Renowned crypto educator, Rafaela Rigo, has singled out Shiba Inu as a lucrative coin to invest in during the current bullish market. In a recent update on X, Rigo highlighted 15 different crypto assets that she believes have the potential to generate substantial profits for investors. The list included a mix of emerging projects and established players such as Dogecoin (DOGE), SHIB, Hedera (HBAR), and Near Protocol.
Rigo specifically emphasized the money-making potential of Shiba Inu, stating that the tokens are currently at crucial support levels where accumulation is recommended. She expressed confidence that Shiba Inu, along with the other assets mentioned, could reach a peak by February 25th.
The crypto community widely shares Rigo’s optimism regarding Shiba Inu’s profit potential. Many market watchers have advised retail investors to take advantage of the coin’s current low price, anticipating a resurgence in its value based on past performance.
Despite experiencing multiple price corrections since reaching its yearly peak of $0.000045 in March, investors who bought Shiba Inu when it had five leading zeros back in February continue to enjoy significant profits. While the community eagerly awaits a price rebound, the performance of Bitcoin has somewhat delayed the process.
Although Rigo did not provide a specific price target for Shiba Inu by February 2025 in her recent call to buy SHIB, she did post a chart suggesting a near-term surge that could elevate the coin to $0.00004988. This indicates a more ambitious threshold for Shiba Inu in the near future, with those accumulating SHIB now likely to profit in the coming weeks.
Analyst SHIB Knight echoed a similar sentiment, noting that Shiba Inu is currently in a buying zone based on weekly candle patterns. While SHIB was trading at $0.00002307 at the time, he acknowledged the possibility of a further dip, which has since occurred.
As of the last 24 hours, Shiba Inu’s price has dropped to $0.00002101, with a slight recovery of 0.15% at press time. SHIB Knight’s analysis chart even hinted at a potential drop to $0.00001859, which could impact current holders who bought at higher prices. However, market watchers believe that purchasing at the projected bottom values would be a wise decision in the long run.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The opinions expressed are solely those of the author and do not reflect the views of The Crypto Basic. Readers are advised to conduct thorough research before making any investment decisions, as The Crypto Basic holds no responsibility for any financial losses incurred.