The current price of Shiba Inu (SHIB), which has changed by just 0.17% over the last month, is $0.00001327. Analysts' opinions are divided because the token has not increased much since March, when it saw a jump of almost 350%. While some predict a breakout, others predict ongoing stagnation, raising doubts about SHIB's ability to make meaningful improvements by 2025. Amidst this uncertainty, investors are left waiting for another surge.
Analyst Outlook on Shiba Inu’s Future
Shiba Inu (SHIB), according to analyst E Obez, won't rise above $0.001 even if Bitcoin hits $90,000 by 2025. Though he did not go into detail, he contrasted the growth of SHIB with that of other tokens. Obez believes that by January 2025, Ethereum (ETH) would have surpassed $5,500. He also believes that existing meme coins like as SHIB and PEPE will probably fare worse than newer cryptocurrency assets.
Optimistic Views on Shiba Inu’s Growth
In contrast to the cautious prognosis, LuckSide, an expert, believes that Shiba Inu (SHIB) may hit $0.001 because to strong on-chain signs and increased whale activity. He points out that $4 million was taken out of exchanges and that over 3 trillion SHIB tokens were moved by major holders in just two days, indicating that SHIB is about to enter a critical stage in its long-term trend.
Analysts Share Optimism for Shiba Inu
Numerous analysts concur with LuckSide's optimistic assessment of Shiba Inu (SHIB). TradingView's Krao predicts a breakout from a long-term falling trendline that could send SHIB surging as high as 7,379% to $0.001. Similarly, Benzinga's Armando Pantoja predicts a 72X rise, citing bullish RSI divergence that implies SHIB is in an excellent buying zone. He predicts a possible increase of 7,193%, supported by the impending halving of Bitcoin.
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