Shiba Inu May Rise 250% Pre-Bitcoin Halving, Predicts SHIB Team
20 März 2024 - 6:00PM
NEWSBTC
In a bold forecast that is stirring considerable attention within
the SHIB community, a prominent official from the Shiba Inu
ecosystem has projected a staggering 250% surge in the token’s
value leading up to the upcoming Bitcoin halving. Lucie, the
marketing lead for Shiba Inu, expressed her confidence in a
significant rebound for SHIB, predicting that the meme coin could
surpass its 2021 all-time high (ATH) in the weeks ahead. This
optimistic outlook comes despite the token’s recent 43% decline to
$0.000026 from its recent yearly high at $0.000045. Lucie shared
her personal investment move on X, revealing her purchase of SHIB
during the recent dip at around $0.000024, amounting to $989.08.
She dubbed this strategy “Bought the DIP, my lovely SHIB,”
showcasing her belief in a strong move for the meme coin. With SHIB
currently trading at $0.000026, a 70% decrease from its ATH of
$0.00008845, the crypto must experience a swift and significant
rally of 250% to achieve its previous peak. Related Reading: Shiba
Inu Ecosystem Blooms: BONE Jumps 44% With $3 Target In Sight This
ambitious target is set against the backdrop of the upcoming
Bitcoin halving, expected to occur in 22 to 31 days based on
various estimates. “Bought the DIP. My lovely $SHIB. If someone can
pull [a] miracle recovery, it’s SHIB. I’m expecting ATH soon before
or shortly after BTC halving. Nfa,” Lucie remarked. Bought the DIP
🥰😍 My lovely $SHIB If someone can pull miracle recovery it’s $SHIB
I’m expecting ATH soon before or shortly after BTC halving nfa
pic.twitter.com/lOXoHgHWUl — 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO 🧜🏼♀️ (@LucieSHIB)
March 20, 2024 Shiba Inu Set To Overtake Dogecoin? Lucie’s
confidence may be mirrored in another daring prediction by the
Shiba Inu team on X, where they assert SHIB’s potential to eclipse
Dogecoin in market capitalization through strategic moves referred
to as “Secret Wags.” Reacting to CryptoCom’s classification of SHIB
as the second most valuable meme-inspired project, the Shiba Inu
team hinted at a future where SHIB dethrones DOGE, stating,
“[Number] 2 today, but the Doge days are numbered.” The competition
between SHIB and DOGE is not new; both tokens have vied for
dominance in the past. DOGE currently holds the #10 spot in market
cap among all cryptocurrencies, with SHIB trailing closely at #11.
The market cap gap between DOGE and SHIB stands at $4.14 billion,
with DOGE boasting a market cap of $19.41 billion compared to
SHIB’s $15.27 billion. Related Reading: Shiba Inu Open Interest
Suffers 40% Crash, What Does This Mean For Price? To reach a new
all-time high against its competitor, DOGE, SHIB would need to
rally another 50% (SHIB/DOGE), building on the 98% gain against
DOGE over the last four weeks. Despite previous attempts to surpass
Dogecoin, the Shiba Inu team remains undeterred, buoyed by the
growing utility of the Shiba Inu ecosystem beyond its meme coin
origins. The development of Shibarium, a blockchain platform
offering various utilities for crypto development, and the rallying
support of the #ShibaArmy, underline the team’s determination.
“We’ve got the #ShibaArmy, #Shibarium, and secret wags we can’t
reveal yet. Get ready for a new top doggo. Much wows incoming!
#SHIB,” the team enthusiastically stated. #2 today, but the Doge
days are numbered. We've got the #ShibaArmy #Shibarium and secret
wags we can't reveal yet. Get ready for a new top doggo. Much wows
incoming! #SHIB https://t.co/GiCJ2OKCLv — Shib (@Shibtoken) March
20, 2024 At press time, SHIB traded at $0.00002566. Featured image
from Shutterstock, chart from TradingView.com
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