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<ul> 
 <li>Shiba Inu (SHIB) shows strong signs of recovery since the latest market dip.</li> 
 <li>Analyst expects SHIB price to spike by 405% in the coming months.</li> 
 <li>SHIB could likely print a 5x price pump to hit $0.000081.</li> 
</ul> 
<p>The latest <a href="https://cryptonewsland.com/the-complete-guide-to-mt-goxs-bitcoin/" target="_blank" rel="noreferrer noopener">crypto market dump caused by Mt. Gox</a> and the German government selling their Bitcoin (BTC) seems to have finally settled down. With Bitcoin (BTC) recovering from a $53,000 dump to now a higher low of $56,000, altcoins are also rallying steadily.&nbsp;</p> 
<p>Bullish sentiment has so far been crushed with FUD leading to bear market expectation. With the market at massive lows and liquidations since the FTX collapse, this is a challenging time for a bull market to pull through.&nbsp;</p> 
<p>Yet, many analysts, traders, and seasoned investors remain unshaken. Many see this dip as a gift to accumulate more and prepare for the upcoming golden bull cycle. The coming bull phase is expected to see Bitcoin at $100,000 and above.&nbsp;</p> 
<p>Similarly, altcoins are also expected to make significant upside movements leading to new ATHs for many new and popular crypto tokens. As analysts observe altcoin&nbsp; price charts to determine which altcoin will go up next and by how much, <a href="https://cryptonewsland.com/shiba-inu-remains-resilient-as-the-meme-coin-rush-continues-and-shibarium-grows/" target="_blank" rel="noreferrer noopener">Shiba Inu (SHIB) is at the top of the list</a>.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SHIB</a> (Shiba Inu)'s target at $0.000081 has not changed as prices continue to hold well broken free of the once key, displayed resisting trend.<br><br>With this being, this could entail an over 405% run from here to be in-development to reach this target.<br><br>A &gt;5X may be awaiting Shiba! <a href="https://t.co/Bt6yoMQFl2">https://t.co/Bt6yoMQFl2</a> <a href="https://t.co/w9Pzzv67Kv">pic.twitter.com/w9Pzzv67Kv</a></p>— JAVON
   <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/26a1.png" alt="⚡" class="wp-smiley" style="height: 1em; max-height: 1em;">MARKS (@JavonTM1) <a href="https://twitter.com/JavonTM1/status/1809426048058073382?ref_src=twsrc%5Etfw">July 6, 2024</a>
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<p>According to one analyst, <a href="https://shibatoken.com/" target="_blank" rel="noreferrer noopener nofollow">Shiba Inu (SHIB)</a> could hit $0.000081 price. In his eyes, this target and the possibility of hitting it has not changed for SHIB. He says that prices will continue to hold for SHIB and the asset has broken through a key resistance level and is holding this upward trend.&nbsp;</p> 
<p>This means that Shiba Inu (SHIB) could make a massive comeback from its current price. According to <a href="https://coinmarketcap.com/currencies/shiba-inu/" target="_blank" rel="noreferrer noopener nofollow">CoinMarketCap</a> analytics, the price of SHIB presently stands at $0.000015 and is up by 11% in the last 24 hours.&nbsp;</p> 
<p>This shows the altcoins ability to recover quickly despite the low market sentiment and heavy Bitcoin price dip. Lastly, the analyst says that SHIB is now prepared to make what could possibly amount to a price spike of over 405% this bull run from its current price. Will SHIB pull a 5x price pump soon?</p> 
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4> 
<ul class="wp-block-yoast-seo-related-links yoast-seo-related-links"> 
 <li><a href="https://cryptonewsland.com/bull-market-buzz-pepe-set-for-5x-growth-bome-for-10x-dogwifhat-for-20x-and-nftfn-aiming-for-a-stellar-100x-return/">Bull Market Buzz: PEPE Set for 5x Growth, BOME For 10x, Dogwifhat For 20x, And NFTFN Aiming for a Stellar 100x Return</a></li> 
 <li><a href="https://cryptonewsland.com/3-no-risk-tokens-to-buy-for-a-quick-5x-in-2024/">3 ‘No Risk’ Tokens To Buy for a Quick 5X in 2024</a></li> 
 <li><a href="https://cryptonewsland.com/2-cryptos-under-1-for-immediate-5x-returns/">2 cryptos under $1 for Immediate 5x Returns</a></li> 
 <li><a href="https://cryptonewsland.com/2-tokens-under-1-to-gain-5x-in-february-2024/">2 Tokens Under $1 To Gain 5X in February 2024</a></li> 
 <li><a href="https://cryptonewsland.com/pepe-eyes-5x-bome-looks-for-10x-dogwifhat-targets-20x-but-nftfnis-the-giant-with-expected-100x-returns-this-bull-market/">PEPE Eyes 5x, BOME Looks for 10x, Dogwifhat Targets 20x, But NFTFNis the Giant With Expected 100x Returns This Bull Market</a></li> 
</ul>           
<p>The post <a href="https://cryptonewsland.com/shib-shows-405-price-pump-potential/">SHIB Chart Shows Potential for 405% Price Pump, Will Shiba Inu Print 5X This Crypto Bull Cycle?</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.</p>

SHIB Chart Shows Potential for 405% Price Pump, Will Shiba Inu Print 5X This Crypto Bull Cycle?

Crypto News Land

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