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<p><a href="https://www.newsbtc.com/news/ripple/changelly-xrp-price-10/" rel="nofollow noopener" target="_blank">Crypto exchange Changelly</a> has outlined its bullish price predictions for <a href="https://bitcoinist.com/shiba-inu-burn-rate-spike-5569/">Shiba Inu (SHIB)</a>. The crypto exchange also highlighted several fundamentals that paint a bullish picture for the meme coin.&nbsp;</p> 
<h2 id="shiba-inu-to-rise-to-0-00002495-by-july">Shiba Inu To Rise To $0.00002495 By July</h2> 
<p>Changelly predicted in a <a href="https://changelly.com/blog/shiba-inu-price-prediction/" rel="nofollow noopener" target="_blank">blog post</a> that Shib Inu will experience a price increase of just over 40% from its current price level and rise to $0.00002495 by July 1. This forms part of their bullish expectations for the meme coin this year, with the crypto exchange predicting that Shiba Inu can rise to $0.0000389961 by year-end.&nbsp;</p> 
<p>Interestingly, Changelly made these bullish predictions despite noting that Shiba Inu is currently experiencing a <a href="https://bitcoinist.com/shiba-inu-milestone-metric/">bearish market sentiment</a>. Despite that, they believe that the meme coin can still enjoy a strong upward trend, noting that the meme coin has shown a “very strong potential” lately.&nbsp;</p> 
<p>The crypto exchange further alluded to SHIB’s fundamentals as part of the reasons they are bullish on the meme coin. Changelly noted how <a href="https://bitcoinist.com/shiba-inu-shares-update-on-eternity-game/">Shiba Inu’s developers</a> are “aiming to solve serious, real-life problems.” The blog post also highlighted how Shiba Inu is gearing towards becoming a “full-fledged” decentralized ecosystem with the community having 100% rights to manage the network without a centralized governing body.&nbsp;</p> 
<p>Meanwhile, Changelly stated that the overall market sentiment for the SHIB coin is “pretty positive” despite its recent downward trend. The crypto exchange mentioned <a href="https://bitcoinist.com/shiba-inus-shibarium-hits-new-record-amid-chaotic-market-movements/">Shibarium</a> as a “key factor” which is generating a lot of excitement for Shiba Inu investors. The layer-2 network has become an integral part of the SHIB ecosystem and <a href="https://bitcoinist.com/shiba-inu-burns-bright-shib/">provides great utility</a> for the meme coin, which could help contribute to future price surges.&nbsp;</p> 
<p>Changelly also claimed that Shiba Inu has the “distinct advantage of a large, dedicated, and passionate community.” The Shiba Inu community, famously known as the ‘SHIB Army’ have undoubtedly played a significant role in Shiba Inu’s rise to prominence and Changelly believes that they can also help to position Shibarium as one of the leading Ethereum layer-2 networks.</p> 
<h2 id="shib-s-road-to-a-new-all-time-high">SHIB’s Road To A New All-Time High</h2> 
<p><a href="https://bitcoinist.com/xrps-next-major-stop-could-be-20-heres-how/">Crypto analyst Javon Marks</a> recently <a href="https://x.com/JavonTM1/status/1802772492504719728" rel="nofollow" target="_blank">highlighted</a> how Shiba Inu could reach a new all-time high (ATH).&nbsp;He stated that&nbsp;<a href="https://bitcoinist.com/shiba-inu-burn-rate-spike-5569/" target="_blank" rel="noopener ">SHIB</a> could soon experience a parabolic rise to $0.000081, considering that the meme coin is still up over 100% since breaking out from a resisting trend, which he highlighted on the chart.&nbsp;</p> 
<img loading="lazy" decoding="async" class="size-medium wp-image-306307" src="https://bitcoinist.com/wp-content/uploads/2024/06/Shiba-Inu.png?w=512&amp;resize=512%2C312" alt="Shiba Inu" width="512" height="312" data-recalc-dims="1"> 
<p>A rise to $0.000081 represents a price gain of over 200%, which Marks claimed is possible and that the recent pullback may contribute to such breakout. He further mentioned that a break or hold above $0.000081 could send Shiba Inu to $0.0001553, a new ATH for the <a href="https://bitcoinist.com/shiba-inu-dogecoin-shib-excitement/">second-largest meme coin</a> by market cap.&nbsp;</p> 
<img loading="lazy" decoding="async" class="size-medium" src="https://www.tradingview.com/x/I4RjciVE/" alt="Shiba Inu price chart from Tradingview.com" width="3286" height="1576">

Crypto Exchange Predicts Price Surge For Shiba Inu Amid Positive Market Sentiment

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