$SHIB Price Predictions for 2024

The SHIB community is bullish, with analysts including Charting Guy predicting a possible price increase. His analysis suggests SHIB could reach $0.00022, an 800% increase.$ACT $WLD

While optimism remains, CoinCodex data presents a more cautious outlook. By the end of December 2024, the token is expected to trade between $0.00002493 and $0.00002567, slightly below its current price.

This represents a minor decline of -1.13%, offering a likely profit window of 2.42% for short sellers. However, the unpredictable nature of the cryptocurrency market means these predictions are subject to rapid change.

The same analysis predicts that SHIB could rise even further as November comes to an end, reaching $0.00005377, setting the stage for a strong December. If this trajectory continues, it could mean renewed interest in the altcoin, especially for long-term holders looking to profit from its upward moves.