Shiba Inu's marketing lead, Lucie, is confident in the cryptocurrency's current position and predicts a potential surge in price. She shared a chart showing significant price increases in SHIB's performance against the dollar and Bitcoin since its inception. Shiba Inu was priced at $0.00002619 as of November 11, with a lifetime gain of 1,958,563% for the USDT pair and 370,817% in the BTC pair. Lucie predicts a potential surge to $0.00006861 but does not specify a timeline. Following the forecast, Shiba Inu experienced a rally, reaching a seven-month high of $0.00003031 but later dipped below $0.00003. Currently, SHIB is trading at $0.00002594, needing a 165% surge to reach the projected target. Despite potential gains, SHIB is still down 20.36% from its all-time high recorded in October 2021. The recent surge in SHIB's price comes amid a broader market rally led by Bitcoin. Lucie clarifies that SHIB's performance does not indicate the start of an Altcoin Season, where altcoin prices typically outperform Bitcoin. Despite this, SHIB's proponents believe the token has potential to set a new all-time high above $0.0001. The token has gained interest from investors, as indicated by its trending status on X under the Business & Finance niche, with over 41,300 X posts mentioning SHIB.
- Content Editor ( thecryptobasic.com )
- 2024-11-14
Shiba Inu Team Predicts $0.00006861 as Next Target, Says SHIB Is Doing Fine