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?

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