$When will Shiba Inu (SHIB) reach $0.05? According to the popular AI (Artificial Intelligence) chatbot ChatGPT, SHIB could reach $0.05 by 2035, about 11 years from now. Chatbot says: ' With strong support from the Shiba Inu community, ongoing efforts to increase utility, and the potential for wider adoption, significant price increases reach or exceed $0.05 in The next decade makes sense.'
Robot AI added: “However, market fluctuations and the evolving crypto landscape require a long-term investment approach.'
However, Changelly is not very optimistic about Shiba Inu (SHIB). The platform predicts a maximum price of 0.02929707 USD in 2050. Therefore, according to Changelly, SHIB will reach 0.05 USD sometime after 2050, over 26 years from now.
On the other hand, Telegaon predicts SHIB will reach $0.05 between 2035 and 2040.
However, it is also possible that Shiba Inu (SHIB) could reach its $0.05 target much sooner. The SHIB team is working on a new burning mechanism, rumored to be able to burn trillions of tokens per year. SHIB's large supply is one of the biggest barriers to its price. If the team can reduce the project's supply, we could see a sudden increase in asset prices.
#SHIBA🔥#bttc AI predicts Shiba Inu (SHIB) price on April 5, 2024 According to CoinCodex, SHIB could reach 0.00003159 USD by April 5, 2024. Reaching 0.00003159 USD from current levels would result in a growth of about 16.4%.
CoinCodex predicts SHIB price will continue to increase throughout April. The platform predicts SHIB will reach a new all-time high later this month, reaching 0.00009452 USD on April 30, 2024.
Changelly also paints an optimistic picture for Shiba Inu (SHIB). The platform predicts SHIB to reach 0.00003976 USD by April 5, 2024. Reaching 0.00003976 USD from current levels would result in a growth of about 46.5%. Furthermore, Changelly predicts SHIB will reach a new all-time high this month, reaching $0.000100 by April 30, 2024. Reaching $0.000100 from current levels would result in growth of around 268 .4%.
SHIB's bullish outlook could be due to the upcoming BTC halving event, which many analysts predict will cause a market-wide price rally. Many people consider halving events to be bullish because they reduce the supply of the asset. Furthermore, since BTC is the market leader, there is a high possibility that a BTC price rally will spread to other assets.
#SHIBA🔥 SHIB price prediction by ChatGPT We consulted the latest ChatGPT model to get a more comprehensive and optimistic view of the Shiba Inu's long-term price potential. The AI took into account various factors, such as the upcoming Bitcoin halving, broader market trends, and other relevant considerations. After analyzing the monthly chart of the Shiba Inu's price trend, ChatGPT predicts that the meme coin could reach $0.0010427 by 2024, using the Fibonacci levels as the next price target. However, the AI model's assessment went beyond this initial target, suggesting a 10-cent price for the Shiba Inu is a conceivable milestone for 2025.
Despite the optimistic predictions and current bullish trend, it is important for investors to approach the cryptocurrency market with caution. The cryptocurrency space is known for its volatility and unpredictability, especially meme coins, which are often subject to sudden price swings due to market sentiment and hype.
In just 14 hours, transactions amounting to 1.4 trillion SHIB were recorded.
The transaction log shows a string of notable movements, especially from the hot wallets of major exchanges like Coinbase and Binance.
One transaction from the Coinbase hot wallet transferred 36.3 billion SHIB, worth approximately $1.03 million. The timing of these large-scale movements coincided with an explosive recovery in the Shiba Inu.
Currently, the Shiba Inu is moving in an uptrend, as suggested by the movement above the key moving averages.
The reasons behind whale movements can be diverse. Some investors may reallocate their portfolios in anticipation of potential market events or news that could affect SHIB's valuation. Others may take profits after the recent price rally or redistribute assets to diversify their strategies. Large movements can also be preparatory, setting the stage for greater market volatility.
#shib#BOME#PEPE Dubai International Financial Center issues "world's first" Digital Assets Law Digital assets are gaining recognition and more and more lawmakers are including them in innovative legal frameworks. Dubai International Financial Center (DIFC), one of the largest free zones in the Middle East, Africa and South Asia (MEASA) region, has issued the “world’s first” Digital Assets Law ” after revamping its entire legislative system. Besides definitions, the DIFC Digital Assets Law amends a range of other laws, including the law of contracts, the law of obligations, the law of confidentiality, the law of damages and remedies, the law of trusts and base law. Jacques Visser, DIFC Legal Director, explained the potential of this law and its pioneering nature in the world. According to Visser, DIFC considers this document “groundbreaking”, as it is “the first law to comprehensively regulate the legal characteristics of digital assets as a matter of property law”. Furthermore, the document provides “how digital assets can be controlled, transferred and disposed of by interested parties.” Dubai approved a digital assets law in 2022, appointing the Virtual Asset Regulatory Authority (VARA) as the agency in charge of the sector. However, this law does not apply to DIFC as the free zone has its own regulator, DIFC, and financial services regulator, Dubai Financial Services Authority (DFSA). In August, DIFC announced it would subsidize 90% of license costs for Web3 and artificial intelligence (AI) companies waiting to open operations in the special economic zone.
