Shiba Inu: Bullish Outlook
A machine learning algorithm predicts a bright future for Shiba Inu in June 2024. It anticipates a surge towards its previous all-time high of $0.00008, representing a 229% increase from its current value. This bullish outlook suggests that Shiba Inu could reach new heights in the coming months.
Dogecoin: Bearish Sentiment
In contrast to Shiba Inu, the algorithm has a more cautious view of Dogecoin. It projects a price of $0.143 in June 2024, indicating a decline of almost 14% from its current value. This bearish sentiment is also reflected in the algorithm’s short-term prediction of a 1.0% drop in the next five days.
Long-Term Projections
For the longer term, the algorithm predicts a peak of $0.000117 for Shiba Inu in 2025, while Dogecoin is expected to reach $0.72 in the same year. However, both coins are not projected to surpass $1 until 2029, with Dogecoin reaching $1.42 and Shiba Inu reaching $0.000157.
Current Prices
At the time of writing, Shiba Inu is trading at $0.00002557, up 3.82% in the last 24 hours. Dogecoin, on the other hand, has declined 1.44% to $0.16.
