Shiba Inu The meme coin is one of the most popular and followed cryptocurrencies. There’s a lot of interest to see where it may go. next. The opinions of experts on the future performance of SHIB in 2024 are widely divergent. The expectations range between extremely optimistic calls and much more somber outlooks.
Alexander Kuptsikevich, senior researcher at trading platform FxPro, believes Shiba Inu will be able to ride the future wave of cryptos and reach a high of $0.0001 before the end 2024. Kuptsikevich believes that the recent recovery can be continued.
Shiba Inu and Bitcoin still have a strong correlation. It could also allow for SHIB Shiba Inu will likely follow the same trajectory, as BTC continues to reach new heights. Shiba Inu could have plenty of runway for new heights with Bitcoin surging upwards to $72,000 this month.
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Shiba Inu mixed outlook
![Shiba Inu (SHIB) Price Prediction: March 2024](https://fxruhanahmed.com/2/wp-content/uploads/2024/03/Shiba-Inu-SHIB-Forecasted-to-Erase-Zero-And-Hit-00001.jpg)
The review platform Finder, on the other hand, has issued a far more gloomy Shiba Inu prediction for 2019. The panel predicts that SHIB’s value will plunge by 34% in 2024, from current levels.
The analysts also predict further problems beyond the current year. They see prices falling as low as $0.00025 by 2025, before recovering to just $0.000045 in 2030. Some analysts like those at Changelly predict that SHIB prices will increase by over 500%, to approximately $0.0006, before the decade is out.
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Predictions show a range of possible outcomes for SHIB. The range of outcomes is wide, from SHIB retesting its highs this year as long as Bitcoin’s gravity pull remains strong to a drop by more than a third in the event that cryptos continue their downturn.
SHIB’s 2024 performance may surprise both supporters and skeptics. However, crypto-forecasting is notoriously hard. SHIB’s vocal community is sure to be focused on achieving milestones, such as overtaking Dogecoin.
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
Source: watcher.guru