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Crypto analyst Armando Pantoja has made headlines with his ambitious price target for Shiba Inu (SHIB), predicting that SHIB coin could surge by 5,000% to $0.001 following the upcoming Bitcoin Halving. This prediction has garnered significant attention, considering SHIB's current price level and its impressive 46,000,000% price increase during the 2021 bull run.
While Pantoja's prediction is bold, other analysts have also shared their insights on SHIB's potential trajectory. Ali Martinez, for instance, previously predicted that the meme coin could reach as high as $0.011, though no specific timeline was provided. Xanrox, another crypto analyst, suggested that SHIB could see a 300% gain by the end of the year and potentially reach a new all-time high of $0.00008854. Javon Marks predicted a potential high of $0.0001553 during the current market cycle.
However, not all analysts share such optimistic views. Altcoin Sherpa cautioned investors against expecting returns similar to those seen in the previous bull run, stating that a 20 times return on investment is unlikely for SHIB investors.
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