Shiba

Shiba Inu

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/shiba-inu-faces-significant-price-correction/" data-wpel-link="internal">Shiba Inu Faces Significant Price Correction</a><br></p>
<p style="text-align: justify"><strong>Shiba Inu</strong> (SHIB) is experiencing a major price correction. While the charts reflect that a large portion of the gains made by SHIB earlier this year has been erased, <a href="https://newslinker.co/category/ai/" target="_blank" rel="noopener" data-wpel-link="exclude">AI</a> algorithms predict that the current decline may not be the end. So, what is the current status of SHIB, and what exactly does AI say about SHIB’s future?</p> 
<h2 style="text-align: justify" id="how-much-will-shiba-inu-be-worth">How Much Will Shiba Inu Be Worth?</h2> 
<p>Until early April, Shiba Inu was trading at $0.00003, but its price movement has continued to show a noticeably negative trend over the past few weeks. Initially, it fell below the critical support level at $0.00002 and then dropped below $0.000017 with the bearish trend in the <a href="https://en.coin-turk.com/former-binanceus-ceo-transfers-to-this-cryptocurrency-company/" data-wpel-link="internal">crypto </a><a href="https://finance.coin-turk.com/" data-wpel-link="exclude">market</a>.</p> 
<p style="text-align: justify">According to the latest data from June 24, AI algorithms from the cryptocurrency prediction platform <strong>PricePredictions</strong> suggest that SHIB’s price could drop to $0.000014 by July 1, 2024, and may decline even further.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-364676" src="https://coin-turk.com/wp-content/uploads/2024/06/shib-coin-yorum-coin-turk-com.png" alt="" width="768" height="333"></p> 
<p style="text-align: justify">Considering many indicators, the AI algorithm predicts that Shiba Inu could experience a 16.52% drop from its current price.</p> 
<h2 style="text-align: justify" id="shiba-inu-price-outlook">Shiba Inu Price Outlook</h2> 
<p style="text-align: justify">As of the time of writing, the market’s number two meme coin continues to trade at $0.00001677, representing a 6.70% drop over the last 24 hours. The decline over the past 7 days has reached 15.32%, while monthly reviews show a 32.06% loss. Despite this decline, it is worth noting that SHIB has seen a 62.44% increase since the beginning of the year.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-364677" src="https://coin-turk.com/wp-content/uploads/2024/06/shiba-inu-coin-turk-com-3.png" alt="" width="766" height="273"></p> 
<p style="text-align: justify">Meanwhile, events that could significantly impact the price continue to unfold in the market. The actions of whales, who hold market dominance, are drawing attention. A SHIB whale transferred 1.08 trillion SHIB to the Binance exchange, which could have a negative impact on the market.</p> 
<p><strong>SHIB’s</strong> market cap has dropped to $9.7 billion after a 6.52% decline, yet it still holds the second position in the meme coin volume ranking. The 24-hour trading volume has risen to $296 million after a 129% increase.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/shiba-inu-faces-significant-price-correction/" data-wpel-link="internal">Shiba Inu Faces Significant Price Correction</a></h5>

Shiba Inu Faces Significant Price Correction

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