Market players are closely following Davinci Jeremie as an early adopter of cryptocurrencies. Jeremie thinks the meme coin Shiba Inu (SHIB Coin) is a valuable addition to investors’ portfolios. Artificial intelligence predicts the price of SHIB for the end of April!
Does it make sense to add SHIB to the portfolio?
cryptokoin.comAs you follow from , most of the cryptocurrency market is going through an uptrend. Some tokens are trading close to their all-time highs (ATHs). Meanwhile, the popular meme coin Shiba Inu (SHIB Coin) is also showing its strength. Investors and traders are wondering whether SHIB is a good investment.
Some of his followers also asked this question to Davinci Jeremie, an early Bitcoin investor. A follower asked Jeremie if they should buy SHIB. Jeremie answered this question positively. So, he encouraged them to do so. Jeremie’s support of SHIB shows that he expects its price to rise. According to some investors, Jeremie’s perspective as an influential figure in the Bitcoin community is important. Therefore, it is possible that this response will contribute to increased interest and demand for SHIB.
Artificial intelligence predicts SHIB Coin price for April 30
Meanwhile, AI predicts SHIB will make further progress in the near future. SHIB has managed to increase its price by nearly 180% since the beginning of the year. Most of this increase occurred last month, when it achieved an impressive 35% progress. However, recent price action is showing signs of slowing down. We turned to crypto analysis and prediction platform Price Predictions for its future performance. AI predicts SHIB will potentially reach $0.00003 by April 30. This means modest growth for SHIB Coin.
Price Predictions uses Bollinger Bands (BB), relative strength index (RSI), moving weighted average (MWA) and some important indicators in its prediction. If this prediction comes true, it would represent a very modest gain of 3.38% from SHIB’s price at the time of writing.
SHIB Coin price analysis
Meme coin was currently trading at $0.00002902. Thus, it recorded a decrease of 4.19% during the day. But it still advanced 3.98% over the past week. It added 34.95% to its value on its monthly chart. Moreover, according to the latest data, it has seen an increase of 181.06% this year.
Meanwhile, the above price changes and positive predictions are happening against the backdrop of increased activity on the SHIB network, particularly in terms of burning excess tokens, which increased by over 2,330% in March, according to April 1 data from SHIB burning tracker Shibburn.
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