{"id":560235,"date":"2024-11-11T17:00:11","date_gmt":"2024-11-11T17:00:11","guid":{"rendered":"https:\/\/uniquehot.com\/?p=560235"},"modified":"2025-06-11T07:49:42","modified_gmt":"2025-06-11T07:49:42","slug":"shiba-inu-price-prediction","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/shiba-inu-coin\/shiba-inu-price-prediction\/","title":{"rendered":"Shiba Inu Price Prediction: Machine Learning Algorithm Reveals December Target"},"content":{"rendered":"

The crypto market has experienced somewhat of a resurgence in recent times. <\/span>Shiba Inu (SHIB)<\/span><\/a>\u00a0happens to be one of the altcoins that many <\/span>seem to have their eyes on<\/span><\/a> during this period. And if the prediction of this machine learning algorithm is anything to go by, it would seem that these <\/span>SHIB holders<\/span><\/a> are well positioned for more profitable times ahead.<\/span><\/p>\n

SHIB\u2019s Projected Price By December<\/h2>\n

According to <\/span>data<\/span><\/a> from the price prediction algorithm on the crypto analytics platform CoinCodex, SHIB\u2019s price is predicted to hit $0.000009534 by December 11. Such price action will represent about a 10% increase from its <\/span>current price<\/span><\/a>.\u00a0<\/span><\/p>\n

Related Reading: Bitcoin Ready To Take-Off? Analyst Who Predicted $37,000 Reveals What\u2019s Next<\/a><\/div>\n

Meanwhile, the sentiment around the token continues to be bullish, which suggests that many expect the <\/span>token to rally further<\/span><\/a> despite the impressive gains it has already recorded.\u00a0<\/span><\/p>\n

With such a bullish sentiment, CoinCodex\u2019s prediction seems more attainable as the ecosystem could see <\/span>more whales and retail investors<\/span><\/a> jump in on the token. If that happens, it could further add to the <\/span>buying pressure<\/span><\/a>, an important metric to determine if SHIB could continue riding on this momentum to attain CoinCodex\u2019s prediction by December.<\/span><\/p>\n

In line with the bullish sentiment, CoinCodex noted that 24 technical analysis indicators are signaling bullish signals, with only a mere 4 indicators signaling bearish signals. Based on its forecast, the platform predicts that now remains a <\/span>good time to buy<\/span><\/a> the meme coin despite the <\/span>impressive gains it has already recorded<\/span><\/a>.\u00a0<\/span><\/p>\n

Another important metric that CoinCodex highlighted was the fact Shiba Inu\u2019s RSI value currently stands at around 63.05, indicating that the token is neither oversold nor overbought. As to the exact time to buy the token, investors might be able to take a cue from CoinCodex\u2019s five-day prediction as the platform expects a correction to around $0.000008008.\u00a0<\/span><\/p>\n

The Fundamentals Are Aligning For Shiba Inu<\/h2>\n

The Shiba Inu ecosystem has continued to record interesting developments that suggest that the <\/span>fundamentals are as bullish<\/span><\/a> as the charts and technical analysis. Most recently, the SHIB non-custodial wallet was <\/span>launched<\/span><\/a> in a bid to promote the ecosystem\u2019s vision of a <\/span>decentralized state<\/span><\/a> and enhance the crypto experience of Shibizens.\u00a0<\/span><\/p>\n

Related Reading: MicroStrategy\u2019s $4.6 Billion Bitcoin Bet Pays Off, Here\u2019s How Much It\u2019s Worth Now<\/a><\/div>\n

Interestingly, the wallet is equipped with certain features that address the fears of using a non-custodial wallet. One of them happens to be a feature that allows users to recover their tokens even if they were to forget their seed phrase. The wallet also integrated Web3Auth to make the user onboarding experience effortless and straightforward.<\/span><\/p>\n

At the time of writing, SHIB is trading at around $0.000009465, up by over 14% in the last 24 hours, according to <\/span>data<\/span><\/a> from CoinMarketCap.\u00a0<\/span><\/p>\n

