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Dec 8, 2023
Anticipation for the April 2024 Bitcoin halving fuels market enthusiasm.
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Shiba Inu (SHIB) trades at $0.000009767, witnessing a 4% dip in 24 hours but an 18% rise in the past week.
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Google Bard notes that Bitcoin halvings historically trigger bullish trends across the crypto market, benefiting meme coins like SHIB.
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Increased demand for Bitcoin often results in positive spillover effects on other cryptocurrencies, including SHIB.
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Bard highlights the potential for scarcity-driven price appreciation in SHIB due to reduced supply.
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Bard emphasizes that SHIB's reaction to the halving depends on market sentiment, investor confidence, overall crypto performance, and SHIB's project success.
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Bard predicts a 380% surge for SHIB, aligning with a positive outlook for the dog-themed token's future.
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