Analyst Explains Shiba Inu’s Potential for a Significant Price Upswing to $0.010 Following the Burn of 10 Billion SHIB Tokens in January

Following the January burn of 10 billion SHIB tokens, an analyst elaborates on why Shiba Inu is poised for a substantial price upswing to $0.010.

The analyst added, “Keep an eye out, as SHIB could climb to $0.010 or potentially even reach $0.011.”

If this forecast materializes, Shiba Inu could potentially undergo a price surge exceeding 111,000%, considering the cryptocurrency’s current value of $0.000009 as per CoinGecko data. Martinez highlights the TD Sequential indicator’s remarkable accuracy in projecting Shiba Inu’s price trends, indicating the potential for significant movements in both the short and long term as the meme coin sustains its notable burn rate.

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