Shiba Inu Predicted To Rise By 300%, Here’s When

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Prominent meme coin Shiba Inu (SHIB) has dropped to the $0.00002 area after hitting a multi-month high of $0.000033 in December 2024. The token has had difficulty maintaining large rallies. This is despite its counterparts heading towards recovery. As the meme coin is slowly recording retrieval, the community could witness a notable surge in the coming months of this year.

Also Read: Shiba Inu: $500 Worth Of SHIB Becomes $14.5 Million Today

Shiba Inu’s Recent Spike

shiba inu rainbow
Source: Watcher Guru

The entire cryptocurrency market was exhibiting a bullish trend. Most assets were seen recording notable upticks over the past day. Shiba Inu followed suit as it surged by more than 4% over the past 24 hours. The meme coin was priced at a low of $0.00002095 earlier today but witnessed a jump to a high of $0.00002282.

At the time of writing, SHIB was trading at $0.00002197. Despite its latest rise, the asset remains quite below its all-time high of $0.00008845. Shiba Inu achieved this peak about three years ago, in 2021, and is currently sitting 75% below.

Source: CoinMarketCap

Also Read: 6 U.S. Stocks That Nvidia Owns

2025 Price Prediction

Source: CoinCodex

The new year started with increased hopes. Several investors are eager to witness Shiba Inu rise to a notable peak. While reclaiming its all-time high could be a challenge in itself, ambitious members of the market were betting on SHIB surging to 1 cent. According to data from CoinCodex, the meme coin will indeed record a significant spike. The asset is expected to surge by 335% from its current price level.

This surge will occur in the month of July. During this period, SHIB will rise all the way to a high of $0.00009623. The average trading price of the second-largest meme coin will remain at $0.00007607.

Also Read: Internal De-Dollarization: Study Finds 52% of Americans Prefer Crypto Over Traditional Assets

While July marks the most bullish month for Shiba Inu, August and September are also slated to be profitable for the meme coin.

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