bitcoin
bitcoin

$98781.81 USD 

-0.37%

ethereum
ethereum

$3339.76 USD 

-0.30%

tether
tether

$1.00 USD 

0.04%

solana
solana

$255.67 USD 

-2.76%

bnb
bnb

$642.33 USD 

1.03%

xrp
xrp

$1.57 USD 

14.88%

dogecoin
dogecoin

$0.424882 USD 

7.07%

usd-coin
usd-coin

$1.00 USD 

0.03%

cardano
cardano

$1.09 USD 

25.27%

tron
tron

$0.206644 USD 

2.77%

avalanche
avalanche

$43.48 USD 

18.42%

shiba-inu
shiba-inu

$0.000027 USD 

8.19%

toncoin
toncoin

$5.52 USD 

-0.66%

stellar
stellar

$0.438951 USD 

57.94%

bitcoin-cash
bitcoin-cash

$545.30 USD 

9.76%

Cryptocurrency News Articles

Shiba Inu (SHIB) Marketing Lead Forecasts a Potential 1000% Surge for the Meme Coin's Ecosystem Within a Matter of Days

Oct 14, 2024 at 03:21 am

This optimistic outlook comes against a backdrop of significant market volatility and impressive long-term gains for SHIB.

Shiba Inu (SHIB) Marketing Lead Forecasts a Potential 1000% Surge for the Meme Coin's Ecosystem Within a Matter of Days

Marketing Lead for Shiba Inu (SHIB) predicts a potential 1000% surge for the meme coin’s ecosystem within a matter of 2-3 days. This optimistic outlook is set against a backdrop of impressive long-term gains for SHIB, with the token up an astronomical 21,298,851% from its all-time low.

This bullish outlook is further supported by strong community sentiment, with 86% of users expressing a bullish outlook on SHIB's future. This strong community backing has been a key factor in SHIB's success story.

According to Market Data, another dog-themed token, Floki Inu (FLOKI), recorded a 679,910% increase. Binance Coin (BNB) secured the third position with a 595,144% rise. The original meme coin, Dogecoin (DOGE), also showed impressive growth with a 125,409% increase.

Analysts are also growing bullish on SHIB, with Black Pearl expecting a strong breakout from a bullish reversal pattern. In a Wednesday tweet, the pundit noted that the excitement could lead to a 2400% surge from current prices. However, SHIB must first break through key resistance at $0.00002200-$0.00002300, a 125% rise, before targeting its all-time high of $0.00008854.

On the other hand, analyst Alan Santana believes that SHIB is undergoing a major accumulation phase as 2025 approaches. According to him, the market is in its final bearish stretch before a significant bull run in 2025.

“The drop should last a few weeks. The recovery should last several months and in 2025 we get long-term sustained growth,” he noted.

At press time on Thursday, the token trades at $0.00001721, down 3.29% over 24 hours. Despite this short-term dip, SHIB has seen an impressive 27.63% increase over the past 30 days.

News source:zycrypto.com

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Nov 23, 2024