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<p><strong>Analyst SHIB Knight predicts Shiba Inu could hit $0.0001 this month. After losing momentum from a two-month high, the cryptocurrency has recently shown signs of recovery, erasing losses from the past day.</strong></p><h2 id="header-0">Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On <a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow">www.ChikaMoji.lol</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/05/Chika-Moji-Airdrop.png?fit&#61;1920%2C1080&amp;ssl&#61;1" /></p><p>Specifically, Shiba Inu hit a new daily high of $0.00002519, marking a 4.57% increase from its drop to $0.00002409, the lowest point since last week’s brief rally to approximately $0.00003. Amid this notable comeback, analysts like <a href="https://cryptosheadlines.com/shiba-inu-shib-set-for-major-price-surge-heres-why/" rel="noopener noreferrer nofollow">SHIB Knight have set their targets for Shiba Inu</a>, anticipating a full-blown frenzy similar to what was witnessed in March.</p><h3 id="shib-knight-predicts-shiba-inu-to-hit-0-0001-this-month">SHIB Knight Predicts Shiba Inu to Hit $0.0001 This Month</h3><p>In a recent update on X, <a href="https://cryptosheadlines.com/shiba-inu-shib-and-xrp-included-in-hong-kongs-virtual-asset-index/" rel="noopener noreferrer nofollow">SHIB Knight boldly asserted that Shiba Inu</a> is on track to claim $0.0001 this month. The community analyst sees $0.0001 as the next threshold for Shiba Inu if the asset breaks out from the two-month downtrend.</p><blockquote><a href="https://twitter.com/search?q&#61;%24SHIB&amp;src&#61;ctag&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">$SHIB</a> to 0.0001 this June!Why not? <img src="https://academy-public.coinmarketcap.com/optimized-uploads/ce01a303542e4d8b9d2c61fdd66ff2cf.svg&#43;xml" /><img src="https://academy-public.coinmarketcap.com/optimized-uploads/6a4413a61a604ac78cb41a4a5ed59a22.svg&#43;xml" /> <a href="https://t.co/sLh2TXIVzU" rel="noopener noreferrer nofollow">pic.twitter.com/sLh2TXIVzU</a>— $SHIB KNIGHT (&#64;army_shiba) <a href="https://twitter.com/army_shiba/status/1797533912434167933?ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">June 3, 2024</a></blockquote><p>For instance, on February 22, while Shiba Inu was trading at $0.0000097, SHIB Knight predicted that the asset would reach a 12-month high of $0.000014 with a 52% rally, based on the formation of symmetrical triangles on the Shiba Inu chart.</p><p>In a subsequent update, the analyst outlined $0.000022 as an even more promising target. Remarkably, this projection came true within a few days. Since Shiba Inu reached $0.000014 in late February, it has not returned to that level, even after severe price corrections.</p><h2 id="header-1">Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On <a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow">www.ChikaMoji.lol</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/05/Chika-Moji-Airdrop-1.png?fit&#61;1920%2C1080&amp;ssl&#61;1" /></p><p>Now, SHIB Knight believes that $0.0001 is possible for SHIB this June. Notably, reaching $0.0001 would <a href="https://cryptosheadlines.com/terra-classics-big-growth-ahead-in-2024-meme-coin-set-to-triple-solanas-rise/" rel="noopener noreferrer nofollow">set a new record for the meme coin</a>, as SHIB’s all-time high (ATH) is $0.00008845.</p><p><a href="https://cryptosheadlines.com/analyst-predicts-xrp-to-outperform-bitcoin/" rel="noopener noreferrer nofollow">Also Read:   Analyst Predicts XRP to Outperform Bitcoin</a></p><p>To achieve $0.0001, <a href="https://cryptosheadlines.com/shiba-inu-burn-rate-surges-300-amid-shibarium-progress-price-rally-ahead/" rel="noopener noreferrer nofollow">Shiba Inu needs to rally by 300%</a>. This percentage growth is not too formidable for SHIB, considering it soared by 373% in less than ten days between late February and early March.</p><h3 id="analysts-predict-bullish-future-for-shiba-inu">Analysts Predict Bullish Future for Shiba Inu</h3><p>The $0.0001 target is not an isolated outlook. Other analysts have also <a href="https://cryptosheadlines.com/shiba-inu-shib-price-prediction-bullish-pennant-spotted/" rel="noopener noreferrer nofollow">predicted a similarly bullish future for Shiba Inu</a>. Eunice Wong recently suggested a potential “second leg” rally that could see SHIB reach $0.000125.</p><p>Similarly, analyst Javin Marks proposed that a rebound to $0.000081 could pave the way for an increase to $0.0001553.</p><p><strong>Important:</strong> Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.</p>

Shiba Inu Aims for New Milestone of $0.0001 This Month: Analyst SHIB Knight

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