Shiba Inu Price Prediction: SHIB Crashes Over 24% in Last 7 Days, More Pain Ahead?

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February 24th, Shiba Inu Price Prediction: In the next few hours, SHIB is predicted to trade between $ 0.0000228 and $ 0.0000248.

Current Outlook is Neutral (Positive: 33%, Negative: 33%).

2 analysts, volume data, sentiment analysis, whale purchases.

The Current price of Shiba Inu is 0.00002327 which is 6.02% lower than 24 hours.

Shiba Inu attempted a recovery on Wednesday but the coin crashed once again. The reason behind the latest crypto crash is directly linked to the Ukrainian President sharing the news of Putin ordering military action in Ukraine. Shiba Inu in the last 7 days is down by over 25% and has been trading below $0.00003.

With the latest news of the Russian invasion, the crypto market has lost nearly 5% in market cap. The current crypto market cap is $1.62T. Bitcoin on the other hand has been down almost 20% in the last 7 days. It has been trading below $40,000 since last weekend and currently, it is trading just over $35,000 which is the lowest in the last 7 days.

Time Period	Shiba Inu	BTC	Decentraland Mana	Ethereum	Dogecoin
Last 5 Days	-16.12%	-12.17%	-18.37%	-12.45%	-15.12%
YTD	-32.55%	-26.46%	-29.22%	-26.04%	-31.58%

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Interest levels of SHIB had picked up in early February but SHIB has lost momentum over the last few days. The current Russia-Ukraine has affected both stocks as well the crypto market. The interest level of Shiba Inu has sunk and as compared to Dogecoin, the interest level is sinking further.

Past 24 hours, the interest level of Dogecoin saw a slight increase while Shiba experienced a downward trend.

The average Predictions for SHIB for 2022 is 0.0000592. Read: Shiba Inu Price Prediction 2022

Shiba Inu Price Prediction: Today’s Outlook

Indicator	Trend
Price [24 hours]	Lower
Technicals	Sell
Market Cap Rank	Steady
Trading Volumes	Higher
Social Media Buzz	Steady
Whale Purchases (Last 6 Hours)	Higher

Technical Analysis

Read: Cardano Price Prediction

Read about Bitcoin Price Prediction here

SHIB Prediction: Analysis Video

Read about Ethereum Price Prediction

SHIBA Price Prediction: Market Cap and Volume Trends

	Value	Trend
Market Cap Rank	14th	Steady
Current Market Cap	$ 12.8 B	Lower
Volume Traded in Terms of $ Value	$ 1836 M	Higher

Read: Elon Price Prediction

Shiba Inu Price Prediction: How many SHIB Holders are in Profit?

Holders Making Money At Current Price: As per the data by IntoTheBlock

Date	Holders Making Money at this Price	Holders Losing Money at this Price

Feb 24th	39%	56%
Feb 23rd	40%	53%
Feb 22nd	40%	53%
Feb 21st	39%	53%

Holders Composition by Time Held

Greater Than 1 Year	0%
1-12 Months	94%
Less than a Month	6% (-1%)

Latest Shiba Inu Tweets

Originally tweeted by SB Master Chart (@sbmasterchart) on February 24, 2022.

$SHIB Oversold on High Volume (Long Signal) Success Rate: 81.79% (229/280) Average Gain: 2.51% Chart Period: 30

Originally tweeted by Natalie Dormer (@NatalDormer) on February 23, 2022.

#SHIB This chart could be another scenario of #SHIBusdt. First we have an increase to the range of 0.000029 and then F-wave would begin.
#SHIBUSDT

Will Shiba Inu reach 1 cent?

Latest Shiba Inu News

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Read our very detailed daily analysis of Best Cryptocurrency to Invest in 2022.

Shiba Inu Burn Data

Max Total Supply	999,991,814,866,784
Total Shiba Inu Burn From Initial Supply	410,303,216,364,298
Current Shiba Inu Circulating Supply	548,561,136,805,596

Read about Dogecoin Price Prediction here

Is Shiba Coin a Good investment?

The answer is YES, Shiba Coin is a Good Investment. Here are the reasons.

Shiba Inu Struggles To Get Consistent Gains Resulting In Investors Switching To Mpeppe (MPEPE)

30 July 2024

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30 July 2024

Apart from a couple of months last year, the Coin has consistently been delivering above market performance
The Coin has an extremely strong community mindset with million plus holders who take great pride in ownership of the coin. This helps in wider coin adoption and support higher prices.
The Coin is therefore accepted by many companies like AMC (forthcoming)
The coin has been extremely dynamic in adopting to changes that improve Coin utility –DAO, Shibaswap-Defi Platform, Shiboshis – NFTs issued by Shiba Inu and Shibaverse – Metaverse
The coin has also focussed on Burn far more aggressively than most other coins indicating a strong management focus on sustaining the Coin value.

So the building blocks are there for Shib being a Good Investment. However, much of the above is work in progress and hence the risks of failure are much higher than say for Ethereum, Bitcoin or even Mana.

[crypto-donation-box]

Here are 3 good reasons why SHIB is not a great Investment-

Much of the changes are work in progress and according to some analysts, nonsense marketing talk
93% of the coin holders have owned the coin for less than 1 year and a majority haven’t made money in the coin. In that sense it is quite unclear if it is really as strong a community it has made out to be
In fact, just like other coins SHIB too has high level of whale engagement suggesting its performance is also dependent on the whims and fancies of few traders/ investors

Shiba Inu coin price prediction 2023

There are a range of predictions for SHIBA INU in 2023 by various websites and apps. The predictions are 0.00005, 0.00041, 0.0005, 0.001, 0.00005, 0.00004, 0.0002, 0.00007 and 0.0005. The Average Shiba Inu Coin Price Prediction 2023 is 0.0003 with a maximum of 0.001 and a minimum of 0.00004.

Shiba Inu Price Prediction 2025

There are a range of predictions for SHIBA INU in 2025 by various websites and apps. The predictions are 0.07, 0.00054, 0.00013, 0.0014, 0.00007, 0.00014, 0.00017, 0.0002 and 0.000049. The Average Shiba Inu Price Prediction 2025 is 0.008 with a maximum of 0.07 and a minimum of 0.000049.

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Where to Buy Shiba Inu Coin?

Shiba Inu, the Ethereum based Cryptocurrency which is gaining with every passing day. Like most of the Alt coins, Shiba Inu has similar steps to purchase. Here are are the steps for “How To Buy Shiba Inu”:

Finding a crypto exchange that has Shiba Inu coins listed
Create an account with the Exchange
Verify your identity
Fund the Wallet
Make the Purchase

There are several platforms where you can buy Shiba Inu. Few famous exchanges offering Shiba Inu are Binance, Crypto.com, Atomic Wallet, Voyager, SevenB, KuCoin, Public and Coinbase

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.