However, constrained by the sideways trend, the average price might settle at $0.00001402. On the downside, the lack of stimulating events could aggravate its ebbing stance, resulting in the price dropping to $0.00001150. As a result, the meme coin could escalate to a maximum of $0.00001688 by the end of the quarter. Shiba Inu could make it big if it witnesses notable adoptions and big-name collaborations. The price of SHIB at the time of publication is $0.00001228. The meme coin is presently down by over 50% since the start of the second quarter.
The second quarter has been heart-wrenching for the crypto space, and the canine coin has borne the brunt to a greater extent. However, the tension in the business has led to the quarter’s closure at $0.0000277. After a brief consolidation period, SHIB spiked to $0.00003526 on February 8th. While the dog coin did pose a v-shaped recovery to $0.00003253, the rise was short-lived as the price took a plunge leading to bottoms at $0.00001745 on January 22nd. However, in about 10-days, SHIB took a dip to its crucial support at $0.00002653.
The meme coin made its way to 2022 in a similar trend, with a price tag of $0.00003448. SHIB’s price has been on a slide since its ATH, which was achieved in the fourth quarter of 2021. Shiba Inu (SHIB) Price Prediction For 2022 Potential Low Wondering if SHIB will ever reach $1? Buckle up, as we take you on a drive-through of the price forecast of SHIB for 2022 and beyond. The major one being its metaverse “Shiberse”, wherefore the business is dwelling on wild conjectures, over SHIB price prediction.
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