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 <p>Shiba Inu remains under pressure in the market, particularly as Bitcoin’s price fell below $62,000 in anticipation of its halving event. This overall market slump is maintaining downward pressure on cryptocurrency prices.</p>
 <p>Nevertheless, 75% of Shiba Inu token holders have maintained their investments for more than a year, demonstrating a robust confidence in the token’s potential for long-term growth. Although $SHIB has surged 88% over the past year, it is still 75% below its historical peak.</p>
 <h2 id="shib-price-prediction">$SHIB Price Prediction</h2>
 <p>As of this writing, the price of Shiba Inu stands at $0.0000219, with a trading volume over the last 24 hours reaching $553.95 million and a market capitalization of $12.9 billion. The price of $SHIB has seen a decrease of 2.39% during the past day.</p>
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 <div class="rll-youtube-player" data-src="https://www.youtube.com/embed/Ptpax0aGHMQ" data-id="Ptpax0aGHMQ" data-query="feature=oembed" data-alt="SHIBA INU PRICE | SHIBA INU NEWS - What is Happening?!"></div>
 <noscript><iframe title="SHIBA INU PRICE | SHIBA INU NEWS - What is Happening?!" width="640" height="360" src="https://www.youtube.com/embed/Ptpax0aGHMQ?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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 <p>Over the last three days, Shiba Inu has shown minimal price fluctuations, suggesting a period of relative inactivity from both buyers and sellers at these price levels.</p>
 <p>There is an expectation that sellers might attempt to push the price down to the $0.000020 mark again. A breach of this support level could potentially lead to a significant drop, with the next substantial support pegged at $0.000017.</p>
 <p><img decoding="async" class="alignnone size-full wp-image-508349" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201920%201080'%3E%3C/svg%3E" alt="SHIB Crypto 1 Day Price Graph" width="1920" height="1080" data-lazy-srcset="https://cdn.thebittimes.com/images/2024/04/18/2d56557827b512402c2647d26ade42cc.webp 1920w, https://cdn.thebittimes.com/images/2024/04/18/2d56557827b512402c2647d26ade42cc.webp 300w, https://cdn.thebittimes.com/images/2024/04/18/2d56557827b512402c2647d26ade42cc.webp 1024w, https://cdn.thebittimes.com/images/2024/04/18/2d56557827b512402c2647d26ade42cc.webp 768w, https://cdn.thebittimes.com/images/2024/04/18/2d56557827b512402c2647d26ade42cc.webp 1536w" data-lazy-sizes="(max-width: 1920px) 100vw, 1920px" data-lazy-src="https://cdn.thebittimes.com/images/2024/04/18/2d56557827b512402c2647d26ade42cc.webp">
  <noscript><img decoding="async" class="alignnone size-full wp-image-508349" src="https://cdn.thebittimes.com/images/2024/04/18/2d56557827b512402c2647d26ade42cc.webp" alt="SHIB Crypto 1 Day Price Graph" width="1920" height="1080" srcset="https://cdn.thebittimes.com/images/2024/04/18/2d56557827b512402c2647d26ade42cc.webp 1920w, https://cdn.thebittimes.com/images/2024/04/18/2d56557827b512402c2647d26ade42cc.webp 300w, https://cdn.thebittimes.com/images/2024/04/18/2d56557827b512402c2647d26ade42cc.webp 1024w, https://cdn.thebittimes.com/images/2024/04/18/2d56557827b512402c2647d26ade42cc.webp 768w, https://cdn.thebittimes.com/images/2024/04/18/2d56557827b512402c2647d26ade42cc.webp 1536w" sizes="(max-width: 1920px) 100vw, 1920px">
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 <p>Conversely, if the price surpasses the current downtrend line, it would signal a weakening of selling pressure. Should this occur, $SHIB’s price could climb to $0.000024, at which point strong resistance is anticipated from sellers.</p>
 <p>For a detailed <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> of Shiba Inu’s price predictions, watch the video above and subscribe to his YouTube channel for additional crypto content. Jacob Crypto Bury also runs a Discord channel with 25,000 members where he provides trading advice and insights on upcoming crypto presales.</p>
