Shiba Inu: AI Predicts SHIB's Price for December 1, 2024
The cryptocurrency market is facing a correction at the moment. The dip follows Bitcoin’s (BTC) decline to just below $93,000. The global crypto market cap has dipped 2.9% in the last 24 hours to $3.35 trillion. Shiba Inu (SHIB) follows the market trend, facing a 2.3% correction in the daily charts and a 0.9% correction in the 14-day charts. Also Read: Amazon Stock (AMZN) Climbs 3%: Why is Amazon Up Today? Despite the dip, SHIB continues to maintain some gains in the other time frames. The asset is up 1.7% in the weekly charts, 44.49% in the monthly charts, and 198.4% since late November 2023. Source: CoinGecko Why Is The Crypto Market Down? The current market dip could be due to increased volatility as Bitcoin (BTC) hit a new all-time high of $99,645.39 on Nov. 22, 2024. Market participants may have booked profits as the original crypto inched closer to the $100,000 mark. Also Read: Ethereum Price Breakout Imminent – Here’s What it Means for Altcoin Season According to Columbia B...