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Shiba Inu (SHIB) has experienced a volatile period, with its price recovering from a recent decline. According to data from CoinMarketCap, the meme coin is currently trading at $0.00001408 and has seen a 17.4% increase from its recent low. As highlighted in a recent Forbes article, experts hold varying perspectives on SHIB’s potential trajectory.
Notably, the pundit pointed to the increasing adoption of Bitcoin, the approval of Bitcoin ETFs in various countries, and rising concerns over fiat currency devaluation as key drivers. The pundit also emphasized the recent halving event on April 20, 2024, which reduced the rate at which new Bitcoins are created, as another factor influencing his predictions. Historically, Bitcoin halvings have led to significant price increases due to reduced supply.
Meta AI’s SHIB price prediction 2025
As it happens, Meta’s cutting-edge AI assistant has offered several price prediction targets for Shiba Inu in 2025, with the average predicted range between $0.00002 and $0.00012, which would represent a 47.38% or a whopping 784.3% increase from its present situation.
The cryptocurrency market experienced remarkable highs in 2024, with a market capitalization exceeding $1.44 trillion and at $73,750. Bitcoin repeatedly surpassed its previous highs in March.
Dogecoin is an open-source peer-to-peer virtual currency favored by Shiba Inus globally. At least in part, it was created as a lighthearted joke for crypto enthusiasts and took its name from a once-popular meme.
Defining moments in Web3 history—where innovation meets decentralisation! Every step is shaping the future of the internet.
Dogecoin has seen incredible price swings over the years. Check out its price history and see how this meme coin became a serious player in the digital asset space!
