And I’ve been reviewing SHIB’s movement over these months and honestly wonder if we’re close to something similar to what happened in 2024. I remember that in March of that year, the token rose 462%, going from $0.000008 to nearly $0.000045. Now we’re again around that January 2024 level, so history could repeat itself.

What’s interesting is that several prediction platforms are playing with different scenarios. Changelly projects SHIB reaching $0.00000990 in March 2026, while Coincodex is more conservative with $0.000009598. But Telegaon dares to predict it could reach $0.0000543, surpassing the 2024 all-time high. Of course, that’s quite optimistic.

What has me attentive is that the token has already risen 14% since the start of the year, and there are several factors that could catalyze a stronger move. First, there’s a massive withdrawal of SHIB from exchanges to personal wallets, reducing selling pressure. Second, institutions like Grayscale are suggesting that Bitcoin will shift from a 4-year cycle to a 5-year cycle, which typically benefits altcoins. Third, there’s growing speculation about an independent ETF for Shiba Inu, even T. Rowe Price included SHIB in its ETP basket.

But not everything is rosy. The token’s ecosystem faces some internal challenges that could limit a sustained rally. The team has exhibited evasive behaviors and continues to focus more on other tokens within the project.

In any case, if conditions similar to those of 2024 return, the price predictions for that period suggest there’s potential. The market is watching for any catalyst that could trigger the next move.