SHIB Token Price Forecast by AI for May 31, 2024
Wednesday, 1 May 2024, 11:01
SHIB Token Price Overview
As of May 1, Shiba Inu (SHIB) is trading at $0.00002113, reflecting a notable decline over the past week.
Market Capitalization Update
SHIB's market cap stands at approximately $12.3 billion, significantly lower than its previous peak in March.
Price Forecast by AI
AI predicts a conservative price estimate of $0.000019 for SHIB by the end of May 2024.
- Recent volatility has not hindered SHIB's year-over-year growth of 110%.
- Technical analysis indicates potential for an upside breakout in SHIB's price.
- Investors should consider all risks associated with investing in volatile markets.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.