According to PricePredictions’ machine learning algorithm, Shiba Inu (SHIB) might see a price drop until the end of September 2023. The platform predicts that SHIB will fall to $0.000007278 on 30th Sept, a dip of 1.22%. Further, according to the machine learning algorithm, the token may slump further in the mid-October. PricePredictions casts doubts on future possibilities, expecting the popular “dog-themed cryptomemecoin” to have a baseline price level, due to a lackluster launch of Shibarium and the slump in the crypto-currency market as a whole.
However, investors still possess hope of vendability till the next bull run that may have sparks from Bitcoin’s close-by Halving event that is set for April, 2024. An approval of the Spot BTC ETF from the US SEC in 2021 could multiply the chances for the Bitcoin (BTC) as well as Shiba Inu (SHIB) setting up the onset of another bullish performance. At the time of writing, the SHIB token seemed to have investor confidence! Rising 1.1% in the last 24 hours, the token reached $0.00000736.
