Wednesday, September 11, 2024
HomeCryptocurrencyCrypto Investor Sees Shiba Inu (SHIB) Price At $0.05

Crypto Investor Sees Shiba Inu (SHIB) Price At $0.05

Despite recent market fluctuations, cryptocurrency educator Investor Ben remains optimistic about the future of digital assets. In a recent post, Ben shared his yearly price targets for the top 10 cryptocurrencies, including Bitcoin, Shiba Inu, Solana, and Avalanche.

This move comes as the global economic and sociopolitical climate continues to impact the financial market, resulting in a decline in cryptocurrency prices.

According to CoinMarketCap, the global crypto market cap has decreased by 4.07% in the past 24 hours, reaching $ 2.14 trillion. However, market analysts predict a major rally, potentially commencing this year and peaking by 2025. This anticipated rally has sparked interest among investors, looking for potential assets to invest in.

Investor Ben’s Price Targets

Ben’s list of top 10 cryptocurrencies includes Bitcoin (BTC), Shiba Inu (SHIB), Dogecoin (DOGE), Ethereum (ETH), Solana (SOL), Avalanche (AVAX), Artificial Superintelligence Alliance (FET), Binance Coin (BNB), Toncoin (TON), and Cortex (CTXC).

Notably, Ben predicts Bitcoin will surge between $80,000 and $100,000 this year, requiring a 32.59% rally from its current price of $60,334. This prediction is significant, as Bitcoin’s performance often sets the tone for the broader cryptocurrency market.

Shiba Inu and Other Predictions

Ben expects Shiba Inu to trade between $0.05 and $0.09 this year, a significant increase from its current price of $0.00001398. This would require a 357,6440% surge to reach the minimum target of $0.05.

Additionally, Ben predicts Solana will trade between $600 and $1,000, while Dogecoin, Avalanche, Artificial Superintelligence Alliance, and Binance Coin will trade within the price ranges of $0.67 to $1.45, $63, $3.47 to $5, and $1,000 to $1,500, respectively. Toncoin is expected to trade between $10 and $26, and Cortex between $0.64 and $1.

Investor Ben’s price targets offer insight into the potential future performance of top cryptocurrencies. While factors driving these predictions are not specified, Ben’s optimism reflects the broader market sentiment.

As the cryptocurrency market continues to evolve, it remains to be seen whether these predictions will materialize. However, one thing is certain,  the next few months will be crucial in determining the direction of the cryptocurrency market.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.


Follow us on Twitter, Facebook, Telegram, and Google News

Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.
RELATED ARTICLES

Latest News & Articles