How Inflation Data Could Impact Shiba Inu (SHIB) and Other Meme Coins
- Forbes projects SHIB to hit $0.0003, offering a potential 1700% return.
- SHIB’s future depends on surpassing $0.00003682, says KoinBX’s Utkarsh Tiwari.
- ClayBro predicts Shiba Shootout could soar 1659%, trading now at $0.0195.
The crypto market is rallying, fueled by encouraging inflation data from the U.S.
Consumer Price Index (CPI) data fell to 3%, below last month’s figure and the anticipated 3.1%.
This unexpected economic boost has injected renewed optimism into the market, sparking bullish predictions for various cryptocurrencies, especially Shiba Inu (SHIB) and Shiba Shootout.
SHIB to Surge to $0.0003
Among these bold predictions, Forbes has captivated the crypto world, projecting that Shiba Inu’s SHIB token could skyrocket to $0.0003. This stunning forecast, shared in a recent Monday report, suggests a massive potential return of 1,700% for investors from its current price.
While Forbes’s predictions are optimistic, other industry experts remain more cautious. Many anticipate a more conservative trading range for SHIB, estimating it will fluctuate between $0.0001 and $0.0003 by 2024-2025.
Utkarsh Tiwari, Chief Strategy Officer at KoinBX, o…
The post How Inflation Data Could Impact Shiba Inu (SHIB) and Other Meme Coins appeared first on Coin Edition.
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Shiba Inu (SHIB) Price Prediction & Analysis for July 12
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How Inflation Data Could Impact Shiba Inu (SHIB) and Other Meme Coins
- Forbes projects SHIB to hit $0.0003, offering a potential 1700% return.
- SHIB’s future depends on surpassing $0.00003682, says KoinBX’s Utkarsh Tiwari.
- ClayBro predicts Shiba Shootout could soar 1659%, trading now at $0.0195.
The crypto market is rallying, fueled by encouraging inflation data from the U.S.
Consumer Price Index (CPI) data fell to 3%, below last month’s figure and the anticipated 3.1%.
This unexpected economic boost has injected renewed optimism into the market, sparking bullish predictions for various cryptocurrencies, especially Shiba Inu (SHIB) and Shiba Shootout.
SHIB to Surge to $0.0003
Among these bold predictions, Forbes has captivated the crypto world, projecting that Shiba Inu’s SHIB token could skyrocket to $0.0003. This stunning forecast, shared in a recent Monday report, suggests a massive potential return of 1,700% for investors from its current price.
While Forbes’s predictions are optimistic, other industry experts remain more cautious. Many anticipate a more conservative trading range for SHIB, estimating it will fluctuate between $0.0001 and $0.0003 by 2024-2025.
Utkarsh Tiwari, Chief Strategy Officer at KoinBX, o…
The post How Inflation Data Could Impact Shiba Inu (SHIB) and Other Meme Coins appeared first on Coin Edition.
Read More
Shiba Inu (SHIB) Price Prediction & Analysis for July 12