{"id":8518,"date":"2024-09-21T05:21:44","date_gmt":"2024-09-21T05:21:44","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=8518"},"modified":"2024-09-21T05:21:44","modified_gmt":"2024-09-21T05:21:44","slug":"top-shiba-inu-recent-price-predictions-how-high-can-shib-go","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=8518","title":{"rendered":"Top Shiba Inu Recent Price Predictions, How High Can SHIB Go?"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

Shiba Inu (SHIB) recently hit a three-week high, with some analysts predicting a potential massive bull run, though highly ambitious price targets seem unlikely.
\nRising social engagement and positive sentiment on platforms like LunarCrush suggest the meme coin may see further gains in the near future.<\/p>\n

<\/a><\/span><\/h2>\n

Is SHIB Ready for New Glory Days?<\/h2>\n

The second-biggest meme coin in <\/span>terms of<\/span> market capitalization has performed <\/span>quite<\/span> well lately, with its price surging to a three-week high on September 19. In fact, it is among the cryptocurrencies registering the highest increase following the US Fed\u2019s decision to cut rates by 0.5%. <\/span><\/p>\n

Certain<\/span> analysts believe the asset <\/span>is<\/span> yet to reach new peaks, with some outlining <\/span>somewhat<\/span> ridiculous targets.<\/span> Not long ago, X user <\/span>pepa<\/span> argued<\/span><\/a> the SHIB price chart has formed a specific triangular shape that might be a precursor of a massive bull run if broken to the upside.<\/span> Specifically,\u00a0<\/span>the<\/span> crypto\u00a0<\/span>enthusiast<\/span> speculated<\/span> that the meme coin could erase two zeros from its price <\/span>in the near future<\/span>.<\/span><\/p>\n

The projected rally would equal a whopping 10,000%, while SHIB\u2019s market cap must skyrocket to approximately $800 billion for the forecast to happen. Currently, only Bitcoin\u2019s (BTC) capitalization exceeds that figure, making the prediction highly unlikely (to say the least).\u00a0<\/span><\/p>\n

JAVON MARKS chipped in<\/span>, too<\/span>, <\/span>saying<\/span><\/a> Shiba Inu is still over 470% away from hitting its bullish target of $0.000081.<\/span> However, they claimed the recent revival could be \u201cthe catalyst for significant upside movement\u201d toward that <\/span>major<\/span> goal.\u00a0<\/span><\/p>\n

The Breakout Signal?<\/span><\/h2>\n

One essential factor suggesting the price of Shiba Inu may <\/span>indeed<\/span> be headed<\/span> toward fresh peaks is the rising popularity of the meme coin on social media platforms.<\/span>\u00a0<\/span><\/p>\n

LunarCrush recently <\/span>estimated<\/span><\/a> that SHIB\u2019s social engagement has soared to its highest point since August 15. <\/span>The platform <\/span>further<\/span> maintained that the trading volume and positive sentiment surrounding the token <\/span>have<\/span> also headed north.<\/span> Prior to<\/span> that, SHIB\u2019s social engagement was struggling at low levels.\u00a0<\/span><\/p>\n

\u201cThe level of social discussion toward SHIB has been <\/span>extremely<\/span> low since late <\/span>July,<\/span> and has <\/span>basically<\/span> been on the decline all year <\/span>long<\/span>.<\/span> This<\/span> reflects a sense of indifference and frustration from traders<\/span>, which<\/span> makes sense when understanding how much smaller retail traders have been dropping out of the asset like flies,\u201d crypto analytics platform Santiment estimated <\/span>earlier<\/span><\/a> this month.<\/span><\/p>\n

The post Top Shiba Inu Recent Price Predictions, How High Can SHIB Go?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Shiba Inu (SHIB) recently hit a three-week high, with some analysts predicting a potential massive bull run, though highly ambitious price targets seem unlikely. Rising social engagement and positive sentiment on platforms like LunarCrush suggest the meme coin may see further gains in the near future. Is SHIB Ready for New Glory Days? The […]<\/p>\n","protected":false},"author":0,"featured_media":8519,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-8518","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/8518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/8518\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/8519"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}