Shiba Inu (SHIB) has experienced a surge in price amid the ongoing US elections and bullish sentiment in the crypto market. Market watcher Alex Clay suggests that SHIB could continue to rise, pointing to a completed "Descending Broadening Wedge" pattern as an indication of a potential bullish reversal. Clay identifies two price targets for SHIB based on Fibonacci retracement levels, with the higher target at $0.00005685 potentially facing increased selling pressure. AI-driven predictions also indicate potential growth for SHIB, with ChatGPT suggesting modest growth of 5-10 times, an optimistic scenario of 15-20 times, and a best-case scenario of 30 times. Google Gemini estimates a target price of $0.0001 based on a market cap of $100 billion by 2025. Additionally, Shiba Inu's lead developer has proposed a $2.35 billion initiative to establish a blockchain-focused tech center in the US, with plans for job creation and economic growth.



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