Shiba Inu’s $1 Valuation Challenged: Why Reaching That Price is Unrealistic

The idea of Shiba Inu (SHIB) hitting a $1 valuation has sparked much debate in the cryptocurrency world. While many investors speculate on this potential, a leading analyst on TradingView offers a detailed examination that challenges this assumption. Using market data and technical analysis, the analyst explores why such a price target is unlikely and outlines key factors influencing SHIB’s future performance.