Shiba Inu (SHIB) Price Analysis

The price of Shiba Inu (SHIB) continues to remain in a bear market this week, reflecting similar trends seen in other cryptocurrencies.

It has experienced a significant decline, losing 62% of its value since the highs reached in November. This drop has positioned SHIB as a potential bargain coin with considerable upside potential.

One market analyst is optimistic, suggesting that the SHIB price could ultimately surge by 17x from its current level.