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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 ...

According to investor Jake Gagain, Shiba Inu’s (SHIB) market cap could surge to $100 billion this cycle. In its 4-year history, SHIB has experienced immense success. The asset’s price rallied by many million percent during the 2021 bull run. In 2024, SHIB climbed into the top 15. crypto projects by market cap. $SHIB To 100 Billion This Cycle. @ShibToken — JAKE (@JakeGagain) July 20, 2024 If SHIB’s market cap reaches $100 billion, the price of each token will become $0.000169, given the number of tokens in circulation remains the same at around 589 trillion. Reaching $0.000169 from current price levels will translate to a rally of about 884.8%. Also Read: Shiba Inu: AI Predicts SHIB Price For July 31, 2024 The asset’s price could go even higher if its circulating supply goes down. Shiba Inu (SHIB) seems to be undergoing a significant price correction at the moment. The asset’s price has fallen 3.8% in the daily charts, 13.2% in the weekly charts, and 5...

Shiba Inu (SHIB) is following the larger market rebound, rallying 3.3% in the daily charts, 14% in the weekly charts, and 9.3% in the 14-day charts. SHIB continues to glow red in the monthly chart, down 9.6% over the last 30 days. Source: CoinGecko Also Read: Shiba Inu: You Could Have Made $11 Million By Investing Just $62 The latest rebound could be due to increased open interest in major crypto projects and due to the increased chances of Donald Trump winning the US Presidential race. Trump is a vocal crypto supporter and has enabled crypto donations for his campaigns. Shiba Inu to hit $0.0004 Source – Token Metrics According to the researchers at CoinCodex, SHIB will break out over the next few days. The platform anticipates the dog-themed crypto to hit $0.00004171 on July 21, 2024. Hitting $0.00004171 from current price levels would lead to a rally of nearly 123%. CoinCodex analysts do not anticipate SHIB’s price to hold at $0.00004, predicting a correction to around cur...

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...

Cryptocurrency investors are constantly on the lookout for coins that have the potential to deliver substantial returns. With May approaching, three coins have emerged as top contenders for achieving 10X profits: Golem (GLM), Popcat ( POPCAT ), and Shiba Inu (SHIB).   Golem (GLM)  Source: CoinCentral Golem , a decentralized computing power platform, has been making significant strides in recent days. Currently trading at $0.5408, GLM has experienced an impressive 14.72% increase in the past 24 hours. The coin’s market cap has also surged by 14.72%, reaching $540,793,622 and securing the 126th position in the cryptocurrency rankings. With a 24-hour trading volume of $569,127,539, Golem has demonstrated strong demand and investor interest. The coin’s 24-hour low and high stand at $0.4624 and $0.6016, respectively. Although GLM is currently trading 56.86% below its all-time high of $1.25, reached on January 8, 2018, the recent price action suggests that the coin may...

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...