Shiba

Bitcoin

Base

Shiba Inu

Coin

<p>Shiba Inu remains under pressure in the market, particularly as <a href="https://insidebitcoins.com/cryptocurrency-price/bitcoin-price" rel="noopener noreferrer nofollow">Bitcoin’s price</a> fell below $62,000 in anticipation of its halving event. This overall market slump is maintaining downward pressure on cryptocurrency prices.</p>
<p>Nevertheless, 75% of Shiba Inu token holders have maintained their investments for more than a year, demonstrating a robust confidence in the token’s potential for long-term growth. Although $SHIB has surged 88% over the past year, it is still 75% below its historical peak.</p>
<h2 id="shib-price-prediction">$SHIB Price Prediction</h2>
<p>As of this writing, the price of Shiba Inu stands at $0.0000219, with a trading volume over the last 24 hours reaching $553.95 million and a market capitalization of $12.9 billion. The price of $SHIB has seen a decrease of 2.39% during the past day.</p>
<p><iframe title="SHIBA INU PRICE | SHIBA INU NEWS - What is Happening?!" width="640" height="360" src="https://www.youtube.com/embed/Ptpax0aGHMQ?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></p>
<p>Over the last three days, Shiba Inu has shown minimal price fluctuations, suggesting a period of relative inactivity from both buyers and sellers at these price levels.</p>
<p>There is an expectation that sellers might attempt to push the price down to the $0.000020 mark again. A breach of this support level could potentially lead to a significant drop, with the next substantial support pegged at $0.000017.</p>
<p><img decoding="async" class="alignnone size-full wp-image-508349" src="https://insidebitcoins.com/wp-content/uploads/2024/04/shib-crypto-1-day-price-graph.jpg" alt="SHIB Crypto 1 Day Price Graph" width="1920" height="1080" srcset="https://insidebitcoins.com/wp-content/uploads/2024/04/shib-crypto-1-day-price-graph.jpg 1920w, https://insidebitcoins.com/wp-content/uploads/2024/04/shib-crypto-1-day-price-graph-300x169.jpg 300w, https://insidebitcoins.com/wp-content/uploads/2024/04/shib-crypto-1-day-price-graph-1024x576.jpg 1024w, https://insidebitcoins.com/wp-content/uploads/2024/04/shib-crypto-1-day-price-graph-768x432.jpg 768w, https://insidebitcoins.com/wp-content/uploads/2024/04/shib-crypto-1-day-price-graph-1536x864.jpg 1536w" sizes="(max-width: 1920px) 100vw, 1920px"></p>
<p>Conversely, if the price surpasses the current downtrend line, it would signal a weakening of selling pressure. Should this occur, $SHIB’s price could climb to $0.000024, at which point strong resistance is anticipated from sellers.</p>
<p>For a detailed analysis of Shiba Inu’s price predictions, watch the video above and subscribe to his <a href="https://www.youtube.com/@JacobCryptoBury" rel="noopener noreferrer nofollow">YouTube channel</a> for additional crypto content. Jacob Crypto Bury also runs a <a href="https://insidebitcoins.com/visit/jacob-crypto-bury-discord" rel="noopener noreferrer nofollow">Discord channel</a> with 25,000 members where he provides trading advice and insights on <a href="https://insidebitcoins.com/buy-cryptocurrency/new-upcoming-icos" rel="noopener noreferrer nofollow">upcoming crypto presales.</a></p>
<h2 id="a-potential-shiba-inu-rival-with-cross-chain-capabilities">A Potential Shiba Inu Rival with Cross-Chain Capabilities</h2>
<p>Widespread speculation surrounds the upcoming Bitcoin halving event, with numerous analysts and investors keenly observing its potential market impacts.</p>
<p>Several experts have observed that Bitcoin has maintained high prices since March and appears ready to once again surpass the $73,000 mark, with potential for additional increases after the halving.</p>
<p>At the same time, the new multi-chain meme coin, <a href="https://insidebitcoins.com/visit/dogeverse" rel="noopener noreferrer nofollow">Dogeverse,</a> is capturing attention with predictions that it could outperform Shiba Inu in 2024.</p>
<p>Dogeverse is distinguished as the world’s pioneering multi-chain dog token, designed to operate across various blockchain networks, including Ethereum, BNB Chain, Polygon, Base, Avalanche, and Solana.</p>
<p>This cross-chain accessibility ensures that investors can seamlessly utilize Dogeverse, irrespective of their preferred crypto ecosystem. The project introduces Cosmo, a chain-hopping Doge character, aiming to enhance freedom and accessibility within the crypto space.</p>
