Shiba Inu's dream of reaching a $1 price in 2024 has been deemed unrealistic by a crypto analyst. The analyst points out that despite new vibes and potential rally triggers, the current developments in the Shiba Inu ecosystem are not enough to generate the widespread adoption needed for such a price surge.
Citing a publication, the analyst emphasizes that none of the recent changes or advancements in Shiba Inu's ecosystem can create the necessary level of adoption for attaining this price target.
The possibility of Shiba Inu hitting $1 in 2024 is therefore viewed as far-fetched, given the present achievements and limitations within its ecosystem.
Source: coinedition.com ↗