Shiba Inu Price Prediction: Can SHIB Price Repeat History, Is A 100x Rally On The Cards?
The post Shiba Inu Price Prediction: Can SHIB Price Repeat History, Is A 100x Rally On The Cards? appeared on BitcoinEthereumNews.com.
Shiba Inu (SHIB) produced stunning returns in 2021 before captivating numerous investors into expecting another major price surge. The current value of Shiba Inu (SHIB) stands at $0.00001998 while analysts predict two target points: $0.00023 and $0.0000298. While everyone debates Shiba Inu’s chances of a massive breakout, a different altcoin called Remittix(RTX) has soared in popularity. Early presale numbers show over $7M raised, and 335 Milliontokens sold at $0.0350, pushing a next price of $0.0364. This leaves many wondering if Shiba Inu (SHIB) can repeat its history or if Remittix (RTX) might steal the spotlight. Reflecting on SHIB’s 2021 Gains Anyone who followed Shiba Inu(SHIB) in 2021 remembers the extraordinary bull run that turned small stakes into fortunes. Critics call it a fluke powered by social media mania, while supporters cite factors like token burns, community engagement, and evolving use cases like ShibaSwap. Today, skeptics note that Shiba Inu(SHIB) is no longer the shiny new meme coin. Still, dedicated holders argue that improved fundamentals could spark another rally. If the market flips bullish and the overall sentiment swings upward, a 100x rally for Shiba Inu(SHIB) might not be totally off the table. Key Levels to Watch for SHIB On the technical side, Shiba Inu(SHIB) hovers at $0.00002036, with support around $0.000019 to $0.000021. Losing that zone could lead to a downturn, while a break above $0.0000298 might open the path toward bigger gains. Some watchers point to ongoing token burns as another catalyst, gradually reducing supply. Even so, doubts linger about Shiba Inu’s chances of a massive breakout without fresh hype or a compelling reason to hold. Meme culture can keep a coin afloat, but big institutions typically want more tangible use cases. What Is Remittix(RTX) All About? Meanwhile, Remittix(RTX) presents a different story, focusing on real-world cross-border payment solutions.…
Filed under: News - @ January 26, 2025 11:13 pm