Shiba

Anonymous

Shiba Inu

Rise

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/trader-predicts-significant-rise-for-shiba-inu-coin/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Trader Predicts Significant Rise for Shiba Inu Coin</a><br></p>
<p style="text-align: justify">A well-known trader is recognized for making accurate <a href="https://en.coin-turk.com/arbitrum-network-to-release-92-65-million-arb-tokens/" data-wpel-link="internal" rel="noopener noreferrer nofollow">altcoin</a> predictions at the right time and has indicated that <a href="https://en.coin-turk.com/shiba-inu-experiences-significant-increase-in-daily-burn-rate/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Shiba</a> Inu (SHIB), a competitor to Dogecoin (DOGE), stands on the verge of a significant parabolic rise.</p>
<h2 id="anticipated-increase-for-shib">Anticipated Increase for SHIB</h2>
<p style="text-align: justify">Anonymous analyst Bluntz announced on the social media platform X that SHIBA Coin is preparing for a vertical increase. Bluntz shared a chart suggesting that SHIB’s price could replicate its movements from early 2024.</p>
<p style="text-align: justify">He stated that while SHIB is in a strong upward trend, it has not yet experienced a parabolic breakout. According to Bluntz, the SHIB/BTC pair is showing accumulation at a low level, indicating that SHIB could rise rapidly. He also shared positive expectations for the Solana -based <a href="https://en.coin-turk.com/grafun-launches-memecoin-platform-with-major-support/" data-wpel-link="internal" rel="noopener noreferrer nofollow">memecoin</a> called dogwifhat (WIF).</p>
<h2 id="trader-s-predictions-and-analysis">Trader’s Predictions and Analysis</h2>
<p style="text-align: justify">Bluntz claims that WIF is in the early stages of a five-wave upward trend and could reach double-digit values. He said, “$10 for WIF Coin is inevitable.”</p>
<p style="text-align: justify">Bluntz applies the Elliott Wave Theory, which posits that an ascending asset will experience a five-wave increase before completing an impulsive upward movement. He predicts that WIF could rise to $12.</p>
<p style="text-align: justify">Currently, SHIB trades at $0.0000266, while WIF is valued at $2.81. Bluntz’s analyses indicate that both memecoins hold significant potential for substantial gains.</p>
<p>The post <a href="https://en.coin-turk.com/trader-predicts-significant-rise-for-shiba-inu-coin/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Trader Predicts Significant Rise for Shiba Inu Coin</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

Trader Predicts Significant Rise for Shiba Inu Coin

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