• Home
  • About Us
  • Privacy Policy
  • Terms and Conditions
  • Team
  • Contact
Sunday, May 25, 2025
FinCurrency
No Result
View All Result
  • Home
  • News
  • Finance
  • Economy
  • Crypto
  • Home
  • News
  • Finance
  • Economy
  • Crypto
No Result
View All Result
FinCurrency
No Result
View All Result

Is Shiba Inu Ready For A New All-Time High Above $0.00008? Analyst Says Yes

Sergio Gruber by Sergio Gruber
September 28, 2024
in Crypto, News
Reading Time: 2 mins read
A A
0
Is Shiba Inu Ready For A New All-Time High Above $0.00008? Analyst Says Yes
0
SHARES
3
VIEWS
FacebookTweetPinShareShare

Este artículo también está disponible en español.

Shiba Inu Targets New All-Time Highs

Shiba Inu (SHIB), the popular doggy-themed meme coin, has recently exhibited a substantial price increase, jumping from around $0.00001 to $0.00002 in the last few weeks. This significant price surge suggests that SHIB could be on the verge of a parabolic rally in the Fourth Quarter (Q4) of 2024.

Related Reading

According to a prominent crypto analyst and Shiba Inu supporter known as ‘SHIB Knight,’ the meme coin’s current bullish performance indicates a promising price outlook. In a post on X (formerly Twitter), SHIB Knight shared a price chart, predicting that Shiba Inu is poised to surpass the $0.00008 mark.

Further solidifying his optimistic forecast, SHIB Knight declared that Shiba Inu was finally ready to achieve a new all-time high, marking a significant milestone for the meme coin. Back in October 2021, Shiba Inu reached an all-time high of $0.000086, reflecting a 75.59% increase from its current price. With SHIB currently trading at $0.00002, a 330% surge would be required to reclaim its previous peak.

Although SHIB Knight has not provided a specific date or price target, he confidently announced that Shiba Inu could surpass its all-time highs during this bull cycle, potentially breaking above the $0.000086 mark.

SHIB Maintains Powerful Momentum

Shiba Inu has been on a robust upward trend in recent weeks, achieving double-digit gains despite earlier market declines. The meme coin’s recent performance suggests a renewed interest and demand from investors.

Data from CoinMarketCap reveals that SHIB has jumped by 48.20% over the past month. Additionally, the cryptocurrency saw another 45.84% increase in the last seven days, underscoring its strong price dynamics.

Related Reading

Other meme coins, such as Dogecoin (DOGE) and Pepe (PEPE), have also been gaining momentum in the past week. Pepe recorded a price increase of over 38%, while Dogecoin rose by 17% during the same period.

This shift from bearish to bullish trends highlights a significant change in investor sentiment towards the meme coin market. A crypto analyst known as ‘AllInCrypto’ on X has acknowledged the recent positive momentum in meme coins, noting that Shiba Inu’s price dynamics are looking promising.

The analyst also mentioned that the pullback for meme coins is likely over, evidenced by Shiba Inu’s impressive price movements, which have recorded additional gains of 9.48% just today.

With SHIB maintaining strong momentum and investor interest, the meme coin appears to be preparing for a substantial rally, potentially reaching new all-time highs in the near future.

Tags: analystcryptocrypto analystCrypto newsSHIBSHIB newsSHIB priceShiba InuShiba Inu newsShiba Inu PriceSHIBUSDSHIBUSDT
Previous Post

Maker Price Heats Up, Soars 12% In A Week — Is $1,850 The Next Stop?

Next Post

Chainlink (LINK) Double Breakout, Buy Signal or What?

Sergio Gruber

Sergio Gruber

Financial writer Hello, my name is Sergio Gruber and I am a finance editor with a specialization in blockchain and cryptocurrency. I have a deep understanding of how the financial world is being transformed by these exciting technologies.I received my degree in Finance Editing from Western Washington University, where I learned how to combine my passion for writing and financial analysis. Since then, I have worked with a number of high-profile publications, helping to educate and inform readers about the latest developments in the world of blockchain and cryptocurrency.

Next Post
Chainlink (LINK) Double Breakout, Buy Signal or What?

Chainlink (LINK) Double Breakout, Buy Signal or What?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Popular News

  • How BlockDAG’s Community-First Strategy Raised $68.3M in Presale; Cardano To Roll out New Update & Solana Price Prediction Bullish

    How BlockDAG’s Community-First Strategy Raised $68.3M in Presale; Cardano To Roll out New Update & Solana Price Prediction Bullish

    0 shares
    Share 0 Tweet 0
  • Top 10 Altcoins Under $1 to Invest in 2025

    0 shares
    Share 0 Tweet 0
  • Alex Mashinsky Net Worth: From Tech Pioneer to Legal Battle

    0 shares
    Share 0 Tweet 0
  • Vanguard Routing Number: How to Find and Use It

    0 shares
    Share 0 Tweet 0
  • How to Earn Passive Income? Embrace the Future of Passive Income and Earn 20% Instant USDT with Caged Beasts Coin

    0 shares
    Share 0 Tweet 0

Recent News

$12k Void Opens Up Possibility Of Crash Toward $75,000

$12k Void Opens Up Possibility Of Crash Toward $75,000

January 11, 2025
Phishing, Fake Mining Scams, and $474K Loss in One Week

Phishing, Fake Mining Scams, and $474K Loss in One Week

January 11, 2025
3 kleine crypto’s met potentie

3 kleine crypto’s met potentie

January 11, 2025
Unbelievable 1000x Return in Just 12 Hours!

Crypto Whale Bags $4.9M in Profit with Solana’s AI Meme Coin

January 11, 2025
FinCurrency Logo White Mode Retina Mobile

FinCurrency is a user-friendly platform that stands out as a unique source where our strong team of experienced and academically qualified writers, who are experts in their fields, analyze current issues and global affairs related to the finance and crypto world in an enjoyable and non-technical approach.

$12k Void Opens Up Possibility Of Crash Toward $75,000

$12k Void Opens Up Possibility Of Crash Toward $75,000

January 11, 2025
Phishing, Fake Mining Scams, and $474K Loss in One Week

Phishing, Fake Mining Scams, and $474K Loss in One Week

January 11, 2025
3 kleine crypto’s met potentie

3 kleine crypto’s met potentie

January 11, 2025
Unbelievable 1000x Return in Just 12 Hours!

Crypto Whale Bags $4.9M in Profit with Solana’s AI Meme Coin

January 11, 2025

WARNING:

The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision. The information on this website is general in nature so you must consider the information in light of your objectives, financial situation and needs.
Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. This website is free for you to use but we may receive a commission from the companies we feature on this site.

  • Home
  • About Us
  • Privacy Policy
  • Terms and Conditions
  • Team
  • Contact

© 2024 FinCurrency - Global News

No Result
View All Result
  • Home
  • News
  • Economy
  • Finance
  • Crypto
  • Technology
  • Terms and Conditions
  • Contact

© 2024 FinCurrency - Global News

Banner 1
Banner 2
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Terms and Conditions.