Shiba Inu (SHIB) Tipped For Explosive 1,440% Rally To $0.0003 By 2024-2025

2024-7-17 06:00

The dog-themed meme coin Shiba Inu (SHIB) has seen a notable price recovery over the past 24 hours amid the broader market rally. After hitting a five-month low of $0.00001274 on July 5, the coin has gained 8% in the past 24 hours and is up a steady 20% over the past week. 

However, a prediction report published by Forbes suggests that the Ethereum-based altcoin is poised for major price gains throughout the rest of the year and may even surpass all-time highs.

Expert Insights For SHIB

According to the report, industry experts such as Himanshu Maradiya, founder and chairman of CIFDAQ Blockchain Ecosystem, offered a prediction for SHIB’s price by 2024-2025, ranging from $0.0001 to $0.0003, depending on favorable market conditions and continued ecosystem development. 

This would position SHIB’s price for a potential gain of 416% in the scenario of reaching the $0.0001 mark and even a substantial increase of 1440% in the case of reaching the $0.0003 benchmark. 

On the other hand, Utkarsh Tiwari, Chief Strategy Officer of KoinBX, emphasized the difficulty of predicting cryptocurrency prices, including SHIB. Nevertheless, he noted the bullish sentiment surrounding SHIB and suggested a more conservative approach, stating a potential price range of $0.0000298 to $0.0000396 by the end of 2024. 

Tiwari also highlighted the importance of monitoring price movements, stating that if SHIB surpasses $0.00003682 and continues its upward trajectory, it could target $0.00006697 in 2024. Conversely, a price reversal could see SHIB drop to $0.000010, indicating the presence of decline risks.

Shiba Inu Price Predictions

According to the prediction algorithm of the crypto data platform Coincodex, Shiba Inu’s price predictions for the coming years are as follows:

2024 Prediction: SHIB is projected to trade between $0.00001453 and $0.00003859, with the upper price target representing a potential increase of 123.30% to reach $0.00003859. 2025 Prediction: Coincodex predicts SHIB will trade between $0.00001453 and $0.00007515 in 2025. Reaching the higher value target would signify a significant increase of 332.26% to reach $0.00007515. 2030 Prediction: The price prediction for Shiba Inu in 2030 ranges from $0.00002237 on the lower end to $0.00006428 on the higher end, with the upper price target indicating a potential gain of 270.72% to reach $0.00006428.

Possibility of Reaching $0.01: While the enthusiasm surrounding SHIB is evident, reaching $0.01 would require a staggering gain of 46,144.44%. However, according to Coincodex’s prediction algorithm, SHIB is unlikely to reach $0.01. According to the algorithm, the highest expected price is estimated to be $0.000852 by January 1, 2049.

At the time of writing, SHIB is trading at $0.0001939, still recording losses of 6.7% in the monthly time frame, illustrating the price correction the meme coin has undergone. According to CoinGecko data, it is still up 141% in the year-to-date time frame. 

Featured image from DALL-E, chart from TradingView.com

Similar to Notcoin - Blum - Airdrops In 2024

origin »

SHIBA INU (SHIB) на Currencies.ru

$ 0 (+1.82%)
Объем 24H $11
Изменеия 24h: 8.92 %, 7d: 2.86 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 3428
Доступно / Всего 0 SHIB

past coin shiba hours shib inu rally

Источник: newsbtc.com

past coin → Результатов: 126


Bitcoin can be everything at once; currently it’s best at being a store of value, says Blockstream’s CSO

Bitcoin [BTC], the largest cryptocurrency in the market, has gone from being an electronic cash system to becoming a store of value over the past ten years. The coin has several times been termed as digital gold, with even Grayscale Investments prompting investors to drop gold and be a part of the digital currency revolution […] The post Bitcoin can be everything at once; currently it’s best at being a store of value, says Blockstream’s CSO appeared first on AMBCrypto.

