LIVE
š„The tool presented three $SHIB possibilities by 2024š„
š„Assuming its trend continues, SHIB might trade between $0.000050 and $0.000080.
š„This estimate conservatively accounts for market declines and stability, which are frequent in turbulent cryptocurrency markets.
š„In an optimistic scenario with strong market sentiment, increased adoption, or important news triggers, the AI platform predicted a $0.000120 SHIB peak. This peak would need sustained growth and investor confidence-inducing factors.
š„The 200% gain in the previous 30 days shows Shiba Inu's growing potential. The tool stated this indicates investor interest and market momentum in the cryptocurrency.
š„Claude AI also predicted a pessimistic forecast for SHIB, citing market downturns, increased competition, and negative regulatory developments. SHIB may drop to $0.000020 in such a situation.
š„SHIB network activity
SHIB continues to see increasing network activity, particularly burn rates for extra tokens. According to Shibburn statistics from March 23, the burn rate had increased over 300% in 24 hours.
š„24-hour SHIB burn. Source: Shibburn
While Bitcoin (BTC) and the cryptocurrency market are experiencing a price reversal, Lucie, SHIB's marketing lead, believes SHIB is the only coin that may surprise the market.
š„Lucie expects the meme currency will reach a new peak before or after the Bitcoin halving.
Lucie said that the market could expect something interesting from Shinarium, Bone (BONE), and Damn (DAMN).
š„Woofswap DEX's new crypto Damn uses layer-2 solution Shibarium. The Shibarium gas token Bone is burned by its internal mechanism. Bone will become deflationary as this burning process reduces its supply.
š„Siba Inu price analysis
Press time, SHIB traded at $0.0000277, up about 1.5%. The currency has gained roughly 2% in value during the previous week.
