{"id":572505,"date":"2024-01-31T20:00:51","date_gmt":"2024-01-31T20:00:51","guid":{"rendered":"https:\/\/www.shenyangcang.com\/?p=572505"},"modified":"2024-06-11T07:08:49","modified_gmt":"2024-06-11T07:08:49","slug":"shiba-inu-price-surge-0-00001","status":"publish","type":"post","link":"https:\/\/www.shenyangcang.com\/news\/shiba-inu-coin\/shiba-inu-price-surge-0-00001\/","title":{"rendered":"Crypto Analyst Predicts Shiba Inu Price To Surge Above $0.00001"},"content":{"rendered":"
After months of experiencing slow growth, the Shiba Inu native token <\/span>SHIB<\/span><\/a> has begun riding the bull market wave and surging with new gains. As a result, a crypto analyst has predicted new highs for the doggy-themed cryptocurrency, estimating the price of SHIB to reach $0.00001.<\/span><\/p>\n Crypto analyst and investor SHIB Knight took to X (formerly Twitter) on Monday to <\/span>discuss<\/span><\/a> SHIB’s recent price movements. Lately, the doggy-themed token has been witnessing <\/span>significant price increases<\/span><\/a>, pushing it closer to the coveted $0.00001 price mark.\u00a0<\/span><\/p>\n According to CoinMarketCap, SHIB has recorded about 1.32% in gains over the last seven days and is trading at a price of $0.000009 at the time of writing.\u00a0<\/span><\/p>\n Martinez shared a chart illustrating SHIB\/Tether\u2019s price movements. He disclosed that the <\/span>price of SHIB<\/span><\/a> was experiencing a technical breakout on a two-hour chart from the downtrend that has been plaguing the cryptocurrency market. This suggests that the <\/span>Shiba Inu<\/span><\/a> token may be on its way to a price recovery after experiencing significant declines despite its flourishing ecosystem and community.<\/span><\/p>\n Subsequently, SHIB Knight shared another chart showing SHIB\u2019s price movement with an arrow pointing toward a surge to $0.000014. The crypto analyst <\/span>predicted<\/span><\/a> that SHIB could pump at any time, suggesting that investors should stay alert and keep watch of the cryptocurrency\u2019s present bullish outlook.\u00a0<\/span><\/p>\n <\/p>\n As the crypto market gradually exits <\/span>bearish trends<\/span><\/a> that have been causing the declines of many altcoins, SHIB has positioned itself at the forefront of the potential market recovery, preparing for the anticipated <\/span>2024 bull run.\u00a0<\/span><\/a><\/p>\n Crypto analyst Ali Martinez <\/span>disclosed<\/span><\/a> in an X post that SHIB is gearing up for a significant upswing that could push it to unprecedented highs. Martinez shared a chart initially published on TradingView, illustrating the price trends and movements of SHIB from November 2023 to February 2024.\u00a0<\/span><\/p>\nAnalyst Foresees Bullish Trajectory For Shiba Inu<\/h2>\n
SHIB price at $0.00000899 | Source: SHIBUSD on Tradingview.com<\/a><\/pre>\n
Analyst Predicts SHIB To Surge To $0.01<\/h2>\n