Posted 1/8/2024, 12:04:00 PM
SHIB Price Gains Still Possible But $1 Token Price Extremely Unlikely
- Shiba Inu very unlikely to reach $1 per token due to already massive market cap and token supply
- SHIB price could continue to rise in 2024 if crypto bull market continues, as it benefits from market momentum
- Lower interest rates and Federal Reserve pivoting to rate cuts could further boost speculative assets like SHIB
- Shibarium layer-2 solution and SHIB metaverse project have potential to drive adoption and price gains
- While more explosive growth for SHIB is unlikely, token could still climb significantly above current levels