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Meme cryptocurrency Shiba Inu (SHIB) is experiencing short-term price volatility, but an artificial intelligence (AI) tool is forecasting that the token will likely see some stability and rally by the end of 2024. At press time, SHIB was trading at $0.00001712, reflecting a 24-hour gain of slightly over 1%. This comes as the token attempts to recover from a sharp drop on October 26, that contributed to its decline of over 6% in the past week. SHIB seven-day price chart. Source: Finbold AI predicts SHIB’s price for end of 2024 To gain insights into how SHIB may trade at the end of 2024, Finbold consulted OpenAI’s ChatGPT-4 tool.  Picks for you Orderly Network expands to Sei 6 mins ago Tesla vs. Palantir? We asked ChatGPT w...

The cryptocurrency market is undergoing a significant correction. The global market cap has fallen 5.3% in the last 24 hours to $2.07 trillion. Shiba Inu (SHIB), one of the most popular cryptocurrencies, follows the market trend, dipping 3.9% in the daily charts, 6.9% in the weekly charts, and 4.2% in the 14-day charts. Despite the recent correction, the dog-themed crypto has risen by 11.6% over the last month. Also Read: Top 3 Cryptocurrencies To Buy During The Market Dip Analyst Predictions, Market Trends, And Future Strategies Source: CoinGecko Analyst Predicts SHIB To Hit $0.00014 According to crypto analyst Zach Humphries, Shiba Inu (SHIB) could rally 10X (1000%) and hit a new all-time high of $0.00014 this cycle. Also Read: Can Dogecoin (DOGE) Rise To $1 in 2024? Despite his bullish outlook, Humphries urges investors to be realistic. He notes that SHIB, an ERC-20 token, will not display the desired results until Ethereum (ETH) makes a move. He also highlights that SHIB is now a m...