🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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Shiba Inu's Q1 2025 Roadmap - What Can SHIB Holders Expect from Memecoin?
Shiba Inu[SHIB][BTC]has the potential to rise strongly in the next 6-9 months and could potentially extend based on Bitcoin's price increase. In the previous two cycles, the focus of the cryptocurrency field started with Bitcoin, but it soon shifted to altcoins. Can Shiba Inu catch up with Dogecoin?
Dogecoin[DOGE] , at the time of the press release, it had an impressive market capitalization of $65 billion, ranking 7th on the CoinMarketCap leaderboard. Its market capitalization had risen from $500 million in December 2020 to $84 billion just six months later. This nearly 200-fold increase in price has inspired many new memecoins, including Shiba Inu. Currently, there are hundreds of memecoins competing. Even with more capital in the market, SHIB may have difficulty keeping up with DOGE's growth rate. As usual, the top dogs always attract the attention and money of the public. DOGE, SHIB, and Pepe[PEPE]They may be the best-performing dogs this time. Price prediction for 2025
In the coming weeks, the most conservative target for SHIB is $0.0000045 and the all-time high is $0.000086. The latter needs to increase by 185% before it can be tested. This could be a cautious target. When memecoins rise in price, they tend to be strong but short-term. SHIB had one such instance in the second half of 2021 - It rose 1,639% in 50 days.
The first half of 2025 is likely to see a strong price increase, and the all-time high could be challenged in the next 3-4 months. In fact, Santiment's data shows that at the time of the news report, network activity is much lower than the level of the fourth quarter of 2021. However, activity has started to recover in recent weeks. Daily active addresses remain high, but the network's growth rate is unstable. The MVRV ratio is also only at 39.25%, compared to 330% in October 2021. Whether the price can multiply after setting a new ATH will depend on the influence of Bitcoin. At present, the possibility of Shiba Inu's market capitalization reaching $80 billion in 2025 cannot be ruled out. DYOR! #Write2Win #Write&Earn $SHIB {spot}(SHIBUSDT)