🚀 Analyst $SHIB KNIGHT predicts Shiba Inu (SHIB) will soon hit an 8-month high.
🔥 Shibarium's LUCIE expects a SHIB bull run due to its decentralization.
Factors that could push SHIB up include: mass adoption, token burn, and Shibarium progress.
Is SHIB ready to reach the milestone again?
Popular cryptocurrency trader $SHIB KNIGHT predicts the price of Shiba Inu (SHIB) will soon reach an 8-month high of around 0.0003 USD.
They rely on the assumption that the current value of the meme coin has found a bottom, i.e. an increase in price will occur soon.
$SHIB KNIGHT isn't the only one predicting a price hike for SHIB. Shibarium's marketing strategist - LUCIE - made the argument last month that the asset could enter a bull run as it represents the "good" that eventually "prevails". They also claim that the meme currency is completely decentralized and "represents the people".
What could push SHIB up?
Experts say that the potential price increase of Shiba Inu could be driven by several factors, such as mass adoption, successful implementation of the token burn program and further development of the solution layer 2 expansion - Shibarium.
The team behind the project announced earlier this month that more than 2.3 billion SHIB were destroyed in September. The process was even more successful in August when 5.7 billion tokens were sent to an unknown address. accessible.
Shibarium has also progressed at a relatively good pace. It officially launched at the end of August, with the main goal of elevating the Shiba Inu above its competitors by improving speed and reducing transaction fees.
The total number of transactions on the network exceeds the 3 million mark, while the total number of wallet addresses exceeds 1.25 million. Those interested in learning more about L2 blockchain solutions can watch our video below:
🔥 Shibarium's LUCIE expects a SHIB bull run due to its decentralization.
Factors that could push SHIB up include: mass adoption, token burn, and Shibarium progress.
Is SHIB ready to reach the milestone again?
Popular cryptocurrency trader $SHIB KNIGHT predicts the price of Shiba Inu (SHIB) will soon reach an 8-month high of around 0.0003 USD.
They rely on the assumption that the current value of the meme coin has found a bottom, i.e. an increase in price will occur soon.
$SHIB KNIGHT isn't the only one predicting a price hike for SHIB. Shibarium's marketing strategist - LUCIE - made the argument last month that the asset could enter a bull run as it represents the "good" that eventually "prevails". They also claim that the meme currency is completely decentralized and "represents the people".
What could push SHIB up?
Experts say that the potential price increase of Shiba Inu could be driven by several factors, such as mass adoption, successful implementation of the token burn program and further development of the solution layer 2 expansion - Shibarium.
The team behind the project announced earlier this month that more than 2.3 billion SHIB were destroyed in September. The process was even more successful in August when 5.7 billion tokens were sent to an unknown address. accessible.
Shibarium has also progressed at a relatively good pace. It officially launched at the end of August, with the main goal of elevating the Shiba Inu above its competitors by improving speed and reducing transaction fees.
The total number of transactions on the network exceeds the 3 million mark, while the total number of wallet addresses exceeds 1.25 million. Those interested in learning more about L2 blockchain solutions can watch our video below: