Saturday, July 26, 2025
LBNN
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • Documentaries
No Result
View All Result
LBNN

Can Shiba Inu Delete a Zero by Halloween 2023?

Simon Osuji by Simon Osuji
October 20, 2023
in Business
0
Can Shiba Inu Delete a Zero by Halloween 2023?
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

Shiba Inu’s (SHIB) performance in 2023 has been somewhat lackluster. The token gained a zero after its decimal point in May and is struggling to remove it. Although Shiba Inu briefly deleted the zero in mid-August, price levels did not hold. SHIB’s downward trajectory has held on for most of this year, and its price recently fell below the $0.000007 level. However, investors and fans are hopeful the dog-themed crypto will regain its lost momentum.

Also Read: Shiba Inu: Can SHIB Rally 3X By Christmas 2023?

Halloween is a little less than two weeks away. Moreover, around this time in 2021, SHIB reached its all-time high of $0.00008616. Hence, late October is usually a nostalgic time for many Shiba Inu (SHIB) enthusiasts. However, SHIB’s performance this October has been anything but inspiring. The token is down by 33.4% since October 2022 and has slumped by 8.1% over the previous month.

This brings us to the question…can Shiba Inu delete a zero again?

Can SHIB reach $0.00001 by Halloween?

Shiba Inu
Source – Phemex

According to the machine learning tool from PricePredictions, SHIB will continue to trade at $0.000006 levels till Oct. 31. Moreover, the platform predicts that SHIB will continue on a bearish path till at least Nov. 19.

Source: PricePredictions

Furthermore, according to the data on IntoTheBlock, large transactions for SHIB have fallen by 0.15%. Whale accounts hold most of Shiba Inu’s (SHIB) supply. Hence, the fall in large transactions is not a good sign for the asset’s price.

Also Read: Shiba Inu: Can SHIB Reach $0.01 in Six Months?

Moreover, SHIB has constantly formed lower highs and lower lows, limiting bullish growth. Therefore, it is unlikely that SHIB will delete a zero anytime soon, let alone by Halloween 2023. Furthermore, analysis firm Changelly does not anticipate SHIB to delete a zero before 2024. Moreover, the memecoin is unlikely to rally without the larger crypto market. Hence, it makes sense that SHIB will likely delete a zero in 2024 when the larger crypto market is also expected to spike.

Source link

Related posts

Nigeria strengthens military ties with breakaway Sahel states amid insecurity

Nigeria strengthens military ties with breakaway Sahel states amid insecurity

July 26, 2025
Top 10 copper exporting countries in Africa

Top 10 copper exporting countries in Africa

July 26, 2025
Previous Post

Why country is one of best in the world for virtual working

Next Post

How to Renegotiate an Offer Lower than You Expected

Next Post
How to Renegotiate an Offer Lower than You Expected

How to Renegotiate an Offer Lower than You Expected

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

PISLM initiates regional response to hurricane Beryl

PISLM initiates regional response to hurricane Beryl

1 year ago
Aker Ice cracks Arctic offshore windfarm vessel challenge

Aker Ice cracks Arctic offshore windfarm vessel challenge

12 months ago
Exposed United Nations Database Left Sensitive Information Accessible Online

Exposed United Nations Database Left Sensitive Information Accessible Online

9 months ago
Asian stocks fall before Fed, China concern weighs: Markets wrap

Asian stocks fall before Fed, China concern weighs: Markets wrap

2 years ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0
  • Privacy Policy
  • Contact

© 2023 LBNN - All rights reserved.

No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • Documentaries
  • Quizzes
    • Enneagram quiz
  • Newsletters
    • LBNN Newsletter
    • Divergent Capitalist

© 2023 LBNN - All rights reserved.