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Shiba Inu’s recent price metrics have displayed a bearish trend. Investors are keen to explore narratives where SHIB can replicate its historic 2021 price rally, the one in which the token was at its prime to disseminate stellar returns. In this wake, the SHIB ecosystem has launched a new exciting element through which the SHIB burn mechanism can increase its performance. Also Read: Shiba Inu (SHIB) Turns 4: August Price Predictions SHIB To Burn Brighter Than Ever The Shiba Inu Ecosystem has finally launched its beta version of the Shiba Eternity Game. The web3 version of the game is set to play a vital role in determining the future price of SHIB, as it will contribute to the evergreen SHIB burn mechanism. According to Lucie, Shiba Inu’s marketing lead, the game will help burn significant SHIB tokens. She shared how users will be compelled to make transactions within the game using the bone token. Since the game is launched on Shibarium, using BONE tokens will directly help burn ...

With Bitcoin hitting its newest low of $54K, the altcoin market is currently encountering stark mayhem. Several leading altcoins are bleeding red, basking in the current bearish onslaught sweeping over the cryptocurrency realm. While some analysts have called this opportunity a unique predicament to stock up on altcoins, others have lost their significant crypto holdings, mourning their loss. In this wake, Shiba Inu is also giving ambiguous price hints. The token’s economic development and current price momentum are both giving mixed signals. Also Read: Shiba Inu: Expert Says Hold SHIB Before Bitcoin Skyrockets To $75K shib a-inu-what-s-the-current-trajectory-of- shib ">Shiba Inu: What’s the Current Trajectory of SHIB? Source: DailyHodl Shiba Inu, one of the most popular meme coins existing in the currency space, has dramatically plummeted in the last 24 hours. The token has lost nearly 14% of its value in the last 24 hours and is currently trading at $0.00001342. Per CoinCo...

Shiba Inu is currently trading around the $0.000015 price range and another leg down could make it add a zero. SHIB has been spiraling downward since Q2 of 2024 and the development is testing the patience of investors. While investors want the token to delete its zeroes, it seems to be adding one. Also Read: Shiba Inu: Employees To Resign From Work If SHIB Rises 100,000% The dog-themed cryptocurrency is currently trading in the indices with four zeroes and traders are hoping for it to delete a zero and move with three zeroes in the charts. In this article, we will highlight when Shiba Inu could knock out its fourth zero and reach three zeroes at $0.0001. SHIB: When Will Shiba Inu Delete Its Fourth Zero & Hit $0.0001? Source: Unsplash A leading on-chain metrics and price prediction firm Coinpedia has forecasted when SHIB could delete its fourth zero. According to the forecast, it is estimated that Shiba Inu might knock out its fourth zero and trade at $0.0001 in 2028. That’s anothe...

Shiba Inu is one of the most trusted coins in the cryptocurrency market. It took considerable time and effort for SHIB to establish a robust user base—one that is passionate enough to make SHIB’s one-cent dream a near reality. As Bitcoin nears $70k, accompanying predictions of the token touching $110k soon, the altcoin rush is bound to unravel along with it, ushering in a new era for Shiba Inu investors. In the meantime, here are three reasons why SHIB is bound to achieve its $0.01 dream sooner rather than later. Also Read: Will Shiba Inu Reach $0.01 If SHIB ETF is Approved? Three Reasons Why SHIB Is Set To Achieve The $0.01 Price Mark Source: Unsplash Solid Community Base The Shiba Inu ecosystem boasts a stellar community base. The SHIB community is one of the most sought-after communities that labels itself as the “SHIB Army.” In a realm that is heavily dependent on the rise and surge of coins, with profitability factors in check, it’s rare to fin...

Shiba Inu [SHIB] has been a topic of intense discussion and speculation within the community. At press time, the asset was priced at $0.00002545, reflecting a 2.49% increase over the past hour and a 5.44% rise in the last 24 hours. Amidst these gains, the asset’s market cap surged by 4% to $15.6 billion. SHIB’s performance last month was quite volatile, with a notable 27.16% decline. However, it has clearly rebounded with an 11% gain this month. Source The Hypothetical Scenario: SHIB at $1 The idea of Shiba Inu reaching a price of $1 has been a tantalising albeit highly speculative, thought among investors. To understand the potential impact, let’s consider a hypothetical scenario where SHIB hits this ambitious price target. At its current price of $0.00002545, a $1,000 investment in SHIB would acquire around 39,184,952 or 39.18 million tokens. If SHIB were to achieve the $1 mark, the value of this investment would soar to a whopping $39.18 million. For contex...

The cryptocurrency market continues to maintain its volatile momentum, and the famous dog-themed meme coin Shiba Inu (SHIB) is no exception. Machine learning and artificial intelligence (AI) algorithms are predicting further advances for the ‘Dogecoin (DOGE) killer’ in the near future. According to the most recent data retrieved from the crypto analytics and forecasting platform PricePredictions, an advanced price projecting algorithm anticipates the price of Shiba Inu to reach $0.00002 by May 5, 2024. Based on indicators like Bollinger Bands (BB), average true range (ATR), relative strength index (RSI), and moving average convergence divergence (MACD), this prediction says that the price of SHIB will go down from where it is now. Also read: Top 3 Meme Coins For 10X Gains To Include In Your Portfolio Shiba Inu’s Price Performance  Shiba Inu has exhibited muted performance in recent weeks, closely approaching its main competitor, Dogecoin, in terms of m...

