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Shiba Inu (SHIB)the meme-inspired cryptocurrency, ended 2024 on a high note, staying above the key price point of $0.00002. This level, both psychological and technical, may mean more than just a win at the end of the year. This could be the new minimum price for the token at the beginning of 2025.
SHIB rose steadily throughout 2024, ending the year with strong growth of 104.44%. The price started just above $0.00001036 and then rose, ending up breaking $0.00002.
SHIB's past performance tells an interesting story. Most years ended well, except for 2022, when it dropped 75.8%, which is a bit disappointing. That year stands out as an anomaly in a long record. The next few years still see gains: 27.8% in 2023, 2,665% in 2021, and now another triple-digit rise in 2024.
This upward trend is not perfect, but it shows that Shiba Inu symbol It can bounce and grow even after an 80% correction. The fact that the price has managed to stay above $0.00002 at the end of each year makes it look like this could become the new baseline, giving long-term holders more confidence.
It's not just about making money; It's about staying strong. This meme starts the new year in a very interesting place. It has strong price support, and has performed well over the past year, with its trajectory mostly upward.
It is not clear whether $0.00002 will become the new minimum GrayHowever, conditions appear to be good for the token to continue building on its momentum. As we head into 2025, it's all about maintenance.
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