Shiba Inu: Will SHIB Hit a New All-Time High in June 2024?

Shiba Inu (SHIB) has witnessed an impressive rally over the last few days. Although the asset has faced a 1.1% correction in the daily charts, it is still up by 7.8% in the weekly charts, 3% in the 14-day charts, and 23.7% over the previous week.

Source: CoinGecko

Also Read: Shiba Inu or Dogecoin: Which Meme Coin Will Soar Higher This June?

SHIB had also recently overtaken Cardano (ADA) and entered the top 10 crypto projects by market cap. However, the dog-themed crypto has since exited the top 10 list and is currently ranked 12th.

Shiba Inu (SHIB) to hit a new all-time high in June 2024?

shiba inu shib mobile numbers trade
Source: Twitter

HIB hit an all-time high of $0.00008616 in October 2021. The asset’s price has since fallen by nearly 70%. However, many analysts anticipate the popular dog-themed crypto to hit a new all-time high soon.

Also Read: Shiba Inu ETF Approval: A New Era for Cryptocurrency Investors?

According to CoinCodex, Shiba Inu (SHIB) will rally throughout the month of June. According to the platform, SHIB could surge to as high as $0.00008769 on June 28, 2024. Reaching $0.00008769 from current levels would translate to a growth of about 238%.

Source: CoinCodex

Changelly also anticipates SHIB to rally in June. The platform predicts SHIB to hit $0.00009279 on June 27, 2024. Hitting $0.00009279 from current levels would translate to a growth of nearly 258%.

Also Read: Shiba Inu To Hit $0.00006: Early Bitcoin Adopter DaVinci Jeremie

Early Bitcoin (BTC) adopter Davinci Jeremie, who asked people to buy $1 worth of Bitcoin in 2013, is also quite bullish on Shiba Inu (SHIB). Jeremie anticipates SHIB to break into a rally soon, hitting going as high as $0.00006. Jeremie has a good track record of naming assets that could go to the moon like he did with Bitcoin (BTC) about 11 years ago.

Comments

Popular posts from this blog

New Chinese Blockchain Pivot as Beijing Vows to Train 500,000 ‘Experts’

What Does BRICS Currency Offer That the U.S. Dollar Doesn't?

Bitbot’s 12th presale stage nears its end after raising $2.87 million