Shiba

Cryptocurrency

Bitcoin

Shiba Inu

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 <p class="paragraph">With the month of September almost over, Halloween enthusiasts have already started picking out decorations for the scariest holiday of the year, but cryptocurrency traders have other things on their minds, such as <a rel="dofollow" title="prediction" href="https://thebittimes.com/tag/prediction.html">prediction</a>s of the future <a rel="dofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> of Shiba Inu (SHIB).</p> 
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 <p class="paragraph">As it happens, the largest part of the crypto market is back in the sideways trading mode, and Shiba Inu is no exception. However, machine learning (ML) algorithms indicate a strong chance for the meme crypto asset to be trading at a slightly lower <a rel="dofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> than at press time, September 28.</p> 
 <h2 class="wp-block-heading" id="h-what-machine-algorithms-say">What machine algorithms say</h2> 
 <p class="paragraph">Indeed, the self-learning machine algorithm used by the cryptocurrency tracking platform <em>CoinCodex</em> suggests that SHIB could reduce its <a rel="dofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> by 1.62% by October 31, 2023, from its current situation, which means it would end up trading at the <a rel="dofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> of $0.000007133 on the holiday of Halloween.</p> 
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  <img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh5.googleusercontent.com/KBXpME8qXPrz_4m3RgJjKVaJjXbDbi--7TbvFUiEbUTax3Fa1jEo-zFXxeaEWkHm18HJaRSQXGbA34bM8zVECCOzyMM4_6daeBozMAwB5th0bV6-GknSwQ1t1Cw_aclOqeVGf4zYtavHuzaKwwnHeJI" alt>
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   <em>SHIB 3-month price prediction. Source: </em><em>CoinCodex</em>
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 <h2 class="wp-block-heading" id="h-ghosts-of-halloween-past">Ghosts of Halloween past</h2> 
 <p class="paragraph">In terms of SHIB price during past Halloweens since its launch in 2020, the situation is as variable as they come, so it is not easy to draw any clear conclusions from these chart patterns. Specifically, Shiba Inu was trading at a mere $0.000000000168 on Halloween 2020.</p> 
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       <h3 class="font-bold leading-6 " id="almost-90-of-shib-investors-are-holding-a-losing-position"> Almost 90% of SHIB investors are holding a losing position </h3> 
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       <h3 class="font-bold leading-6 " id="xrp-price-prediction-for-halloween-2023"> XRP price prediction for Halloween 2023 </h3> 
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       <h3 class="font-bold leading-6 " id="can-bitcoin-recover-this-week-yes-if-this-happens"> Can Bitcoin recover this week? Yes, if this happens </h3> 
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       <h3 class="font-bold leading-6 " id="bitcoin-price-prediction-for-halloween-2023"> Bitcoin price prediction for Halloween 2023 </h3> 
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       <h3 class="font-bold leading-6 " id="investing-100-week-into-shib-in-2023-would-be-this-worth-today"> Investing $100/week into SHIB in 2023 would be this worth today </h3> 
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 <p class="paragraph">During the particularly bullish Halloween of 2021, it skyrocketed a whopping 38,934,400% to $0.00006541, only to drop again the year later and trade at $0.00001194 on October 31, 2022, down 81.75% from the year before, as the historical information indicates.</p> 
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  <img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh6.googleusercontent.com/F0nVBizYg7JgTUtivM1UL4fETpznDBeo6L03e-skAO8YhjZg2C-KJsd2U936x2HZ9JEtbXL1JBijwHqOp37aCsH_XfQTg-g1kda2E0dP-ziNjv1BZK7lDqReF9C-ShLtEX3f2rBTMCozqhiEXIDENr8" alt>
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   <em>SHIB prices each Halloween since 2020. Source: Finbold</em>
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 <h2 class="wp-block-heading" id="h-shib-price-analysis">SHIB price analysis</h2> 
 <p class="paragraph">Meanwhile, Shiba Inu was at press time changing hands at the <a rel="dofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> of $0.0000072503, which represents an increase of 0.38% in the last 24 hours but still a decline of 1.54% across the previous seven days and a 10.55% drop on its monthly chart, as per the latest data on September 28.</p> 
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  <img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh4.googleusercontent.com/ApeN4QIlY0miJTIkb1Hl6JJaRUfa1U6yUxnIOfOxeK5mTPCjOPw3AhippD8MBlJj3Vmm_wR5FDqhasWhBVDx4Kt6IMXg71JeGdV9KV-4WVVYFWUy22gcSNlYplieTPecfLGAzkvoTt7ICR7dyNhLXL4" alt>
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   <em>SHIB 7-day price chart. Source: </em><em>Finbold</em>
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 <p class="paragraph">All things considered, whether SHIB meets the <a rel="dofollow" title="prediction" href="https://thebittimes.com/tag/prediction.html">prediction</a>s of machine algorithms or changes the tune this Halloween will depend on many factors, the most influential being the performance of the recently launched layer 2 blockchain Shibarium, which has already attracted massive attention.</p> 
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p> 
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<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/shib-price-prediction-for-halloween-2023-tbt64308.html">https://thebittimes.com/shib-price-prediction-for-halloween-2023-tbt64308.html</a></p>

SHIB price prediction for Halloween 2023

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