Shiba Inu Team Sparks Frenzy With Bold 1,000% SHIB Price Forecast

  • Shiba Inu might shed one zero, per a prediction from marketing lead LUCIE.
  • The memecoin has a number of positive fundamentals that can drive its rally.

Shiba Inu’s marketing lead, Lucie, has shocked the crypto community with a recent bold prediction. In the update, she publicly announced that SHIB could soar by 1,000% in just three days.

Lucie Predicts Massive SHIB Rally

On May 8, Lucie, who leads Shiba Inu’s marketing efforts, posted the prediction on her X account. She said SHIB could jump tenfold by May 11. At the time of her post, the coin was trading at about $0.00001346.

If her estimate proves accurate, SHIB could rise to around $0.00014806 within 72 hours. That increase would push its market value to about $87.24 billion, compared to the current market cap of roughly $7.93 billion. In a recent update we covered, an analyst identified as Javon Marks predicted that SHIB is on the verge of continuing its bullish momentum and extending its gains by 500%.

Notably, Lucie seemed confident in her statement. The marketing lead, humorously, said that she had already shared the forecast with her cat and her boss. She joked that if the prediction came true, she would be too busy celebrating to respond to anyone. Even so, her post started getting attention not long after she shared it. Some people seemed excited, while others were curious about what might happen.

It is worth noting that this is not the first time Lucie has talked about a big price jump for SHIB. In 2024, she also said the coin could rise by 1,000% in just a few days. She believed the project’s ecosystem was strong enough to support such a move. Still, she clarified to the crypto community that she was only sharing her opinion and not giving financial advice.

SHIB Price Movement After Forecast

Following the price prediction, SHIB started to see a surge in its market value. It increased by over 9% within a day and reached about $0.00001463. That is still far from the $0.00014806 target she mentioned, but the price movement got people’s attention.

It is important to add that several broader market events helped push prices. A possible trade agreement between the United States and the United Kingdom, and the U.S. Federal Reserve holding interest rates steady at 4.25%- 4.5%, added to investor optimism. 

Meanwhile, the largest cryptocurrency, Bitcoin, broke through the $100,000 mark, boosting the entire crypto market. The total market value of all cryptocurrencies rose by 5.6%, hitting $3.23 trillion.

Though Lucie’s goal for SHIB remains ambitious, she has even greater hopes for the token. She acknowledged that this would not happen overnight, but believes it is possible. In a playful exchange, she even asked ChatGPT whether SHIB could rise to $1 and received a positive response.

Meanwhile, as highlighted in our previous article, Shiba Inu has introduced SHIB Pay, a crypto payments service that might change how people transact. The system operates entirely on-chain, requires no permission to use, and most importantly, allows users to keep complete control of their funds.

Source: https://www.crypto-news-flash.com/shiba-inu-team-sparks-frenzy/?utm_source=rss&utm_medium=rss&utm_campaign=shiba-inu-team-sparks-frenzy