As the cryptocurrency market rides out its most recent wave, with Bitcoin (BTC) recently hitting a new all-time high (ATH) after briefly topping $69,000, the ripple effect is being felt across the entire sector.
Shiba Inu (SHIB), a notable player in the decentralized finance (DeFi) space, has been part of this bullish trend, echoing the market’s overall positive sentiment.
Machine learning and artificial intelligence (AI) algorithms alone forecast a further increase for the token, setting SHIB to reach $0.000043 by March 31, per the data acquired on March 5, 2024.
SHIB 1-day price chart. Source: Finbold
Despite this slight decline, it has grown 219.35% over the last week.
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