Shiba

Burn

Bitcoin

Shiba Inu

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 <p>October has once again proven to be a bullish month for the crypto market. Bitcoin (BTC), the original crypto, hit a new yearly high, soaring above $34k. Shiba Inu (SHIB) also broke into a healthy rally, surging by over 10% over the previous week. However, the popular dog-themed memecoin is struggling to get past the $0.000008 price point. Nonetheless, analysts anticipate SHIB to continue moving in a bullish trajectory.</p>
 <p><strong>Also Read: Shiba Inu Burn Rate Goes Parabolic, Surges 5600%</strong></p>
 <h3 class="wp-block-heading" id="h-shiba-inu-shib-price-prediction-for-november-2023">Shiba Inu (SHIB) price prediction for November 2023</h3>
 <figure class="wp-block-image size-full"><img decoding="async" width="1024" height="573" src="https://cdn.thebittimes.com/images/2023/10/31/2f8d5424469d9043b04747886b0275b9.webp" alt="Shiba Inu" class="wp-image-115339" srcset="https://cdn.thebittimes.com/images/2023/10/31/2f8d5424469d9043b04747886b0275b9.webp 1024w, https://cdn.thebittimes.com/images/2023/10/31/2f8d5424469d9043b04747886b0275b9.webp 300w, https://cdn.thebittimes.com/images/2023/10/31/2f8d5424469d9043b04747886b0275b9.webp 768w, https://cdn.thebittimes.com/images/2023/10/31/2f8d5424469d9043b04747886b0275b9.webp 380w, https://cdn.thebittimes.com/images/2023/10/31/2f8d5424469d9043b04747886b0275b9.webp 550w, https://cdn.thebittimes.com/images/2023/10/31/2f8d5424469d9043b04747886b0275b9.webp 800w" sizes="(max-width: 1024px) 100vw, 1024px">
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   Source – Phemex
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 <p>According to CoinCodex, SHIB will continue to trade in the $0.000007 levels for most of November. However, the platform anticipates SHIB to reach $0.000008758 by Nov. 29, 2023. The surge translates to a growth of about 10.9% from current price levels.</p>
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 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="403" src="https://cdn.thebittimes.com/images/2023/10/31/7efbfe9bf60be7aebafcf7fadfdbd346.webp" alt class="wp-image-117367" srcset="https://cdn.thebittimes.com/images/2023/10/31/7efbfe9bf60be7aebafcf7fadfdbd346.webp 1024w, https://cdn.thebittimes.com/images/2023/10/31/7efbfe9bf60be7aebafcf7fadfdbd346.webp 300w, https://cdn.thebittimes.com/images/2023/10/31/7efbfe9bf60be7aebafcf7fadfdbd346.webp 768w, https://cdn.thebittimes.com/images/2023/10/31/7efbfe9bf60be7aebafcf7fadfdbd346.webp 1536w, https://cdn.thebittimes.com/images/2023/10/31/7efbfe9bf60be7aebafcf7fadfdbd346.webp 380w, https://cdn.thebittimes.com/images/2023/10/31/7efbfe9bf60be7aebafcf7fadfdbd346.webp 550w, https://cdn.thebittimes.com/images/2023/10/31/7efbfe9bf60be7aebafcf7fadfdbd346.webp 800w, https://cdn.thebittimes.com/images/2023/10/31/7efbfe9bf60be7aebafcf7fadfdbd346.webp 1160w, https://cdn.thebittimes.com/images/2023/10/31/7efbfe9bf60be7aebafcf7fadfdbd346.webp 1694w" sizes="(max-width: 1024px) 100vw, 1024px">
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   Source: CoinCodex
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 <p>According to Changelly, Shiba Inu’s (SHIB) price will oscillate between $0.000007 and $0.000008 throughout November 2023. The platform predicts that SHIB could reach a high of $0.000008843 by Nov. 28, 2023, a growth of about 12% from current levels.</p>
 <p><strong>Also Read: Shiba Inu Forecasted To Rise 118%: Predicts Analyst</strong></p>
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 <p>On the other hand, the machine-learning algorithm at PricePredictions also anticipates SHIB to oscillate between $0.000007 and $0.000008. As per the platform, SHIB will attain a high of $0.000008049 by early November.</p>
 <h3 class="wp-block-heading" id="h-will-shib-continue-its-rally-into-2024">Will SHIB continue its rally into 2024?</h3>
 <figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="722" src="https://cdn.thebittimes.com/images/2023/10/31/9a9ad8f4b8530fac5517049ed7189c2c.webp" alt="Shiba Inu" class="wp-image-116222" srcset="https://cdn.thebittimes.com/images/2023/10/31/9a9ad8f4b8530fac5517049ed7189c2c.webp 1024w, https://cdn.thebittimes.com/images/2023/10/31/9a9ad8f4b8530fac5517049ed7189c2c.webp 300w, https://cdn.thebittimes.com/images/2023/10/31/9a9ad8f4b8530fac5517049ed7189c2c.webp 768w, https://cdn.thebittimes.com/images/2023/10/31/9a9ad8f4b8530fac5517049ed7189c2c.webp 380w, https://cdn.thebittimes.com/images/2023/10/31/9a9ad8f4b8530fac5517049ed7189c2c.webp 550w, https://cdn.thebittimes.com/images/2023/10/31/9a9ad8f4b8530fac5517049ed7189c2c.webp 800w, https://cdn.thebittimes.com/images/2023/10/31/9a9ad8f4b8530fac5517049ed7189c2c.webp 1080w" sizes="(max-width: 1024px) 100vw, 1024px">
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   Source – Coin68
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 <p>Bitcoin (BTC) is currently leading the market. The original crypto has a few bullish events that could push the crypto market into a new bull run. Firstly, there is a high possibility that a spot BTC ETF (Exchange Traded Fund) will be approved in the U.S. very soon. Moreover, BTC’s next halving cycle is fast approaching, scheduled to take place in April 2024.</p>
 <p>If BTC can sustain its rally, other popular crypto assets will likely continue to surge. Moreover, if a spot BTC ETF is approved, it could propel BTC to a new all-time high, taking the larger crypto market along with it.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/shiba-inu-shib-price-prediction-november-2023-tbt68433.html">https://thebittimes.com/shiba-inu-shib-price-prediction-november-2023-tbt68433.html</a></p>

Shiba Inu (SHIB) Price Prediction: November 2023

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