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OPINION: Shiba Inu prices expected to rise sharply

OPINION: Shiba Inu prices expected to rise sharply

Bitget2024/05/02 21:34

Analyst Ali Martinez predicts that Shiba Inu prices could rise significantly due to positive chart patterns. In addition, SHIB's aquarium program and Shibarium's continued improvement support the prediction. Shiba Inu has seen a 5% increase in its internal price over the past 24 hours.Ali Martinez further stated that he has reached a purchase order at the current price and expects the price to rise by 300% to approximately $0.000072323. Other analysts predicting a bright future for Meme Coin include Rekt Capital and crypto content creator Jake Gagain. Previously predicting price gains in the third quarter, and tonight insisting that “downplaying” Shiba Inu “was a major mistake.” Two key factors driving SHIB's near-term gains are the asset's awareness program and the development of the Shibarium. on May 1, the hot rate soared 90%, while AI tokens totaled nearly $1.7 billion in April. The ultimate goal of AI is to reduce the huge circulating supply of Shibarium, with the output becoming even more scarce and potentially outright more valuable over time.Shibarium has also made a second significant advancement, with the asset's Layer Extension solution receiving a significant upgrade last week and another planned for this week. These improvements are designed to improve the user experience, enable faster block processing times, and empower the developer and innovator community even more.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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