<p>By leveraging some of the leading blockchains, $DOGEVERSE optimizes both cost efficiency and transaction speed. With a total token supply of 200 billion, of which 30 billion are allocated during the ongoing <a href="https://insidebitcoins.com/buy-cryptocurrency/best-crypto-presales" rel="noopener noreferrer nofollow">presale</a>, $DOGEVERSE currently trades at $0.000297 per token.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">🌌 Born from a collapsing supernova's dust, <a href="https://twitter.com/hashtag/Cosmo?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Cosmo</a>, a unique <a href="https://twitter.com/hashtag/DOGE?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#DOGE</a>, leaps across <a href="https://twitter.com/hashtag/Blockchains?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Blockchains</a>.</p>
 <p>Embodying freedom and exploration in the crypto-verse. 🚀💫</p>
 <p>As the $DOGEVERSE ambassador, Cosmo beckons unity and creativity, inviting all to explore the vast <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Crypto</a> universe. 🌐🌟 <a href="https://t.co/Foacph4oFs" rel="noopener noreferrer nofollow">pic.twitter.com/Foacph4oFs</a></p>
 <p>— DogeVerse (@The_DogeVerse) <a href="https://twitter.com/The_DogeVerse/status/1780642457534804012?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 17, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>The presale aims for a soft cap target of $8.8 million and a hard cap target exceeding $17 million. Consequently, investors are eager to participate early, especially considering the development team’s intention to launch the token on <a href="https://insidebitcoins.com/buy-cryptocurrency/best-decentralized-exchanges" rel="noopener noreferrer nofollow">decentralized exchanges</a> (DEXs) post-presale.</p>
<p>Following DEX listings, the token is anticipated to transition to <a href="https://insidebitcoins.com/buy-cryptocurrency/what-is-a-cex" rel="noopener noreferrer nofollow">centralized exchanges</a> (CEXs) as part of the project’s roadmap. Moreover, $DOGEVERSE incorporates a <a href="https://insidebitcoins.com/buy-cryptocurrency/best-staking-coins" rel="noopener noreferrer nofollow">staking</a> protocol enabling token holders to earn rewards by staking their tokens on Ethereum, with staking APYs currently at 159%.</p>
<p>However, it’s worth noting that this figure may decrease as more tokens are staked. With the upcoming ‘Doge Day’ scheduled for April 20th, heightened anticipation surrounds this multi-chain meme project.</p>
<p>For the latest updates on the Dogeverse presale, interested individuals are encouraged to follow their <a href="https://twitter.com/The_DogeVerse" rel="noopener noreferrer nofollow">X</a> account and join their <a href="https://t.me/The_DogeVerse" rel="noopener noreferrer nofollow">Telegram channel</a>. To take part in the $DOGEVERSE token presale visit <a href="https://insidebitcoins.com/visit/dogeverse" rel="noopener noreferrer nofollow">thedogeverse.com.</a></p>
<h3 id="related">Related</h3>
<ul>
 <li><a href="https://insidebitcoins.com/news/most-trending-cryptocurrency-on-base-chain-now-based-shiba-inu-mochi-boshi" rel="noopener noreferrer nofollow">Most Trending Cryptocurrency on Base Chain Now – Based Shiba Inu, Mochi, Boshi</a></li>
 <li><a href="https://insidebitcoins.com/news/best-meme-coins-to-buy-monday-april-16-fronk-neko-defrogs-dogeverse" rel="noopener noreferrer nofollow">Best Meme Coins To Buy Monday, April 16 –&nbsp; Fronk, Neko, DeFrogs, Dogeverse</a></li>
 <li><a href="https://insidebitcoins.com/news/austin-hilton-reviews-the-newest-multi-chain-meme-coin-dogeverse" rel="noopener noreferrer nofollow">Austin Hilton Reviews The Newest Multi-Chain Meme Coin – Dogeverse</a></li>
 <li><a href="https://insidebitcoins.com/news/top-cryptocurrency-to-invest-in-now-april-11-ondo-neo-shiba-inu" rel="noopener noreferrer nofollow">Top Cryptocurrencies to Invest in Now April 11 –&nbsp; Ondo, Neo, Shiba Inu</a></li>
</ul>

Will $SHIB’s Price Surge After the Bitcoin Halving, or Will This New Multi-Chain Meme Coin Outperform It in 2024?

Table of Contents

Inside Bitcoins

Other articles published on Apr 18, 2024

Pi Network hits milestone as 10 million users complete their KYC

SHIB: Major Alert Issued by Shiba Inu Team Member for Urgent Action

Santiment Reveals Top Altcoins Likely to Rebound First Amid Market-Wide Correction

Daily Market Review: BTC, ETH, INJ, SUI, LTC

Can Bitcoin Whales Prevent Price Capitulation Below Crucial Support Level at $59k?

Exploring the Impact of Market Trends on Fetch.ai’s Pricing Dynamics

Join our free newsletter for daily crypto updates!