Shiba Inu (SHIB) is a dog meme crypto asset that is prone to the same bearish trend as the rest of the crypto market. On the cryptocurrency prediction platform PricePredictions, machine learning algorithms have set the price of SHIB at $0.000010 for 1st May, 2023. This is a minimal change compared to its current price as of April 24, which is $0.00001027. The price even dropped 1.68% in the past 24 hours, 11.15% in the last week and 3.13% within the month. Opinion on the asset is bearish, with the sentiment scale indicating ‘sell’ and MA indicating ‘strong sell’. The near-term prospects of SHIB depend on the developments in the cryptocurrency market and the broader macro landscape. For instance, the upcoming Shibaswap 2.0 may have an impact on its price. Ultimately, it's important to bear in mind that investing in SHIB is speculative and comes with significant risk to one’s capital.
Talia Ross
- 2023-04-24
What Is SHIB's Price Prediction and Outlook?
Learn about the price prediction and outlook for Shiba Inu (SHIB), a dog meme crypto asset. Get an opinion on the asset and its near-term prospects, with the upcoming Shibaswap 2.0 impacting the price.
