SHIB To Reach $0.00008 By January 2025?

Shiba Inu (SHIB) has experienced incredible success in its four-year history. The project has garnered a loyal fanbase which seems to be growing every year. SHIB’s popularity skyrocketed during the 2021 bull run when its price rallied by many million percent. Since its 2021 peak, SHIB’s price has somewhat struggled to gain momentum, falling victim to the general bearishness over the last two years. Fortunately, bullish predictions are emerging for the asset come 2025.

According to one crypto price prediction, Shiba Inu (SHIB) may be on its way to a $0.00008 value by the end of January 2025. SHIB is currently down 9% in the past month, dealing with an extended period of correction. Despite the dip, SHIB has maintained its gains over the last year. The dog-themed cryptocurrency is up 108.5% since December 2023. Now, one prediction sees it surging over 200% from its current price soon.

Crypto market expert JAVON MARKS says that a bullish signal has appeared on the recent price chart of SHIB. The signal is now sparking market optimism, with bulls in control of SHIB over the bears. MARKS says that the crypto is poised to rally to $0.000081 ahead, adding that “A more than 3.33X in an over 234% climb for Shiba is in the cards.” With other experts predicting a mass rebound for the meme coin market come January, this analysis only further supports that argument.

Also Read: Shiba Inu Year End Prediction: Will SHIB Hit $0.00003 By End Of 2024?

SHIB last traded above $0.00005 in November 2021, more than three years ago. The asset has to rally by 125.53% from its current price level to hit $0.00005. According to Changelly, Shiba Inu (SHIB) will breach the $0.00005 level in 2025. The platform anticipates the asset to hit a maximum price of $0.000059994 next year, far below MARKS’ projection. However, plenty of positive notes in 2024 could heighten this projection. President-elect Donald Trump is expected to be quite lenient on the crypto industry. The development could lead to crypto assets hitting new peaks, both in the altcoin and meme coin market.

Plenty of conflicting arguments exist over SHIB’s immediate future. Fortunately, the argument is moreso how high it will go.