Shiba Inu has been trading at around $0.00020 for Monday. It is down by nearly 2.5%. SHIB’s price has been mostly flat for the past two months, with no significant spikes. In Q1 2024, the dog-themed coin had soared nearly 280% on the back of the Bitcoin halves.
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Shiba Inu, however, lost almost 40% of its market value in 2024’s Q2. It is now heading downwards in the charts. SHIB is expected to dust off their baggage at the end of the month and surge up the charts. This month, we’ll be looking at the SHIB index. articleWe will show you how much SHIB is likely to trade at by June 2020.
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Shiba Inu: Price prediction for mid-June in 2024
Leading firm in on-chain measurements and price forecasting CoinCodex SHIB is expected to be bullish by 2024. Shiba Inu, according to this price forecast, could increase by an additional 30% from the current price. It would then reach $0.00002764. A $1,000 investment could grow to $1,300, if the forecast is correct. It’s a 30 percent increase and an investment return. next two-week period.
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There is still no guarantee Shiba could increase by 30 percent and reach $0.00002764 in 2024. It is a highly volatile market that can cause investors to suffer massive losses. Global macroeconomic factors may also contribute to the fall of major cryptocurrencies such as Bitcoin, Ethereum, XRP Cardano and SHIB. You should do extensive research prior to taking a trade in Shiba Inu. own risk.
Shiba Inu, at the time of publication, was trading for $0.00002026. It is currently down 2.4% on a 24-hour basis. SHIB has also fallen 77% since its October 2021 high of $0.00008616.
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Source: watcher.guru