- Wed Feb 12, 2025 2:16 pm
#20943
Shiba Inu: Is a 2,800% Rally Really Possible?
While SHIB has seen better days, some analysts are predicting an astronomical surge. One analyst points to a potential 2,800% increase, tying this bold prediction to a decline in Bitcoin dominance. Considering Bitcoin’s recent dominance growth, is this realistic? What factors could contribute to such a dramatic SHIB price jump?
Furthermore, technical indicators like the TD Sequential are flashing buy signals. How much weight should we place on these signals in the volatile crypto market? The recent surge in SHIB’s burn rate, coupled with negative exchange netflow, adds another layer to this discussion. Are these indicators of genuine bullish momentum, or just short-term fluctuations?
Let’s dive into the possibilities and debate the potential for SHIB. Is this the calm before the storm, or just another meme coin mirage? Share your thoughts, analysis, and predictions.
While SHIB has seen better days, some analysts are predicting an astronomical surge. One analyst points to a potential 2,800% increase, tying this bold prediction to a decline in Bitcoin dominance. Considering Bitcoin’s recent dominance growth, is this realistic? What factors could contribute to such a dramatic SHIB price jump?
Furthermore, technical indicators like the TD Sequential are flashing buy signals. How much weight should we place on these signals in the volatile crypto market? The recent surge in SHIB’s burn rate, coupled with negative exchange netflow, adds another layer to this discussion. Are these indicators of genuine bullish momentum, or just short-term fluctuations?
Let’s dive into the possibilities and debate the potential for SHIB. Is this the calm before the storm, or just another meme coin mirage? Share your thoughts, analysis, and predictions.
- By Anonymous