Shiba Inu has lately been experiencing intense pangs of volatility. The token is down 60% in the last year, shaking the Shib Army’s confidence in the token. However, as loyal as the SHIB army truly is towards the token, the community is now expressing its faith in the asset, patiently waiting for SHIB’s next price path. In addition to this, analysts have also started to view a ray of hope, as SHIH continues to battle intense pressure in its wake to climb high on the radar.
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60% Down in One Year: Can SHIB Redeem It All?
According to Coinmarketcap SHIB Stats, SHIB is down 60% in the last year, which is a grave decline in terms of valuations and numbers. However, according to Javon Marks, a new era of SHIB might be on the cards, as Marks emphasizes how SHIB is planning to surge higher in the near future.
Marks, in his latest tweet, reiterated his viewpoint, adding how SHIB is on the path to hit $0.000032 in due time. Expanding on this, Marks shared how SHIB is moving ahead and has recently broken out of a key accumulation range and price. Once through, the asset could gear up for a 200% hike, hitting $0.000032 in the near future.
“$SHIB (Shiba Inu) looks to be already broken out of a key accumulation, and prices, which showed bull divergences early this year, can be preparing here for an ~200% move to test a resistance in the $0.000032s again.”
How High Can the Token Rise Within a Year?
According to Flitpay SHIB Stats, Shiba Inu may end up hitting a new high of $0.0006678 by 2026.
“Considering all these factors, our Shiba Inu price prediction for 2026 in USD is $0.0006678 (maximum), $0.0000888 (minimum), and $0.00004467 (average).”
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