🔥The tool presented three $SHIB possibilities by 2024🔥
🔥Assuming its trend continues, SHIB might trade between $0.000050 and $0.000080.
🔥This estimate conservatively accounts for market declines and stability, which are frequent in turbulent cryptocurrency markets.
🔥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.
🔥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.
🔥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.
🔥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.
🔥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.
🔥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).
🔥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.
🔥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.
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