarily satisfied and "reacts more strongly to negative sentiment than positive news."
Bitcoin rose 577% in 133 days in 2017, while it rose 70% in 56 days in 2021. In addition, he pointed out another signal that may help understand the top of this BTC cycle. "Historically, Bitcoin breaking through its 2-year MA multiplier is a good top signal," the analyst affirmed.
Bitcoin topped after breaking through the 5x multiplier in the previous two cycles. At the same time, it did not reach the top of the previous cycle until "it reached a 5x multiplier - well above the 4x multiplier", which indicates that a decreasing trend may be forming.
However, Jelle confirmed that even if the price of BTC only reaches a 3x multiplier in this cycle, the price is expected to rise significantly. According to the chart, the potential multiplier target for this cycle is the $152,000 mark. As of this writing, Bitcoin is trading at $98,243, up 1.7% on a daily basis. #BTC #BNBChainMeme热潮
10x return potential! These 3 altcoins are expected to rise sharply in February! ! !
1. TRUMP: The perfect combination of politics and finance Trump's official coin (TRUMP) has become a cryptocurrency closely linked to global political and economic trends. Its price fluctuations are often synchronized with major international events, and its market performance is remarkable. Thanks to the high participation of its loyal holders, TRUMP has demonstrated strong market resilience and rich return potential.
Market forecast: With the changes in the global political situation, TRUMP is expected to usher in a new round of gains before the end of February and become the focus of investors' attention.
2. PEPE: The return of the king of meme coins
As a leader in the field of meme coins, the PEPE token has quickly occupied the market with its excellent liquidity and innovative token economics. After only three days of issuance, PEPE's increase exceeded 22,000%, becoming a dark horse in the cryptocurrency market.
Market forecast: Analysts generally believe that PEPE's growth momentum will continue, and it is expected to set new highs this month, bringing rich returns to investors.
3. VIRTUAL: A disruptor in the DeFi space
Virtuals Protocol (VIRTUAL) is redefining the experience of decentralized finance (DeFi) with its efficient blockchain infrastructure and cutting-edge smart contract technology. The price of VIRTUAL tokens has recently exceeded $5, and its market value has exceeded $5 billion, making it a "hot commodity" in the eyes of investors.
Market forecast: With the continuous expansion of the DeFi ecosystem, VIRTUAL is expected to
Yesterday, BTC continued to adjust, and began to break upward in the early morning. There was a slight increase in volume in the 4-hour period, and the trend returned to health. The daily adjustment is about to be completed. It is expected to continue to rise during the day. Pay attention to the changes in volume. You can consider following up on the callback support level. The big cycle expectation is still there. Keep confidence
The second cake followed BTC to consolidate synchronously, with a slight increase. The 4-hour trend returned to health. The daily adjustment is about to be completed. You can consider continuing to follow up on the callback support level during the day
The cottage followed the mainstream to adjust synchronously. Both JUV and FTT have good news. You can consider following up with a small ambush and wait for subsequent progress
Pay more attention to the situation on the BSC chain in the near future. It is expected that a new round of M EME will appear on the BSC chain. Pay attention to the primary market situation. The secondary market can consider BSC series currencies. You can follow up on the callback.
The currency has been built and the quilt is patiently waiting for the market to pick up.
Intraday market analysis
BTC1 hour and 4 hour levels return to healthy levels. The daily level is lower than the healthy level. If the intraday support level stabilizes, you can consider following up. The large cycle expectation is still there. The intraday support is 96500-97000 and the upper resistance is 98500-99000.
ETH1 hour and 4 hour levels return to healthy levels. The daily level is lower than the healthy level. If the intraday support level stabilizes, you can consider following up. The intraday support is 2630-2680 and the upper resistance is 2800-2850.
CZ frequently speaks, BSC chain explodes, but the crypto market continues to fluctuate! Buy the bottom of 3 altcoins that are expected to rise 10 times!
AI16Z
ai16Z has performed well, rebounding after a recent decline, driven by new listings and key partnerships. In just one week, the token has surged 67.76%, reaching an intraday high of $0.5348, with a market value of more than $526 million. However, while the price has risen, the daily trading volume has fallen by 13.14% to $233.09 million.
A major factor behind this surge is wider exchange availability. On January 22, Kraken Pro added ai16Z to its perpetual futures market, enabling traders to trade with leverage. A few days ago, on January 20, dYdX also listed the token, further expanding its market coverage.
