{"id":636661,"date":"2024-08-20T14:00:11","date_gmt":"2024-08-20T14:00:11","guid":{"rendered":"https:\/\/shenyangcang.com\/?p=636661"},"modified":"2024-08-20T09:57:12","modified_gmt":"2024-08-20T09:57:12","slug":"shiba-inu-secures-community-support-to-rally-to-1-heres-how","status":"publish","type":"post","link":"https:\/\/shenyangcang.com\/shiba-inu\/shiba-inu-secures-community-support-to-rally-to-1-heres-how\/","title":{"rendered":"Shiba Inu Secures Community Support To Rally To $1, Here\u2019s How"},"content":{"rendered":"<p><span style=\"font-weight: 400\">The possibility of <\/span><a href=\"https:\/\/bitcoinist.com\/shiba-inu-to-1-ai\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">Shiba Inu rising to $1<\/span><\/a><span style=\"font-weight: 400\"> is one crypto community members look to support. This follows a recent poll by the crypto exchange CoinW, which showed that others besides the <\/span><a href=\"https:\/\/bitcoinist.com\/shiba-inu-team-critical-warning\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">SHIB community<\/span><\/a><span style=\"font-weight: 400\"> believe such a price target may be attainable.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/shenyangcang.com\/news\/ethereum\/ethereum-transaction-costs-hit-historic-lows\/\" target=\"_blank\" rel=\"noopener \">Ethereum Transaction Costs Hit Historic Lows: What Does This Mean For ETH?<\/a><\/div>\n<h2><b>Shiba Inu Rising To $1 Gains Community Support<\/b><\/h2>\n<p><span style=\"font-weight: 400\">In an X (formerly Twitter) <\/span><a href=\"https:\/\/x.com\/CoinWOfficial\/status\/30094472\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">post<\/span><\/a><span style=\"font-weight: 400\">, CoinW made a poll asking community members which prediction for the top-ranked crypto tokens is likely to happen first. This included the prediction of <\/span><a href=\"https:\/\/bitcoinist.com\/shiba-inu-shib-price-up-7-today\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">Shiba Inu rising to $1<\/span><\/a><span style=\"font-weight: 400\">, which showed that the meme coin eventually rising to this price level has been considered and supported by notable figures in the crypto community.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Shiba Inu rallying to $1 will undoubtedly be massive, representing over a 7 million percent price gain for the meme coin. However, such a price gain isn\u2019t new to Shiba Inu, considering that it recorded an unprecedented price gain of <\/span><a href=\"https:\/\/bitcoinist.com\/shiba-inu-turns-4-july-2024\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">150 million percent<\/span><\/a><span style=\"font-weight: 400\"> in the 2021 bull run. However, it remains uncertain whether or not reaching this price level can happen in this market cycle.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Based on the most bullish predictions given for SHIB, the rally to $1 will unlikely happen in <\/span><a href=\"https:\/\/bitcoinist.com\/bitcoin-bull-market-glassnode\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">this bull run<\/span><\/a><span style=\"font-weight: 400\">. Crypto analyst Ali Martinez, who has offered the most bullish price prediction for Shiba Inu, stated that the meme coin could rise to as high as $0.011 in this market cycle. Crypto analyst Armando Pantoja has predicted that Shiba Inu will rise to $0.001 in this bull run.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">While there is a consensus that Shiba Inu can eventually reach $1, some crypto analysts, like Oscar Ramos, <\/span><a href=\"https:\/\/shenyangcang.com\/news\/shiba-inu-coin\/shiba-inu-price-cant-reach-0-01\/\"><span style=\"font-weight: 400\">have reservations<\/span><\/a><span style=\"font-weight: 400\"> about this happening. This came following his statement that Shiba Inu can\u2019t even reach $0.01 in this cycle due to its current supply of over 580 trillion.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Shiba Inu\u2019s burn tracker previously noted that the meme coin will need to have a circulating supply of just over 85 billion to reach $0.01, meaning that <\/span><a href=\"https:\/\/bitcoinist.com\/shiba-inu-burns-bright-shib\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">Shiba Inu\u2019s supply<\/span><\/a><span style=\"font-weight: 400\"> will still need to be much less if it is to reach $1 eventually.\u00a0<\/span><\/p>\n<h2><b>Shiba Inu\u2019s Next Move<\/b><\/h2>\n<p><span style=\"font-weight: 400\">While the crypto community contemplates when <\/span><a href=\"https:\/\/bitcoinist.com\/shiba-inu-to-1-ai\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">Shiba Inu\u2019s rise to $1<\/span><\/a><span style=\"font-weight: 400\"> will happen, <\/span><a href=\"https:\/\/bitcoinist.com\/33000-move-for-xrp-price\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">crypto analyst Javon Marks<\/span><\/a><span style=\"font-weight: 400\"> has provided insights into the meme coin\u2019s next move. Marks has <\/span><a href=\"https:\/\/x.com\/JavonTM1\/status\/73010438\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">predicted<\/span><\/a><span style=\"font-weight: 400\"> that the meme coin could enjoy a price rally to $0.000081, with <\/span><a href=\"https:\/\/bitcoinist.com\/shiba-inu-burn-rate-drops-100\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Shiba Inu<\/span><\/a><span style=\"font-weight: 400\"> already holding a larger breakout.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">A rise to this price level represents an almost 500% price gain for the meme coin from its current price. However, Marks is confident that SHIB can make such a run, noting how certain bullish signals on the chart point to a <\/span><a href=\"https:\/\/bitcoinist.com\/shiba-inu-on-the-verge-of-triangle-breakout\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">bullish breakout<\/span><\/a><span style=\"font-weight: 400\"> for the meme coin.