Shiba Inu has emerged as one of the most successful meme coins out there. With head-to-head competition with Dogecoin, the Shiba Inu team has been working relentlessly on different projects for the community.
Even though 2022 was not the best year for cryptocurrencies in terms of price, 2023 began with a bang. The whole cryptocurrency market has displayed double-digit gains over the last two weeks. SHIB, however, was exhibiting slower gains as opposed to other cryptocurrencies.
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With the cryptocurrency prices trading in the red amidst the lawsuit against Binance, here is our SHIB price prediction for mid-April 2023.
Shiba Inu price prediction for mid-April 2023
Shiba Inu’s price currently stands at $0.00001127, with a 1.15% drop in value over the last 24 hours.
According to Changelly analysts, SHIB is expected to trade at a minimum of $0.0000135686 and a maximum of $0.0000150085 by mid-April 2023. Experts predict that the average trading price will be $0.0000140786. SHIB has fallen 87.25% since its all-time high of $0.00008845 on October 28, 2021.
However, the market is extremely volatile at the moment and the price can go in either direction depending on the market sentiment and other factors.