Shiba Inu is currently trading at the $0.000022 mark on Thursday, January 2, 2025, and is up nearly 4% in the day’s trade. SHIB surged nearly 105% last year and doubled investors’ money. The token is among the top-performing assets in the cryptocurrency market, as its price found a breakthrough in the charts. Trump’s inauguration on January 20, 2025, could make Shiba Inu and other leading cryptocurrencies soar in value this month.
Also Read: AI Predicts If Shiba Inu Can Reach $0.01 in 2025
Trump is backing the cryptocurrency market and showing interest in blockchain technology and payment systems. Tesla CEO Elon Musk will also have a governmental role through D.O.G.E, and the two will work closely for the next four years. Bitcoin, Ethereum, Dogecoin, Ripple, Cardano, and Shiba Inu could most likely gain in value under Trump’s presidency.
Also Read: How High Will Shiba Inu (SHIB) Surge In January 2025?
SHIB: AI Predicts Shiba Inu’s Price When Trump Takes Office in January
Leading on-chain metrics and price prediction firm CoinCodex remains bullish on Shiba Inu’s prospects during Trump’s inauguration in January 2025. The oath-taking ceremony is scheduled for January 20, 2025, and Trump will reclaim the White House with Vice President JD Vance.
Also Read: Cryptocurrency: 3 Coins That Could Double Their Price In 2025
According to a recent price prediction, Shiba Inu could double in price after Trump takes office this month. The forecast indicates that SHIB could reach a high of $0.00004633 in January 2025, with a surge of nearly 109%. Therefore, an investment of $1,000 could turn into $2,090 this month if the forecast turns out to be accurate.
Also Read: Ripple XRP: Will XRP Hit $10 in 2025?
That’s stellar returns in a span of a month that only a few assets are capable of delivering. The cryptocurrency market is geared up for Trump’s presidency, and several altcoins are looking for a possible bull run. If the markets rally under Trump, Shiba Inu could also benefit and hit new highs. 2025 could be the b best year for SHIB and other leading cryptocurrencies in the broader markets.