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What can be concluded by observing the data from Shibburn (the platform monitoring SHIB’s burn activities) is that there has been a significant increase in the burn rate recently. Millions of $SHIB tokens have been permanently removed from circulation, and users are now hoping that Shiba Inu ($SHIB) will experience continuous value growth.
The recent price upward trend witnessed by $SHIB, crypto users hope, could bring a new bullish cycle for this meme coin. Will the upward trend for this meme coin indeed continue, or will some other meme coins like Smog Token ($SMOG), Sponge Token V2 ($SPONGEV2), and Scotty the AI ($SCOTTY) outshine the $SHIB surge? We can conclude by looking at the Shiba Inu ($SHIB) price prediction for 2024.
Shiba Inu ($SHIB) Price Prediction 2024
Considering that the Shiba Inu ($SHIB) burn rate recently exploded, the question arises whether the explosive growth of the value of this meme coin will follow. Will this meme coin manage to move from the value of $0.000009552 soon? It is a question that has become frequent among crypto investors these days. So, let’s see what is predicted for this meme coin by the end of this year.
| MONTH | MINIMUM PRICE | MAXIMUM PRICE |
|---|---|---|
| March | $0.00000842 | $0.0000107 |
| April | $0.00000876 | $0.0000105 |
| May | $0.00000889 | $0.00000987 |
| June | $0.00000882 | $0.0000104 |
| July | $0.00000940 | $0.0000104 |
| August | $0.00000834 | $0.0000101 |
| September | $0.00000804 | $0.00000960 |
| October | $0.00000815 | $0.00000906 |
| November | $0.00000799 | $0.00000904 |
| December | $0.00000830 | $0.00000900 |
As you can see, there is little chance that Shiba Inu ($SHIB) will manage to achieve impressive value growth during 2024. According to predictions, $SHIB will peak this year during the summer, but some other meme coins will still manage to outshine the $SHIB surge.
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Smog Token ($SMOG) is one of the high-potential meme coins that could outshine the $SHIB surge!
One of the young, high-potential meme coins that could outshine the $SHIB surge and achieve impressive results in the coming period is the increasingly popular Smog Token ($SMOG). From the very start, This new 100x potential Solana meme coin has attracted users because it offers participation in “the greatest Solana airdrop of all time,” offering the opportunity to win extraordinary prizes.
The basic “requirement” for participating in this airdrop is buying and staking the native $SMOG token. Investors are still allowed to increase their chances of success by completing daily tasks and thus collecting additional points.
Thanks to the extremely positive predictions of crypto experts, $SMOG managed to form a strong fan base and can already boast, with almost 30k followers on the X social network alone. Crypto users are aware that $SMOG will become the “one meme coin to rule them all,” so it might be wise to invest in this high-potential coin before it reaches its maximum!
Sponge Token V2 ($SPONGEV2) is a new meme coin set for better results than $SHIB in 2024!
Another new meme coin set for better results than $SHIB in 2024 is the “younger brother” of one of last year’s winners of the meme coin scene. It is an improved version of the well-known $SPONGE token, which in 2023 brought massive profits to the earliest investors.
There is every chance this new version, i.e,. Sponge Token V2 ($SPONGEV2), will achieve the same, if not even better, results. The hope for the future success of the $SPONGEV2 token is based on the fact that this new version offers something new: a fantastic P2E game and new opportunities to win prizes, that is, unlike its predecessor, but also many other meme coins, it provides real utility!
$SPONGEV2 is a coin that is perceived as “a second chance for all those who missed the 100x pump”, and it is definitely an incomparably better option than Shiba Inu ($SHIB).
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Scotty the AI ($SCOTTY) could also outperform $SHIB this year!
Considering the growing interest of users in cryptocurrencies based on artificial intelligence, it was a matter of time before that kind of meme coin would appear. In that sense, the AI meme coin that could outperform $SHIB and many other meme coins this year is the young Scotty the AI ($SCOTTY).
$SCOTTY is set for exceptional growth in value during 2024 because there is a noticeably high interest from users during the presale. It seems that users want to invest in $SCOTTY immediately because this meme coin could witness an increase in value in the coming months and because it allows users to use extremely useful applications.
Having the $SCOTTY token will allow you to use “ScottyChat” which will improve your entire crypto experience, but also “Scotty Swap”, with which you will experience fast and safe token swapping. Now is an ideal opportunity to invest in this coin because the price is a modest $0.00555.
Conclusion
Although Shiba Inu ($SHIB) has been “behaving” quite well in February and succeeded in recording a noticeable increase in value, predictions suggest that this meme coin will not see a significant explosion in value, at least not during 2024. However, some other meme coins will reach their maximum in 2024 and probably surpass the well-known Shiba Inu ($SHIB).
Smog Token ($SMOG), Sponge Token V2 ($SPONGEV2), and Scotty the AI ($SCOTTY) show chances to outshine the $SHIB surge, so the growing interest of users in these three young coins is not at all surprising. If you want to get the most out of it and use all the benefits these high-potential meme coins bring, invest in them immediately while they can still be grabbed at such a good price!
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Sam Chess is an utterly focused person looking for the minute details having potential to make a big difference. He is a writer and proofreader with a zeal to understand the cryptocurrency market. Additionally, he can be found trying to figure out the biggest mystery in the industry, Satoshi Nakamoto.
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