fatima_tariq
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Shiba Inu investors are keeping a close eye on the potential for significant rallies, with some predicting price increases of 10x to 50x. If SHIB were to reach these levels, the price would skyrocket to $0.0001137 for a 10x gain and a staggering $0.0005685 for a 50x surge. To become a millionaire in such a scenario, an investor would need to hold billions of SHIB tokens.
Despite recent market fluctuations and a 6% loss over the past week, some analysts remain optimistic about SHIB's prospects. Notably, an accumulation pattern has been observed among holders, particularly those who have held SHIB for 1 to 12 months. This group, known as "Cruisers," has amassed 29.57 trillion SHIB since the start of June, bringing their total stash to 199.13 trillion tokens, valued at approximately $2.264 billion at current market prices.
Analysts have encouraged holders to stick with their SHIB investments, assuring them that buying the high-ranking meme coin won't be regretted. Some predictions suggest that if SHIB bounces off its current support range, it could target an 80% to 100% rally, potentially pushing the price to $0.00002174 or even $0.00002418. With ambitious forecasts and potential support levels in play, the Shiba Inu community remains hopeful for a significant price surge.#MarketPullback
Despite recent market fluctuations and a 6% loss over the past week, some analysts remain optimistic about SHIB's prospects. Notably, an accumulation pattern has been observed among holders, particularly those who have held SHIB for 1 to 12 months. This group, known as "Cruisers," has amassed 29.57 trillion SHIB since the start of June, bringing their total stash to 199.13 trillion tokens, valued at approximately $2.264 billion at current market prices.
Analysts have encouraged holders to stick with their SHIB investments, assuring them that buying the high-ranking meme coin won't be regretted. Some predictions suggest that if SHIB bounces off its current support range, it could target an 80% to 100% rally, potentially pushing the price to $0.00002174 or even $0.00002418. With ambitious forecasts and potential support levels in play, the Shiba Inu community remains hopeful for a significant price surge.#MarketPullback
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