IF ELON MUSK STARTS PROMOTING SHIB LIKE DOGECOIN , HERE'S HOW HIGH SHIBA INU COULD RISE!

If Elon Musk starts promoting Shiba Inu (SHIB) like Dogecoin (DOGE), the price could surge significantly. Based on Dogecoin's historical performance, here's a potential scenario :

- *Potential Price Increase*: SHIB's price could rise by 24,235%, similar to DOGE's increase during Musk's promotional period. Applying this growth to SHIB's current price of $0.00001322 would result in a price of approximately $0.003217, effectively eliminating two zeros from SHIB's price.

Key Factors Influencing SHIB's Price:

Community Support: SHIB's growth in 2020/2021 was primarily driven by community support and market hype, unlike DOGE, which benefited from Musk's endorsement.

Musk's Preference: Elon Musk has shown a stronger preference for Dogecoin, and it's uncertain whether he would promote SHIB similarly.

Market Trends: SHIB's price is also influenced by broader market trends, adoption rates, and regulatory developments.

Recent Developments:

Burn Activity: SHIB's token burn activity has increased sharply, with 2,219,043 tokens burned in the past 24 hours, marking a 278.42% increase.

Long-term Holder Growth: The number of SHIB holders who have held the token for over a year has increased steadily since mid-2022, indicating growing investor confidence.

Analyst Predictions: Some analysts predict SHIB's price could reach $0.000081, representing a 528% increase from current levels .#BitcoinReserveDeadline #SaylorBTCPurchase $DOGE $SHIB