Is A 17X Surge Ahead for $SHIB Price As Charts Signal a Bull Run
A crypto market analyst predicted this Saturday that Shiba Inu price is eyeing 17x gains ahead.
The bullish projection, in tandem with an 1800% SHIB burn rate surge intraday, has soon garnered investor optimism across the globe.
Price charts show bullish divergence on higher timeframe.
As the dog-themed meme coin has outpaced its rival Dogecoin, undermining its price gains in recent days, crypto market traders and investors are left speculating if this prediction could come true amid a broader bullish market.
SHIB price is constantly climbing up, gaining roughly 5% intraday and 19% over the week.