Shiba Inu (SHIB) Price Prediction in 2024

Bittime - Shiba Inu (SHIB) price prediction in 2024 shows a potential rise to $0.00003839 in the short term, but is expected to fall back within 30 days. 

Long-term predictions predict a significant rise to $0.000156 by 2029. Investors should consider SHIB's high volatility.

Shiba Inu (SHIB) Price Prediction in 2024

At the time of writing, Shiba Inu price is still hovering around the $0.000017 level, with price predictions placing it at $0.00003839. A SHIB price increase of that magnitude means an increase of 119.45% in less than a week.

However, a machine learning algorithm predicts the price will fall again within 30 days, placing it at $0.00001686, a 3.66% drop from the current price. However, a drop of more than 50% will occur if the price reaches $0.00003839 in the next five days, as projected.

Shiba Inu Price Predicted to Rise

Investors of the Shiba Inu meme coin may have to wait a long time before this happens, according to CoinCodex's machine learning algorithm. According to long-term estimates, the price of Shiba Inu will rise to $0.000156 in 2029. This means that it will be another fifty years before those who made the highest purchase in October 2021 can enjoy their holdings again.

Shiba Inu Prices Will Double

The predictions made by machine learning algorithms vary in time frame, but the most interesting is the 5-day prediction, as shown by data on the website, which predicts the price of Shiba Inu will double in less than one week.

Conclusion

Shiba Inu (SHIB) price predictions in 2024 seem to be very different. Currently, SHIB price is around $0.000017, and short-term predictions suggest a possible rise to $0.00003839, which would mean a short-term gain of 119.45%. However, the machine learning algorithm predicts the price will fall 3.66% from the current price and will fall back to $0.00001686 in 30 days.

The algorithm predicts the price of Shiba Inu will gradually rise to $0.000156 in 2029, indicating significant growth prospects in the long term.

SHIB investors should consider these uncertainties and price fluctuations when making investment decisions. These predictions show that despite the potential for huge gains, high volatility remains a key factor to pay attention to in SHIB investments; conversely, a sharp rise in the short term may be followed by a significant decline, while long-term gains may require more patience.

How To Buy Crypto With Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.