As of now, the real-time Shiba Inu to USD price is $0.0000088 USD. Our recent Shiba Inu price forecast suggests a potential 7.26% increase, reaching $0.000009412 by January 26, 2024. However, it’s essential to analyze the market sentiment and indicators.
Technical indicators signal a Bearish Bullish 34% market sentiment for SHIB, with the Fear & Greed Index displaying a neutral score of 48. Over the last 30 days, SHIB has experienced 13 green days out of 30 (43%) and a 5.68% price volatility.
Looking at the historical data, the current price of Shiba Inu stands at $0.000009, ranking SHIB as No. 17 in the entire crypto ecosystem. With a circulation supply of $5,236,467,193.47 and a market cap of 589,290,313,160,035 SHIB, the crypto has witnessed a $0.00000027 increase in the past 24 hours.
Shiba Inu Stats: Is the Neutral Phase Ending?
In the last 7 days, Shiba Inu has shown a positive upward trend, boasting a 6.89% increase. This recent growth, coupled with a month-long surge of 19.08%, positions SHIB as a potentially lucrative investment.
Looking ahead to 2024, technical analysis predicts a minimum SHIB cost of $0.00000526 and a maximum of $0.00000783, with an average trading price around $0.0000104. However, investors should note a potential ROI of -13%, urging caution in their investment decisions.
For those eyeing the immediate future, the SHIB price forecast for January 2024 suggests an average rate of $0.00000879. Analysts anticipate minimum and maximum prices at $0.00000816 and $0.00000941, respectively, with a potential ROI of 4.6%.
Shiba Inu’s journey has been marked by volatility, presenting both risks and opportunities. As with any investment, it’s crucial to conduct thorough research, consider expert opinions, and monitor market trends. Whether you’re a seasoned investor or a newcomer, understanding the potential ROI of Shiba Inu by the end of January 2024 will be key to navigating the crypto rollercoaster.