Crypto Platform Predicts Shiba Inu Price, Here’s When It’ll Reach A New All-Time High

Shiba Inu (SHIB) is well below its all-time high of $0.00008845 (about 90%). However, a particular crypto platform is predicting that the meme coin could once more attain its peak and even surpass it. 

SHIB To Reach A New All-Time High In 2029

The prominent crypto-tracking platform Changelly has predicted that SHIB will hit a maximum price of $0.0000949905 by 2029. Going by this prediction, the next time SHIB is likely to see a new all-time high (ATH) is in 2029. In the years leading up to then, none of the maximum values for SHIB matches up to its current ATH.

How To Get Free Crypto  

In 2024, Changelly puts SHIB’s maximum value at $0.0000149985. Meanwhile, SHIB is projected to have a maximum value of $0.0000219978, $0.0000329967, $0.0000479952, and $0.0000669933 in 2025, 2026, 2027, and 2028 respectively. Generally, Changelly’s outlook on SHIB is bullish.

The platform predicts SHIB to end the year on a high with a price of $0.000009023 as of December 24, representing a 9% increase from its current price. In the immediate, Changelly predicts that SHIB could see about a 3% increase entering into December.

Also, all the platform’s technical indicators signal a 64% bullish sentiment on the meme coin. The Fear and Greed index displays a score of 66 (which signifies Greed). Over the last 30 days, Changelly states that SHIB has been in the green on 16 of those days (53%) and has had a 4.82% price volatility. 

Total crypto market cap is currently at $1.4 trillion. Chart:

Changelly highlighted SHIB’s potential to become a solid asset as it continues to experience some sort of resurgence. The meme coin has seen an increase of over 10% in the last month while adding a colossal average amount of $0.0000008 to its current value. 

Coinbase Banner  

SHIB’s Ecosystem Standing Strong

Shiba Inu and its community seem to be unfazed by the recent accusations, which were leveled by the prominent community project Shibburn. This is evident in the fact that Shibarium recently recorded a significant milestone as it saw an increase in daily transactions on the network. Shiba Inu’s marketing lead, Lucie, drew the community’s attention to this fact in an X post.  

The layer-2 network also recently crossed the 4 million mark in terms of total transactions processed on it. Meanwhile, Shiba Inu’s developers continue to strengthen the network even as they recently announced a new feature. This new feature is focused on enhancing community engagement and support for the network’s validators.

SHIB’s price has also remained resolute in the face of adversity. At the time of writing, SHIB is currently trading at around $0.000008324, up about 1% in the last 24 hours, according to data from CoinMarketCap. 

Featured image from Pexels

Go to Source
Author: Scott Matherson

Recommended Crypto Services, Products and Strategies:

The first thing any crypto investor needs is is a reliable and secure Crypto Wallet.  Whether you’re looking for an online wallet, hardware wallet, desktop or mobile wallet, Crypto Renegade provides you with all the Best Crypto Wallets in each category.

FreeBitcoin Banner  

Best Crypto Wallets Banner

When you’re ready to buy more crypto, or exchange your coins for others, Crypto Renegade’s list of the Best Crypto Exchanges has you covered.  The Crypto Exchanges recommended here offer everything from simplicity and convenience to advanced trading platforms and profit sharing. 

Best Crypto Exchanges Banner

If you want to learn more about the methods and tools that can be used to find Great Crypto Projects, then be sure to check out Crypto Renegade’s strategy for How To Find The Best Cryptocurrency.

Crypto Strategy Banner

For those people that don’t have any money to invest right now, or just want to understand the technology a bit more, you’ll definitely want to check out Crypto Renegade’s Free Crypto Strategy and start collecting Free Coins today!

Free Crypto Banner

What do you think about cryptocurrency? Do you have any questions about it? Be sure to leave a comment below.

You May Also Like

More From Author

This site uses Akismet to reduce spam. Learn how your comment data is processed.