Hey, crypto fam! 👋 So, I just got some pretty wild news about Shiba Inu (SHIB) that I need to share. 😱 After a crazy market crash on Thursday, SHIB is starting to climb back up, and I've got the tea on what might be coming next... ☕
Apparently, a fancy machine learning algorithm over at CoinCodex thinks SHIB's gonna jump a whopping 30% in the next 5 days! 💥 That's some serious upside, right? I mean, it's not like I'm getting my hopes up or anything... 😉
So, here's the deal. The algorithm is checking all these different indicators, like investor sentiment, and it's saying that people are still super greedy when it comes to SHIB. I mean, the Fear & Greed Index is at 74, which means folks are more than happy to throw their cash into the market. 💸
Fast forward 5 days, and this algorithm thinks SHIB's gonna hit $0.00002819, which is a pretty significant increase from where we are now ($0.00002188). Like, we're talking 30.25% growth, fam! 🤯
And if you think that's wild, just wait until you hear the one-month prediction... According to the algorithm, SHIB's gonna soar to $0.00007110, which is basically right back at its all-time high. That's a 228.44% increase, bro! 🚀
But, here's the thing. The sentiment around SHIB is actually kinda bearish, which might mean it's the perfect time to scoop up some coins. It's all about accumulation, baby! 🤑 And, according to Santiment's on-chain data, that's exactly what's happening. Exchange balances have dropped 2.4% in just two weeks, which means investors are buying and holding, waiting for the prices to go up... and up... and up! 💪
So, if the algorithm is right (fingers crossed), then it's possible we're seeing the lowest SHIB price in a while. And with the next bull run potentially coming later this year... who knows? Maybe we'll see SHIB hitting new all-time highs? 🌊 What do you guys think? Share your thoughts in the comments! 💬
(P.S. Keep in mind, I'm not a financial advisor, and you should always do your own research and make your own investment decisions. 😉)