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/shenyangcang.com\/xrp-news\/mondays-crypto-leaderboard-bnb-and-xrp-surge-past-market-leaders\/\" target=\"_blank\" rel=\"noopener \">Monday\u2019s Crypto Leaderboard: BNB And XRP Surge Past Market Leaders<\/a><\/div>\n<p><span style=\"font-weight: 400\">SHIB has been trading at around $0.00001378, up over 5% in the last 24 hours, according to <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/shiba-inu\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">data<\/span><\/a><span style=\"font-weight: 400\"> from CoinMarketCap.<\/span><\/p>\n<figure id=\"attachment_636677\" aria-describedby=\"caption-attachment-636677\" style=\"width: 860px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-636677 size-large\" src=\"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/08\/Shiba-Inu-SHIB-SHIBUSDT.png?w=860&#038;resize=860%2C409\" alt=\"Shiba Inu SHIB SHIBUSDT\" width=\"860\" height=\"409\" srcset=\"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/08\/Shiba-Inu-SHIB-SHIBUSDT.png?w=2372 2372w, https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/08\/Shiba-Inu-SHIB-SHIBUSDT.png?w=460 460w, https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/08\/Shiba-Inu-SHIB-SHIBUSDT.png?w=768 768w, https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/08\/Shiba-Inu-SHIB-SHIBUSDT.png?w=860 860w, https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/08\/Shiba-Inu-SHIB-SHIBUSDT.png?w=1536 1536w, https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/08\/Shiba-Inu-SHIB-SHIBUSDT.png?w=2048 2048w, https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/08\/Shiba-Inu-SHIB-SHIBUSDT.png?w=750 750w, https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/08\/Shiba-Inu-SHIB-SHIBUSDT.png?w=1140 1140w\" sizes=\"(max-width: 860px) 100vw, 860px\"><figcaption id=\"caption-attachment-636677\" class=\"wp-caption-text\">SHIB&#8217;s price trends to the downside on the daily chart. Source: <a href=\"https:\/\/www.tradingview.com\/chart\/?symbol=BINANCE%3ABTCUSDT\" target=\"_blank\" rel=\"noopener nofollow\"><strong>SHIBUSDT on Tradingview<\/strong><\/a><\/figcaption><\/figure>\n<p>Cover image from Dall-E, chart from Tradingview<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The possibility of Shiba Inu rising to $1 is one crypto community members look to support. This follows a recent poll by the crypto exchange CoinW, which showed that others besides the SHIB community believe such a price target may be attainable.\u00a0 Related Reading: Ethereum Transaction Costs Hit Historic Lows: What Does This Mean For ETH? Shiba Inu Rising To $1 Gains Community Support In an X (formerly Twitter) post, CoinW made a poll asking community members which prediction for the top-ranked crypto tokens is likely to happen first. This included the prediction of Shiba Inu rising to $1, which showed that the meme coin eventually rising to this price level has been considered and supported by notable figures in the crypto community.\u00a0 Shiba Inu rallying to $1 will undoubtedly be massive, representing over a 7 million percent price gain for the meme coin. However, such a price gain isn\u2019t new to Shiba Inu, considering that it recorded an unprecedented price gain of 150 million percent in the 2021 bull run. However, it remains uncertain whether or not reaching this price level can happen in this market cycle. Based on the most bullish predictions given for SHIB, the rally to $1 will unlikely happen in this bull run. Crypto analyst Ali Martinez, who has offered the most bullish price prediction for Shiba Inu, stated that the meme coin could rise to as high as $0.011 in this market cycle. Crypto analyst Armando Pantoja has predicted that Shiba Inu will rise to $0.001 in this bull run.\u00a0 While there is a consensus that Shiba Inu can eventually reach $1, some crypto analysts, like Oscar Ramos, have reservations about this happening. This came following his statement that Shiba Inu can\u2019t even reach $0.01 in this cycle due to its current supply of over 580 trillion.\u00a0 Shiba Inu\u2019s burn tracker previously noted that the meme coin will need to have a circulating supply of just over 85 billion to reach $0.01, meaning that Shiba Inu\u2019s supply will still need to be much less if it is to reach $1 eventually.\u00a0 Shiba Inu\u2019s Next Move While the crypto community contemplates when Shiba Inu\u2019s rise to $1 will happen, crypto analyst Javon Marks has provided insights into the meme coin\u2019s next move. Marks has predicted that the meme coin could enjoy a price rally to $0.000081, with Shiba Inu already holding a larger breakout.\u00a0 A rise to this price level represents an almost 500% price gain for the meme coin from its current price. However, Marks is confident that SHIB can make such a run, noting how certain bullish signals on the chart point to a bullish breakout for the meme coin. Related Reading: Monday\u2019s Crypto Leaderboard: BNB And XRP Surge Past Market Leaders SHIB has been trading at around $0.00001378, up over 5% in the last 24 hours, according to data from CoinMarketCap. Cover image from Dall-E, chart from Tradingview<\/p>\n","protected":false},"author":594,"featured_media":624288,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83740],"tags":[1946,83668,83667,84558],"class_list":["post-636661","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-shiba-inu","tag-ethereum","tag-shib","tag-shiba-inu","tag-shibusdt"],"acf":[],"yoast_head":"\n<title>Shiba Inu Secures Community Support To Rally To $1, Here\u2019s How<\/title>\n<meta name=\"description\" content=\"The possibility of Shiba Inu rising to $1 is one crypto community members look to support from its current levels.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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