Here’s Why Shiba Inu Price May Skyrocket Soon

Quick Summary:

Shiba Inu (SHIB) price sets its eyes on record highs, with two on-chain metrics suggesting that it may skyrocket soon.

These metrics hint that the meme coin has entered an accumulation phase, which may renew the bullish momentum and spark an upward trend.

If history rhymes and SHIB follows the same trend, and the price skyrockets by 94%, the new target will be $0.0000259.

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Article Details

Author / Journalist: muthoni

Category: Crypto

Markets: India

Topics: Shiba inu Price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-01 @ 09:53:41 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 461 words

Reading Time: 3 minutes read

Sentences: 38 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 28308301

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 31 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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Publisher ID: #59

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