The post Shiba Inu Price Prediction, Cardano and This DeFi Coin Set Sights on $1   appeared on BitcoinEthereumNews.com.

With the crypto market growing more competitive, the search for the next big thing is on. Although Shiba Inu (SHIB) and Cardano (ADA) are still trending, a new DeFi coin called DTX Exchange (DTX) has also gained much attention due to its price surge. Having risen by 700%, DTX Exchange is set to reach the $1 mark. Meanwhile, Solberg Invest predicts the price of the SHIB coin might pump to $0.000045 soon. Also, CobraVanguard notes ADA’s price could reclaim the $1 level. Such a move could lead to more gains in the coming weeks. Analyst Forecasts Target of $0.000045 for Shiba Inu (SHIB) Shiba Inu (SHIB) is currently under selling pressure. The memecoin has witnessed huge price drops in the 7-day and 30-day charts, plunging by 7.2% and 10.9%, respectively. Data from CoinMarketCap shows the value of the Shiba Inu coin has been consolidating between $0.0000176 and $0.00002045 in the past week. While all hopes seem lost, analysts forecast a trend reversal might occur soon. Solberg Invest says the Shiba Inu crypto price could increase to $0.000045 if it bounces off the $0.000018 support. Another analyst called Shib Spain predicted the value of SHIB might pump to $0.00003600. In other news, the Shiba Inu team has upgraded its burn portal to ShibTorch V2. This upgrade is aimed at streamlining the burning process, a move that could increase the burn rate and potentially increase the value of the Shiba Inu crypto. Kaal Dhairya, a popular developer in the Shiba Inu ecosystem, announced the news on his X account. Cardano (ADA) Could Reclaim $1 If Major Support Levels Hold Cardano (ADA) has been battling with market turbulence over the past seven days. According to price data from CoinMarketCap, the value of the Cardano coin has been consolidating between $0.8703 and $1.00. Its price…

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Filed under: News - @ February 1, 2025 7:27 am