The Shiba Inu ecosystem is buzzing with new excitement as it prepares to launch a brand new token called TREAT. Apart from that, the new token is gearing up to assist in onboarding new users into the space and, at the same time, help SHIB establish a steady equilibrium in the realm. Here’s how SHIB may end up performing this weekend as the TREAT token launch date nears with the passing seconds.
Also Read: Shift in Bitcoin Power: U.S. Entities Surpass Offshore Holdings by 65%
Shiba Inu: The Future Price Path
Shiba Inu has currently adopted a mellow stance as Bitcoin hovers at a lower price point of $93K. However, the momentum is expected to change anytime soon once Trump officially commences his presidential term.
In this wake, Javon Marks, a reputed cryptocurrency analyst, has shared how the token is already brewing a stellar price path, anticipating a 260% surge to $0.000081.
“$SHIB (Shiba Inu) finishing up the year holding a major breakout and coming off of textbook bull signals on lower timeframes! Holding broken out, the target at $0.000081 goes unchanged, and these bull signals can be pointing to a continuation within an over 264% run to reach it!”
$SHIB (Shiba Inu) finishing up the year holding a major breakout and coming off of textbook bull signals on lower timeframes!
Holding broken out, the target at $0.000081 goes unchanged and these bull signals can be pointing to a continuation within an over 264% run to reach it! https://t.co/4L9HEciT3a pic.twitter.com/qkmLQURP5u
— JAVONMARKS (@JavonTM1) December 31, 2024
Also Read: U.S. Senate Launches First Crypto Subcommittee: A New Era for Regulation?
The Token’s Weekend Prediction
The Shiba Inu ecosystem is also working on launching some notable products that are intended to keep its community buzzing with excitement.
Lucie, Shiba Inu’s marketing lead, recently took to X to announce the launch of the TREAT token. The highly anticipated TREAT launch is set to empower the SHIB ecosystem once again, inviting a huge user influx to help the ecosystem gain momentum in the long haul.
$TREAT is one of the key pieces that completes the Shiba Inu ecosystem.@treatsforShib pic.twitter.com/DUdJP4kNZe
— KUROSHIBARMY JPN (@kuro_9696_9696) January 8, 2025
Per CoinCodex, Shiba Inu is set to mark its novel price trajectory by hitting a new price peak of $0.00002770 by January 12.
By the end of January 2025, the token may surge to hit a new price of $0.00002137
“According to our current Shiba Inu price prediction. The price of SHIB may rise by 0.61% and reach $ 0.00002137 by February 9, 2025. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 69 (Greed). Shiba Inu recorded 13/30 (43%) green days with 10.38% price volatility over the last 30 days. Based on the SHIB forecast, it’s now a bad time to buy Shiba Inu.”
Also Read: Ethereum (ETH) To Hit New Peak Of $6000: Here’s When
Credit: Source link
