$SHIB

Shiba Inu is also a key player in the cryptocurrency market. The token has noted an array of past declines but has lately adopted a bullish pace as Bitcoin soared to new highs. SHIB is currently sitting at the $0.000029 price mark, a coveted price spot after raking in gains worth 17% in the last 24 hours.

The SHIB ecosystem is busy working on launching SHI stablecoin, SHIB DeFi, SHIB Socials, and SHIB Marketplace as well to keep the momentum strong and flowing.

Per CoinCodex, Shiba Inu may hit a new high of $0.000040 by November 20, 2024.

However, by the end of this month, SHIB may stabilize to sit at a new price spot of $0.00002763.

According to our current Shiba Inu price prediction, the price of Shiba Inu is predicted to rise by 2.01% and reach $0.00002763 by December 12, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 69 (greed). Shiba Inu recorded 15/30 (50%) green days with 10.39% price volatility over the last 30 days. Based on the Shiba Inu forecast, it’s now a good time to buy Shiba Inu.

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