Here’s #shibaInu Potential Growth Rate for May
Shiba Inu is following the broader market's trend, with a recent correction leading to an 8% decline over 24 hours, though it remains resilient around the $0.000025 mark. Short-term outlooks suggest possible further decline before April ends, but long-term sentiment remains optimistic, especially with the #BitcoinHalving on the horizon.
Projected Performance in May 2024
- Changelly predicts SHIB could surge to $0.00008740 in May 2024, a 248% increase from its current price, maintaining an average monthly price of $0.00006120 with a minimum of $0.00003490. CoinCodex shares a bullish outlook, expecting SHIB to reach $0.00003278 in five days and $0.00008284 overall, aligning with Changelly's projection.
Potential Range of $0.00004 to $0.00007
- Cryptorank's historical data suggests SHIB typically sees a 99% increase in May, potentially reaching $0.00004991 in 2024. Google Bard (Gemini) projects a speculative range between $0.00004 and $0.00007 for SHIB's May price, emphasizing caution in interpreting such projections.
Source - thecryptobasic.com