Shiba

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Shiba Inu

Rise

In a bold forecast that is stirring considerable attention within the SHIB community, a prominent official from the Shiba Inu ecosystem has projected a staggering 250% surge in the token’s value leading up to the upcoming Bitcoin halving. Lucie, the marketing lead for Shiba Inu, expressed her confidence in a significant rebound for SHIB, predicting that the meme coin could surpass its 2021 all-time high (ATH) in the weeks ahead. 
This optimistic outlook comes despite the token’s recent 43% decline to $0.000026 from its recent yearly high at $0.000045. Lucie shared her personal investment move on X, revealing her purchase of SHIB during the <a href="https://www.newsbtc.com/shiba-inu/shiba-inu-open-interest-40-crash/" target="_blank" rel="noopener ">recent dip</a> at around $0.000024, amounting to $989.08. 
She dubbed this strategy “Bought the DIP, my lovely SHIB,” showcasing her belief in a strong move for the meme coin. With SHIB currently trading at $0.000026, a 70% decrease from its ATH of $0.00008845, the crypto must experience a swift and significant rally of 250% to achieve its previous peak. 
This ambitious target is set against the backdrop of the <a href="https://www.newsbtc.com/news/bitcoin/when-is-the-next-btc-halving-date-bitcoin-halving-guide/" target="_blank" rel="noopener ">upcoming Bitcoin halving</a>, expected to occur in 22 to 31 days based on various estimates. “Bought the DIP. My lovely $SHIB. If someone can pull [a] miracle recovery, it’s SHIB. I’m expecting ATH soon before or shortly after BTC halving. Nfa,” Lucie remarked. 
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"> 
 Bought the DIP <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f970.png" alt="🥰" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f60d.png" alt="😍" class="wp-smiley" style="height: 1em; max-height: 1em;"> My lovely <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="nofollow">$SHIB</a> 
 If someone can pull miracle recovery it’s <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="nofollow">$SHIB</a> 
 I’m expecting ATH soon before or shortly after BTC halving nfa <a href="https://t.co/lOXoHgHWUl" rel="nofollow">pic.twitter.com/lOXoHgHWUl</a> 
 — 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/1770344981221306856?ref_src=twsrc%5Etfw" rel="nofollow">March 20, 2024</a>
</blockquote> 
<h2 id="shiba-inu-set-to-overtake-dogecoin">Shiba Inu Set To Overtake Dogecoin?</h2> 
Lucie’s confidence may be mirrored in another daring prediction by the Shiba Inu team on X, where they assert SHIB’s potential to eclipse Dogecoin in market capitalization through strategic moves referred to as “Secret Wags.” 
Reacting to CryptoCom’s classification of SHIB as the second most valuable meme-inspired project, the Shiba Inu team hinted at a future where SHIB dethrones DOGE, stating, “[Number] 2 today, but the Doge days are numbered.” 
The competition between SHIB and DOGE is not new; both tokens have vied for dominance in the past. DOGE currently holds the #10 spot in market cap among all cryptocurrencies, with SHIB trailing closely at #11. The market cap gap between DOGE and SHIB stands at $4.14 billion, with DOGE boasting a market cap of $19.41 billion compared to SHIB’s $15.27 billion. 
To reach a new all-time high against its competitor, DOGE, SHIB would need to rally another 50% (SHIB/DOGE), building on the 98% gain against DOGE over the last four weeks. 
