Even though the Shiba Inu price had a successful year in 2024, it has not surpassed its previous highest price of $0.00008. This has led to discussions about whether the meme coin could achieve new goals, like reaching $0.0001. A crypto analyst has recently released a new analysis on this topic.

Even though the Shiba Inu price had a successful year in 2024, it has not surpassed its previous highest price of $0.00008. This has led to discussions about whether the meme coin could achieve new goals, like reaching $0.0001. A crypto analyst has released a new prediction suggesting that the price of Shiba Inu could increase by 300% to reach a new all-time high of $0.0001. Shib Knight, a member of the Shiba Inu community, shared an analysis that has boosted investors’ optimism. This evaluation indicates that there appears to be backing for Shiba Inu established at approximately $0.000025. It is possible for the meme coin’s price to rebound and rise from this point. Additionally, the number of individuals who own cryptocurrency globally has surpassed 6.23% in anticipation of the next Bitcoin bull run. The crypto analyst’s goal is to see the price of SHIB rise above $0.0001. This price target was predicted during the 2021 bull market, but the meme coin ultimately did not meet it.