Legendary Trader Reveals Exact Timeline for Shiba Inu SHIB Bull Run Commencing Shortly
Key Points
– Shiba Inu (SHIB) has transitioned from a memecoin to a serious player in the cryptocurrency world.
– Coach K Crypto predicts the start of a bull market for SHIB based on historical data.
– SHIB experienced a recent price dip, hitting $0.00002080 before bouncing back to $0.000021.
Shiba Inu (SHIB), also known as the “Dogecoin Killer,” has evolved from a memecoin to a prominent contender in the realm of digital assets.
Amidst recent market fluctuations, Coach K Crypto, a renowned cryptocurrency trader, has outlined a potential timeline for Shiba Inu’s entrance into a full-fledged bull market, drawing on historical data to support his predictions.
Shiba Inu’s Market Performance
Following a recent market dip, Shiba Inu briefly dipped to $0.00002080 before recovering to $0.00002167 within the past 24 hours.
This dip followed a significant surge earlier this year, during which SHIB surged by over 372% from February 25th to March 6th, reaching a new yearly high above $0.000047. However, a subsequent correction saw SHIB relinquish much of these gains, although it has managed to maintain levels above its pre-rally figures.
Shiba Inu ($SHIB) was launched on July 31st, 2020. The cryptocurrency experienced fluctuations before gaining momentum from September to April. Coach K Crypto anticipates a bullish season on the horizon.
Beginning of Bull Season
Coach K Crypto has drawn parallels between SHIB’s current trajectory and its past price movements. After its launch on July 31, 2020, SHIB witnessed periodic surges, peaking at $0.00003532 in early May 2021.
However, a significant correction followed, with SHIB dropping by 80% to $0.00000698 by May 22nd, 2021. After this decline, SHIB remained in a bearish phase for several months, encountering difficulties in surpassing resistance levels.
In late September 2021, SHIB showed signs of improvement, aligning with the second phase of the 2021 bull run and reaching an all-time high of $0.00008845 in October 2021.
Coach K Crypto envisions SHIB repeating this pattern in the current bull run, foreseeing a potential “real bull” season post-summer.
Shiba Inu Price Predictions
While specific price targets have not been defined, analysts have presented a range of scenarios for SHIB’s future price movements. Estimates for July span from a low of $0.0000128 to a high of $0.0000581, indicating a potential ROI of 152.6%.
Looking ahead to October, experts project SHIB’s price to peak at $0.0000721, offering a potential ROI of 213.5%. Analysts anticipate SHIB maintaining momentum in 2025, with price expectations ranging from $0.000241 to $0.00053.