Shiba Inu Set For Takeoff? Analyst Predicts 10-Fold Surge To Yearly Peak

Shiba Inu (SHIB), the popular memecoin, is back in the news after a crypto expert issued a bold projection predicting a tenfold growth in its market capitalization.

Zach Humphries outlined certain hopeful variables that might propel SHIB to a market capitalization of $100 billion, bringing its price to $0.000171—a whopping 890% increase over present levels.

Humphries, who has built a reputation for his memecoin market observations, feels SHIB’s surge is a real possibility, despite its present low price.

In his most recent research, Humphries focuses on the factors that he believes are SHIB’s most fundamental assets. Among these are its brand strength, loyal community, and the potential return of retail investors who may be willing to take another risk in the memecoin space.

If $SHIB does a 10x from current price levels, we will see the asset hit over a $100B market cap.

Here’s why it can happen