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Shiba Inu Forecasted To See Explosive 330% Growth

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The Shiba Inu (SHIB) ecosystem had a fairly good 2024. The meme coin witnessed a 137% spike throughout the past 12 months, pushing the asset to reach a yearly peak of $0.00003592. Despite this surge, SHIB remains 79% below its all-time high of $0.00008845. In addition, the asset seems to be struggling to eliminate a zero. Also Read: Solana Is Outpacing Major Altcoins: Will It Claim $200 In November? Shiba Inu Recovers From Dip At press time, SHIB was trading at $0.0000179, with a 0.06% dip over the past 24 hours. Earlier today, the meme coin was trading at a low of $0.0000171, but the asset rose to a high of $0.0000180. Source Even though October is considered a bullish month, Shiba Inu was moving rather slowly. Amidst this bearish atmosphere, an analyst brought back optimism into the market with his latest prediction. Source According to the expert, Shiba Inu Coin has responded slightly favorably to a hidden bull divergence pattern, which further indicates a notable increase in price....