Shiba Inu Weekly Price Prediction: How Will SHIB Fare Later This Week?

Juhi Mirza
Shiba Inu
Source – CoinCodex

Shiba Inu is undoubtedly one of the leading crypto meme coins ruling over the web3 realm. The token has surpassed expectations nearly every time it claimed a new price high, fueling its community hopes for the token to inch closer to its one-cent dream with a price milestone. SHIB is currently trading at $0.00002156, down 1% in the last 24 hours. However, with a spree of positive price predictions looming for SHIB, the month of June looks particularly promising for the token to claim a high price target spot.

Also Read: The US Dollar Or Japanese Yen: Which Currency Is Realistically Stronger?

Shiba Inu Forecasted to Hit $0.0001: Here's When

The Shiba Inu community is dubbed one of the most robust crypto communities out there. With the SHIB ecosystem on the verge of future expansion and development, the community is now hoping for the token to claim a new high price very soon. This narrative is now being fueled by noteworthy crypto analysts and experts who believe SHIB can easily surge and scale nearly 501% in the coming weeks and months.

Per notable crypto analyst “Mags,” Shiba inu boasts a remarkable price ascent trajectory, through which the token can claim a surge of a staggering 501%. The analyst took to X, to share the last purchase call for the token. He later made a bold price prediction for SHIB. The analyst reiterated how SHIB can easily spike and trade at $0.00014 and investors should already start investing in the coin before it peaks and stabilizes at the aforementioned price level.

Shiba Inu (SHIB) Weekend Forecast

At present the token is moving at a stabilized yet gradual price pace. SHIB is currently down 1% in the last 24 hours, trading at $0.00002156. Per CoinCodex, the token is expected to change its price pace by the end of June, to surge and claim a new ATH.

However, for the upcoming weekend, SHIB’s price pace looks promising, per the platform. CC claims that SHIB can gain nearly 20% by June 14, ascending to a new price high of $ 0.00002727.

“According to our Shiba Inu price prediction. SHIB may trade within a price range of $ 0.00002152 and $ 0.00002594 this week. Shiba Inu will increase by 20.51%. It will reach $ 0.00002594 by Jun 17, 2024 if it reaches the higher value target.”

Also Read: Cardano Set For Voltaire As Interest In ADA Spikes: Is $1 Imminent?

For June, CC predicts SHIB can easily spike to 227% to trade at the price level of $ 0.00007392.