【Shocking Outburst!】Shiba Inu Coin (SHIB) Expected to Surge 10 Times?
Shiba Inu Coin (SHIB) is currently on the eve of a price rebound, with analysts predicting it may rise 10 times in this cycle! With a surge in burning activities and an increase in long-term holders, SHIB is poised for a strong rebound in the coming months.
Surge in Burnings, Tight Supply Driving Price Up
In the past week, the burn rate of Shiba Inu Coin skyrocketed by 324%, reducing the circulating supply and increasing scarcity. This tightening supply situation could further push prices up, especially amid rising demand.
Hidden Bullish Divergence, Breakthrough Approaching
Technically, Shiba Inu Coin has formed a hidden bullish divergence on the charts. Despite price pullbacks, momentum indicators suggest that buying pressure is gradually accumulating, indicating an imminent price breakthrough. Analysts believe that if it breaks through $0.00002, SHIB could quickly rise to $0.00003 or even higher.
Increase in Long-term Holders, Market Confidence Steadily Rising
According to on-chain data, the number of long-term holders has significantly increased since 2022, reflecting investors' confidence in Shiba Inu Coin. As speculative behavior decreases, the market is gradually stabilizing, and SHIB's future upside potential is becoming stronger.
Technical Patterns Indicate Explosive Upsurge
The current technical pattern of Shiba Inu Coin indicates that after breaking through a key technical range, a significant price increase may occur. If it can stabilize above $0.0000108, SHIB is expected to return to its peak within 2025, targeting $0.000081.
Conclusion: SHIB is Welcoming a Breakthrough Opportunity
With the increase in burning activities and the recovery of market sentiment, Shiba Inu Coin is expected to experience a surge of 10 times or more. If the current trend continues, the future bullish prospects for SHIB are very promising.
