Shiba

Rally

Terra

Shiba Inu

Coin

<p>The post <a href="https://coinpedia.org/price-analysis/shiba-inu-coin-set-for-major-comeback-top-trader-predicts-massive-rally-to-2021-highs/">Shiba Inu Coin Set for EPIC Comeback! Top Trader Predicts Bull Rally to 2021 Highs</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>June wasn’t kind to <a href="https://coinpedia.org/price-prediction/shiba-inu-price-prediction/">SHIB</a>, with its price experiencing its worst beating since May 2022. By month’s end, SHIB was down over 33%, settling at $0.000017, leaving many wondering: is this the end of the Shiba Inu rally, or a fire sale for future gains?</p> 
<p>Despite this steep decline, top crypto trader Daink is predicting an imminent rally for Shiba Inu, projecting a return to its 2021 high above $0.000088.</p> 
<p>Read on to discover what July might hold. </p> 
<h2 class="wp-block-heading" id="h-rally-incoming">Rally Incoming? </h2> 
<p>In a recent tweet, renowned crypto trader Daink sparked excitement within the Shiba Inu (SHIB) community by announcing the purchase of a long-term SHIB bag. Daink, known for his accurate market predictions, is projecting an imminent rally that could see SHIB revisit its 2021 high above $0.000088.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SHIB</a><br><br>Bought a long term bag <a href="https://t.co/WLP5vYgs6E">pic.twitter.com/WLP5vYgs6E</a></p>— Daink (@TraderDaink) <a href="https://twitter.com/TraderDaink/status/1806666259892699390?ref_src=twsrc%5Etfw">June 28, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<h2 class="wp-block-heading" id="h-market-trends">Market Trends</h2> 
<p>This analysis follows an ongoing market downturn, with Shiba Inu being one of the hardest-hit cryptocurrencies. With June nearly over, SHIB has dropped 32.87% this month, marking its worst performance since the Terra collapse in May 2022.</p> 
<p>Crypto trader Daink views this as a strategic opportunity to <a href="https://coinpedia.org/news/shiba-inu-price-poised-for-a-massive-rally-as-it-enter-into-buy-zone/">buy SHIB </a>at a lower price before the anticipated rally. He notes that a similar drop in volatility occurred in February, right before a previous SHIB surge. Confident in a repeat scenario, Daink has secured a long-term Shiba Inu position.</p> 
<p><strong>Historical Trends </strong></p> 
<p>Conversely, data from CryptoRank suggests that Shiba Inu’s price could increase by 11% in July. Historically, SHIB has experienced positive movement in July, with price increases of 11.8% in 2023 and 13.4% in 2022.</p> 
<h2 class="wp-block-heading" id="h-current-market-position">Current Market Position</h2> 
<p>June has historically been an unfavorable month for Shiba Inu, and 2024 is no exception. Despite this, Shiba Inu’s price hovers at $0.0000171, reflecting a slight drop in the last 24 hours.</p> 
<p>With a market cap of $10 billion, Shiba Inu is currently the second-largest meme coin, trailing behind Dogecoin, which boasts a market cap of $17 billion.</p> 
<p>Also Check Out: <a href="https://coinpedia.org/price-analysis/altcoins-holding-market-expectations-quant-qnt-arweave-ar-prices-surge-high/" target="_blank" rel="noreferrer noopener">Altcoins Holding Market Expectations: Quant (QNT) &amp; Arweave (AR) Prices Surge High!</a></p> 
<p>As Shiba Inu closes a difficult month, the community remains hopeful for a turnaround. With Daink’s optimistic predictions and historical trends suggesting a potential rally, SHIB holders eagerly await what July may bring.</p>

Shiba Inu Coin Set for EPIC Comeback! Top Trader Predicts Bull Rally to 2021 Highs

Inhaltsverzeichnis

CoinPedia News

Weitere Artikel, die am 29. Juni 2024 veröffentlicht wurden

SEC vs Binance update – Judge dismisses parts of the SEC’s claims

Spot Solana ETF Approval Is Betting on the 2024 Election Outcome

Terra Classic Gains Attention with Recent Market Activity

TON and Notcoin Under Bearish Trend, As Raboo Defies Q2 Dump

MOG Meme Coin Price Explodes Over 100%, Flips BOME: What’s Next for the Solana Token?

Cardano Price Faces Correction After Brief Surge Amidst Volatile Market

Abonniere unseren kostenlosen Newsletter und erhalte tägliche Krypto-Updates!