Could Shiba Inu’s Price Surge Reach 17 Times Its Current Level?

Shiba Inu (SHIB) experienced early signs of strength in the market alongside Bitcoin’s surge above $88,000. While this momentum boosted other altcoins, SHIB’s price action remains stagnant, prompting analysts to predict a significant surge. With increasing DeFi activity and rising institutional interest, experts foresee a potential 17x rally from its current buy zone. However, the actual outcome depends on several factors, including maintaining lower trendline support and reclaiming resistance near the 0.618 Fibonacci level. If successful, SHIB could climb to $0.00021, marking a historic rally.