#SHIB. Memecoin has seen a rapid rise over the past week. Shiba Inu (SHIB) has earned several spots in the top 100 rankings and is just below rival Dogecoin (DOGE). The price of Shiba Inu (SHIB) has increased 230% in the weekly chart, 272.1% in the 14-day chart and almost 300% over the last month. On the other hand, Dogecoin (DOGE) is up 75.5% in the weekly chart, 96.8% in the 14-day chart, and 112.6% over the last month. However, both assets face a sharp correction on the daily chart. SHIB price has dropped 13.3% in 24 hours, while DOGE is down 9.7% in the same time frame. Will Shiba Inu (SHIB) surpass Dogecoin (DOGE) this year? SHIB's market capitalization currently stands at $20.3 billion, while DOGE's is $23.8 billion. SHIB's market is only about 13% away from DOGE. Therefore, if the popular meme coin continues its upward trajectory, it could surpass DOGE in the rankings. Shiba Inu (SHIB) and Dogecoin (DOGE) are the most important and known meme coins. However, DOGE has the advantage of getting in first. DOGE debuted in 2013, nearly 11 years ago, while SHIB entered the ring in 2020, about 3 and a half years ago. However, SHIB has left quite a few marks in its short history. However, with the latest adjustment, SHIB may still not surpass DOGE. With that said, Shiba Inu (SHIB) could topple Dogecoin (DOGE) later this year. Dogecoin (DOGE) could be part of X's upcoming payments feature. If so, the asset could suddenly increase in value. On the other hand, Shiba Inu (SHIB) is working on a new burning mechanism, which is rumored to burn trillions of tokens per year.
Binance announced the delisting of 6 spot trading pairs Binance just announced that it will delist 6 trading pairs on the upcoming platform, please pay attention. AERGO/BTC, ALGO/BNB, CTSI/BNB, FARM/BTC, FUN/ETH, XLM/BNB
#SHIB Kusama's teasing and investor speculation Shytoshi Kusama recently took to social media to post an upcoming announcement that could reshape the SHIB landscape. Through cryptic tweets, Kusama hinted at discussions and preparations for a significant SHIB-themed product or service, sparking speculation among investors.
Anticipation surrounding this announcement has led to various speculations about its nature, from innovations in decentralized finance (DeFi) to new utilities for the SHIB token. Kusama also shared a bold forecast for the Shiba Inu's market valuation, suggesting a potential market cap of $100 billion during this market cycle. This assertion, accompanied by a GIF, created further excitement among SHIB investors. The optimism surrounding SHIB's growth is fueled by its dedicated community and ongoing development efforts, helping SHIB recover from market downturns and attract new investors.
As anticipation and speculation grows, all eyes are on Shytoshi Kusama and the Shiba Inu team as they prepare to reveal their latest endeavor. Could this announcement serve as a catalyst to take SHIB to new heights, perhaps reaching $0.001 or more? Only time will tell, but one thing is certain: the Shiba Inu community is eagerly awaiting the next chapter in SHIB's journey.
#SHIB Shiba Inu announces new product launch: Will it push SHIB to 0.001 USD? In the cryptocurrency sector, prices can change drastically in a short period of time and investors are constantly looking for the next big opportunity.
Despite the recent market pullback, there is a glimmer of hope for Shiba Inu (SHIB) advocates as the head of its ecosystem, Shytoshi Kusama, hints at an evolution significant at work.
Bitcoin's roller coaster and SHIB's performance Bitcoin's price surge, reaching highs of more than $69,000 before falling to $61,000, sent ripples throughout the market, leading to liquidations exceeding $1 billion. However, Bitcoin has managed to recover a bit, currently trading at around $66,000, according to CoinGecko.
Similarly, the Shiba Inu, often dubbed the ‘Dogecoin Killer’, has experienced a notable downturn. Despite this, SHIB remained firmly in positive territory for the week, with an impressive 230% increase in value.
#SHIB#Bonk Can Bonk surpass Shiba Inu and Pepe? However, there is still no understanding of the impact of the current Bitcoin run. The asset is expected to aim for a new all-time high, surpassing the $69,000 it reached in November 2021. The market could then provide more room for Bonk to continue its ascent. .
