A veteran trader has shared a technical analysis of Shiba Inu (SHIB) detailing why the second-largest meme coin might never hit the $1. While rising to $1 may seem like an easy feat, considering the explosive growth potential of meme coins, the trader highlights factors like market capitalization, supply, and adoption as some of the barriers to Shiba Inu (SHIB) reaching a $1 target.
As the bull cycle rages on, the veteran trader’s scathing assessment of Shiba Inu (SHIB) clears the path for an emerging $0.042 AI token, WallitIQ (WLTQ). The WLTQ token is currently generating significant buzz, sparking widespread excitement among investors as its presale soars. As a result, the veteran trader urges investors to join WallitIQ’s ongoing presale today so as not to miss out on its projected gains.
What you'll learn 👉
The Shiba Inu $1 Dream: A Veteran Trader’s Skeptical View
Despite the recent gains in the bull market, meme coins like Shiba Inu (SHIB) couldn’t fully exploit the bullish trend because of its weak underlying fundamentals. This prompted a veteran trader to express extreme doubt about Shiba Inu (SHIB) ever hitting $1, citing its massive circulating supply of 589 trillion tokens as a major obstacle to achieving this feat.
If SHIB’s price rose to $1, its market capitalization would have to reach over $589 trillion. Achieving this market capitalization is virtually impossible, as it would surpass the total market cap of Bitcoin, making Shiba Inu (SHIB) the number one coin. Shiba Inu’s current trading price has plummeted over 75% from its all-time high in 2021, a staggering decline that underscores the coin’s extreme volatility and uncertain prospects.
The veteran trader believes that Shiba Inu (SHIB) could potentially reach $1 if a significant amount of tokens are burned to reduce the circulating supply. However, even with Shibarium’s token-burning mechanism, the trader still thinks it’s unlikely that SHIB will ever hit $1. Meanwhile, the unexpected endorsement of the AI token WallitIQ (WLTQ) by this veteran trader has given new hope to many Shiba Inu (SHIB) investors.
WallitIQ (WLTQ): The Emerging AI Token Set To Outshine Shiba Inu (SHIB) In 2025
WallitIQ (WLTQ) is emerging as a formidable contender in the 2025 bull market, threatening to outshine Shiba Inu (SHIB) with its innovative AI-driven approach. It’s revolutionary AI token has been endorsed by a seasoned veteran trader who revealed it to be investors’ next big thing that could deliver massive potential gains.
Understanding that most market investors are constantly in pursuit of profits, the veteran trader encourages investors to turn to WLTQ’s ongoing presale as a promising investment opportunity. With over $7 million already raised in its presale stages, the veteran trader’s perceived bullishness for the WLTQ token is fueling high demand in its current presale round.
In recent developments, WallitIQ (WLTQ) has taken a major leap forward with the launch of its innovative crypto wallet management app. This wallet app will unleash a torrent of excitement and optimism that’s poised to thrust the token presale to new heights. The mobile app will simplify crypto wallet management with simulated ETH and USDT transactions. It will also offer QR code payments and effortless transfers to external addresses.
Through WallitIQ’s MVP app, its native token will serve as a means of payment for simulated transactions and also provide exclusive benefits for users, including advanced trading analytics and staking rewards of up to 180% APY. By design, this MVP lays the groundwork for a scalable framework to readily accommodate future feature additions and advanced security measures like AES and ECC encryption, biometric authentication, and more.
WallitIQ (WLTQ) has successfully completed a rigorous smart contract audit by SolidProof, guaranteeing its users the highest standards of security, transparency, and reliability. Analysts advise not to miss this opportunity, as early adopters of the WLTQ AI token could see life-changing games during this bull market.
Conclusion
Supported by the veteran trader’s bullish forecast, WallitIQ (WLTQ) is taking centre stage and capturing the attention of investors who are eager to reap substantial rewards in the 2025 bull cycle. The AI token has already achieved a CoinMarketCap listing and is presently in presale, offering a low entry price of $0.042.
Investing in the WLTQ AI token now is a strategic move to lock in potential 200x returns and get ahead of the crowd before the presale sells out. WallitIQ’s presale has sold millions of tokens and generated over $7 million from these sales, a remarkable performance that positions it as a premier cryptocurrency in the $600 billion crypto wallet and AI market.
Driven by its cutting-edge mobile app and bullish prediction, thousands of savvy investors are quickly snapping up the WLTQ AI token before its price increases to $0.062 in the next presale stage. Act now and take advantage of the limited-time presale offer, with the WLTQ token currently priced at just $0.042.
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