Shiba Inu Price Prediction: Will SHIB Break All-Time Highs in the Coming Bull Run?

November 26, 2024
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4 min read

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

Shiba Inu, the second-largest meme coin, has been on an impressive run recently, showing bullish signals that could carry well into 2025.

Over the past year, it’s soared by more than 216%, according to CoinGecko, proving it’s got serious staying power and promising predictions.

At the same time, the global crypto market has hit a staggering $3.33 trillion, drawing more attention to decentralized finance and projects with real-world utility.

That’s where PlutoChain ($PLUTO) comes in. With its hybrid Layer-2 structure, it’s shaping up to be a potential game-changer for Bitcoin’s network – offering new possibilities in a market hungry for innovation.

Let’s check out the details.

Shiba Inu Could Reach a New All-Time High With This Surging Market – Could This Be The Breakthrough That PlutoChain Needs?

Shiba Inu has long been one of the standout projects in the crypto market, proving that even a meme coin can evolve into something much more significant.

AD 4nXdicGI HwgJogTuusLhT2wIxrjO2qmii1xncjt9U9Jz2ndZZ2g0A5ZeFB9iXh8bWqjRBAEIJwXYH6Aj1b7v1 031e309Rg5A lZ0FPl6w1dg1 L 7A83t4gapmCKfJ1PCurrently trading at $0.00002575 with an impressive daily volume of $3.69 billion, a 129% increase, it’s evident that SHIB is still a major player in the space.

Though it has been over three years since its all-time high of $0.00008616, this current supercycle could be the catalyst SHIB needs to push past its previous record.

Crypto expert Javon Marks has predicted that Shiba Inu could achieve a new ATH by 2025, driven by its current bullish momentum and increasing market attention.

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What makes this prediction particularly plausible is SHIB’s strong and dedicated community, which has consistently supported its growth.

With the launch of the Shibarium Layer-2 project, it has positioned itself for even greater adoption and utility.

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Lead developer Shytoshi Kusama’s recent comments underline the team’s commitment to expanding this ecosystem, hinting at significant developments in the near future.

As Shiba Inu solidifies its position, the Layer-2 market continues to grow, with projects like PlutoChain ($PLUTO) emerging to potentially revolutionize blockchain capabilities.

With its focus on upgrading Bitcoin’s ecosystem, this project could be worth taking a look at.

PlutoChain ($PLUTO) Could Revolutionize Bitcoin’s Network With Its Hybrid Layer-2 Solution – Smart Contracts Finally Arrive on the World’s Leading Blockchain

PlutoChain ($PLUTO) is an exciting new project with long-term potential, driven by groundbreaking innovations that could redefine how Bitcoin is used.

As a hybrid Layer-2 solution, it brings smart contract functionality to Bitcoin’s blockchain, a game-changing move for the world’s leading cryptocurrency.

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With PlutoChain, users can create decentralized applications (dApps), NFTs, AI projects, and even meme coins directly on Bitcoin’s network.

This not only expands Bitcoin’s utility but also enhances its appeal to developers seeking a robust and secure blockchain for their creations.

Adding to its appeal is Ethereum Virtual Machine (EVM) compatibility, enabling developers to easily port their Ethereum-based DeFi projects onto Bitcoin.

These advancements may position Bitcoin to compete directly with Ethereum and Solana in hosting diverse applications.

Additionally, this project addresses Bitcoin’s scalability challenges by lowering transaction costs and significantly increasing speed – making it an attractive option for enthusiasts looking for efficiency and reliability.

Where Security Meets Decentralization – A Project That Puts Power Back In The Hands Of the Community

This project goes beyond being just a utility – it stands as an innovative and reliable service built with high security at its core.

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To back this claim, the project underwent a comprehensive audit by SolidProof, a firm renowned for its stringent testing and unwavering standards.

In a market where trust is often in short supply, this project's dedication to security, transparency, and stability may be a standout option for those seeking reliability and peace of mind.

The core contributors have broken away from the traditional top-down approach, handing full control of the project’s direction to the community.

Every $PLUTO holder has a voice in shaping the project’s future, making it a fully decentralized initiative driven entirely by its users.

This unique model ensures that decisions align with the collective vision of its community, creating transparency and collaboration.

With a current valuation of $31.5 million, early adopters can join a project that could revolutionize how Bitcoin operates – bringing transformative changes to its ecosystem and expanding its capabilities like never before.

The Bottom Line 

The crypto market is thriving, with Shiba Inu’s resurgence highlighting the growing interest in innovative and community-driven projects.

As SHIB builds momentum toward a potential new all-time high, the Layer-2 market is gaining significant attention.

This shift is paving the way for potentially transformative projects like PlutoChain ($PLUTO), which could bring smart contract capabilities and scalability to Bitcoin’s network.

By expanding Bitcoin’s functionality and empowering its community through decentralized governance, this project could be the next step in blockchain evolution. 

Visit the links below to learn more about PlutoChain and its unique features:

Official Website: https://plutochain.io

X/Twitter Page: https://x.com/plutochain/ 

Telegram Channel: https://t.me/PlutoChainAnnouncements/ 

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article. All forward-looking statements include uncertainties and may not be revisited.

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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