Shiba Inu (SHIB) is projected to surge significantly in the near future, potentially bouncing off a 3.5 year triangle on the charts, for a 660% surge toward its all-time high. The
SHIB burn rate has seen an exponential growth on the announcement of the Shib OS. The team has reached out to
Elon Musk showcasing four years of progress for SHIB, while also stating that a
surge to $0.01 is possible, although not imminent. Analysis shows that if Bitcoin hits $220K by 2028 halving, then the price of Shiba Inu could also benefit. Despite the increase in
burn rate, the price of SHIB has dropped, raising questions among investors. Despite struggles in the bullish wave, several factors suggest that Shiba Inu price could rally by 17X as traders increase their holding time by 30%. In comparison to other meme coins,
Dogecoin (DOGE) and
Pepe Coin (PEPE), investing in Shiba Inu has the potential for massive returns. With the
Shiba Inu team mentioning key achievements to Elon Musk and the burning of a billion SHIB, a price surge is anticipated.
SHIB Coin News Analytics from Tue, 07 Jan 2025 08:00:00 GMT to Wed, 19 Mar 2025 21:26:45 GMT -
Rating 7
- Innovation 1
- Information 8
- Rumor -5
