Is the Shiba Inu Ready to Delete Another Zero? Here are Experts’ Predictions for April

leading meme coin Shiba Inu, comes to the fore frequently with recent price fluctuations. SHIB positioned itself as a serious competitor and entered into a rivalry with Dogecoin.

SHIB, started the year trading below $0.000010 and then surged over 450%. It also reached a yearly peak of $0.000045 in mid-February. Despite the increase, the meme coin is still 73% below its 2021 all-time high. However, recent price movements suggest a resurgence of interest and positive sentiment around the cryptocurrency.

Shiba Inu is trading somewhere around its current trading price of $0.00002288 after a period of consolidation and appears positioned for the next potential price move. With the market proving to be extremely volatile, predictions as to whether SHIB will be able to clear a zero by the end of April are highly complex.

End of April Shiba Inu Price Prediction

Shiba Inu price It is currently $0.00002288 and is up 4.9% in the last 24 hours. According to Changelly analysts, SHIB is likely to trade as low as $0.00002900 and as high as $0.00003310 by the end of April. Experts predict that the average transaction price will be $0.00003000.

SHIB lost 17.2% in the last seven days and 8.7% in the last 30 days. SHIB increased by 107.8% in the last year. SHIB even reached the $0.00004 level during a positive market run in early 2024.

However, recent market conditions and analysis suggest that SHIB is unlikely to erase a zero from its price. The market is currently volatile and showing a mix of downtrends and uptrends. However, the likelihood of the price going either way depends on market sentiment and other factors.

source site-7