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Factors for SHIB’s potential rise include mass adoption, token burning, and Shibarium’s advancements.The popular cryptocurrency trader using the X handle $SHIB KNIGHT thinks the price of Shiba Inu could soon head to an 8-month high of approximately $0.0003.
They based the forecast on the assumption that the memecoin’s current valuation has found the bottom, meaning an ascend is expected to happen soon.$SHIB KNIGHT is not the only X user to have envisioned a price rally for SHIB. Shibarium’s Marketing Strategist – LUCIE – argued last month that the asset could enter a bull run since it speaks for the “goodness” that eventually “prevails.” They also claimed that the memecoin is fully decentralized and “represents the people.
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