As overall market interest shifts towards meme coins, top coins such as DOGE and Shiba Inu are in the spotlight. SHIB price is currently at $0.000030, which has been declining since a huge surge in early March.
Shiba Inu trading at this psychological level reflects a massive 210% rise from the mid-February low of $0.00000967. With continued retests and potential bounces, the second-largest meme coin is setting the stage for the next surge.
As a market expert with various SHIB price predictions targeting $0.10 this year, let’s analyze and predict April’s performance. We also asked the latest version of ChatGPT 4.0 to predict the performance of Shiba Inus in April.
Shiba Inu price performance
With a market capitalization of over $17 billion, Shiba Inu holds the position of the second largest meme coin. SHIB price is up 116% in the past 30 days amid a market-wide frenzy to capture the next big rally in meme coins.
Trading View
On the weekly chart, a huge rally in just two weeks has undermined the bearish phase of 2023. The upcoming altcoin season is poised to hit new all-time highs as meme coins trade at levels last seen in April 2022.
According to Fibonacci levels and Shiba Inu’s recent performance, the meme coin could hit $0.000054 in April.
To support our analysis, we shared this analysis and price chart with ChatGPT. Here’s what AI predicted for Shiba Inu in April 2024:
ChatGPT predicts massive surge in Shiba Inus this April
Similar to our analysis, the AI takes a more optimistic view, predicting strength and even bigger leaps for the Shiba Inu this April. With a potential high of $0.00006293, the meme coin could reach an average of $0.00003600 in April. Therefore, in the coming weeks, SHIB price may surge with trend momentum.