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Cryptocurrency News Articles

Shiba Inu (SHIB) Price Prediction: Market Analysts See Potential for 100% Surge

Nov 24, 2024 at 05:04 pm

Shiba Inu (SHIB), the second-largest meme coin in the market, stands at $0.00002497 and has experienced a slight rise within the last 24 hours.

Shiba Inu (SHIB) Price Prediction: Market Analysts See Potential for 100% Surge

Shiba Inu (CRYPTO: SHIB) was trading at $0.00002497 on Wednesday morning, showing a slight increase over the last 24 hours.

The second-largest meme coin in the market, SHIB, showed tremendous growth in the last month, where it rose over 40%. Now, pundits are predicting that SHIB may rise as high as $0.000049 in the future, which is almost doubling the current price.

What Happened: Ali Martinez, a known market analyst, recently put the spotlight on the Shiba Inu price chart. He stated that its structure is similar to the structure of Dogecoin before the surge.

People are talking about Doge structure vs Shib structure and how Shib followed the pattern, which made some people conclude that it may go up to 100% from here.

Both meme tokens,礒thermic🧃

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