{"id":508329,"date":"2024-04-18T08:37:23","date_gmt":"2024-04-18T08:37:23","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=508329"},"modified":"2024-04-18T08:37:23","modified_gmt":"2024-04-18T08:37:23","slug":"will-shibs-price-surge-after-the-bitcoin-halving-or-will-this-new-multi-chain-meme-coin-outperform-it-in-2024","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/will-shibs-price-surge-after-the-bitcoin-halving-or-will-this-new-multi-chain-meme-coin-outperform-it-in-2024","title":{"rendered":"Will $SHIB’s Price Surge After the Bitcoin Halving, or Will This New Multi-Chain Meme Coin Outperform It in 2024?"},"content":{"rendered":"

Shiba Inu remains under pressure in the market, particularly as Bitcoin’s price<\/a> fell below $62,000 in anticipation of its halving event. This overall market slump is maintaining downward pressure on cryptocurrency prices.<\/p>\n

Nevertheless, 75% of Shiba Inu token holders have maintained their investments for more than a year, demonstrating a robust confidence in the token’s potential for long-term growth. Although $SHIB has surged 88% over the past year, it is still 75% below its historical peak.<\/p>\n

$SHIB Price Prediction<\/h2>\n

As of this writing, the price of Shiba Inu stands at $0.0000219, with a trading volume over the last 24 hours reaching $553.95 million and a market capitalization of $12.9 billion. The price of $SHIB has seen a decrease of 2.39% during the past day.<\/p>\n