Lucie, the Marketing Manager of Shiba Inu (SHIB), predicts that a new altcoin season is about to begin. She expects not only SHIB, but also other altcoins, to show significant increases.
Despite the growing interest in crypto, Lucie notes that there is a lot of FUD (Fear, Uncertainty, and Doubt) being spread in the market. She encourages crypto investors to think big, citing the previous bull market where many projects saw huge increases.
Lucie made these statements in response to a recent promotional video from asset manager BlackRock about their iShares Ethereum Trust ETF (ETHA). BlackRock was one of eight companies that received approval from the US Securities and Exchange Commission (SEC) to launch a spot market-based ETF for Ethereum.
SHIB price predictions
During the altcoin season of 2020 and 2021, Shiba Inu saw a huge rise. Early investors were able to become millionaires with just small investments of a few euros. Thanks to this performance, the memecoin was one of the best performing altcoins of the previous cycle.
While a similar surge at its current market cap is unlikely, the memecoin is still expected to make big gains. Shiba Inu is currently trading almost 80% below its all-time high (ATH), which was reached in October 2021, which still offers room for growth.
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Source: https://newsbit.nl/shiba-inu-team-voorspelt-naderend-altcoin-seizoen/
