Shiba

Bitcoin

Shiba Inu

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/analyst-who-predicted-bitcoin-surge-sets-new-target-for-shiba-inu-coin/" data-wpel-link="internal">Analyst Who Predicted Bitcoin Surge Sets New Target for Shiba Inu Coin</a><br></p>
<p style="text-align: justify"><a href="https://en.coin-turk.com/will-the-fed-continue-interest-rate-hikes-bloomberg-analyst-warns-of-a-possible-bitcoin-drop/" data-wpel-link="internal">Bitcoin</a> price started the second day of the year on an upward trend as Asian markets opened, doing as expected. It overcame tough resistance levels, leaving the $44,700 barrier behind. In the last 24 hours, it climbed as high as $45,879. So, what’s the latest with <a href="https://en.coin-turk.com/whale-activity-increases-in-altcoin-market-as-shiba-inu-and-xrp-experience-price-declines/" data-wpel-link="internal">Shiba</a> Inu (SHIB), the second-largest meme coin by market value?</p> 
<h2 style="text-align: justify" id="how-much-will-shiba-coin-be-worth">How Much Will Shiba Coin Be Worth?</h2> 
<p style="text-align: justify"><strong>BTC</strong>‘s price increase is fueled by optimism that an ETF approval could come in the next few hours. A portion of altcoins have made double-digit gains, and the rise continues. Shiba Coin was among the altcoins that turned green today, experiencing an increase of nearly 5%.</p> 
<p style="text-align: justify">With a market value of $6.4 billion, Shiba Coin’s price has more room to grow. If it even reaches half of Dogecoin’s 2021 market cap peak during this year’s expected bull rally, it would mean a significant rise.</p> 
<p style="text-align: justify"><strong>DOGE</strong> reached a market cap of $90 billion in the previous bull season, which means <strong>Shiba Coin</strong> could see an increase of nearly 700%. This indicates that by 2024, Shiba Coin could challenge the $0.00008084 mark.</p> 
<h2 style="text-align: justify" id="shiba-inu-coin-price-prediction">Shiba Inu Coin Price Prediction</h2> 
<p style="text-align: justify">Shiba Coin, having avoided the danger of falling to the middle of the channel, started to rise after bouncing back from $0.00001027. Investors are excited due to the anticipation of further increases in BTC price, and the second-largest meme coin, which has yet to perform the expected rally, is attracting attention. If it closes above $0.00001104, the channel resistance at $0.00001136 could be breached.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="wp-image-297100 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/01/SHIBUSDT_2024-01-02_13-39-36.png" alt="" width="1201" height="553"></p> 
<p style="text-align: justify">This resistance area was also challenging during the period around August 11, 2023, and since the price could not surpass the barrier, it saw a low near the June 14 bottom. In a positive scenario, with the continuation of the upward movement, we could see a return to $0.00001401 and $0.00001807, followed by $0.00002969. This level could now spark new all-time high (ATH) excitement, and bulls will want to remove one more zero above $0.00008828.</p> 
<p style="text-align: justify">Depending on the cumulative growth of cryptocurrencies, we might see a new historical peak in the $0.0001 region. However, this would require a repeat influx of new investors similar to previous bull markets and growth in the Shiba Coin ecosystem.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/analyst-who-predicted-bitcoin-surge-sets-new-target-for-shiba-inu-coin/" data-wpel-link="internal">Analyst Who Predicted Bitcoin Surge Sets New Target for Shiba Inu Coin</a></h5>

Analyst Who Predicted Bitcoin Surge Sets New Target for Shiba Inu Coin

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