Shiba Inu Price Prediction – Will SHIB Reach $0.1 As Markets Ramp Up?

Bitcoin's recent price movements above $65,000 have sparked a bullish rally across crypto markets, and BTC's gains were quickly followed by hundreds of altcoins, including popular meme platforms like Shiba Inu. SHIB tokens gained over 220% throughout March but entered a correction phase in early April. 

The token is still 21% above its price a month ago, and most analysts expect another surge following the Bitcoin Halving event on April 20. However, while Shiba Inu does show potential, upcoming memes such as Dogecoin20 and Slothana will likely become the highest-gaining meme coins this month.

Can Shiba Inu Reach 10 Cent in April?

If we look at Shiba Inu's price movements in the past month, we see that it's entered a period of increased volatility with noticeable peaks and price retracements. As mentioned above, the incoming Bitcoin halving event will likely trigger a bullish market, and SHIB token holders are expected to get increased returns throughout 2024.

The price increase could see SHIB tokens reach new all-time highs, but according to expert analysts, the price won't surpass $0.00104 anytime soon. However, in an unlikely case where all things come together perfectly, Shiba Inu could keep growing in 2025 as well, potentially reaching $0.01. 

The target of $0.1 would require a 10x increase from a level that's already incredibly hard to reach, so that outcome is likely impossible. Shiba Inu will only reach those numbers if it burns a significant portion of its tokens, gets extremely high utility, and attracts billions of dollars in capital quickly.

Therefore, it's safe to say that without those details, Shiba Inu could get 10x returns in the next few years. It is still among the most traded meme coins on the market, but with so many new releases with much better utility and tokenomics, it is bound to lose its place among the highest-traded meme coins in the next few years. 

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Emerging Memes With 100x Potential Following Bitcoin Halving

Bitcoin halving events occur every four years, dividing the amount of BTC miners can earn by 50%. The upcoming halving will take place on April 20, also known as Dogecoin Day, a special date for meme coin markets. Dogecoin Day is usually followed by bullish meme coin markets, but this year, it is expected to outgrow all expectations.

Moreover, a few emerging meme coin platforms will launch on Dogecoin Day, and they are the most likely candidates to make the highest gains in the next few months. That's why their presales are breaking all records, and traders expect 100x gains immediately after launch. Of course, we are talking about the two most popular meme coin presales in the past few weeks – Dogecoin 20 and Slothana. So, let's see what these platforms are about from up close.

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Dogecoin 20 – New Dogecoin-Inspired Meme Coin Raised Over $10 Million In Presale

The so-called derivative tokens have been extremely popular in the past year. These projects are inspired by existing coins, and they capitalize by copying established platforms with the addition of new features and better utility. The original Dogecoin inspired Dogecoin 20, but unlike its predecessor, which has no real-world utility, the latest version offers high staking returns and superior sustainability.

Dogecoin 20 and its DOGE20 token are built on the Ethereum blockchain and offer high passive rewards through a Stake-to-Earn mechanism. The project has 140 billion tokens, but only 25% were available during the presale event. Another 15% will be distributed through staking over the next two years, giving traders an excellent reason to hold on to their DOGE20 coins for longer periods. 

The refreshed version of the original DOGE has sparked a massive interest among investors, resulting in a hugely successful presale that raised over $10 million in less than a month. However, as the interest kept growing despite the presale hitting the hard cap, the developers decided to extend the event by diverting a portion of the tokens reserved for marketing efforts, allowing new investors to join the community. 

Therefore, the official Dogecoin 20 presale has been extended, so you still have a chance to get DOGE20 for $0.00022 a piece. However, the platform is only two weeks from its first listing, so you have to hurry up and invest if you want to earn 100x returns by the end of April 2024. 

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Slothana – New Meme Coin to Ride The Solana-Based Meme Wave

Slothana is the newest Solana-based meme coin, and it has attracted the attention of thousands of investors in the past week. It entered presale following the success of other SOL-based memes in the past couple of months and is already positioning itself as one of the projects with the highest return potential after the Bitcoin halving event.

The platform is based on a lazy 4/20-loving sloth who is sick of working a 9-to-5 job and smoking up all day long. He decided to enter the crypto markets and reach a symbolic market cap of $420 million. The official Slothana presale event went live about a week ago, and it has already raised over $6 million. 

$SLOTH tokens are selling like wildfire, especially after the community learned that they were designed by the same team that released another hugely successful Solana-based meme coin, SMOG. The presale has a fixed price of 10,000 $SLOTH for 1 $SOL token, ensuring that all early investors have fair chances of earning high returns. 

Slothana will also go live on Dogecoin Day, which makes it one of the most anticipated new meme coins in April 2024. It is expected to explode as soon as it goes live, resulting in up to 100x returns for all early investors, just like Dogecoin 20. 

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Wrapping Up 

The meme coin craze is almost upon us, and most memes are expected to keep growing in the next few months. However, despite having a positive outlook, Shiba Inu is nowhere near its goal of $0.1 and won't be able to reach it for another few years. SHIB tokens will gain value, but their potential can't compare with the predicted growth for new meme coins like Dogecoin 20 and Slothana.

Therefore, if you're looking for the best meme coin to invest in before the next Bitcoin halving event, $DOGE20 and $SLOTH should be on your priority list. Both coins will go live right after the halving event, which could result in 100x gains for all early investors.