2019-6-14 00:00


Фото:

Ripple transfers nearly 40 million of XRP to wallets; users speculate Ripple flooding the market

The price of the cryptocurrencies has been taking a hit for the past few weeks; however, XRP was the only coin to stay away from the ups and downs in the cryptocurrency market. The price of the coin remained stable, but what went unnoticed by many was the large transactions that were taking place in […] The post Ripple transfers nearly 40 million of XRP to wallets; users speculate Ripple flooding the market appeared first on AMBCrypto.

2019-6-9 14:30


Bitcoin breaks $9000 momentarily as it falls back almost immediately

Bitcoin [BTC], the largest cryptocurrency by market cap, has been on an upward trend for the past few months, with the coin having an astounding breakthrough with its major resistance points. One of the most awaited breach points was the $9000 mark as the majority of the community was prepared to celebrate the breach with […] The post Bitcoin breaks $9000 momentarily as it falls back almost immediately appeared first on AMBCrypto.

2019-5-31 20:04


Bitcoin Price Shatters $11,000 on GBTC’s 37% Premium Over Skyrocketing Demand

By CCN: In the past month, within a 30-day span, the bitcoin price has surged 60 percent against the U. S. dollar to about $8,500 as the valuation of the crypto market rose by $100 billion. Major crypto assets such as ethereum, litecoin, and EOS have seen gains above 100 percent year-to-date, with Binance Coin, the seventh most valuable crypto asset in the global market, recording a staggering 437 percent gain against the USD.

2019-5-29 11:08


Monero and Zcash are ‘privatizing the blockchain,’ claims Nym Technologies’ Harry Halpin

Monero, the privacy coin, and its fundamental features – ring signature, ring confidential transactions, and stealth addresses, have received a lot of attention in the past. However, in a recent edition of the Keiser Report, Nym Technologies’ CEO, Harry Halpin, said that Monero and Zcash were basically “privatizing the blockchain” itself and the sensitive data can be […] The post Monero and Zcash are ‘privatizing the blockchain,’ claims Nym Technologies’ Harry Halpin appeared first on AMBCrypto.

2019-5-22 01:00


Bitcoin [BTC] creates High Low of $7,100 following recent breakout; foundation for $9,000 surge?

Bitcoin [BTC] and the recent $8,000 break-out is massive for the cryptocurrency market going forward. On the back of no major announcement in the past few days, and the pull-back of the previous week, the king coin won its second battle against the price ceiling curating a major high, in the form of an exhibited […] The post Bitcoin [BTC] creates High Low of $7,100 following recent breakout; foundation for $9,000 surge? appeared first on AMBCrypto.

2019-5-20 05:30


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Here’s Why The Dogecoin And Shiba Inu Price Crashed Again

Dogecoin and Shiba Inu prices have crashed again following their recent upward trend, which led to significant price gains. These price crashes are primarily due to the current macro environment and market uncertainty, which don’t favor risk assets like these meme coins.

Shiba Inu Sees Decline In Major Metric That Could Cause Price To Plummet

Doggy-themed meme coin, Shiba Inu (SHIB) could be on the verge of a major market downturn as recent data reveals a major crash in the cryptocurrency’s whale transaction volume. This sharp decline in whale activity could have far-reaching implications for its price outlook, hinting at a possible decline.

Shiba Inu Leads Whale Frenzy: Large SHIB Transfers See Massive 360% Spike

On-chain data shows Shiba Inu is among the altcoins that have enjoyed a sharp uptick in interest from the whales over the past week. Shiba Inu Whale Transaction Count Has Just Seen A Massive Surge In a new post on X, the on-chain analytics firm Santiment has discussed about the trend in the Whale Transaction Count for various top altcoins.

Shiba Inu Price Could Jump 200% To $0.00006 In October, Here’s Why

Shiba Inu has been on an uptrend recently, after suffering losses for the better parts of the second and third quarters of the year. This recovery going into the new month plays into the high expectations for the meme coin, especially in Q4, when the altcoin’s price is expected to more than double.