\"Shiba<\/p>\n

SHIB crosses $0.0000092 | Source: SHIBUSD on Tradingview.com<\/a><\/pre>\n
Featured image from Times Tabloid, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
The crypto market has experienced somewhat of a resurgence in recent times. Shiba Inu (SHIB)\u00a0happens to be one of the altcoins that many seem to have their eyes on during this period. And if the prediction of this machine learning algorithm is anything to go by, it would seem that these SHIB holders are well positioned for more profitable times ahead. SHIB\u2019s Projected Price By December According to data from the price prediction algorithm on the crypto analytics platform CoinCodex, SHIB\u2019s price is predicted to hit $0.000009534 by December 11. Such price action will represent about a 10% increase from its current price.\u00a0 Related Reading: Bitcoin Ready To Take-Off? Analyst Who Predicted $37,000 Reveals What\u2019s Next Meanwhile, the sentiment around the token continues to be bullish, which suggests that many expect the token to rally further despite the impressive gains it has already recorded.\u00a0 With such a bullish sentiment, CoinCodex\u2019s prediction seems more attainable as the ecosystem could see more whales and retail investors jump in on the token. If that happens, it could further add to the buying pressure, an important metric to determine if SHIB could continue riding on this momentum to attain CoinCodex\u2019s prediction by December. In line with the bullish sentiment, CoinCodex noted that 24 technical analysis indicators are signaling bullish signals, with only a mere 4 indicators signaling bearish signals. Based on its forecast, the platform predicts that now remains a good time to buy the meme coin despite the impressive gains it has already recorded.\u00a0 Another important metric that CoinCodex highlighted was the fact Shiba Inu\u2019s RSI value currently stands at around 63.05, indicating that the token is neither oversold nor overbought. As to the exact time to buy the token, investors might be able to take a cue from CoinCodex\u2019s five-day prediction as the platform expects a correction to around $0.000008008.\u00a0 The Fundamentals Are Aligning For Shiba Inu The Shiba Inu ecosystem has continued to record interesting developments that suggest that the fundamentals are as bullish as the charts and technical analysis. Most recently, the SHIB non-custodial wallet was launched in a bid to promote the ecosystem\u2019s vision of a decentralized state and enhance the crypto experience of Shibizens.\u00a0 Related Reading: MicroStrategy\u2019s $4.6 Billion Bitcoin Bet Pays Off, Here\u2019s How Much It\u2019s Worth Now Interestingly, the wallet is equipped with certain features that address the fears of using a non-custodial wallet. One of them happens to be a feature that allows users to recover their tokens even if they were to forget their seed phrase. The wallet also integrated Web3Auth to make the user onboarding experience effortless and straightforward. At the time of writing, SHIB is trading at around $0.000009465, up by over 14% in the last 24 hours, according to data from CoinMarketCap.\u00a0 SHIB crosses $0.0000092 | Source: SHIBUSD on Tradingview.com Featured image from Times Tabloid, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":560244,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[92559],"tags":[6664,14690,83668,89178,87388,84473,83667,89157,84562,84558],"class_list":["post-560235","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-shiba-inu-coin","tag-crypto","tag-crypto-news","tag-shib","tag-shib-news","tag-shib-performance","tag-shib-price","tag-shiba-inu","tag-shiba-inu-news","tag-shibusd","tag-shibusdt"],"acf":[],"yoast_head":"\nShiba Inu Price Prediction: Machine Learning Algorithm 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Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/uniquehot.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Shiba Inu Price Prediction: Machine Learning Algorithm Reveals December Target","url":"http:\/\/uniquehot.com\/news\/shiba-inu-coin\/shiba-inu-price-prediction\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/shiba-inu-coin\/shiba-inu-price-prediction\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/Shiba-Inu-price-prediction.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/Shiba-Inu-price-prediction.jpeg?fit=1000%2C667"},"articleSection":"Shiba Inu Coin","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["crypto","crypto news","shib","shib news","shib performance","shib price","shiba inu","shiba inu news","shibusd","shibusdt"],"dateCreated":"2024-11-11T17:00:11Z","datePublished":"2024-11-11T17:00:11Z","dateModified":"2025-06-11T07:49:42Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Shiba Inu Price Prediction: Machine Learning Algorithm Reveals December Target\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/shiba-inu-coin\\\/shiba-inu-price-prediction\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/shiba-inu-coin\\\/shiba-inu-price-prediction\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/Shiba-Inu-price-prediction.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/Shiba-Inu-price-prediction.jpeg?fit=1000%2C667\"},\"articleSection\":\"Shiba Inu Coin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"crypto\",\"crypto news\",\"shib\",\"shib news\",\"shib performance\",\"shib price\",\"shiba inu\",\"shiba inu news\",\"shibusd\",\"shibusdt\"],\"dateCreated\":\"2024-11-11T17:00:11Z\",\"datePublished\":\"2024-11-11T17:00:11Z\",\"dateModified\":\"2025-06-11T07:49:42Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/Shiba-Inu-price-prediction.jpeg?fit=1000%2C667","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/560235"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=560235"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/560235\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/560244"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=560235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=560235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=560235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}