Shiba Inu (SHIB) enthusiasts are looking towards the future with optimism amidst volatility. Despite the recent price decline, a tweet by SHIB team member Lucie has reignited hopes of a potential super cycle for the popular meme-inspired cryptocurrency. Lucie stated, “Zoom out. We’re still on track for a super cycle as far as I can see. It’s never a straight line to heaven. 2024/2025 will be interesting.” Zoom out. We're still on track for a super cycle as far as I can see. It's never a straight line to heaven. 2024/2025 will be interesting. $BTC x $SHIB pic.twitter.com/olvTGmjIJC — 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO (@LucieSHIB) April 17, 2024 Also read: Binance Obtains Regulatory License in Dubai Changelly analysts echo this sentiment, predicting that SHIB could reach the $0.0001 mark by December 2027. While this target may seem distant, the upcoming Bitcoin halving event in 2024 has the potential to catalyze bullish market sentiment, whic...

Often dubbed as the “Dogecoin killer,” SHIB has intrigued investors with its playful branding and promises of remarkable returns. As we step into the inaugural week of April, all eyes are on SHIB, with traders eagerly awaiting its next move. Over the past 24 hours, SHIB has experienced a marginal decline of nearly 2% in its value. Presently trading at $0.00002986 and boasting a market capitalization exceeding $17.9 billion, SHIB demonstrates resilience amidst the ever-changing crypto landscape. Forecasts and Anticipation Changelly, a reputable cryptocurrency exchange, foresees an eventful week ahead for Shiba Inu. Analysts anticipate a double-digit surge in SHIB’s value, peaking at $0.00003934. This projection signifies a substantial 31% increase from its current trading price, presenting a potentially lucrative opportunity for investors. Source Also Read: Shiba Inu (SHIB) Up 170% in March, Targets $0.00009 Pre-Halving Recent Developments and Concerns H...

Shiba Inu (SHIB), following the larger crypto market trend, has seen a meteoric rise over the last few days. SHIB’s price is up 255.9% in the weekly charts, 306.5% in the 14-day charts, and nearly 332% over the previous month. Moreover, SHIB’s price has increased by 250.6% since March 2023. Source: CoinGekco Also Read: Shiba Inu To Announce Launch of New Product: Will Push SHIB To $0.001? SHIB’s latest rally has brought a majority of holders into profits. According to the data from IntoTheBlock, 84% of SHIB holders are now in the money. Meanwhile, 12% are still at a loss, and 4% are even. You could have grown your profits 4x with Shiba Inu (SHIB) since 2023 Source: wall.alphacoders.com If you had invested $1000 monthly since June 2023, you would have put in $9,000 till now. However, the portfolio’s value would have grown to $38,388.02, a rise of 326.5%. Your investment would have grown 4X in the last nine months. Source: CryptoDCA Also Read:...

The 1 Cent dream is the heartbeat of millions of Shiba Inu investors who want to see SHIB reach the $0.01 mark. The day Shiba Inu’s price hits $0.01, resignations will be sent en masse and new homes will be booked. The life of an average investor will get to taste the millionaire lifestyle leading to immediate retirement for the good. However, the ‘1 Cent dream’ is becoming difficult to turn into reality as three things are stopping its price from reaching $0.01. So what’s stopping Shiba Inu from reaching the $0.01 milestone? In this article, we will highlight the top three reasons that are making SHIB difficult to hit the 1 Cent mark. Also Read: Shiba Inu: You Could Have Made $3 Million With Less than $500 Shiba Inu: These 3 Developments Stop SHIB From Reaching $0.01 Shibarium Burns Source – Analytics Insight Shibarium was touted to be the Messiah of SHIB and speculations were rife that it could burn trillions of tokens. Nonetheless, the rea...

Shiba Inu (SHIB), one of the most popular memecoins, has surged by nearly 10% in the weekly charts. Although the token’s price has struggled for most of 2023, it has shown strong growth since October. SHIB struggled to overcome the $0.000008 resistance level, but now it is getting closer to surpassing $0.000009. Source: CoinGecko Also Read: Shiba Inu: How Much To Invest To Be a Millionaire If It Hits $0.05? Since January 2023, Shiba Inu (SHIB) has grown by about 10%. On the other hand, altcoins such as Solana (SOL) have surged by over 400% in the same time frame. Bitcoin (BTC), the original crypto, has surged nearly 120% since January. Hence, SHIB’s performance has been a little underwhelming so far in 2023. Can Shiba Inu (SHIB) reach $0.00001 this week? Source – ZyCrypto SHIB is now chasing the $0.00001 price level, last seen in August 2023. Despite having the highly anticipated Shibarium launch earlier this year, the asset’s price did not move much...