Shiba Inu is undoubtedly one of the most promising cryptocurrency meme tokens in the space. SHIB has lately been documenting a mellow price pace. However, now that Bitcoin is once again gaining momentum, the altcoin market could soon stabilize, with coins like SHIB gaining momentum again. In the middle of the crypto market optimism spurred by Bitcoin’s recent ascent to $100K, one analyst has predicted a fresh new price path for SHIB, which can help the token claim the ambitious $0.000066651 price mark.
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Shiba Inu: An Ecosystem That Keeps Delivering
The Shiba Inu ecosystem is brewing some new developments as of late, keeping its community members engaged and entertained for a long. For instance, SHIB Ecosystem has announced the launch of its highly anticipated TREAT token, enabling users to bank on another compelling crypto meme coin for the long haul. TREAT token has been under for many years and is finally making a comeback, which again could help turn the tables around for SHIB in the near future.
TREAT 👇🏽 https://t.co/HTB1dszRDj
— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) January 5, 2025
Apart from spectacular ecosystem overhauls, one analyst by the name of “Strong” on X has predicted a new price trajectory for Shiba Inu. Outlining a detailed post on X, Strong shared how SHIB is currently brewing a “monster move,” executing a track that could catapult its price to $0.00006651.
Streamlining the bullish elements backing his predictions, Strong pointed out how SHIB’s HTF chart looks great, adding more credibility to his prediction. At the same time, SHIB could soon break out of its 4-year downtrend, surging as high as $0.00006651 in a go.
“Shib will do what it does, “slowly then all at once, a monster vertical move. HTF chart looks super bullish: a catch-up play to $DOGE. Largest ERC token on $ETH. Soon a breakout of a 4y downtrend. A bullish $SHIB is good for risk-on crypto. It’s almost time.”
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The Token’s Price Prediction for January
As far as the current SHIB metrics are concerned, per CoinCodex, the token can rise to hit the $0.00002413 price mark by the end of January 2025.
“According to our current Shiba Inu price prediction, the price of Shiba Inu is predicted to rise by 0.89% and reach $0.00002413 by February 6, 2025. Per our technical indicators, the current sentiment is neutral while the Fear & Greed Index is showing 76 (extreme greed). Shiba Inu recorded 15/30 (50%) green days with 12.22% price volatility over the last 30 days. Based on the Shiba Inu forecast, it’s now a good time to buy Shiba Inu.”
However, CC predicts SHIB to hit $0.00004819 by July 2025.
“According to our current Shiba Inu price prediction, the price of Shiba Inu is predicted to rise by 101.53% and reach $ 0.00004819 by July 6, 2025. Per our technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing 76 (Extreme Greed). Shiba Inu recorded 15/30 (50%) green days with 12.22% price volatility over the last 30 days. Based on the Shiba Inu forecast, it’s now a good time to buy Shiba Inu.“
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