My Shiba Inu has been experiencing severe bouts of instability lately. The token has fallen 60% in the last year, shaking the Shib Army’s confidence in the token. However, as truly loyal as the SHIB army is to the token, the community is now expressing confidence in the asset and patiently awaiting SHIB’s next price path. In addition to this, analysts are starting to see a glimmer of hope as SHIH continues to battle intense pressure to rise higher on the radar.
60% down in one year: Can you redeem it all with SHIB?
According to Coinmarketcap SHIB Stats, SHIB is down 60% in the last year, a significant drop in terms of valuation and numbers. However, according to Javon Marks, a new era for SHIB could be upon us as it highlights how SHIB will skyrocket in the near future.
Marks reiterated his views in his latest tweet, adding that SHIB is on track to reach $0.000032 over time. Building on this further, Mr. Marks shared how SHIB has progressed and recently broken through important accumulation ranges and prices. A pass through this could set the asset up for a 200% rally, potentially reaching $0.000032 in the near future.
“$SHIB (Shiba Inu) already appears to be coming out of significant accumulation, and the price, which showed a bullish divergence earlier this year, could be poised for a move of up to 200% to test resistance at $0.000032 again here.”
How high can the token go within a year?
According to Flitpay SHIB statistics, Shiba Inu could hit a new high of $0.0006678 by 2026.
“Considering all these factors, the Shiba Inu price prediction in 2026 is $0.0006678 (highest), $0.0000888 (lowest) and $0.00004467 (average) in USD.”