Shiba Inu Potential to Spike 2,202% Following Solana’s Trajectory
Shiba Inu, the popular meme coin, could potentially see a massive spike of 2,202% to hit unprecedented levels if it follows the trajectory of Solana, according to predictions by VanEck. The correlation between Shiba Inu and Solana has been evident in recent market movements, with both assets experiencing similar price trends over the past month.
Analysts have projected that Solana could reach a price target of $3,211 by 2030, representing a 2,202% rally from its current price. If Shiba Inu were to follow a similar trajectory and experience a comparable increase, its value could spike to $0.0003901, marking a new all-time high.
While some market veterans may view these projections as extremely bullish, others, like CIFDAQ Blockchain Ecosystem chairman Himanshu Maradiya, believe that Shiba Inu could reach even greater heights. Maradiya predicts that SHIB could trade between $0.0001 and $0.0003 as early as next year.
It is important to note that this content is for informational purposes only and should not be considered financial advice. Readers are advised to conduct their own research before making any investment decisions.
