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Machine learning algorithm predicts SHIB price for January 31, 2025

Shiba Inu ( SHIB ) currently trades at $0.00002148, reflecting a 5.07% rise in the past 24 hours, lifting its market capitalization to $12.65 billion. Despite this short-term rally, the token has experienced a 21.80% decline over the past month and remains down 10.67% over the past week. Once heralded for briefly entering the top 10 cryptocurrencies by market cap in 2024, SHIB appears to have entered a corrective phase. Its 2024 high of $0.000035 marked a peak in speculative fervor, but after climbing back to $0.000032 in December, the token now seems more likely to breach the $0.00002 threshold than reclaim the $0.00003 mark, absent a significant shift in sentiment or market catalysts. One of the challenges facing SHIB is the rapid rise of competing meme tokens such as WIF, PEPE, Fartcoin, PudgyPenguin, and PNUT. Many of these tokens, while sharing the meme-like branding that defined SHIB’s early success, have adopted distinctive narratives or offered specific incentives that appeal to niche communities. Key Technical Levels and AI Predictions To assess Shiba Inu’s near-term trajectory, Finbold consulted PricePredictions , a platform that leverages an advanced machine learning algorithm incorporating a range of technical indicators. These include moving average convergence divergence (MACD) to measure trend strength, the relative strength index (RSI) to gauge whether the asset is overbought or oversold, and Bollinger bands to track volatility and price deviations. According to PricePredictions, SHIB is expected to trade at $0.00002158 by the end of the month. SHIB price prediction. Source: PricePredictions The tokens has a key support level at $0.00001923 and should the token fail to hold this level, further downside could ensue as traders exit positions, anticipating deeper corrections. Resistance is seen at $0.00002286, a price ceiling that SHIB has struggled to break decisively amid market uncertainty. Until the token consolidates or crosses this resistance, sentiment is likely to remain cautious. Analysts weigh in on SHIB Market analysts remain divided on Shiba Inu’s future trajectory. Prominent analyst Alan Santana recently reinforced his bullish outlook, stating: “Shiba Inu’s chart and bullish bias remain intact. We had six days of bearish action that changed nothing for the bigger picture… SHIB’s long-term trajectory is upward.” Santana highlighted the token’s series of higher highs and higher lows, framing the recent price movements as part of a healthy consolidation phase preceding what he described as “the strongest advance in four years.” He boldly predicted that SHIB would not only reach its previous all-time high but break beyond it. #SHIB #Shiba #SHIBUSDT #ShibaInu | #Altcoins ☑️Shiba Inu Update (Including 543% Target) Shiba Inu`s chart and bullish bias remains intact. We had six days of bearish action that changed nothing for the bigger picture, the smaller picture and SHIBs long-term trajectory; we are… pic.twitter.com/fMOFx3glWU — Alan Santana (@lamatrades1111) January 12, 2025 However, this optimistic forecast seems increasingly at odds with current market dynamics. SHIB’s peak price of $0.00008616 in October 2021 coincided with an all-time high market cap of $42.25 billion—a period fueled by retail-driven euphoria and minimal macroeconomic headwinds. Today, with a total supply of 589.5 trillion SHIB and a circulating supply of 589.25 trillion SHIB, surpassing such heights would require a seismic increase in demand or a radical reduction in supply. For SHIB to reach $0.00008616 (its 2021 all-time high price) with the current supply, the market cap would need to be approximately $50.77 billion, which is indeed higher than the 2021 market cap of $42.25 billion (circulating supply of 549 trillion SHIB). Since market cap is the circulating supply multiplied by the price, an increase in price to $0.00008616 would require billions of dollars in new investment. Featured image via Shutterstock The post Machine learning algorithm predicts SHIB price for January 31, 2025 appeared first on Finbold . Bitcoin.com

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XYZVerse, PENGU, and BONK: 3 Meme Coins That Could Make You a Millionaire by Summer 2025

