Shiba Inu Price Prediction as SHIB Could Skyrocket to $0.00003000 – Will History Repeat Itself with an 822% October Surge?

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By BitcoinWiki News

Key Takeaways:

– The price of Shiba Inu (SHIB) has increased by 0.5% in the past 24 hours, reaching $0.00000692.
– SHIB is down 5% in a week, 6% in the last 30 days, and 14.5% since the beginning of the year.
– October has historically been a good month for SHIB, with a surge of 822% in October 2021.
– SHIB’s indicators suggest that it remains oversold and could potentially have a recovery rally.
– The altcoin’s 30-day moving average has been below its 200-day average since May, indicating a potential rebound.
– The support level for SHIB has been declining, suggesting a lack of interest from buyers.
– October has historically been a good month for SHIB, but future gains may not be as significant as in the past.
– Other altcoins with strong fundamentals, such as Bitcoin Minetrix (BTCMTX), are also worth considering.
– BTCMTX is a tokenized cloud mining platform that has raised close to $900,000 in its presale.
– BTCMTX allows users to earn mined Bitcoin by staking the BTCMTX token.
– The token will have a total supply of 4 billion, with 1.4 billion available in the presale.
– BTCMTX is currently priced at $0.011 in the presale, with the price increasing in each stage.
– Early investors in BTCMTX could potentially make a profit when the token lists on exchanges.


The price of Shiba Inu (SHIB) has increased by 0.5% in the past 24 hours, reaching $0.00000692 as the wider cryptocurrency market experiences a slight dip. However, SHIB is down by 5% in a week and 6% in the last 30 days. The meme token has lost 14.5% of its value since the beginning of the year. Despite this, October historically has been a good month for SHIB, with a surge of 822% in October 2021. SHIB’s indicators suggest that it is oversold, with the relative strength index below 50 for almost two months and the altcoin’s 30-day moving average remaining below its 200-day average. Although SHIB’s support level has been declining for weeks, signaling a lack of buyers, SHIB’s previous performance in October indicates the potential for significant gains. However, it is important to note that past performance does not guarantee future results. Additionally, there are other altcoins with promising potential, such as Bitcoin Minetrix (BTCMTX), a tokenized cloud mining platform that has raised nearly $900,000 in its presale.

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