Doge
Dogecoin (Doge) is currently one of the best meme coins. However, CoinMarketCap shows that the Dogecoin price has fallen in the past 30 days from $0.30 to almost $0.25. In other words, it has fallen by almost 20% in just a few weeks before this meme minted.
Nevertheless, Marktexpert Trader Tardigrade has a bullish Dogecoin price prediction. According to his X-Post, the doge price will soon be able to rise to $2.20. This prediction has Dogecoin (Doge) running again.
XRP
Just like the doge price, Ripple (XRP) has also had some volatility. According to CoinMarketCap, on the weekly chart, its value has fallen by almost 5%. During this period, the XRP price dropped from $2.50 to almost $2.40. However, the community is still interested in Ripple (XRP) due to some positive statements from analysts such as Dark Defender. He said in a recent message from X that the XRP price could soon exceed $2.70.
Even though the XRP price manages this, traders still bypass it. This is because Ripple’s market cap is around $140 billion.
How will the market respond to the postponement of the expected rate cut?
Timeline analysis:
There is almost no hope for a rate cut in March
No Fed meeting in April
May-June may see the first rate cut this year
Strategic layout:
Before the expectation of rate cuts heats up, the market may need to bottom out step by step. However, local opportunities still exist, such as CAKE and BKAE, which were called by CZ, and doubled in a few days, showing that funds are chasing hot projects.
Can the popularity of the BSC chain drive the rotation of altcoins? Focus on these 3 altcoins with 100x potential in the future market!
OP
As of this writing, Optimism is trading at $1.146. In the price chart over the past 7 days, the token has risen by 7.57%. Its 24-hour volume-to-market cap ratio is 0.1869, showing good liquidity relative to the market cap.
The 14-day relative strength index (RSI) is 48.63, indicating that the market momentum is neutral. This means that the price of OP may fluctuate in a range without showing a clear upward or downward trend. Its 30-day volatility is 21%, which is relatively low, indicating moderate price stability.
Optimism is a second-layer blockchain solution based on Ethereum. It improves the scalability of Ethereum by adopting Optimism Rollups technology
TON
TON has grown from a Telegram-backed project to one of the most powerful blockchain ecosystems today. Its decentralized application (dApp) platform continues to grow rapidly. Lately, the token has experienced some volatility in price, but the overall trend is upward. It has risen by 1.75% in the past 24 hours and is currently priced at around $3.705.
With Telegram's global influence, TON has successfully attracted millions of potential users and dApp developers. In addition, one of the main reasons for Toncoin's growth is its aggressive expansion strategy. Focusing on areas such as decentralized finance (DeFi) and secure messaging, Toncoin is gradually becoming the platform of choice for developers who want to develop on a scalable, secure and fast blockchain.
XRP
XRP's development journey can be described as bumpy, and it has experienced many disputes between Ripple Labs and the US securities regulator SEC. However, once the law clearly rules that XRP is not a security, this asset may usher in a turnaround. Although the current legal ruling has not completely curbed the SEC's pickyness, the good news is that Trump was re-elected as the US President and SEC Chairman Gary Gensler also said he would resign. From November 2024, good news will come one after another.
I think XRP’s bull run will continue in 2025. Ripple’s top management has not stopped, and it is rumored that they have cooperated with Bank of America to use XRP for internal transactions and applied for multiple blockchain patents.
The price of Shiba Inu Coin SHIB has risen slightly recently, reaching around $0.0000164, and the daily level is upward.
This meme coin itself has attracted the attention of many market participants. Most people hold more meme coins, such as shib, doge, and pepe. Today, let's analyze in depth whether shib can reach $1 in 2030.
First of all, we have to understand that it is a big jump for SHIB to rise from its current price to $1. Think about it, its historical highest price is only $0.00008845, which is far from $1, and there are still 6 zeros away. And judging from last year's performance, the price of SHIB has been very volatile, which shows that it is really not easy to reach the goal of $1.
1. Own mechanism: the intrinsic value support of Shiba Inu Coin
1: Deflation mechanism and destruction plan The total supply of Shiba Inu Coin is as high as 100 trillion pieces. This huge supply was once considered the main reason why its price was difficult to rise sharply. However, the SHIB team and community use the token destruction (Burn) mechanism to reduce the circulation and increase scarcity.
2: Development of the ecosystem
Shiba Inu Coin is not just a Meme coin, it is building its own ecosystem, including decentralized exchanges (ShibaSwap), NFT projects (Shiboshi), and future metaverse plans.