The post XYZVerse, PENGU, and BONK: 3 Meme Coins That Could Make You a Millionaire by Summer 2025 appeared first on Coinpedia Fintech News Three meme coins are turning heads with the promise of massive returns by summer 2025. XYZVerse, PENGU, and BONK are gaining momentum and sparking curiosity. Could these digital tokens be the unexpected path to a millionaire’s fortune? Explore the potential of these playful assets and see how they might reshape the crypto landscape. Trump’s Victory Sparks Crypto Chaos: $XYZ Meme Coin Ready to Deliver a 99,900% Knockout Donald Trump’s election victory has triggered a seismic shift in the crypto market, setting the stage for a bull run like no other . As the dust settles, major coins limp forward with uninspiring double-digit gains, while meme coins are stealing the show . PNUT’s recent 4,500% surge? FRED’s 6,000% explosion? Ancient history, buried in the ashes of short-lived hype. These coins buckled under selling pressure, leaving FOMO-ridden investors licking their wounds. But the crypto battlefield doesn’t wait for the weak — a new titan has emerged with plans to obliterate profit records and deliver an earth-shaking 99,900% surge . Take the XYZ Side – The Undisputed Champion of Meme Coins $XYZ Breaks Into The Ring to Knockout Meme Coin Legends Meet $XYZ – the first-ever all-sports memecoins for true crypto degens hungry for 1000X profits . This is the token for those who thrive on the thrill of competition . As Trump takes the reins, the crypto market is set to erupt so the competition is getting fierce . Only the strongest tokens can survive in this no-mercy arena. Here comes the dawn of a crypto era for those with balls of steel — the guys like Joe Rogan and Dana White — who’d proudly rally behind Trump’s team. With such true men of business on board, there is no place for old pussy meme coins, it’s time for real brutal coins . Fueled by the sports mentality , the $XYZ token has emerged as the ultimate contender ready to crush competitors and rocket to the moon on Elon Musk’s mission. $XYZ is on its way to the winner’s podium to become a badge of honor for those who live and breathe sports and crypto. $XYZ Already Delivers Even Before Hitting the Market The $XYZ presale is underway, providing access to the token at a special pre-listing price. Launch Price : $0.0001 Price Now : $0.001333 In just a couple of months, $XYZ already soared over 1330%! Next Stage : $0.002 (+66% jump incoming) Final Knockout Target : $0.1 From launch to the token generation event, $XYZ is targeting a mind-blowing 99,900% surge! If you’re not in, you’re out. The $XYZ presale is already smashing through stages with the speed of a champion’s knockout blow. Join $XYZ Presale Now and See Your Pennies Grow Into Millions! PENGU Coin: Uniting the Pudgy Penguins Community PENGU is the official coin of Pudgy Penguins, which has become a significant figure in the crypto world with an influential community. The Pudgy Penguin has emerged as a cultural icon, featured by large companies, appearing in ETF commercials, and amassing millions of followers with over 50 billion views. PENGU enables the expanding fanbase of Pudgy Penguins, as well as the vast audience outside of crypto who encounter and share the Pudgy Penguin daily, to join The Huddle. As a symbol of community, memes, and positive vibes, PENGU seeks to foster engagement and participation within its community. Its association with a well-recognized and culturally significant mascot enhances its visibility and appeal. In the current market cycle, the strong community backing and widespread recognition of the Pudgy Penguin brand may make PENGU an attractive option for those interested in crypto assets linked to community and cultural phenomena. BONK: A Community-Driven Memecoin in the Solana Ecosystem BONK is a memecoin built on the Solana blockchain, featuring a Shiba Inu mascot. It aims to empower the Solana community by redistributing power from venture capital-backed tokens. After its listing on Coinbase, BONK surged over 100%. The coin serves as a “community coin,” with 50% of its supply airdropped to participants in Solana’s NFT and DeFi sectors. As of mid-December 2023, BONK was the third-largest memecoin by market capitalization and one of the top gainers, with a year-to-date increase of over 10,000%. BONK is integrated into the Solana ecosystem, participating in a growing network of decentralized applications. The launch of BonkSwap, a decentralized exchange, highlights its involvement in the space. Despite challenges like a high total supply and the volatility typical of memecoins, BONK’s recent growth and ecosystem integration make it a notable player. Its attractiveness in the current market cycle depends on various factors, including market sentiment and developments within the Solana platform. Conclusion XYZVerse merges sports and memes to create a unique token, and alongside PENGU and BONK, it could be a standout in the bullish 2025 crypto market. You can find more information about XYZVerse (XYZ) here: Site , Telegram , X Bitcoin.com