BlockNews
FOLLOW ON X
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
Home CRYPTO

Shiba Inu’s Price Prediction for Thanksgiving 2024

by Drop Gorn
November 16, 2024
in CRYPTO
Reading Time: 3 mins read
A A
65
SHARES
1.1k
VIEWS
Share on XShare in TelegramShare on Reddit
  • Shiba Inu (SHIB) witnessed a major surge of over 20% in the past week, reaching a high of $0.00003004, but has since corrected by nearly 10%.
  • A significant movement of 4 trillion SHIB tokens worth around $99 million occurred between two unidentified wallets, potentially indicating a desire to sell or change positions.
  • According to data from CoinCodex, Shiba Inu is predicted to trade at around $0.00002924 on Thanksgiving day, November 28, 2024.

The Shiba Inu cryptocurrency has seen significant price fluctuations recently. In this article, we’ll examine Shiba Inu’s recent performance and make a prediction for where its price could go on Thanksgiving Day 2024.

Shiba Inu’s Recent Price Action

  • Entered top 10 cryptos and surged over 20% last week
  • Hit a high of $0.000003004 before pulling back
  • Currently trading around $0.000002373 after 10% drop
  • Daily trading volume declined by 50% to $179 billion

Potential Roadblocks For Further Gains

  • Part of broader market correction impacting prices
  • Whale movement sparked concern – 4 trillion SHIB tokens worth $99 million transferred between wallets
  • Could signal intent to sell and create volatility

Thanksgiving 2024 Price Prediction

  • According to CoinCodex, Shiba Inu will trade at $0.000002924 on Thanksgiving 2024
  • Slight increase from current levels
  • Further gains possible if market recovers and new rally begins
  • Bullish Thanksgiving predicted, but only modest upside projected

Conclusion

After its recent rally, Shiba Inu looks poised to see limited upside by Thanksgiving 2024. While predictions call for a small increase from current prices, SHIB still faces potential resistance from broad market forces and whale holdings. Further gains beyond the holiday may require renewed momentum and positive developments in the broader crypto industry.

Tags: BlockchainCoinCodexcryptoShiba Inu
Tweet16ShareShare
Previous Post

FLOKI Price Set to Skyrocket With Promising Market Indicators and Potential Coinbase Listing

Next Post

Experts Predict Massive PEPE Coin Growth But Advise Caution On Potential ‘Sell the News’ Event

DON'T MISS THESE! HOT OFF THE PRESS

Toncoin and Telegram: The Sleeping Giant of 2025?
BITCOIN

Toncoin and Telegram: The Sleeping Giant of 2025?

July 1, 2025
Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL
BITCOIN

Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL

July 1, 2025
SEC Plans Shortcut for Crypto ETFs With New Listing Rules
CRYPTO

SEC Plans Shortcut for Crypto ETFs With New Listing Rules

July 1, 2025
Connecticut Bans Bitcoin and Crypto for Government Funds
BITCOIN

Connecticut Bans Bitcoin and Crypto for Government Funds

July 1, 2025
Shiba Inu: Turning $3,000 into $10,000 – The Math Behind the Meme
CRYPTO

Shiba Inu: Turning $3,000 into $10,000 – The Math Behind the Meme

July 1, 2025
FARTCOIN Surges 148%—Is the Meme Just the Beginning?
CRYPTO

FARTCOIN Surges 148%—Is the Meme Just the Beginning?

July 1, 2025
Load More

Related News

Toncoin and Telegram: The Sleeping Giant of 2025?

Toncoin and Telegram: The Sleeping Giant of 2025?

July 1, 2025
Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL

Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL

July 1, 2025
SEC Plans Shortcut for Crypto ETFs With New Listing Rules

SEC Plans Shortcut for Crypto ETFs With New Listing Rules

July 1, 2025
Donald Trump Threatens Elon Musk with DOGE Audit

Donald Trump Threatens Elon Musk with DOGE Audit

July 1, 2025
Jerome Powell Says July May be Too Early for Rate Cuts, But Doesn’t Rule it Out

Jerome Powell Says July May be Too Early for Rate Cuts, But Doesn’t Rule it Out

July 1, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano Chainlink China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • HOME
  • CRYPTO
  • MEMECOINS
  • TECHNOLOGY
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.