Popular Analyst Lark Davis Believes Shiba Inu (SHIB) Price Can Never Hit $1

Popular Analyst Lark Davis Believes Shiba Inu (SHIB) Price Can Never Hit $1

At the time of publication, Shiba Inu is selling at $0.000013 after a pullback of 1.23% over the last 24hrs. As the currency is making such a move, there could be an opportunity for shorting if the price drops.

If that happens, Shiba Inu’s price might see a fall of 27% and drop to $0.0000093. This will form a ‘Fair Value Gap’ (FVG) which will cause a further price drop to $0.0000083. However, SHIB can see a bull run if the currency manages to claim the $0.0000179 level with a gain of 95%.

Nevertheless, many market experts have put forward mixed predictions regarding the probability of SHIB reaching $1. Among them is lark davis information lark davis host at lark davis  
Lark Davis is a New Zealand-based online content creator who makes movies about Bitcoin and cryptocurrency in general. On his YouTube channel, Lark shares tips, and recommendations based on his expertise and years of experience as an investor. 
 
He grew up on a modest organic farm, reading and fantasizing about space travel while pretending to be Indiana Jones.” Lark mixes his political science education, critical thinking abilities, and brilliant sense of humor to develop content that examines blockchain solutions for the corrupted world.
 
Through the Revue platform, He also offers a weekly newsletter dubbed “Wealth Mastery” on a subscription basis for $9.75 per week or $39 per month. Wealth Mastery is a study report aimed at bitcoin investors that comprises the following weekly elements, according to the official signup page.
 
He also hosts the Kajabi platform to provide the following online courses to help potential new cryptocurrency investors. The webinar is free to attend, however, the basic course costs USD 99 to enroll.
 
Even though the fact that He started his YouTube channel in October 2009, he just began regularly posting crypto videos in 2017 under the moniker “The Crypto Lark.”
 
The YouTube channel has over 486,000 followers and has received over 51 million views as of this writing. It features bitcoin and altcoin news, interviews with other investors, and general cryptocurrency conversations.
EntrepreneurInvestorHost Followers : 0 View profile
, who has claimed that SHIB will not reach $1.

Shiba Inu Price Can Never Hit $1

Lark Davis explained his point via a Twitter post using a meme.

The meme currency, which was launched in August 2020, is currently trading at the 13th position after gaining levels above $0.000012. The overall SHIB supply is at 589.63 trillion, which is posing a huge hindrance for the currency to hit $1. However, if SHIB fails to move above $0.0000083, the currency will see a fall near $0.0000074.

On the other hand, as per the CoinMarketCap community, Shiba Inu will claim $0.00001106 by 2022. 

Was this writing helpful?