Crypto Analyst Says Shiba Inu Price Is 100% Going To $0.0001, Here’s Why

2024-3-6 23:30

A crypto analyst has made a bullish prediction about Shiba Inu, highlighting the immense profits investors could potentially reap if the cryptocurrency’s price experiences this exponential growth. 

Shiba Inu Roadmap To $0.0001

In a recent X (formerly Twitter) post, cryptocurrency investor and analyst, Oscar Ramos expressed strong belief in the bullish outlook for Shiba Inu, predicting that the price of the doggy-themed memecoin could shed off a zero to attain a price of $0.0001. The crypto analyst asserts a 100% likelihood of Shiba Inu ascending to this price level during the 2024 bullish cycle.

Ramos based his forecasts on Shiba Inu’s historical price actions, emphasizing the cryptocurrency’s massive rally to an all-time high of $0.00008 in October 2021. The analyst has suggested that SHIB could experience explosive price growth if fuelled by an optimal combination of hype, momentum and Fear Of Missing Out (FOMO). 

He also disclosed that the involvement of retail investors will have a notable influence on SHIB’s market dynamics, predicting that a substantial influx of retail funds into SHIB could propel the cryptocurrency’s price to $0.0001.

Sharing a price chart of SHIB, Ramos noted that the cryptocurrency is currently in its candle week, anticipating a potential surge of over 140% from $0.00008 to $0.0002. He highlighted that Shiba Inu has been steadily advancing towards this price level, demonstrating a noteworthy bullish trajectory, even before the altcoin season and the 2024 Bitcoin halving.

The crypto investor has underscored the considerable profit potential for Shiba Inu investors, emphasizing that investors who had initially purchased the token at $0.00008 would now be reaping gains of over 150% in value. 

SHIB’s $1 Price Surge Remains Uncertain

In his forecasts, Ramos revealed that achieving the coveted $1 or $0.1 price mark for Shiba Inu was unlikely during this bullish cycle. 

The analyst pointed out the limited impact of SHIB burns in enhancing the cryptocurrency’s value, citing SHIB’s extensive total supply extending to trillions of tokens. He also pointed out that Shiba Inu “must have a total market capitalization of over $60 billion” before it can reach a price of $0.0001. 

Despite his reservations about SHIB’s potential to reach $1, the crypto analyst has disclosed possibilities for SHIB to surpass his earlier predictions of $0.0001. 

Ramos has suggested that if Shiba Inu undergoes unprecedented growth, achieving an explosive price of $0.002 during the altcoin season, it could signify the cryptocurrency’s peak price. He advised investors to exit the market during this time before a potential price correction occurs. 

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

SHIBA INU (SHIB) на Currencies.ru

$ 0 (+1.82%)
Объем 24H $11
Изменеия 24h: 8.92 %, 7d: 2.86 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 3428
Доступно / Всего 0 SHIB

inu shiba crypto price analyst could potentially

Источник: bitcoinist.com

inu shiba → Результатов: 126


В сети Shiba Inu по ошибке сожгли миллиарды токенов

В течение апреля в сети Shiba Inu в рамках 204 различных транзакций произошло сжигание примерно 1,69 млрд токенов SHIB. Значительное сокращение доступного предложения популярного мемкоина Shiba Inu в апреле было вызвано не стратегическими рыночными маневрами рынка, а случайными переводами SHIB.

2024-5-3 19:14


Shiba Inu Is Still The Dogecoin Killer, Lead Dev Says

Pseudonymous Shiba Inu lead developer, Shytoshi Kusama has reignited the rivalry between Shiba Inu and Dogecoin by making a controversial statement underscoring SHIB’s dominance over DOGE.  SHIB Remains A Formidable DOGE Contender In an X (formerly Twitter) post published on Monday, March 4, Kusama rekindled discussions about Shiba Inu’s renowned title as the “Dogecoin Killer”, […]

2024-3-7 23:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Crypto Analyst Predicts 350% Surge For Shiba Inu – Here’s The Target

Crypto analyst Crypto Dona has predicted a 350% price surge for Shiba Inu (SHIB). He suggested that the meme coin will unlikely go higher than that in this bull run.   Shiba Inu To Rise To $0. 00011 Crypto Dona revealed in an X (formerly Twitter) post that his price target for Shiba Inu is $0.

Shiba Inu Sees 144% Spike In Major Metric, But Why Is Price Down?

Shiba Inu (SHIB) saw a significant spike in a major metric, which signals a bullish outlook for the second-largest meme coin by market cap. Despite this, Shiba Inu’s price has failed to react positively, which can undoubtedly be a concern for token holders.

Shiba Inu Team Member Unveils Shibarium Hard Fork Date, Here’s The 411

In a recent X (formerly Twitter) post, Shiba Inu marketing lead, Lucie shared a blog highlighting the date for the upcoming launch of Shibarium’s network hard fork. According to Lucie, the new update will deliver fresh and advanced features for community members and users within the Shibarium ecosystem.

Crypto Analyst Reveals Play-By-Play Profit-Taking Strategy For Shiba Inu

Crypto analyst Crypto Noan has revealed a profit-taking strategy that crypto investors can adopt as they invest in Shiba Inu (SHIB), the second-largest meme coin by market cap. This strategy would be most beneficial to those who need guidance in securing profits as the meme coin continues to make significant price gains.  Price Levels To […]