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Shiba Inu (SHIB) Will Rally Above $0.001 In Upcoming Bull Run – Investor

Shiba Inu (SHIB) Will Rally Above $0.001 In Upcoming Bull Run – Investor

CoineditionCoinedition2024/04/19 11:49
By:Ikemefula Aruogu
  • Armando Pantoja has predicted a target above $0.001 for SHIB.
  • Pantoja predicts Bitcoin to trade between $100,000 and $250,000 in the upcoming bull cycle.
  • The investor also thinks Ethereum will trade between $10,000 and $15,000 in the upcoming bull cycle.

Armando Pantoja, a famous cryptocurrency investor on X, has predicted a target above $0.001 for SHIB, the Shiba Inu ecosystem native token. In a recent post, Pantoja highlighted several cryptocurrencies he expects to rally, predicting the price range he expects each to reach.

My #crypto targets for next 12-18 months: $BTC : $100k-$250k $ETH : $10k-$15k $XRP : $3-$6 $SHIB : $0.001+ $DOGE : $1 $SOL : $500-$1000 $AVAX : $100+ $ICP : $100+ $INJ : $100-$200 $PRO : $10-$20

— Armando Pantoja (@_TallGuyTycoon) April 16, 2024

Pantoja’s list contained Bitcoin, the flagship cryptocurrency that has achieved a new all-time high (ATH) even before the next halving event. The renowned investor predicts Bitcoin to trade between $100,000 and $250,000 in the upcoming bull cycle. 

Meanwhile, Bitcoin showed significant bullish sentiment following the Securities and Exchange Commission’s (SEC) approval of a spot Bitcoin ETF in January. BTC posted a strong rally that pushed its price to a new ATH of $73,794 before going into consolidation. Many users believe the pioneer cryptocurrency will resume its upward movement after the Bitcoin halving.

Besides SHIB and Bitcoin, Pantoja cited other top cryptocurrencies that he expects to push higher during the next bull cycle. He thinks the flagship altcoin, Ethereum, will climb above $10,000 for the first time. According to the investor, Ethereum will trade between $10,000 and $15,000 in the upcoming bull cycle.

Pantoja believes Ethereum’s rally will pull other altcoins along, with XRP breaking its shackles and rallying above $3. For Pantoja, $3 will represent the lower range for XRP in the upcoming bull run, as the embattled crypto token could climb to $6 at the peak of its rally.

The renowned investor predicted that DOGE will rally to $1, SOL will climb above $500, possibly reaching $1,000, and AVAX will climb above $100. He also predicted that ICP would push above $100, INJ would trade between $100 and $200, and PRO would trade between $10 to $20. 

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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