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Shiba Inu

<p>The post <a href="https://coinpedia.org/news/shiba-inu-36-5-soars-market-cap-hits-8b-outpaces-ada-link-ltc-aiming-800-surge-in-a-week/">SHIB Price Jumps 36.5%, Market Cap Hits $8B: Can Shiba Inu Repeat its 2021 Run?</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>In the current crypto boom, all eyes are on <a href="https://coinpedia.org/price-prediction/shiba-inu-price-prediction/">Shiba Inu</a>, marking an impressive 36.5% gain in the past 24 hours, surpassing the growth seen in other assets. In the meantime, Shiba Inu’s market cap has now exceeded $8 billion, and its trading volume is outpacing major altcoins like ADA, LINK, and LTC.&nbsp;</p> 
<p>Amidst this excitement, speculation is rife about a potential 800% surge in the coming week, reminiscent of its 2021 bull run performance.</p> 
<h2 class="wp-block-heading" id="h-shiba-shines-bright">Shiba Shines Bright</h2> 
<p>In the last 24 hours, Shiba Inu’s price has climbed by an outstanding 36.6%, riding the positive trend in the overall crypto market. Notably, this surge has lifted Shiba Inu’s market cap to over $8 billion, a level not seen since May 2023. This marks a significant doubling of its market cap from the lows witnessed in November.</p> 
<p>Simultaneously, Shiba Inu’s trading volume has skyrocketed to about $1.5 billion in the last 24 hours, surpassing <a href="https://coinpedia.org/price-analysis/top-ordinal-altcoins-surge-as-bitcoin-price-hit-64k/">major altcoins</a> like Cardano, Chainlink, and Litecoin. Cardano, ranked 8th, trails with $1.38 billion, Chainlink (12th) follows with $1.33 billion, and even Litecoin (19th) lags behind at around $1 billion.</p> 
<p>Also Read: <a href="https://coinpedia.org/price-analysis/shiba-inu-knocks-out-a-zero-with-a-price-jump-whats-next-for-shib-in-march/">Shiba Inu Knocks Out A Zero With A Price Jump! What’s Next For SHIB In March?</a></p> 
<h2 class="wp-block-heading" id="h-historical-data-in-focus">Historical Data in Focus </h2> 
<p>Adding fuel to the speculation, Lucie, a Shiba Inu ecosystem marketing specialist, tweeted about a potential surge in SHIB’s price, citing historical data. Lucie highlighted how $SHIB experienced an 800% leap in just one week during the 2021 bull run.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SHIB</a> surged 800% in a week without any burns in 2021.<br><br>Eager to see the outcome in 2024.<br><br>Slow burns and steady demand are essential.<a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SHIB</a> is poised for growth and waits for no one.</p>— 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO 
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9dc-1f3fc-200d-2640-fe0f.png" alt="🧜🏼‍♀️" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@LucieSHIB) <a href="https://twitter.com/LucieSHIB/status/1762933515010658450?ref_src=twsrc%5Etfw">February 28, 2024</a>
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<p>With Shiba Inu currently priced at $0.00001340, Lucie’s tweet has ignited curiosity about the coin’s growth potential.</p> 
<h2 class="wp-block-heading" id="h-future-projections">Future Projections</h2> 
<p>At its current price of <a href="https://markets.coinpedia.org/shiba-inu/">$0.00001340</a>, a speculated 800% surge could take Shiba Inu to $0.0001206, eliminating one zero and setting a new record. Past data suggests that such shifts could unfold in the upcoming weeks. </p> 
<p>Shiba Inu’s trajectory in the crypto world is one to watch, and the coming weeks will reveal whether it can replicate its historic ascent.</p> 
<p>Read More: <a href="https://coinpedia.org/news/crypto-analyst-mikybull-crypto-unveils-top-altcoin-picks-for-2024-before-its-too-late/">Top Altcoins Picks For 5-50x Gains in 2024</a></p> 
<p><strong>With the recent rise in trading volume, is Shiba Inu a good investment opportunity? Let us know what you think!</strong></p>

SHIB Price Jumps 36.5%, Market Cap Hits $8B: Can Shiba Inu Repeat its 2021 Run?

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