Shiba Inu Price Prediction: Shiba Inu Slides 3% As Whales Dump 801 Billion SHIB, While Analysts Say This AI Pepe Hybrid Might 100X

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Shiba Inu Price
Shiba Inu Price

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The Shiba Inu price dropped 3% in the last 24 hours to trade at $0.00001096 as of 5:00 a.m. EST on trading volume that went down 30% to $275.4 million.

The second-largest meme coin by market cap saw its price dip after crypto whales dumped 801 billion SHIB tokens, flooding the market with extra SHIB tokens.

Shiba Inu Price Prediction

Despite the SHIB dump by whales, the meme coin’s price is once again attempting to recover, suggesting that the market trend might be ready for a major reversal.

SHIB’s Bollinger Bands remain fairly wide, although not nearly as much as they were nine hours ago, when the price saw a sharp drop from $0.0000100 to $0.00001030, only to bounce back up.

In the following hours, SHIB saw an increase to $0.0000111, only to then correct slightly to its current value. Right now, its price is between the lower band and the middle point between the two bands, as the resistance at $0.000011 is keeping it from progressing.

Shiba Inu Price Prediction

SHIB/USDT chart analysis (Source: TradingView)

The meme coin’s Relative Strength Index (RSI) has found similar temporary stability after seeing great volatility in the past 24 hours. Just as it managed to move up from the depths of the oversold zone, and climb to 60, the SHIB dump pushed it right back in. However, the project recovered quickly, and traders who moved in to buy the dip even pushed the RSI to 80, deep in the overbought area.

Since then, another sell-off took place, pushing the RSI to the neutral zone, and it has been fluctuating a few points above and below 50 ever since.

Promising Alternative To Shiba Inu

With SHIB currently being highly volatile, investors looking for the promise of greater profits have started buying MIND of Pepe (MIND).

The biggest advantage of this project is that it is currently still in ICO. As such, its price is not affected by the current market volatility and has yet to see its big post-launch surge.

MIND of Pepe is a mix of meme coins and AI Agents, operating as a self-sovereign real-time intelligence capable of performing hive-mind analysis.

This set of capabilities allows it to use its autonomous X account to monitor conversations across Crypto Twitter and spot sentiment shifts, and even the formation of new trends, long before they fully emerge and become apparent to everyone. Best of all, its findings will be exclusively available to its community members, warning them of what’s to come, and giving them an opportunity to capitalize on the change in trend.

The project could even help shape conversations in the crypto industry and speed up its evolution moving forward, which is where its real value lies. Many have recognized its potential, which is why they have rushed to buy its MIND tokens while they’re still price at only $0.0036965. Its ICO has raised $7.89 million so, but many experts think this is only the beginning.

99Bitcoins, a popular crypto channel on YouTube with over 725K subscribers, says MIND has the potential to soar 100X after launch.

Interested investors will want to buy before the next presale price hike in just over 12 hours to lock in the best deal.

Visit the MIND of Pepe website.

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