Expert Explains Why SHIB is Too Strong to Fail: Will Shiba Inu Price 3x?

Quick Summary:

While the Shiba Inu price has crashed by 65% from its November highs, one crypto analyst believes it is too resilient to fail and that it is much better than other meme coins like Dogecoin and Pepe.

A drop below the triple-bottom point at $0.00001080 will be a sign that bears have won and push the coin much lower over time.

She pointed to Shibarium, its layer-2 network that aims to compete with other players like Base and Arbitrum.

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Article Details

Author / Journalist: crispus

Category: Crypto

Markets: IndiaUnited States

Topics: Price Analysis Shiba inu

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-17 @ 15:32:23 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 445 words

Reading Time: 3 minutes read

Sentences: 45 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 27965193

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Main Topics: Crypto

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