ShibaSwap: As the core of the SHIB ecosystem, ShibaSwap allows users to stake tokens such as SHIB, LEASH, and BONE to earn income. This incentive mechanism has attracted a large number of users to participate and increased the demand for SHIB.
NFT and Metaverse: If SHIB's NFT project and metaverse plan can be successfully implemented, it will further expand its application scenarios and attract more capital inflows.
3: The power of the community
SHIB's community is very active and often organizes various activities and initiatives, such as destruction activities, charitable donations, etc. This high level of community participation can continue to inject vitality into SHIB.
External factors: Bitcoin needs to hit new highs again, attract funds to enter the market, and the shipping situation will pick up Finally, the total supply of shib is huge. If the above points can be implemented and the community continues to destroy tokens, it will reach at least 0.003 in 2030. As for $1, we can look forward to it. #SHIB
Last night, many people were probably waiting for CZ to release Doggo. After the launch of Broccoli, at least five projects with the same name competed on the BSC chain, and their market capitalizations were quite impressive! However, surprisingly, the projects that have been released on the BSC chain can actually change their names... In comparison, the gameplay of the SOL chain seems to be more interesting. Yesterday, its market capitalization reached 1 billion US dollars, but today it is almost zero.
Shiba Inu Coin (SHIB) Buy Signal Now, Is the Price About to Enter a Frenzied Surge Mode?
The SHIB ecosystem is continuously expanding, laying a new foundation for improved market sentiment and the popularization of potential applications. Recently, the market has been optimistic about Shiba Inu Coin (SHIB), believing it is likely to break free from its recent sluggish state, based on several indicators showing an upward trend.
As of the time of writing, SHIB has risen 0.95% in the past 24 hours, with a current trading price of $0.00001682. Before this price increase, Shiba Inu Coin experienced a significant decline in recent weeks due to macroeconomic factors. The price of SHIB fell to a low of $0.00001160 in February, far below the peak of $0.00003343 in December. Subsequently, the price quickly recovered slightly above $0.000015, which is comparable to current levels.
However, the overall price of Shiba Inu Coin this year is still in a noticeable downward trend. Shiba Inu Coin is about to welcome an upward market. The TD Sequential indicator on the weekly chart has issued a buy signal. In the cryptocurrency market, the TD Sequential indicator is an important technical analysis tool that helps traders identify potential price reversals, optimizing market timing and trading strategies.
However, past reliance on this indicator to predict SHIB price trends has not always yielded ideal results.
It is worth noting that SHIB is showing a reversal trend with significant upside potential. The target prices set by the platform are $0.00002913, $0.00003612, and $0.00004401.
Their forecasts are based on the analysis that SHIB may break through a descending wedge pattern. Additionally, Shiba Inu Coin has once again tested the multi-week support range between $0.000015 and $0.000011.
According to a recent report by CNF, research from Solberg Invest indicates that if SHIB rebounds from the support level of $0.000018, it could rise to $0.000045. These optimistic forecasts for Shiba Inu Coin were made after significant progress was achieved within the project's ecosystem.
The price of Dogecoin may be preparing for a strong bull market, with hopes of reaching a target of $3. In his report, Burrs discussed the impact of political changes on the cryptocurrency market, emphasizing the recent influence of the U.S. presidential election on Dogecoin's price.
According to Dogecoin's price chart, Burr claims that Dogecoin is repeating historical trends, indicating that a bull market is imminent. The analyst also mentioned the correlation with Elon Musk's Department of Government Efficiency (D.O.G.E), suggesting that future government actions or regulations supporting cryptocurrency will indirectly impact the market.
Additionally, Donald Trump's upcoming inauguration as the 47th President of the United States could trigger the next bullish trend in the cryptocurrency market. Therefore, Burr predicts that Dogecoin's price could soar to $3 on inauguration day.
Considering that Dogecoin's trading price is below $1, the analyst admits that his bullish prediction for this meme coin may be incorrect. Instead, he is focusing on a broader cryptocurrency bull market. He revealed that the market is currently in the early stages of a bull market, providing more room for Dogecoin's growth.
The $3 target price for Dogecoin may be somewhat conservative, as they expect extreme target prices to be around $40 next year. The analyst pointed out that skeptical cryptocurrency experts are unlikely to predict that Dogecoin's price will exceed $3, mainly due to concerns about market capitalization. This suggests that Dogecoin's market cap must exceed that of major cryptocurrencies, possibly surpassing Bitcoin before reaching $40.