<img loading="lazy" decoding="async" class="wp-image-598873 size-full" src="https://www.newsbtc.com/wp-content/uploads/2024/03/SHIBDOGE_2024-03-20_14-03-05.png?resize=3628%2C1673" alt="SHIB vs DOGE" width="3628" height="1673" srcset="https://www.newsbtc.com/wp-content/uploads/2024/03/SHIBDOGE_2024-03-20_14-03-05.png?resize=3628%2C1673?w=3628 3628w, https://www.newsbtc.com/wp-content/uploads/2024/03/SHIBDOGE_2024-03-20_14-03-05.png?resize=3628%2C1673?w=460 460w, https://www.newsbtc.com/wp-content/uploads/2024/03/SHIBDOGE_2024-03-20_14-03-05.png?resize=3628%2C1673?w=768 768w, https://www.newsbtc.com/wp-content/uploads/2024/03/SHIBDOGE_2024-03-20_14-03-05.png?resize=3628%2C1673?w=860 860w, https://www.newsbtc.com/wp-content/uploads/2024/03/SHIBDOGE_2024-03-20_14-03-05.png?resize=3628%2C1673?w=1536 1536w, https://www.newsbtc.com/wp-content/uploads/2024/03/SHIBDOGE_2024-03-20_14-03-05.png?resize=3628%2C1673?w=2048 2048w, https://www.newsbtc.com/wp-content/uploads/2024/03/SHIBDOGE_2024-03-20_14-03-05.png?resize=3628%2C1673?w=750 750w, https://www.newsbtc.com/wp-content/uploads/2024/03/SHIBDOGE_2024-03-20_14-03-05.png?resize=3628%2C1673?w=1140 1140w, https://www.newsbtc.com/wp-content/uploads/2024/03/SHIBDOGE_2024-03-20_14-03-05.png?resize=3628%2C1673?w=3000 3000w" sizes="(max-width: 1000px) 100vw, 1000px" data-recalc-dims="1"> 
Despite previous attempts to surpass Dogecoin, the Shiba Inu team remains undeterred, buoyed by the growing utility of the Shiba Inu ecosystem beyond its meme coin origins. The <a href="https://www.newsbtc.com/news/company/shibarium-activity-skyrockets-by-30-with-shiba-inus-soaring-prices/" target="_blank" rel="noopener ">development of Shibarium</a>, a blockchain platform offering various utilities for crypto development, and the rallying support of the #ShibaArmy, underline the team’s determination. 
“We’ve got the #ShibaArmy, #Shibarium, and secret wags we can’t reveal yet. Get ready for a new top doggo. Much wows incoming! #SHIB,” the team enthusiastically stated. 
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"> 
 #2 today, but the Doge days are numbered. We've got the <a href="https://twitter.com/hashtag/ShibaArmy?src=hash&amp;ref_src=twsrc%5Etfw" rel="nofollow">#ShibaArmy</a> <a href="https://twitter.com/hashtag/Shibarium?src=hash&amp;ref_src=twsrc%5Etfw" rel="nofollow">#Shibarium</a> and secret wags we can't reveal yet. Get ready for a new top doggo. Much wows incoming! <a href="https://twitter.com/hashtag/SHIB?src=hash&amp;ref_src=twsrc%5Etfw" rel="nofollow">#SHIB</a> <a href="https://t.co/GiCJ2OKCLv" rel="nofollow">https://t.co/GiCJ2OKCLv</a> 
 — Shib (@Shibtoken) <a href="https://twitter.com/Shibtoken/status/1770248051254338034?ref_src=twsrc%5Etfw" rel="nofollow">March 20, 2024</a>
</blockquote> 
At press time, SHIB traded at $0.00002566. 
<img loading="lazy" decoding="async" class="wp-image-598878 size-full" src="https://www.newsbtc.com/wp-content/uploads/2024/03/SHIBUSD_2024-03-20_14-06-28.png?resize=3628%2C1673" alt="Shiba Inu price" width="3628" height="1673" srcset="https://www.newsbtc.com/wp-content/uploads/2024/03/SHIBUSD_2024-03-20_14-06-28.png?resize=3628%2C1673?w=3628 3628w, https://www.newsbtc.com/wp-content/uploads/2024/03/SHIBUSD_2024-03-20_14-06-28.png?resize=3628%2C1673?w=460 460w, https://www.newsbtc.com/wp-content/uploads/2024/03/SHIBUSD_2024-03-20_14-06-28.png?resize=3628%2C1673?w=768 768w, https://www.newsbtc.com/wp-content/uploads/2024/03/SHIBUSD_2024-03-20_14-06-28.png?resize=3628%2C1673?w=860 860w, https://www.newsbtc.com/wp-content/uploads/2024/03/SHIBUSD_2024-03-20_14-06-28.png?resize=3628%2C1673?w=1536 1536w, https://www.newsbtc.com/wp-content/uploads/2024/03/SHIBUSD_2024-03-20_14-06-28.png?resize=3628%2C1673?w=2048 2048w, https://www.newsbtc.com/wp-content/uploads/2024/03/SHIBUSD_2024-03-20_14-06-28.png?resize=3628%2C1673?w=750 750w, https://www.newsbtc.com/wp-content/uploads/2024/03/SHIBUSD_2024-03-20_14-06-28.png?resize=3628%2C1673?w=1140 1140w, https://www.newsbtc.com/wp-content/uploads/2024/03/SHIBUSD_2024-03-20_14-06-28.png?resize=3628%2C1673?w=3000 3000w" sizes="(max-width: 1000px) 100vw, 1000px" data-recalc-dims="1">

Shiba Inu May Rise 250% Pre-Bitcoin Halving, Predicts SHIB Team

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