#SHIBA🚀
Shiba Inu Coin: AI predicts SHIB value at the end of April 2024
Shiba Inu Coin (SHIB), a popular cryptocurrency in the market, has recently faced considerable price adjustment pressure. In just one week, its value has shrunk by 21%; in the past two weeks and one month, it has also fallen by 18.6% and 9.6%, respectively.
This wave of SHIB's decline may be related to the general trend of Bitcoin (BTC) falling below $62,000. What is more disturbing to the market is that the escalation of global geopolitical tensions, especially Iran's military action against Israel, has made investors cautious and worried that the market may collapse as a result.
However, AI predictions have brought us new hope. According to data analysis by CoinCodex, SHIB may usher in a turnaround in the next few weeks. The platform predicts that by April 25, 2024, the price of SHIB is expected to reach $0.00003160, which means an increase of about 44.62% from the current price.
Not only that, CoinCodex further predicts that SHIB's rally may continue until mid-May. The platform predicts that on May 17, 2024, the price of this Shiba Inu-themed cryptocurrency may climb to $0.00007668. If SHIB can hold this price, it may set a new all-time high. Currently, the price of SHIB is still 74.5% lower than its all-time high of $0.00008616 set in October 2021.
Also optimistic about SHIB is the Changelly platform. The platform predicts that by April 25, 2024, the price of SHIB will reach $0.00003310. In addition, Changelly also boldly predicts that the price of SHIB may climb to $0.00007558 on May 16, 2024.
The predictions of the two platforms coincide with each other, and both are optimistic about the future trend of SHIB. In addition, Bitcoin is about to usher in the next halving cycle. This major event may trigger a widespread rise in the market, further boosting the price of SHIB. Investors may expect that SHIB will once again demonstrate its strong market potential in the near future.
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