With the cryptocurrency sector switching its previous gains for trading in the red and wiping $230 billion in a day from its market capitalization, Shiba Inu (SHIB) has followed the bearish sentiment, and machine learning and artificial intelligence (AI) algorithms predict more losses in the near future.
Indeed, SHIB has started to reverse the advances it attained in the past several weeks, dropping well below its most recent all-time high (ATH) of $73,738 it reached on March 14, and it might not even stop there, as per the advanced price projection algorithms consulted on March 19.
SHIB price prediction
Specifically, the flagship decentralized finance (DeFi) asset could continue to decline during March, potentially hitting the price of $0.000025 by April 1, 2024, according to the algorithms deployed by the crypto analytics and forecasting platform PricePredictions.
If this expectation, which relies on indicators like the moving average convergence divergence (MACD), relat
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