Shibu Inu Is At The Brink Of All-Time Highs, Will It Roar? When Analysts Expect A Historic Pop
Portfolio Pulse from Murtuza Merchant
Shiba Inu (CRYPTO: SHIB), a decentralized meme token, has been experiencing a bullish trend with a 14% increase over the past month. Currently ranked 16th by market cap, SHIB's price is at $0.00000971. Changelly predicts a short-term increase to $0.00001072 by Dec. 16, 2023, and substantial long-term growth, with a potential peak at $0.0001609839 by 2030. Despite the optimism, investors are reminded of the crypto market's volatility and the need for thorough research.
December 15, 2023 | 6:05 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Shiba Inu (SHIB) is expected to see a short-term price increase to $0.00001072 by Dec. 16, 2023, according to Changelly, with long-term predictions indicating substantial growth by 2030.
The positive sentiment and price predictions from Changelly suggest a bullish outlook for Shiba Inu in the short term. The token's recent 14% increase and the Fear & Greed Index score of 72 support this optimism. However, the confidence score is moderated due to the inherent volatility and unpredictability of the cryptocurrency market.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100