Krutika Adani
Shiba Inu needs a 400% increase to reach $0.0001, a seemingly daunting task but potentially achievable.
Earlier this year, Shiba Inu rallied from $0.000008 to $0.00004, a gain of 500%.
Factors like increased burn rates, user count, and transaction volume could contribute to further growth.
Technical analysis also suggests a strong bullish rally is in the making, based on a cup and handle pattern on weekly timeframes.
However, the markets need a trigger, which we might see after the US Presidential Elections.