The NBA legend says he is optimist

The well -known NBA player Scottie Pippen explains that the highly expected Altcoin season began when he expressed his interest in Shiba Inu (Shib).

Pippen made the explanation of the Altcoin season as the prices for alternative cryptocurrencies. In the tweet, he explained that the “Altcoin season here”, which indicates that the crypto market has entered a phase, exceed Bitcoin in the alternative cryptocurrencies.

Pipps Bullish on Shiba Inu

Pippen asked his supporters to reveal the alternative cryptocurrencies where they are most optimistic. Interestingly, he emphasized Shiba Inu as one of the old coins that he personally observed.

His mention of Shiba Inu indicates that he is expecting a massive price for Shib in the current Altcoin season. In the meantime, other tokens mentioned, such as Ethereum, Solana, XRP, Dogecoin, Cardano and MOG Coin.

It is mentioned that the prices for top alcohols have come into being enormously in the past few days. This spike shows that investors hire more funds for these old coins and lead to a rally.

Shiba Inus Latest performance

Shiba Inu experienced a significant price in the past week. While Shiba Inu has risen by 29.04% in the past seven days, Bitcoin has a more modest growth of 10.09% within this period.

This happened after Shiba Inu had reached a high of $ 0.00001720 several months over the weekend and Stellar (XLM) overtook in order to become the 14th largest cryptocurrency from market capitalization.

Although Shibs has returned to the $ 0.000016 brand, the token on the subject of corner tooth still includes the 14th position in the global crypto ranking.

Has the old season started?

After the increase in Altcoin prices, including that of Shiba Inu, some enthusiasts such as pippings believe that the eagerly awaited Altcoin season has started. However, data from CoinmarketCap show that the market is far from the Alt season.

According to Coinmarketcap, the market would be in the Alt season if 75% of the 100 top -altercoins exceed Bitcoin with the exception of stable coins in the last 90 days.

Currently, only 35% of the 100 top coins have reached this feat, with Shiba Inu not included. While Bitcoin has made profits of 6.11% in the past three months, Shiba Inus Prize has only increased by 3.31%.

Nevertheless, Shiba Inu -Enthusiasten at Shib remained optimistic. Some analysts, such as Oscar Ramos and Eunice Wong, believe that Shib will reach the price goal of USD 0.0001 this season and mark a new all -time high for tokens.

In the meantime, Shiba Inu is currently acting with $ 0.00001652, which corresponds to an increase of 24 hours by 1.25%. In order to reach the $ 0.0001 brand, Shiba Inu has to rise by its current price by 505%.