Shiba Inu Forecasted To Rise 101%, Reach Target $0.000048: Here's When
Shiba Inu surged nearly 280% in March this year on the heels of the Bitcoin halving event. SHIB cooled down in price after that, only to up steam in the charts in November 2024. After Trump won the US presidency, Bitcoin skyrocketed to an all-time high of $93,477. The broader cryptocurrency markets rallied, making leading altcoins hit new yearly highs. Also Read: Shiba Inu: $1,000 Investment in SHIB Turns $400 Million Today SHIB surged nearly 50% after Trump’s victory and is currently trading at the $0.000024 price range. However, leading on-chain metrics and prediction firm CoinCodex forecasted that Shiba Inu could double in price this month. The firm stated that SHIB is consolidating in price and is ready for another leg-up. According to the latest price prediction, Shiba Inu could surge by another 101% by the end of the month. The forecast indicates that the dog-themed token could reach a target of $0.000048 in the indices. The tentative timeline to rise by 101% and double in p...