This is especially likely as the market approaches the highly anticipated Bitcoin halving, scheduled to take place on April 19. However, can Bonk reach $0.01 before Shiba INu Are not? That becomes a daunting prospect considering the volatility of the meme coin market.
Shiba Inu (SHIB) jumped 33% today and showed another beneficiary of the meme coin's Monday surge. Additionally, meme coin competitors like Pepe have seen a significant increase of 44% in the past 24 hours. For now, Bonk still leads those assets in daily gains amid a larger spike.
#Write2Earn#SHIB SHIB has entered a “Extreme Greed” phase, which could lead to a rally higher. The second largest meme coin Shiba Inu [SHIB] has skyrocketed 118% over the week, hitting levels not seen since May 2022
The price increase has led to a spike in the network's profits. As of press time, SHIB holders are sitting on an average unrealized gain of over 31%. a whale deposited 365.36 billion SHIB tokens, worth nearly $7.4 million at market price, into cryptocurrency exchange Binance.
For investors who remain patient and resilient, holding SHIB despite efforts to overcome the $0.00001 resistance level, tangible rewards await. Consider this scenario: if you invested $1,000 in a Shiba Inu during the New Year holiday, by February 29, your investment would have grown to $1,342, resulting in a profit of $342 earned. add to your portfolio.
Opportunities in the cryptocurrency space
These impressive returns highlight the potential for profit in the cryptocurrency market, especially for those willing to endure volatility and hold on to their investments during uncertain times. The Shiba Inu resurgence, driven by a combination of market momentum and renewed investor confidence, illustrates the opportunities inherent in the cryptocurrency space. While past performance does not guarantee future results, SHIB's recent success highlights its potential for significant returns in the evolving digital asset landscape. As the cryptocurrency market evolves, investors are encouraged to conduct thorough, prudent research and diversify their portfolios to minimize risks and take advantage of opportunities.
Crypto markets are buzzing as Bitcoin surpasses $63,000, igniting a wave of optimism that has pushed Shiba Inu (SHIB) to unprecedented heights. With SHIB recording a spike of 23.2% today, 41.4% this week and an impressive 43.5% over the past month, investor sentiment is soaring. Furthermore, SHIB has finally entered positive territory for the year, posting a 6.8% gain since February 2023. Currently trading at $0.00001268, SHIB's climb above $0.000014 is near This has aroused investor interest, as evidenced by a notable 76.63% increase in trading volume.
Amid soaring prices and new investor enthusiasm, many traders are evaluating the Shiba Inu's investment potential. To shed some light on this, we tested the performance of a $1,000 investment in SHIB in early 2024 to discover its impressive returns.
Impressive returns for patient investors
For investors who remain patient and resilient, holding SHIB despite efforts to overcome the $0.00001 resistance level, tangible rewards await. Consider this scenario: if you invested $1,000 in a Shiba Inu during the New Year holiday, by February 29, your investment would have grown to $1,342, resulting in a profit of $342 earned. add to your portfolio.
Shiba Inu, the memecoin known as the “Dogecoin killer,” increased significantly in price and popularity in 24 hours, as the SHIB community increased efforts to reduce circulating supply, SHIB burn rate increased by 887 .07% in one day, burning a total of 37,104,438 SHIB. The largest one-time burn transaction removed 21,540,898 SHIBs from circulation. The second largest transaction included 9,740,615 burned SHIBs. The remaining three notable burn transactions are 2,154,873 SHIB, 1,000,000 SHIB and 1,802,613 SHIB respectively.
#Write2Earn#BitcoinETF💰💰💰#BitcoinETF According to Nansen data, while Bitcoin increased in price, whales increased their purchases of Shiba Inu, Pepe Coin and Chainlink.
As leading cryptocurrency Bitcoin surpassed $58,000, $59,000 and finally $60,000, levels not seen since late 2021, investors' bullish expectations strengthened.
On-chain data tracking platform Nansen has announced the most purchased cryptocurrencies today.
According to Nansen data, while Bitcoin increased in price, whales increased their purchases of Shiba Inu, Pepe Coin and Chainlink.
Accordingly, SHIB, PEPE and LINK are among the altcoins most purchased by whales.
In the list of most purchased cryptocurrencies, SHIB ranked second, PEPE ranked fourth and LINK ranked seventh.
Shiba Inu, an Ethereum-based meme token, recorded an input of $4.61 million in 24 hours, while Pepe coin (PEPE) recorded an input of $1.55 million in 24 hours. Finally, LINK reached an entry level of $506k.
Wrapped Bitcoin tops this list, WBTC recorded inflows of $9.73 million over the past 24 hours.