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SHIB May Surge as Experts Point to 123% Upside

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By Aggregated - see source on March 8, 2025 Altcoin
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There are few cryptocurrencies that have as passionate a following as Shiba Inu does. The meme coin has struggled along with most of the digital asset market this year, although a turnaround is expected. Indeed, one key Shiba Inu prediction eyes the potential for SHIB to surge a remarkable 123%.

The ecosystem is constantly under development, and the presence of favorable regulation has many expecting the best. However, the industry itself has found immense difficulty growing in value so far this year. If things do reverse, Shiba Inu may be a token poised to increase majorly.

Shiba Inu (SHIB)
Source: Watcher.Guru

Also Read: Dogecoin or Shiba Inu: Which Will Recover Faster?

Shiba Inu to Jump 123%? Here’s What Experts Are Saying About SHIB

2025 was always poised to be a monumental year for the cryptocurrency sector. Indeed, the asset class was set to enjoy a complete overhaul in its crypto policy in the United States. Moreover, the adoption and interest of the asset class have skyrocketed over the last 14 months.

Although that has failed to influence prices in the first two months of this year, things are expected to turn around. When they do, there are questions about how the meme coin market could fare. According to one Shiba Inu prediction, SHIB may have a 123% upside.

shiba inu moneyshiba inu money
Source: Watcher Guru

Also Read: Shiba Inu: SHIB May Be Represented At The Crypto Summit Today: Here’s How

On Friday, Shiba Inu ended the week up 1.8$ to trade at the $0.000013 level according to CoinMarketCap. Moreover, that had been a reversal of a 15% drop that hindered the asset. Additionally, it had fallen 2% in the last seven days as the token sought to find its footing.

However, it may be set to go in the opposite direction rather quickly. According to cryptocurrency price prediction platform CoinCodex, SHIB is forecast to increase by 123% in March. Indeed, they project the token to reach a March high of $0.000030.

That will continue with the asset standing firm at that level for a number of months. Yet, it will surge once again in August, when the asset is expected to jump more than 330% from its current position. Ultimately, that will see SHIB reach a 2025 high of $0.000058.

Credit: Source link

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