The post Shiba Inu Price Prediction: Can SHIB Reclaim Its Spot As A Top 20 Crypto Or Are Its Glory Days In The Past? appeared first on Coinpedia Fintech News
Shiba Inu price dynamics have come under strong criticism lately as it fails to reclaim a spot in the top 20 cryptocurrencies. The decline in meme hype and the shift towards more useful tokens have been a primary factor contributing to this dip.
However, as the year draws near its end, the trending Shiba Inu price prediction is projecting a bearish outlook.
But considering the progress of the Shibarium ecosystem in the last few months, can Shiba Inu reclaim its position in the top 20? Here is an analysis that answers this question.
Shiba Inu Price Prediction As BONK, PEPE And TRUMP Claim Bull Marks
The early years of the meme coin hype saw Shiba Inu follow Dogecoin’s surge, recording thousands in percentage growth. However, Shiba Inu price prediction in the last few months has continued reflecting its fall from market hype.
This is because most Shiba Inu price predictions lately only tend to project a recovery from previous highs. Furthermore, the rise of new highly hyped memecoins like BONK, PEPE and TRUMP is moving attention away from Shiba Inu.
PEPE draws a new community of fans around the frog-themed memecoin as hype surges around the internet meme “Pepe the frog”. The PEPE price surge in March last year saw Shiba Inu drop more than 75% as investors rushed to catch the PEPE bull.
Unfortunately, the Shiba Inu price prediction since April last year has continued to eye a return to the March 2024 high. Interestingly, this cycle has repeated with the surge of other trending meme coins, such as BONK and with the TRUMP coin surge this year.
Technical Outlook Of The Shiba Inu Price Prediction
While Shiba Inu has experienced a dip in the last few months, the technical outlook suggests a potential for correction. Although this remained speculative, the current Shiba Inu price prediction speculates a rise to $0.00001455 with the current technical setup.
Current Shiba Inu price setup shows a short-term correction around the 7EMA, which could drive to $0.00001455. However, there is another Shiba Inu price prediction suggesting a fall to $0.00001010 if the 7EMA fails to hold.
Remittix Ready For 10x Before November
Although interest in Shiba Inu’s price has dropped recently, Remittix is gaining popularity, with a price prediction of $1 this year. The Remittix price has become a center of attention in the last few weeks as analysts cite a potential growth from the current $0.09 to $1 this year. This is with the Remittix wallet launch set for September, which is projected to fuel a new bullish round.
Join smart investors buying the Remittix token today as the price surge nears with important milestones in 2025. Some of the Remittix milestones still to come in 2025 include:
- Remittix wallet launch
- Exchange listing with BitMart is already announcing a potential listing this year
- Business API deployment
Take advantage of the $0.0969 to maximize its profit potential.
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Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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