In his TradingView post, Burr also highlighted the possibility of Dogecoin's price hitting a new high of $20. The analyst admitted skepticism about the feasibility of this ambitious price leap, contrasting sharply with his earlier confidence in the $3 prediction for Dogecoin's price.
A target price of $20 implies that Dogecoin's price would increase significantly, as the current trading price of Dogecoin is $0.37. Driven by an extremely bullish market environment, favorable market sentiment, and widespread adoption, Dogecoin's price could rise by approximately 5,300%. #DOGE #BNBChainMeme热潮
Which altcoins can be ambushed for bottom-fishing recently! Focus on the currencies with significant benefits
Mainstream coins: SOL, XRP
SOL: SEC has recently accepted ETF applications, and Wall Street capital prefers to invest in SOL rather than LTC.
XRP: As the leader in the payment field, you can also pay attention to its ecological payment-related project HBAR, especially the encryption team supported by "King of Understanding" is also pushing it.
AI sector: TAO, IO
TAO: The rebound after this round of decline is very strong, indicating that the capital recognition is high.
The opportunity for secondary altcoins requires the rise of BTC to drive a substantial rise in ETH. Only then can the opportunity for secondary altcoins be brought about.
You can look back at the whole year of 21, the first four months of 23, and the end of 23 to the first three months of 24. This is basically the case. As for November-December 24, the secondary altcoins were not strong, mainly because ETH was not strong. BTC was 100,000, but ETH did not break through 4,100. Therefore, most secondary altcoins only rose partially, such as PEPE, SUI, WIF, OMNI, etc. Very few, such as USUAL, BGB, and XRP, had market conditions in November-December 2024.
After careful research, as long as BTC rises, driving funds and emotions, and ETH is strong, basically most altcoins will have at least 50% growth. Of course, the projects that want more growth are the leading projects of L1, MEME, AI, and DEFI listed on major exchanges such as Binance.
Trading is not about getting rich overnight, but about making reasonable profits that are long-term, stable, sustainable, and high-probability, so that you can continuously obtain wealth
How should the market be played from now on? Is there still a chance for second-tier altcoins?
Currently, BTC has not broken out of the garbage range, and ETH is not strong either, so it is advisable to remain in cash and wait for opportunities. There are chances to make money, such as on-chain, BTC's swing trades, and strong second-tier altcoin swings.
After experiencing a round of major washout on February 3rd, there are more voices in the market saying, 'Wait for a pullback, dare to push up, dare to short' or 'dare to sell when it rises'.
If the market really gives you a standard pullback as we wish, then it won't be us placing buy orders; the way this circle operates has always been that the majority pays for the minority!
From the current perspective of some altcoins, I don’t want to wait for how the overall market will behave!
In the past couple of days, the AI Agents sector has been quite prominent, for example: ARC surged 85% in a day! ai16z increased by 40%! aixbt rose by 35%! Then look at the Binance system coins that CZ has called out, such as: BNX, lista, AVAAI, etc...
Therefore, wait for a pullback, and be cautious as the daily level declines consecutively. You can miss out, but please do not short all the way down; perhaps this phase can be played differently! So, how exactly should we play this year? Look for narratives, especially macro hotspots; everything else is already seen by the market as deceptive behavior...
How high will SOL, DOGE, and XRP rise in this bull market? How to seize opportunities in the cryptocurrency circle in 2025?
After SOL rose to around 200, everyone said that it was very valuable and would surpass Ethereum, and Trump also issued coins on the SOL chain, asking everyone to hold SOL.
Retail investors think that Trump is doing it, so it must be very valuable, so they all hold SOL.
These are people who don’t understand the market, so they follow the market trend and operate according to the news released by the main force.
SOL has already seen a top divergence between volume and price and a top divergence between MACD bars. It has experienced three clear stages of rising, and it also meets the clues of climax sprint and high-level fluctuations.
So, what I see is risk. Everyone is saying that SOL will rise to 500 or 1,000. In my opinion, the bull market of SOL is almost coming to an end.
Including DOGE and XRP, the same principle applies. Risk signals have appeared on the market.
But now the market is still hyping the launch of DOGE and XRP ETFs. Many people believe that after the launch of ETFs, there will be a big market and that DOGE will break through 1 US dollar.
I can only say that what the main force says is combined with the market to give you what you want to hear.
At the top, it experienced a big rise, and then combined with some positive news released by the main force, retail investors believed that there would be a big rise, and then chased in. Only when everyone chased and funds flowed in, the main force could better exit and cash out.
