Shiba Inu It is currently trading at $0.0000067 and has fallen to its lowest level in the last two years. SHIB last reached this level in July 2021. Meme coin performed very poorly, falling steadily for six months. SHIB doesn’t seem to have gotten its way, despite the launch of the Shibarium layer-2 network in August this year.
So, will things continue the same way in 2024, or will they perform the opposite and get much better? Here is the detailed prediction of artificial intelligence.
Shiba Inu: What Could the Price of SHIB Be in January 2024?
Price prediction platform CoinCodex predicted the price of Shiba Inu in early January 2024. CoinCodex is a machine learning and algorithm-based price indicator that uses artificial intelligence (AI) and predicts movements. It calculates a token’s moving average (MA), relative strength index (RSI), moving average convergence divergence (MACD), Bollinger Bands (BB) and other indicators.
The algorithm predicts that the price of a Shiba Inu on January 1, 2024 could be $0.000007629.
This represents an average increase or return on investment (ROI) of 11% from the current price. According to predictions, the Shiba Inu may not clear his fifth ‘zero’ in the next three months. This development is testing investors’ patience as a handful of investors are eagerly waiting for it to reach the $0.01 level.