 <h2 id="a-potential-shiba-inu-rival-with-cross-chain-capabilities">A Potential Shiba Inu Rival with Cross-Chain Capabilities</h2>
 <p>Widespread speculation surrounds the upcoming Bitcoin halving event, with numerous analysts and investors keenly observing its potential market impacts.</p>
 <p>Several experts have observed that Bitcoin has maintained high prices since March and appears ready to once again surpass the $73,000 mark, with potential for additional increases after the halving.</p>
 <p>At the same time, the new multi-chain meme coin, Dogeverse, is capturing attention with predictions that it could outperform Shiba Inu in 2024.</p>
 <p>Dogeverse is distinguished as the world’s pioneering multi-chain dog token, designed to operate across various blockchain networks, including Ethereum, BNB Chain, Polygon, Base, Avalanche, and Solana.</p>
 <p>This cross-chain accessibility ensures that investors can seamlessly utilize Dogeverse, irrespective of their preferred crypto ecosystem. The project introduces Cosmo, a chain-hopping Doge character, aiming to enhance freedom and accessibility within the crypto space.</p>
 <p>By leveraging some of the leading blockchains, $DOGEVERSE optimizes both cost efficiency and transaction speed. With a total token supply of 200 billion, of which 30 billion are allocated during the ongoing presale, $DOGEVERSE currently trades at $0.000297 per token.</p>
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
  <p lang="en" dir="ltr">🌌 Born from a collapsing supernova's dust, #Cosmo, a unique #DOGE, leaps across #Blockchains.</p>
  <p>Embodying freedom and exploration in the crypto-verse. 🚀💫</p>
  <p>As the $DOGEVERSE ambassador, Cosmo beckons unity and creativity, inviting all to explore the vast #Crypto universe. 🌐🌟 pic.twitter.com/Foacph4oFs</p>
  <p>— DogeVerse (@The_DogeVerse) April 17, 2024</p>
 </blockquote>
 <p></p>
 <p>The presale aims for a soft cap target of $8.8 million and a hard cap target exceeding $17 million. Consequently, investors are eager to participate early, especially considering the development team’s intention to launch the token on decentralized exchanges (DEXs) post-presale.</p>
 <p>Following DEX listings, the token is anticipated to transition to centralized exchanges (CEXs) as part of the project’s roadmap. Moreover, $DOGEVERSE incorporates a staking protocol enabling token holders to earn rewards by staking their tokens on Ethereum, with staking APYs currently at 159%.</p>
 <p>However, it’s worth noting that this figure may decrease as more tokens are staked. With the upcoming ‘Doge Day’ scheduled for April 20th, heightened anticipation surrounds this multi-chain meme project.</p>
 <p>For the latest updates on the Dogeverse presale, interested individuals are encouraged to follow their X account and join their Telegram channel. To take part in the $DOGEVERSE token presale visit thedogeverse.com.</p>
 <h3 id="related">Related</h3>
 <ul>
  <li>Most Trending Cryptocurrency on Base Chain Now – Based Shiba Inu, Mochi, Boshi</li>
  <li>Best Meme Coins To Buy Monday, April 16 –&nbsp; Fronk, Neko, DeFrogs, Dogeverse</li>
  <li>Austin Hilton Reviews The Newest Multi-Chain Meme Coin – Dogeverse</li>
  <li>Top Cryptocurrencies to Invest in Now April 11 –&nbsp; Ondo, Neo, Shiba Inu</li>
 </ul>
 <p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/will-shib-s-price-surge-after-the-bitcoin-halving-or-will-this-new-multi-chain-meme-coin-outperform-it-in-2024-tbt85671.html">https://thebittimes.com/will-shib-s-price-surge-after-the-bitcoin-halving-or-will-this-new-multi-chain-meme-coin-outperform-it-in-2024-tbt85671.html</a></p>
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Will $SHIB’s Price Surge After the Bitcoin Halving, or Will This New Multi-Chain Meme Coin Outperform It in 2024?

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