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The post Shiba Inu (SHIB) Bull Run To Begin Soon: Legendary Trader Reveals Exact Timeline appeared first on Coinpedia Fintech News
Shiba Inu (SHIB), often called the “Dogecoin Killer,” has undergone a remarkable transformation from being a memecoin crypto to a serious contender in the digital asset space.
Amidst recent market fluctuations, Legendary Crypto trader Coach K Crypto has shared a timeline on when Shiba Inu might see a full bull market citing historical data to make his predictions more reliable.
Shiba Inu’s Market Performance
In the face of a recent market dip, Shiba Inu’s price briefly drops to $0.00002080 before recovering slightly to $0.00002167 within the last 24 hours.
This dip comes on the heels of a significant surge earlier this year, during which SHIB skyrocketed by over 372% from February 25th to March 6th, achieving a new yearly high above $0.000047. However, the following correction saw SHIB losing much of these gains, though it has managed to stay above its pre-rally levels.
Beginning of Real Bull Season
Coach K Crypto has noted similarities between SHIB’s current movement and its past price movements. When SHIB first launched on July 31, 2020, it experienced periodic surges, reaching a peak of $0.00003532 in early May 2021.
However, this was followed by a significant correction, with SHIB plunging 80% to $0.00000698 by May 22nd, 2021. After this sharp decline, SHIB remained in a bearish phase for several months, facing challenges in surpassing resistance levels.
After months of struggle, SHIB showed signs of improvement in late September 2021, clashing with the 2021 bull run’s second phase. This led SHIB to reach an all-time high of $0.00008845 in October 2021.
Meanwhile, Coach K Crypto believes SHIB might repeat this pattern in the current bull run, expecting a potential “real bull” season after summer.
Shiba Inu Price Forecasts
While specific price targets are not set, analysts project a wide range of scenarios for SHIB’s future price movements. For July, estimates range from a minimum of $0.0000128 to a maximum of $0.0000581, with a potential ROI of 152.6%.
Looking ahead to October, experts anticipate SHIB’s price to peak at $0.0000721, with a potential ROI of 213.5%. Peeking further into the future, analysts foresee SHIB maintaining its momentum in 2025, with price expectations ranging from $0.000241 to $0.00053.