CandleFocus Shiba Inu to Surge 7,167% to $0.00094035 if Ethereum Hits $166K as Predicted by Ark Invest
2024-09-07
Author: Content Editor
This article discusses how the price of Shiba Inu (SHIB), a popular cryptocurrency, can surge above $0.0009 if Ethereum (ETH) reaches a projected price of $166,000 by 2032. It highlights the correlation between Shiba Inu and Ethereum's prices, with Shiba Inu showing a stronger correlation with Ethereum than with Bitcoin. The article analyzes predictions from ARK Invest CEO Cathie Wood, who suggests that Ethereum could reach a market cap of $20 trillion by 2032, and if Shiba Inu were to experience a similar growth rate, its price could increase significantly. However, it emphasizes that this analysis is for informational purposes only and should not be taken as financial advice.
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