Crypto analyst Armando Pantoja recently outlined his price targets for several crypto tokens after the fast-approaching Bitcoin Halving. Although he included price targets for Bitcoin and Ethereum, his ambitious price target for Shiba Inu (SHIB) was what caught the attention of the crypto community.
Shiba Inu To Hit $0.001 After The Halving
Pantoja predicted in an X (formerly Twitter) post that Shiba Inu could rise to $0.001 after the Bitcoin Halving occurs later this month. As expected, this price prediction has raised eyebrows, considering SHIB’s current price level. Moreover, a rise to $0.001 represents a 5,000% gain for the meme coin, which already looked to have used up its bullish momentum in the 2021 bull run when it recorded a price increase of 46,000,000%.
Interestingly, Pantoja’s prediction isn’t the most bullish price prediction made for Shiba Inu so far. Crypto analyst Ali Martinez previously predicted that the meme coin could rise to as high as $0.011,
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