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Shiba Inu: AI Sets SHIB Price For 15 October 2024


by Watcher.Guru
Shiba Inu: AI Sets SHIB Price For 15 October 2024

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The Shiba Inu (SHIB) ecosystem rejoiced as the second-largest meme coin surged. SHIB started the new week on a great note, rising by nearly 7% over the past 24 hours. At press time, SHIB was priced at $0.00001843. It looks like the meme coin was slowly embracing the bulls, increasing by 42% over the past 30 days.

Also Read: Ripple (XRP) & Dogecoin (Doge) Price Prediction For Mid-October 2024

SHIB Price Surge And Trading Volume Increase

Source

Alongside its price, the asset’s trading volume witnessed a massive spike. Throughout the last 24 hours, SHIB’s volume reached a high of $490,178,807. This comes after a 78% uptick. In addition, data from CoinGlass revealed that SHIB’s futures also increased dramatically, rising by 26.31% to almost $307 million.

Rise In Open Interest

Furthermore, there has been a 14.65% increase in open interest in SHIB, or nearly $53 million. This significant increase in trading volume and open interest suggests that investor interest is developing and may bring about future price changes.

Also Read: Breaking: UAE Slashes VAT on Crypto Transfers – What It Means for You!

Shiba Inu: Mid-October Prediction

Shiba Inu with lots of money
Image Source: Watcher Guru

While Shiba Inu has started October on a good note, the meme coin will likely continue this trend. In the coming weeks, Changelly reveals that SHIB could be gearing up for double-digit gains. The asset will rise as high as $0.00002749 on October 14, which marks a 58% spike from its current price trend.

On October 15, SHIB will trade around $0.00002536 following a slight decrease. However, this price level is still 44% above its present zone.

Source

The upcoming surge isn’t surprising to investors as October is deemed a bullish month for most assets in the cryptocurrency market. As a result, the SHIB community is betting on how high the meme coin could rise.

Also Read: BRICS: India Makes Major Announcement On U.S. Dollar Usage

Read the article at Watcher.Guru

In This News

Coins

$ 2.43

-3.59%

$ 0.176

-1.46%

$ 0.00...361

$ 0.0000824

$ 0.000269


Share:

In This News

Coins

$ 2.43

-3.59%

$ 0.176

-1.46%

$ 0.00...361

$ 0.0000824

$ 0.000269


Share:

Read More

Shiba Inu Derivatives Market Is Taking Off Again, But What Does This Mean For Price?

Shiba Inu Derivatives Market Is Taking Off Again, But What Does This Mean For Price?

The Shiba Inu derivatives market is again heating up, providing a bullish outlook for...
Could Shiba Inu Triple? Analyst Sees 200% Move Coming

Could Shiba Inu Triple? Analyst Sees 200% Move Coming

According to technical commentary from analyst Javon Marks, Shiba Inu appears to have...

Shiba Inu: AI Sets SHIB Price For 15 October 2024


by Watcher.Guru
Shiba Inu: AI Sets SHIB Price For 15 October 2024

Share:

The Shiba Inu (SHIB) ecosystem rejoiced as the second-largest meme coin surged. SHIB started the new week on a great note, rising by nearly 7% over the past 24 hours. At press time, SHIB was priced at $0.00001843. It looks like the meme coin was slowly embracing the bulls, increasing by 42% over the past 30 days.

Also Read: Ripple (XRP) & Dogecoin (Doge) Price Prediction For Mid-October 2024

SHIB Price Surge And Trading Volume Increase

Source

Alongside its price, the asset’s trading volume witnessed a massive spike. Throughout the last 24 hours, SHIB’s volume reached a high of $490,178,807. This comes after a 78% uptick. In addition, data from CoinGlass revealed that SHIB’s futures also increased dramatically, rising by 26.31% to almost $307 million.

Rise In Open Interest

Furthermore, there has been a 14.65% increase in open interest in SHIB, or nearly $53 million. This significant increase in trading volume and open interest suggests that investor interest is developing and may bring about future price changes.

Also Read: Breaking: UAE Slashes VAT on Crypto Transfers – What It Means for You!

Shiba Inu: Mid-October Prediction

Shiba Inu with lots of money
Image Source: Watcher Guru

While Shiba Inu has started October on a good note, the meme coin will likely continue this trend. In the coming weeks, Changelly reveals that SHIB could be gearing up for double-digit gains. The asset will rise as high as $0.00002749 on October 14, which marks a 58% spike from its current price trend.

On October 15, SHIB will trade around $0.00002536 following a slight decrease. However, this price level is still 44% above its present zone.

Source

The upcoming surge isn’t surprising to investors as October is deemed a bullish month for most assets in the cryptocurrency market. As a result, the SHIB community is betting on how high the meme coin could rise.

Also Read: BRICS: India Makes Major Announcement On U.S. Dollar Usage

Read the article at Watcher.Guru

In This News

Coins

$ 2.43

-3.59%

$ 0.176

-1.46%

$ 0.00...361

$ 0.0000824

$ 0.000269


Share:

In This News

Coins

$ 2.43

-3.59%

$ 0.176

-1.46%

$ 0.00...361

$ 0.0000824

$ 0.000269


Share:

Read More

Shiba Inu Derivatives Market Is Taking Off Again, But What Does This Mean For Price?

Shiba Inu Derivatives Market Is Taking Off Again, But What Does This Mean For Price?

The Shiba Inu derivatives market is again heating up, providing a bullish outlook for...
Could Shiba Inu Triple? Analyst Sees 200% Move Coming

Could Shiba Inu Triple? Analyst Sees 200% Move Coming

According to technical commentary from analyst Javon Marks, Shiba Inu appears to have...