Shiba Inu

<div class="watcher-guru"> 
 <p>According to the machine learning algorithm at PricePredictions, Shiba Inu will continue on its bearish path until the end of the month. The platform predicted that SHIB would trade at $0.000008203 on Aug. 31. This represented a 1.44% fall from current levels. </p> 
 <figure class="wp-block-image size-large is-resized"> 
  <img decoding="async" src="https://cdn.thebittimes.com/images/2023/08/25/80926805263dd1bf153ad5cc28de8d94.webp" alt="" class="wp-image-108544" style="width: 100%;height:247px" width="700" height="247" srcset="https://cdn.thebittimes.com/images/2023/08/25/80926805263dd1bf153ad5cc28de8d94.webp 1024w, https://cdn.thebittimes.com/images/2023/08/25/80926805263dd1bf153ad5cc28de8d94.webp 300w, https://cdn.thebittimes.com/images/2023/08/25/80926805263dd1bf153ad5cc28de8d94.webp 768w, https://cdn.thebittimes.com/images/2023/08/25/80926805263dd1bf153ad5cc28de8d94.webp 1536w, https://cdn.thebittimes.com/images/2023/08/25/80926805263dd1bf153ad5cc28de8d94.webp 2048w, https://cdn.thebittimes.com/images/2023/08/25/80926805263dd1bf153ad5cc28de8d94.webp 380w, https://cdn.thebittimes.com/images/2023/08/25/80926805263dd1bf153ad5cc28de8d94.webp 550w, https://cdn.thebittimes.com/images/2023/08/25/80926805263dd1bf153ad5cc28de8d94.webp 800w, https://cdn.thebittimes.com/images/2023/08/25/80926805263dd1bf153ad5cc28de8d94.webp 1160w, https://cdn.thebittimes.com/images/2023/08/25/80926805263dd1bf153ad5cc28de8d94.webp 2348w" sizes="(max-width: 700px) 100vw, 700px"> 
  <figcaption class="wp-element-caption">
    Source: PricePredictions 
  </figcaption> 
 </figure> 
 <p>PricePredictions says that SHIB will continue on a bearish track for the foreseeable future. On the other hand, Changelly predicted that Shiba Inu (SHIB) would rise towards the end of August. The firm says that SHIB will trade at $0.000008538 on Aug. 31. This translates to a growth rate of 2.62%. Changelly says that SHIB will rise until at least mid-September, before falling again.</p> 
 <p><strong>Also Read: Shiba Inu: Shibarium Achieves “Ready” State After Additional Tests</strong></p> 
 <div class="quads-location quads-ad33739 " id="quads-ad33739" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;"> 
  <div class="publift-ad add"> 
   <div data-fuse="22560828227"></div> 
  </div> 
 </div> 
 <p>Shiba Inu (SHIB) has been on a downward trajectory for most of this year. The token continued to fall despite the launch of its layer-2 network, Shibarium. The network launch was botched with excess traffic, leading to it being temporarily paused. Although the crypto saw a brief spike in price after the network was relaunched, it was not enough to overcome the weakness in the larger market.</p> 
 <div class="quads-location quads-ad15192 " id="quads-ad15192" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;"> 
  <div id="primisContainer" class="add"></div> 
 </div> 
 <h3 class="wp-block-heading" id="h-will-shiba-inu-remove-another-zero-soon">Will Shiba Inu remove another zero soon?</h3> 
 <figure class="wp-block-image size-large"> 
  <img decoding="async" width="1024" height="576" src="https://cdn.thebittimes.com/images/2023/08/25/d87b2d5f54fe2513f93efc06c6edab71.webp" alt="" class="wp-image-106078" srcset="https://cdn.thebittimes.com/images/2023/08/25/d87b2d5f54fe2513f93efc06c6edab71.webp 1024w, https://cdn.thebittimes.com/images/2023/08/25/d87b2d5f54fe2513f93efc06c6edab71.webp 300w, https://cdn.thebittimes.com/images/2023/08/25/d87b2d5f54fe2513f93efc06c6edab71.webp 768w, https://cdn.thebittimes.com/images/2023/08/25/d87b2d5f54fe2513f93efc06c6edab71.webp 380w, https://cdn.thebittimes.com/images/2023/08/25/d87b2d5f54fe2513f93efc06c6edab71.webp 550w, https://cdn.thebittimes.com/images/2023/08/25/d87b2d5f54fe2513f93efc06c6edab71.webp 800w, https://cdn.thebittimes.com/images/2023/08/25/d87b2d5f54fe2513f93efc06c6edab71.webp 1160w, https://cdn.thebittimes.com/images/2023/08/25/d87b2d5f54fe2513f93efc06c6edab71.webp 1280w" sizes="(max-width: 1024px) 100vw, 1024px"> 
  <figcaption class="wp-element-caption">
    Source: Binance 
  </figcaption> 
 </figure> 
 <p>Shiba Inu (SHIB) has a lot of projects in development. One of the most anticipated SHIB projects is the new burn mechanism, which has yet to be unveiled. There have been rumors from various SHIB influencers that the new burn mechanism will remove trillions of tokens from circulation every year. However, we do not have any official word on when the new burner will be revealed and launched.</p> 
 <p><strong>Also Read: Shiba Inu: Brazilians Can Now Use SHIB For Payments</strong></p> 
 <p>Moreover, SHIB has seen a significant increase in adoption in terms of holders and wallet addresses in the last few days. This is most likely due to the launch of Shibarium. With an increase in demand and a new burn mechanism, SHIB could see a big rise in prices.</p> 
 <div class="quads-location quads-ad33742 " id="quads-ad33742" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;"> 
  <div class="publift-ad add"> 
   <div data-fuse="22560828233"></div> 
  </div> 
 </div> 
 <p></p> 
</div> 
<div class="cs-entry__tags"> 
 <ul> 
  <li>shiba inu</li> 
 </ul> 
</div>

Shiba Inu: Machine Learning Predicts SHIB Price for Aug. 31, 2023

Table of Contents

TheBitTimes

Other articles published on Aug 24, 2023

Layer 1 DeFi Protocol Radix Reveals Irreversible Olympia Protocol Update Ahead of Babylon Mainnet...

Ini Pendorong Harga ETH Bisa Rebound

EBAY Stock Awaits Trend Reversal; A 10% Drop Seen in a Month

Cardano Holds Above $0.26 Support On The Way Up

Jaw-Dropping 74% of Shiba Inu (SHIB) Holders Suffer Losses Amid Shibarium Outage

Bitcoin To Hit $35k By April, $148K in 2025, Top Crypto Hedge Fund Says

Join our free newsletter for daily crypto updates!