{"id":572505,"date":"2024-01-31T20:00:51","date_gmt":"2024-01-31T20:00:51","guid":{"rendered":"https:\/\/wncen.com\/?p=572505"},"modified":"2024-06-11T07:08:49","modified_gmt":"2024-06-11T07:08:49","slug":"shiba-inu-price-surge-0-00001","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/shiba-inu-coin\/shiba-inu-price-surge-0-00001\/","title":{"rendered":"Crypto Analyst Predicts Shiba Inu Price To Surge Above $0.00001"},"content":{"rendered":"

After months of experiencing slow growth, the Shiba Inu native token <\/span>SHIB<\/span><\/a> has begun riding the bull market wave and surging with new gains. As a result, a crypto analyst has predicted new highs for the doggy-themed cryptocurrency, estimating the price of SHIB to reach $0.00001.<\/span><\/p>\n

Analyst Foresees Bullish Trajectory For Shiba Inu<\/h2>\n

Crypto analyst and investor SHIB Knight took to X (formerly Twitter) on Monday to <\/span>discuss<\/span><\/a> SHIB’s recent price movements. Lately, the doggy-themed token has been witnessing <\/span>significant price increases<\/span><\/a>, pushing it closer to the coveted $0.00001 price mark.\u00a0<\/span><\/p>\n

According to CoinMarketCap, SHIB has recorded about 1.32% in gains over the last seven days and is trading at a price of $0.000009 at the time of writing.\u00a0<\/span><\/p>\n

Martinez shared a chart illustrating SHIB\/Tether\u2019s price movements. He disclosed that the <\/span>price of SHIB<\/span><\/a> was experiencing a technical breakout on a two-hour chart from the downtrend that has been plaguing the cryptocurrency market. This suggests that the <\/span>Shiba Inu<\/span><\/a> token may be on its way to a price recovery after experiencing significant declines despite its flourishing ecosystem and community.<\/span><\/p>\n

Subsequently, SHIB Knight shared another chart showing SHIB\u2019s price movement with an arrow pointing toward a surge to $0.000014. The crypto analyst <\/span>predicted<\/span><\/a> that SHIB could pump at any time, suggesting that investors should stay alert and keep watch of the cryptocurrency\u2019s present bullish outlook.\u00a0<\/span><\/p>\n

\"Shiba<\/p>\n

SHIB price at $0.00000899 | Source: SHIBUSD on Tradingview.com<\/a><\/pre>\n

Analyst Predicts SHIB To Surge To $0.01<\/h2>\n

As the crypto market gradually exits <\/span>bearish trends<\/span><\/a> that have been causing the declines of many altcoins, SHIB has positioned itself at the forefront of the potential market recovery, preparing for the anticipated <\/span>2024 bull run.\u00a0<\/span><\/a><\/p>\n

Crypto analyst Ali Martinez <\/span>disclosed<\/span><\/a> in an X post that SHIB is gearing up for a significant upswing that could push it to unprecedented highs. Martinez shared a chart initially published on TradingView, illustrating the price trends and movements of SHIB from November 2023 to February 2024.\u00a0<\/span><\/p>\n

The chart revealed red and green zones in Shiba Inu\u2019s token price trend. Relying on his analysis of these price movements, Martinez predicted that the value of SHIB could climb as high as $0.010 or potentially surpass that price mark to $0.011. The occurrence of this event could signify a potential <\/span>breakthrough for the cryptocurrency<\/span><\/a> as SHIB has only been able to achieve an all-time high of $0.0009 since its inception.\u00a0<\/span><\/p>\n

Featured image from Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

After months of experiencing slow growth, the Shiba Inu native token SHIB has begun riding the bull market wave and surging with new gains. As a result, a crypto analyst has predicted new highs for the doggy-themed cryptocurrency, estimating the price of SHIB to reach $0.00001. Analyst Foresees Bullish Trajectory For Shiba Inu Crypto analyst and investor SHIB Knight took to X (formerly Twitter) on Monday to discuss SHIB’s recent price movements. Lately, the doggy-themed token has been witnessing significant price increases, pushing it closer to the coveted $0.00001 price mark.\u00a0 According to CoinMarketCap, SHIB has recorded about 1.32% in gains over the last seven days and is trading at a price of $0.000009 at the time of writing.\u00a0 Martinez shared a chart illustrating SHIB\/Tether\u2019s price movements. He disclosed that the price of SHIB was experiencing a technical breakout on a two-hour chart from the downtrend that has been plaguing the cryptocurrency market. This suggests that the Shiba Inu token may be on its way to a price recovery after experiencing significant declines despite its flourishing ecosystem and community. Subsequently, SHIB Knight shared another chart showing SHIB\u2019s price movement with an arrow pointing toward a surge to $0.000014. The crypto analyst predicted that SHIB could pump at any time, suggesting that investors should stay alert and keep watch of the cryptocurrency\u2019s present bullish outlook.\u00a0 SHIB price at $0.00000899 | Source: SHIBUSD on Tradingview.com Analyst Predicts SHIB To Surge To $0.01 As the crypto market gradually exits bearish trends that have been causing the declines of many altcoins, SHIB has positioned itself at the forefront of the potential market recovery, preparing for the anticipated 2024 bull run.\u00a0 Crypto analyst Ali Martinez disclosed in an X post that SHIB is gearing up for a significant upswing that could push it to unprecedented highs. Martinez shared a chart initially published on TradingView, illustrating the price trends and movements of SHIB from November 2023 to February 2024.\u00a0 The chart revealed red and green zones in Shiba Inu\u2019s token price trend. Relying on his analysis of these price movements, Martinez predicted that the value of SHIB could climb as high as $0.010 or potentially surpass that price mark to $0.011. The occurrence of this event could signify a potential breakthrough for the cryptocurrency as SHIB has only been able to achieve an all-time high of $0.0009 since its inception.\u00a0 Featured image from Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":572661,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[92559],"tags":[167,6664,26263,14690,83668,89178,84473,83667,89157,91436,86437,84562,84558],"class_list":["post-572505","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-shiba-inu-coin","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-shib","tag-shib-news","tag-shib-price","tag-shiba-inu","tag-shiba-inu-news","tag-shiba-inu-prediction","tag-shiba-inu-price","tag-shibusd","tag-shibusdt"],"acf":[],"yoast_head":"\nCrypto 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. 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