Shiba Inu Marketing Manager Lucie is optimistic about the future of the crypto market, predicting that altcoins like SHIB will observe new historic moments.
Bitcoin stole the spotlight during the latest crypto market rally, hitting a new all-time high (ATH) of $109,114 on January 20, 2025.
Altcoin season has not happened yet
Although the prices of various altcoins like XRP (XRP) reached After hitting highs during the rally, Shiba Inu’s marketing head still believes the market has yet to see an altcoin season.
An alt season occurs when the prices of several altcoins skyrocket, outpacing the growth rate of Bitcoin. This phase usually comes after Bitcoin experiences a boom, as investors tend to allocate part of their BTC gains to other alternative cryptocurrencies, pushing their prices to unprecedented levels.
In a tweet yesterday, Lucie said she was optimistic because she believed the highly anticipated alternate season hadn’t happened yet. This reflects its confidence in the potential for altcoins like Shiba Inu to see substantial gains in the future.
Chronology of the historical moment
The marketing manager note that the next four years will be interesting, which suggests significant developments during this period. Lucie suggested that investors could witness another historic moment in the next four years.
Although she did not provide details, the context of her tweet indicates that altcoins like Shiba Inu could see significant price increases during the upcoming alt season.
SHIB historic rally
One of the biggest alternative seasons took place during the 2020/2021 market cycle. Interestingly, Shiba Inu, released during this period, emerged among the biggest gainers.
Its price enriched by over 153 million percent from its initial launch price of $0.000000000056 on August 1, 2020 to an all-time high (ATH) of $0.00008616 on October 28, 2021.
It is worth mentioning that this increase was driven by several notable events, including the listing of SHIB on Tier 1 exchanges and the burning of 410 trillion tokens by Ethereum co-founder Vitalik Buterin.
Nonetheless, this record is a major part of Shiba Inu history. Several investors expect SHIB to replicate this performance in the 2024/2025 alternate season.
While many market observers expect the 2024/2025 bull season to be the biggest due to the creation of a pro-crypto administration in the United States, altcoins are yet to see any gains substantial prices.
Experts Set Ambitious Goals for Shiba Inu During Alternate Season
However, crypto analysts remain optimistic about the upcoming altcoin season, with some setting ambitious price targets for SHIB.
Alan Santana, Market Observer wait Shiba Inu will reach a new ATH of $0.00023179 this season, an increase of 1,057% from the current price of $0.00002002.
Plus, renowned cryptography expert Davie Satoshi predicted that Shiba Inu could surpass Santana’s target to a new ATH of $0.0006753 this year. Compared to current levels, an increase towards this goal represents an increase of 3,273%.
Furthermore, analyst Armando Pantoja together an ambitious price target of $0.001 for Shiba Inu, representing an upside of 4,895% from the current price. The market commentator expects this prediction to come true before the end of this year.
While these projections seem enticing, Shiba Inu would need more than one alternate season to bring its price to these targets. Factors such as mass adoption, increased burns, and growing utilities could make these projections a reality.
Meanwhile, Shiba Inu is trading at $0.00002002, down 2.16% in the last 24 hours and 8.51% over the past week. This drop aligns with the performance of top assets like Bitcoin and Ethereum, which also lost a substantial portion of their value over the past day.
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