$SHIB Analysts suggest that the token may fluctuate between a minimum price of around $0.0000169 and potentially surge to as high as $0.0000383, depending on market conditions and investor sentiment. The average trading price is predicted to hover near $0.0000276 during the month.
The crypto market has been relatively volatile, and SHIBās price has been influenced by ecosystem developments, such as advancements in the Shibarium layer-2 network. A bullish trend could drive the token toward higher price targets, but traders should also be mindful of possible pullbacks toward the lower end of the range as the market consolidates.
Looking beyond October, Shiba Inu is projected to remain active in the crypto space, with broader momentum into 2025 likely influenced by Bitcoin halving events and further ecosystem updates.
