{"id":596534,"date":"2024-03-07T00:05:34","date_gmt":"2024-03-07T00:05:34","guid":{"rendered":"https:\/\/shenyangcang.com\/?p=596534"},"modified":"2024-06-11T07:08:51","modified_gmt":"2024-06-11T07:08:51","slug":"shiba-inu-lead-dev-prediction","status":"publish","type":"post","link":"https:\/\/shenyangcang.com\/news\/shiba-inu-coin\/shiba-inu-lead-dev-prediction\/","title":{"rendered":"Shiba Inu Lead Dev Co-Signs Prediction That Would Send SHIB To $100 Billion"},"content":{"rendered":"

Shiba Inu saw a massive rally<\/a> over the past month, going from below $0.00001 to above $0.00004, just 50% below its all-time high price. This has strengthened bullish resolve among investors in SHIB<\/a> as crypto analysts continue to call for higher prices, one of which has been co-signed by Shiba Inu lead developer Shytoshi Kusama<\/a>.<\/p>\n

Shiba Inu Market Cap Headed For $100 Billion<\/h2>\n

In a post on X (formerly Twitter), crypto analyst Jake Gagain made a very bullish prediction for the Shiba Inu price. According to him, the meme coin could see its market cap rise as high as $100 billion in the bull market. \u201c$SHIB Will Reach 100 Billion This Cycle,\u201d the post read.<\/p>\n

Related Reading: Institutions Can\u2019t Get Enough Of Crypto As Trading Volumes Hit New $30 Billion Record<\/a><\/p>\n

This prediction caught the attention of Shiba Inu’s lead developer, Shytoshi Kusama, who took to the social media platform to lend his support. The quote response featured a GIF which said, \u201cYour words, not mine,\u201d something that is often used to support a statement by another person.<\/p>\n

\n

https:\/\/t.co\/aUePEauoUo<\/a> pic.twitter.com\/vp0gk4FDtv<\/a><\/p>\n

\u2014 Shytoshi Kusama\u2122 (@ShytoshiKusama) March 5, 2024<\/a><\/p><\/blockquote>\n

Gagain\u2019s prediction is interesting because it would mean that the market cap of SHIB<\/a> would be three times higher than what it was during its last all-time high. If it does come to fruition, then the SHIB price<\/a> at this high market cap would see it climb above $0.0002.<\/p>\n

Reaching this price point would mean that the price of SHIB<\/a> would have to climb another 500% from its current value of $0.000037.<\/p>\n

SHIB At $0.0001 Is Possible<\/h2>\n

Gagain is not the only crypto analyst who sees the price of Shiba Inu eventually crossing the $0.0001 level. Another analyst, Oscar Ramos, recently shared their own bullish prediction for the SHIB price<\/a>, which he believes would cross $0.0001.<\/p>\n

Related Reading: Analyst Predicts Massive Rally For Dogecoin Price With A $1 Target, Here\u2019s How<\/a><\/div>\n

As Ramos explains, some of the facts that will drive this rally will be retail investors as they flock back into the market. This influx of funds, the analyst explains, could send the SHIB price above $0.0001. Additionally, Ramos points to the previous performance of SHIB as evidence of how much the price can grow in a short time. For Ramos, SHIB<\/a> at $0.0001 is a certainty this cycle.<\/p>\n

However, despite being bullish on the Shiba Inu price<\/a>, the crypto analyst also reeled in unrealistic expectations for the price. He explains that the meme coin rising to $0.1 or even $1 is not possible in this bull market. For now, the cryptocurrency has to focus on reaching a $60 billion market cap, which would help it cross $0.0001.<\/p>\n

As for when to sell, the analyst cautions that investors should be looking to exit their position at around the $0.0002 mark, as this could mark the peak.<\/p>\n

\"Shiba<\/p>\n

SHIB price drops alongside BTC | Source: SHIBUSD on Tradingview.com<\/a><\/pre>\n
Featured image from MEXC Blog, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Shiba Inu saw a massive rally over the past month, going from below $0.00001 to above $0.00004, just 50% below its all-time high price. This has strengthened bullish resolve among investors in SHIB as crypto analysts continue to call for higher prices, one of which has been co-signed by Shiba Inu lead developer Shytoshi Kusama. Shiba Inu Market Cap Headed For $100 Billion In a post on X (formerly Twitter), crypto analyst Jake Gagain made a very bullish prediction for the Shiba Inu price. According to him, the meme coin could see its market cap rise as high as $100 billion in the bull market. \u201c$SHIB Will Reach 100 Billion This Cycle,\u201d the post read. Related Reading: Institutions Can\u2019t Get Enough Of Crypto As Trading Volumes Hit New $30 Billion Record This prediction caught the attention of Shiba Inu’s lead developer, Shytoshi Kusama, who took to the social media platform to lend his support. The quote response featured a GIF which said, \u201cYour words, not mine,\u201d something that is often used to support a statement by another person. https:\/\/t.co\/aUePEauoUo pic.twitter.com\/vp0gk4FDtv \u2014 Shytoshi Kusama\u2122 (@ShytoshiKusama) March 5, 2024 Gagain\u2019s prediction is interesting because it would mean that the market cap of SHIB would be three times higher than what it was during its last all-time high. If it does come to fruition, then the SHIB price at this high market cap would see it climb above $0.0002. Reaching this price point would mean that the price of SHIB would have to climb another 500% from its current value of $0.000037. SHIB At $0.0001 Is Possible Gagain is not the only crypto analyst who sees the price of Shiba Inu eventually crossing the $0.0001 level. Another analyst, Oscar Ramos, recently shared their own bullish prediction for the SHIB price, which he believes would cross $0.0001. Related Reading: Analyst Predicts Massive Rally For Dogecoin Price With A $1 Target, Here\u2019s How As Ramos explains, some of the facts that will drive this rally will be retail investors as they flock back into the market. This influx of funds, the analyst explains, could send the SHIB price above $0.0001. Additionally, Ramos points to the previous performance of SHIB as evidence of how much the price can grow in a short time. For Ramos, SHIB at $0.0001 is a certainty this cycle. However, despite being bullish on the Shiba Inu price, the crypto analyst also reeled in unrealistic expectations for the price. He explains that the meme coin rising to $0.1 or even $1 is not possible in this bull market. For now, the cryptocurrency has to focus on reaching a $60 billion market cap, which would help it cross $0.0001. As for when to sell, the analyst cautions that investors should be looking to exit their position at around the $0.0002 mark, as this could mark the peak. SHIB price drops alongside BTC | Source: SHIBUSD on Tradingview.com Featured image from MEXC Blog, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":596557,"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":[83668,89178,84473,83667,89157,86437,89425,84562,84558],"class_list":["post-596534","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-shiba-inu-team","tag-shibusd","tag-shibusdt"],"acf":[],"yoast_head":"\nShiba Inu Lead Dev Co-Signs Prediction That Would Send SHIB To $100 Billion<\/title>\n<meta name=\"description\" content=\"Shiba Inu saw a massive rally over the past month, going from below $0.00001 to above 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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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