Shiba Inu Price Surge: 17x Potential? You Won’t Believe What Happens Next!
Oh, look, another day, another crypto prediction that makes your heart race and your wallet sweat. This time, it’s Shiba Inu (SHIB), the meme coin that’s somehow pulling off a plot twist worthy of a Hollywood script. A crypto analyst has boldly predicted a 17x surge in the price of SHIB. Yes, you heard that right: 17 times! The kind of gains that make you wonder if someone spiked your morning coffee with some financial fairy dust. According to the charts, the SHIB price is plotting a bullish course, possibly to the moon, or at least to a comfortable orbit around it.
With an intraday SHIB burn rate surge of 1800%, investor optimism is at an all-time high, and you can practically hear the collective ‘get rich quick’ chants echoing through the digital corridors. The price charts are showing a bullish divergence on the higher timeframes – because why not? After all, who doesn’t want to believe in the next big crypto miracle?
In the latest twist in this ongoing drama, Shiba Inu has outpaced its rival Dogecoin, leaving the poor dogecoin behind, probably chasing its tail. It’s been gaining about 5% in a single day, and 19% over the course of the week. Yeah, because who wouldn’t want to jump on the bandwagon when it’s running uphill?
Shiba Inu Price Forecast: Analyst Predicts 17x Pump Ahead
Crypto analyst ‘CryptoELITES’ took to X (formerly known as Twitter – because we’re all living in the future) on April 26th and asked the question on everyone’s mind: “Why Not a 17X for Shiba Inu price?” It’s as if the analyst is practically daring the market to prove them wrong. Apparently, SHIB is currently lounging in a “strong buy zone,” which, in crypto parlance, means it’s undervalued, and buyers should swoop in like it’s Black Friday. The analyst claims that this is setting the stage for a potential price explosion. So, maybe it’s time to buy a few coins, or maybe not – we’re not here to give financial advice, just to observe with popcorn in hand.
In case you’re wondering, a “strong buy zone” on a crypto chart is like that sweet spot on a rollercoaster where you’re just about to plunge into the thrilling drop – except, in this case, it’s your bank account doing the plummeting upwards. But don’t worry, this could just be the beginning of a truly dramatic ride.
Currently, SHIB is trading at a modest $0.00001462, up 5% today and 19% over the past week. With a predicted 1600% rise ahead (yes, really, 1600% – that’s not a typo), we could be seeing SHIB reaching the dizzying heights of $0.0002. A new crypto millionaire could be born, and their first tweet will probably be about how they believed in SHIB all along.
SHIB Burn Rate Surge Adds On To Market Optimism
If that wasn’t enough, let’s throw in a bit of supply-side economics for the spice. The SHIB burn rate has surged by a whopping 1866%. You know, for fun. A staggering 15.18 million tokens were “burned” from the supply, reducing the total circulating tokens to a mere 589.25 trillion. That’s like burning a stack of paper so high that it threatens to turn into a metaphor for your dreams of financial freedom.
To put it simply, when you burn tokens, you reduce the supply, and that could theoretically send the price to the moon. Or at least a decent-sized asteroid. This concept is rooted in good ol’ supply and demand economics, where less of something means it’s worth more. Classic stuff. So, hold on to your hats (and wallets). We might just see some serious price action here.
Bullish Divergence Signals SHIB Price Rally Soon
If you’ve been tracking SHIB’s higher timeframes (and who hasn’t?), you might have noticed it’s breaking out, like a puppy from a playpen. It’s heading for a 100% move to $0.00003 as a first short-term target. Meanwhile, Bitcoin is doing its usual “I’m too cool for school” routine at $95k, and there’s speculation that the big caps are making room for the meme coin madness. We could be seeing a shift, folks. The tide may soon turn from Bitcoin to, well, Shiba Inu.
And just to rub it in, SHIB has outpaced Dogecoin in recent gains. While Dogecoin only managed a modest 15% gain over the week and a paltry 3% on the day, SHIB is galloping ahead like it’s got rocket boosters strapped to its fluffy little paws. As for the bulls, they’re apparently in control right now, at least according to CoinGape’s three-month bias indicator. So, let the good times roll.
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2025-04-26 10:49