{"id":590904,"date":"2024-03-01T17:00:36","date_gmt":"2024-03-01T17:00:36","guid":{"rendered":"https:\/\/wncen.com\/?p=590904"},"modified":"2024-06-11T08:03:44","modified_gmt":"2024-06-11T08:03:44","slug":"shiba-inu-see-a-2100-run","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/shiba-inu-coin\/shiba-inu-see-a-2100-run\/","title":{"rendered":"Shiba Inu Could See A 2,100% Run If This Happens"},"content":{"rendered":"

Shiba Inu (SHIB) Marketing Lead, Lucie<\/span><\/a>, has highlighted a move that could see the SHIB token make a 2,100% gain if history were to repeat itself. There is also the belief that the meme coin could even go on to enjoy a higher gain this time around, considering <\/span>initiatives<\/span><\/a> that have been put in place to increase its value.\u00a0<\/span><\/p>\n

SHIB To Replicate 2021 Run?<\/h2>\n

Lucie mentioned in an X (formerly Twitter) <\/span>post<\/span><\/a> that SHIB surged by 800% in 2021 without any burns and hinted at something similar happening this year. Interestingly, the 800% gain Lucie referred to is way more than that (over 2,100%). Meanwhile, she highlighted how token burns and stead demand could contribute to such a parabolic move this time.\u00a0<\/span><\/p>\n

Related Reading: Solana On A Roll: Crypto Analyst Predicts Push To $600<\/a><\/div>\n

Indeed, the <\/span>token burns<\/span><\/a> carried out so far by the <\/span>SHIB community<\/span><\/a> has so far sparked price surges for SHIB at different times. As such, SHIB can be expected to experience more moves to the upside even as more token burns are carried out. These token burns will also increase as <\/span>Shibarium<\/span><\/a> gains wider adoption.\u00a0<\/span><\/p>\n

As Lucie noted, demand for the <\/span>SHIB token<\/span><\/a> is also essential, as token burns do not work in isolation. For the meme coin\u2019s value to rise significantly, there needs to be an increased demand for it even as it becomes more scarce. Lucie seemed optimistic that SHIB could replicate this 2021 run as she added that the meme coin is \u201cpoised for growth and waits for no one.\u201d<\/span><\/p>\n

More Than Just A Meme Coin<\/h2>\n

Last year, the <\/span>Shiba Inu team<\/span><\/a> made a statement with the launch of the <\/span>layer-2 network Shibarium<\/span><\/a>, revealing their intentions to make SHIB more than just a meme coin. So far, they have done a great job, as the Shibarium launch has added more utility for the crypto token and caused its demand to rise.\u00a0<\/span><\/p>\n

Related Reading: Dogecoin Rallies 50% To Beat Out Avalanche, BONK Overtakes PEPE<\/a><\/div>\n

SHIB\u2019s status as being more than just a meme coin is even more significant when one considers how <\/span>Ripple\u2019s CEO Brad Garlinghouse<\/span><\/a> had, during the 2024 <\/span>World Economic Forum (WEF)<\/span><\/a>, criticized Dogecoin (DOGE) for not providing any real-life utility.\u00a0<\/span><\/p>\n

While such a statement is not necessarily true about DOGE, it, however, puts SHIB on a higher pedestal, considering how much it has achieved since Shibarium launched last year. The team is also not slowing down, as they have a lot <\/span>planned for 2024<\/span><\/a>. The SHIB ecosystem is undoubtedly growing, and the meme coin is at the helm of all of it.\u00a0\u00a0<\/span><\/p>\n

At the time of writing, SHIB is trading at around $0.00001282, down almost 8% in the last 24 hours, according to <\/span>data<\/span><\/a> from CoinMarketCap.\u00a0<\/span><\/p>\n

\"Shiba<\/p>\n

SHIB price at $0.0000129 | Source: SHIBUSD on Tradingview.com<\/a><\/pre>\n
Featured image from CCN.com, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Shiba Inu (SHIB) Marketing Lead, Lucie, has highlighted a move that could see the SHIB token make a 2,100% gain if history were to repeat itself. There is also the belief that the meme coin could even go on to enjoy a higher gain this time around, considering initiatives that have been put in place to increase its value.\u00a0 SHIB To Replicate 2021 Run? Lucie mentioned in an X (formerly Twitter) post that SHIB surged by 800% in 2021 without any burns and hinted at something similar happening this year. Interestingly, the 800% gain Lucie referred to is way more than that (over 2,100%). Meanwhile, she highlighted how token burns and stead demand could contribute to such a parabolic move this time.\u00a0 Related Reading: Solana On A Roll: Crypto Analyst Predicts Push To $600 Indeed, the token burns carried out so far by the SHIB community has so far sparked price surges for SHIB at different times. As such, SHIB can be expected to experience more moves to the upside even as more token burns are carried out. These token burns will also increase as Shibarium gains wider adoption.\u00a0 As Lucie noted, demand for the SHIB token is also essential, as token burns do not work in isolation. For the meme coin\u2019s value to rise significantly, there needs to be an increased demand for it even as it becomes more scarce. Lucie seemed optimistic that SHIB could replicate this 2021 run as she added that the meme coin is \u201cpoised for growth and waits for no one.\u201d More Than Just A Meme Coin Last year, the Shiba Inu team made a statement with the launch of the layer-2 network Shibarium, revealing their intentions to make SHIB more than just a meme coin. So far, they have done a great job, as the Shibarium launch has added more utility for the crypto token and caused its demand to rise.\u00a0 Related Reading: Dogecoin Rallies 50% To Beat Out Avalanche, BONK Overtakes PEPE SHIB\u2019s status as being more than just a meme coin is even more significant when one considers how Ripple\u2019s CEO Brad Garlinghouse had, during the 2024 World Economic Forum (WEF), criticized Dogecoin (DOGE) for not providing any real-life utility.\u00a0 While such a statement is not necessarily true about DOGE, it, however, puts SHIB on a higher pedestal, considering how much it has achieved since Shibarium launched last year. The team is also not slowing down, as they have a lot planned for 2024. The SHIB ecosystem is undoubtedly growing, and the meme coin is at the helm of all of it.\u00a0\u00a0 At the time of writing, SHIB is trading at around $0.00001282, down almost 8% in the last 24 hours, according to data from CoinMarketCap.\u00a0 SHIB price at $0.0000129 | Source: SHIBUSD on Tradingview.com Featured image from CCN.com, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":590917,"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":[83668,89178,83667,89157,86437,89425,84562,84558],"class_list":["post-590904","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-shiba-inu-coin","tag-shib","tag-shib-news","tag-shiba-inu","tag-shiba-inu-news","tag-shiba-inu-price","tag-shiba-inu-team","tag-shibusd","tag-shibusdt"],"acf":[],"yoast_head":"\nShiba Inu Could See A 2,100% Run If This Happens<\/title>\n<meta name=\"description\" content=\"Shiba Inu Marketing Lead, Lucie, has highlighted a move that could see the SHIB token make a 2,100% gain if history were to repeat itself.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. 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. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Shiba Inu Could See A 2,100% Run If This Happens","url":"http:\/\/wncen.com\/news\/shiba-inu-coin\/shiba-inu-see-a-2100-run\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/shiba-inu-coin\/shiba-inu-see-a-2100-run\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/03\/Shiba-Inu-Small.jpeg?resize=200%2C180","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/03\/Shiba-Inu-Small.jpeg?fit=320%2C180"},"articleSection":"Shiba Inu Coin","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["shib","shib news","shiba inu","shiba inu news","shiba inu price","shiba inu team","shibusd","shibusdt"],"dateCreated":"2024-03-01T17:00:36Z","datePublished":"2024-03-01T17:00:36Z","dateModified":"2024-06-11T08:03:44Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Shiba Inu Could See A 2,100% Run If This Happens\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/shiba-inu-coin\\\/shiba-inu-see-a-2100-run\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/shiba-inu-coin\\\/shiba-inu-see-a-2100-run\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/Shiba-Inu-Small.jpeg?resize=200%2C180\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/Shiba-Inu-Small.jpeg?fit=320%2C180\"},\"articleSection\":\"Shiba Inu Coin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"shib\",\"shib news\",\"shiba inu\",\"shiba inu news\",\"shiba inu price\",\"shiba inu team\",\"shibusd\",\"shibusdt\"],\"dateCreated\":\"2024-03-01T17:00:36Z\",\"datePublished\":\"2024-03-01T17:00:36Z\",\"dateModified\":\"2024-06-11T08:03:44Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/03\/Shiba-Inu-Small.jpeg?fit=320%2C180","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/590904"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=590904"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/590904\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/590917"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=590904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=590904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=590904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}