#Shibainu (SHIB) could potentially increase by 422% next month if historical data on price performances in October are taken into account.
Shiba Inu is locked in a battle with the market bears as it tries to surpass the hard-to-catch $0.00008 price point. This psychological barrier has proved difficult to overcome; resistance has repeatedly thwarted efforts to move beyond it.
But as the markets approach October, historical data show that brighter days await Shiba Inu.
Shiba Inu has had its share of price fluctuations in October since its debut in 2020. Besides Shiba Inu, the broader crypto market usually observes bullish price movements in October.
October October, in addition to this speculation surrounding this model, October, in addition to the data provided by CryptoRank, a crypto analytics platform, has historically been a month of significant price movements for Shiba Inu.
In October 2021, Shiba Inu shattered expectations with a staggering increase of 822%. This rapid rise reached an all-time high of $ 0.00008845 and stunned investors with the token's performance.
October October September 2022, Shiba Inu managed to achieve a remarkable increase of 10.4%, despite a decrease of 6.43% in the previous month of September 2022.
Shiba Inu Has Seen an Average Increase of 422%
Historical data paints a clear picture; October has been a month of consistently remarkable gains for Shiba Inu. CryptoRank's data shows that the average performance of SHIB in October reached an increase of 422%. Although this historical trend is of interest to investors, it is important to be careful.
It is very important to note that this historical information should not be misinterpreted as investment advice. The cryptocurrency market is famous for its unpredictability, and its past performance does not guarantee future results.
However, for those speculating about the potential future performance of Shiba Inu, it is worth noting that the cryptocurrency could potentially reach the price point of $ 0.00003101 if it follows its October average increase of 422% from its current price of $ 0.00000735.
( Not Investment Advice )
