{"id":602698,"date":"2024-04-11T21:00:20","date_gmt":"2024-04-11T21:00:20","guid":{"rendered":"https:\/\/ktsl888.com\/?p=602698"},"modified":"2024-06-11T07:04:59","modified_gmt":"2024-06-11T07:04:59","slug":"shiba-inu-price-reach-0-0001","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/shiba-inu-coin\/shiba-inu-price-reach-0-0001\/","title":{"rendered":"Crypto Analyst Predicts Shiba Inu Price Will Reach $0.0001 If This Happens"},"content":{"rendered":"

A crypto analyst has raised the possibility of <\/span>Shiba Inu (SHIB)<\/span><\/a> rising to as high as $0.0001. As part of his analysis, he highlighted <\/span>certain factors<\/span><\/a> that could contribute to the meme coin experiencing this parabolic price surge.\u00a0<\/span><\/p>\n

Shiba Inu To Rise To $0.0001 If History Repeats Itself<\/h2>\n

Crypto analyst Bunchhieng suggested in his <\/span>analysis<\/span><\/a> that SHIB could attain such a price level if history were to repeat itself, and SHIB mirrors its bullish pattern from the <\/span>2021 bull run<\/span><\/a>. He affirmed that based on the patterns that he observed from the previous bull market, it was \u201cquite possible\u201d for SHIB to hit $0.0001.\u00a0<\/span><\/p>\n

Related Reading: Crypto Experts Predict Massive Price Surge For XRP Price, Is $20 Possible?<\/a><\/div>\n

\u00a0\"\"<\/p>\n

Source: Tradingview.com<\/pre>\n
The analyst also tried to clear the doubts of those who believe that such a price surge isn\u2019t likely considering <\/span>SHIB\u2019s market cap<\/span><\/a>, stating that anything was possible in the crypto world. Meanwhile, he added the <\/span>SHIB burn rate<\/span><\/a>, which has continued to increase exponentially, as another factor that could have a \u201cpositive effect\u201d on the meme coin\u2019s value.\u00a0<\/span><\/p>\n
Bunchhieng\u2019s price prediction also looks feasible when one considers crypto analyst Rekt Capital\u2019s recent analysis, in which <\/span>he suggested<\/span><\/a> that SHIB was already mirroring its price action from 2021. Back then, he revealed that SHIB, similar to 2021, had <\/span>successfully retested<\/span><\/a> the $0.000026041 price as a new support level.\u00a0<\/span><\/p>\n
In a more recent <\/span>update<\/span><\/a>, Rekt Capital also suggested that SHIB was showing enough strength to make a similar run to the one in 2021, stating that SHIB\u2019s current support level served as resistance for the meme coin in early 2022.\u00a0<\/span><\/p>\n
SHIB Could Indeed Hit $0.0001<\/h2>\n
Bunchhieng isn\u2019t the only crypto analyst who believes that SHIB can hit $0.0001. Crypto analyst Javon Marks also <\/span>predicted<\/span><\/a> that the meme coin could rise to $0.0001553 once it hits the $0.000081 price range. Interestingly, these aren\u2019t even the most bullish predictions for Shiba Inu.\u00a0<\/span><\/p>\n
Related Reading: Analyst Says Bitcoin Halving Influence Is No Longer Driving Price, Here\u2019s What Is<\/a><\/div>\n
Crypto analyst Armando Pantoja, who recently outlined his price targets for different crypto tokens, <\/span>predicted<\/span><\/a> that the meme coin could rise to $0.001 after the <\/span>Bitcoin Halving<\/span><\/a>. Meanwhile, crypto analyst Ali Martinez <\/span>predicted<\/span><\/a> that SHIB could rise to $0.011, although he didn\u2019t give a specific timeline for when this unprecedented price surge will occur.\u00a0<\/span><\/p>\n
Despite the varying price predictions, it is, however, clear that SHIB is more than likely to hit a new all-time high (ATH) in this bull run. <\/span>Pseudonymous crypto analyst and trader Xanrox<\/span><\/a> believes this could happen as soon as July, predicting that the crypto token would rise to $0.00008854 by then.\u00a0<\/span><\/p>\n
\"Shiba<\/p>\n
SHIB price starts recovery trend | Source: SHIBUSDT on Tradingview.com<\/a><\/pre>\n
Featured image from CoinGape, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
A crypto analyst has raised the possibility of Shiba Inu (SHIB) rising to as high as $0.0001. As part of his analysis, he highlighted certain factors that could contribute to the meme coin experiencing this parabolic price surge.\u00a0 Shiba Inu To Rise To $0.0001 If History Repeats Itself Crypto analyst Bunchhieng suggested in his analysis that SHIB could attain such a price level if history were to repeat itself, and SHIB mirrors its bullish pattern from the 2021 bull run. He affirmed that based on the patterns that he observed from the previous bull market, it was \u201cquite possible\u201d for SHIB to hit $0.0001.\u00a0 Related Reading: Crypto Experts Predict Massive Price Surge For XRP Price, Is $20 Possible? \u00a0 Source: Tradingview.com The analyst also tried to clear the doubts of those who believe that such a price surge isn\u2019t likely considering SHIB\u2019s market cap, stating that anything was possible in the crypto world. Meanwhile, he added the SHIB burn rate, which has continued to increase exponentially, as another factor that could have a \u201cpositive effect\u201d on the meme coin\u2019s value.\u00a0 Bunchhieng\u2019s price prediction also looks feasible when one considers crypto analyst Rekt Capital\u2019s recent analysis, in which he suggested that SHIB was already mirroring its price action from 2021. Back then, he revealed that SHIB, similar to 2021, had successfully retested the $0.000026041 price as a new support level.\u00a0 In a more recent update, Rekt Capital also suggested that SHIB was showing enough strength to make a similar run to the one in 2021, stating that SHIB\u2019s current support level served as resistance for the meme coin in early 2022.\u00a0 SHIB Could Indeed Hit $0.0001 Bunchhieng isn\u2019t the only crypto analyst who believes that SHIB can hit $0.0001. Crypto analyst Javon Marks also predicted that the meme coin could rise to $0.0001553 once it hits the $0.000081 price range. Interestingly, these aren\u2019t even the most bullish predictions for Shiba Inu.\u00a0 Related Reading: Analyst Says Bitcoin Halving Influence Is No Longer Driving Price, Here\u2019s What Is Crypto analyst Armando Pantoja, who recently outlined his price targets for different crypto tokens, predicted that the meme coin could rise to $0.001 after the Bitcoin Halving. Meanwhile, crypto analyst Ali Martinez predicted that SHIB could rise to $0.011, although he didn\u2019t give a specific timeline for when this unprecedented price surge will occur.\u00a0 Despite the varying price predictions, it is, however, clear that SHIB is more than likely to hit a new all-time high (ATH) in this bull run. Pseudonymous crypto analyst and trader Xanrox believes this could happen as soon as July, predicting that the crypto token would rise to $0.00008854 by then.\u00a0 SHIB price starts recovery trend | Source: SHIBUSDT on Tradingview.com Featured image from CoinGape, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":602721,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[92559],"tags":[83668,89178,84473,83667,89157,86437,84562,84558],"class_list":["post-602698","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-shiba-inu-coin","tag-shib","tag-shib-news","tag-shib-price","tag-shiba-inu","tag-shiba-inu-news","tag-shiba-inu-price","tag-shibusd","tag-shibusdt"],"acf":[],"yoast_head":"\nCrypto Analyst Predicts Shiba Inu Price Will Reach $0.0001 If This 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. 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