Shiba Inu Price Prediction 2024

Krutika Adani

Shiba Could Reach $0.00075 by 2024

Crypto analysts indicate that Shiba Inu could reach 300% above current levels if the alt season gets strong enough.

Will Alt Season Support Shiba Inu?

Memecoins have been the largest gainer this bull season and are expected to make further gains as the alt season progresses ahead.

Factors Supporting Shiba’s Growth

Strong on-chain data, a new governance model based on DAO, and the high burn rates are some top factors supporting Shiba Inu’s growth.

Challenges Ahead

The global geopolitical scenario with tensions in Europe and the Middle East could prevent Shiba Inu’s growth in the short term.

Levels To Watch

Shiba Inu must cross $0.00002 before it resumes its 2024 gains. On the downside, $0.000013 remains a strong support.

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