Prominent figure and analyst Oscar Ramos predicts that Shiba Inu (SHIB) will experience a significant breakout by the end of 2024. He references an AI chatbot's forecast, which suggests that SHIB could either have a 71% drawdown to $0.000005 or a 76% increase to $0.00003. Ramos rejects the bearish forecast and believes SHIB will not go below $0.00001. He embraces the bullish prediction and anticipates a rally in the last two months of 2024, particularly in November, which he dubs "MOONvember." Ramos suggests that increased Bitcoin prices will positively impact altcoins like SHIB. He projects that SHIB could reach a target of $0.00006, requiring a surge of 216.12%. At present, SHIB has experienced a 3.8% increase in the past 24 hours and a 5.7% increase in the last seven days.



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