Shiba Inu (SHIB) Price Could See a Significant Surge If It Follows Bitcoin's (BTC) Historical Post-Halving Trends

The price of Shiba Inu (SHIB) could experience a significant surge if it follows Bitcoin's (BTC) historical post-halving trends.

Shiba Inu (SHIB) price could see a huge surge if it follows Bitcoin's (BTC) historical post-halving trends, analysts suggest.

While the broader crypto market has been encountering some resistance, with Bitcoin struggling to maintain momentum at the $80,000 level and the crypto market leader recently pulling back from the $80,000 price point, analysts suggest that SHIB’s recovery potential is still strong, especially if Bitcoin continues its pattern of exponential growth following halving events.

Shiba Inu price is currently trading at $0.00001034, at the time of writing, Thursday, July 13. The digital asset has shown a strong correlation with Bitcoin, with IntoTheBlock data revealing an 87% price correlation between the two assets over the past 30 days.

If SHIB follows Bitcoin's projected growth but exhibits a more pronounced increase due to its higher volatility, it could rise at approximately three times Bitcoin’s rate. A 1,032% increase from SHIB’s post-2024 halving low of $0.000008354 would result in a new peak of approximately $0.00009456—nearly reaching the $0.0001 milestone.

The token’s potential price movement remains closely tied to Bitcoin’s performance. If BTC follows historical post-halving trends and reaches $220K by 2028, SHIB could see substantial growth, possibly reaching a new all-time high. However, external market factors and macroeconomic conditions will also play a role in determining the actual trajectory of both assets. Investors should consider these variables when making long-term projections.