It will no longer be a rise in all coins, but different sectors and different currencies have different trends. Some have already ended the bull market, like ordi, and some may have peaked, like these three coins.
But there are also some value currencies that are still at the bottom stage and have not yet exploded. The current blockchain development narrative has not yet come to him, but it will explode next.
Ethereum Short Positions Surge, ETH Trading Volume Hits New High Since FTX Collapse
The numerous changes in the cryptocurrency market have led experienced analysts to believe that Bitcoin's dominance is heading towards collapse, which will result in a bullish trend for the altcoin market. Specifically, many long-term cryptocurrency experts believe that once Ethereum (ETH) sets a new high in this bull market cycle, it will lead the way. Every first quarter after Bitcoin's halving has historically seen a peak in altcoin cycles, typically led by the pioneering altcoin ETH, which has historically risen in February and March. With the same pattern emerging now, analysts are closely monitoring ETH's price trend.
XRP Ledger (XRPL) Hits Major Milestone, Will XRP Hit $5?
According to XRPScan data, user adoption has driven a total of 2,059 transactions on each XRPL in seven days. As of February 4, the protocol recorded 1,804 transactions on each ledger, marking an important standard for the network.
This latest milestone was recorded at ledger 94,066,184, a big leap from the 93,905,961 ledger on February 4. Notably, the XRPScan explorer also recorded 7.986622 XRP fees for transactions in the ledger. Most of the transactions in the historical ledger were for payments, which is one of the most critical use cases of the XRP Ledger. While most of the payments initiated were sent to anonymous wallets, some exchanges such as Upbit received these payments.
The surge in the number of transactions on the XRP Ledger is the result of a series of recent upgrades and revisions to the protocol. As reported by CoinGape, the protocol is considering the NFTokenMintOffer amendment, which entered the activation phase earlier this month. This NFTokenMintOffer amendment was activated on the ledger after the AMMClawback update went live on the mainnet. These amendments are designed to enhance unique features, scale the protocol, and improve the user experience overall.
The growth in the number of ledgers for the protocol so far, partly due to the adoption of the RLUSD stablecoin, has put it in the spotlight.
As the native token of XRPL, XRP has benefited greatly from the growth in ledger transactions. The hype around the distributed ledger has driven the token's price up so far this week. Before the current consolidation on the chain, XRP jumped as high as $2.525 in early trading. With this growth, it has pared its losses over the past week.
Currently, XRP has a number of fundamental factors driving its growth, not the least of which is the chase for the XRP ETF. Bloomberg senior ETF analysts Eric Balchunas and James Seyffart expect XRP to have a 65% chance of approval, so XRP is becoming more attractive to investors. According to previous XRP price analysis, the token needs to hold the $2.25 support level to recapture the $3 price mark and could surge to $5 in the long term. #xrp #你看好哪一个山寨币ETF将通过?
2049 Shiba Inu Price Prediction: Will SHIB Reach $1?
Shiba Inu: Will the token gain momentum quickly?
Given its immense popularity and potential, Shiba Inu is currently the focus of speculation. In the latest SHIB developments, the token has formed a new partnership with the UAE government to 'revitalize web3.' These promising developments may be one of the key drivers for XRP reaching new highs, possibly helping the token to recover from its price slump sooner.
'Shiba Inu has partnered with the UAE Ministry of Energy and Infrastructure (MoEI) for a historic collaboration that changes how countries embrace Web3. This is the first time a world government has integrated blockchain at the federal level. This is not just another cryptocurrency collaboration, but a nationwide movement to unify Shiba Inu's operating system™ across all Emirates,' the press release noted.
Can the token really be worth $1?
The SHIB army, loyal enthusiasts of SHIB, have long been clamoring to push the token to new highs. In this context, investors often have high hopes for SHIB, wishing for the token to break through the $1 barrier or even higher.
According to data from the technical analysis platform CoinCodex, the chances of Shiba Inu surging to $1 are extremely low from a practical standpoint. The token would need several years to reach that price level, making it a difficult price target to achieve.
How high can SHIB really go by 2049? According to CoinCodex data, the price of Shiba Inu could soar by 6,209,260.22%, reaching as high as $0.002. It may eventually rise to even higher levels, but it could take years of effort to appreciate the token.
Can the token really be worth $1? The SHIB army, loyal enthusiasts of SHIB, have long been clamoring to push the token to new highs. In this context, investors often have high hopes for SHIB, wishing for the token to break through the $1 barrier or even higher. #SHIB #AI概念币强势反弹