Artificial intelligence determined the price of Shiba Inu (SHIB) on April 30.
Before today's Bitcoin pullback to the $68,000 range, the Shiba Inu (SHIB) meme coin was demonstrating strength, which may be why machine learning algorithms and artificial intelligence t (AI) predicted the progress of the token in the future. Since the beginning of the year, SHIB managed to raise its price by almost 180%, with most of the increase occurring in March (35%). Now we are observing a slight slowdown in the rise, which is again dictated by a slight correction in Bitcoin.
Shiba Inu price forecast As for future indicators, Shiba Inu can continue to grow and by April 30, 2024 it can reach $0.00003, this is the calculation of the price forecasting platform cryptocurrencies Price Predictions.
If a forecast based on indicators such as Bollinger Bands, Relative Strength Index (RSI), moving weighted average, etc. is realized, the coin There will be a very modest increase of 3.38% from the current price of Shiba Inu.
Currently, the dog-themed coin is trading at $0.00002821, having recorded a daily decline of 7.5%, and weekly dynamics in the minus by 5%. However, this year the meme token has grown by 181.06%.
Meanwhile, the coin network is showing increased activity in burning tokens, and in March the rate of their destruction increased by more than 2330%, according to data from the Shibburn tracker.
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