- Shiba Inu could reach $0.00075 by Q1 2025, with a predicted 2000% rally.
- Analysts emphasize SHIB’s delayed market reactions and bullish support levels.
- SHIB’s active community and ecosystem developments drive optimism for its growth.
Shiba Inu (SHIB) could be on the verge of a significant price rally, with analysts projecting a potential 2000% surge by early 2025. Prominent commentator Austin Hilton highlighted the possibility of SHIB reaching $0.00075, citing predictable market patterns and growing interest in cryptocurrency.
Hilton pointed out that cryptocurrency bull markets typically follow a sequential pattern, with Bitcoin leading, followed by Ethereum, altcoins, and then meme coins like Shiba Inu. According to his analysis, this timeline aligns with expectations for SHIB to gain momentum by the end of the first quarter of 2025.
He explained that SHIB’s rally would depend on broader market recovery, fueled by a substantial influx of capital into cryptocurrencies during a bull cycle.
Market expert Oscar Ramos supported this perspective, noting SHIB’s characteristic delayed reactions compared to meme coins like Dogecoin and Pepe. Following SHIB’s recent peak at $0.00003, he described the current sideways trading as a healthy consolidation phase.
According to Ramos, this price stabilization could position SHIB for a more substantial breakout when market momentum builds.
Analyst Mohammad Alajami also shared a bullish outlook for SHIB, identifying $0.00002120 as a critical support zone for accumulation. Alajami emphasized that this level could provide a strong rebound opportunity, setting the stage for a potential 547% gain during the next breakout.
His detailed chart analysis highlighted this price point as a significant area for investors to watch during the ongoing consolidation phase.
Currently trading at $0.00002616, SHIB has experienced a 6.35% gain over the past 24 hours, reflecting renewed interest in the token.
Despite minimal changes in its 24-hour trading volume, which remains at $3.6 billion, analysts are optimistic about SHIB’s future performance within the meme coin space. Many attribute this confidence to SHIB’s dedicated community and ecosystem developments, which continue to draw attention from both retail and institutional investors.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
