$SHIB $PEOPLE $PEPE Shiba Inu Price Prediction 2024 – 2025: Is $0.1 Within Reach for SHIB? What’s the Possibility of ...

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Shiba Inu (SHIB) was the crypto sensation of 2020, and its price is still influenced by many factors, like market vibes, supply and demand, and ecosystem updates. Now, with the crypto market getting wilder, meme coins like SHIB are ready to ride the next big wave – and who knows, maybe even hit $0.1. Let’s see how.

SHIB’s short-lived joyride

Shiba Inu (SHIB) is currently trading at $0.0000178 but is expected to rise by 5.33% to $0.0000183 by August 6, data from Coinfomania shows as of writing. Albeit, technical indicators suggest it might be a good time to sell. Looking back, SHIB has had a pretty evenly split month, with 15 out of 30 days seeing gains — that’s a 50% success rate! 

Shiba Inu (SHIB) price chart. Source: Coinfomania 

The price has been fluctuating moderately, with a 5.54% volatility rate. In the last 24 hours, SHIB has seen a nice 3.78% bump. As of now, the market cap is sitting at $10.49 billion, with over 589 trillion coins in circulation (out of a total possible 999 trillion.

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