AI Predicts Shiba Inu Price on Trump’s Inauguration Day

0

Shiba Inu is currently trading at the $0.00002 mark and is mostly trading sideways in January 2025. SHIB experienced a price spurt twice last year, and the first rise was on the heels of the Bitcoin halving in March. It skyrocketed 280% in a month and began attracting heavy bullish sentiments. The second rise was after Trump won the elections in November, and Shiba Inu rose nearly 200%.

Also Read: Indian Rupee Slides to Record Low, Breaches 86.50 Against the Dollar

2025 has been relatively calm for Shiba Inu but could surge in value on the heels of Trump’s inauguration. He’s all set to take oath for the second time on January 20, 2025, and will be the 47th President of the United States. In this article, we will highlight how high or low SHIB could trade when Trump takes oath in Washington, D.C.

Shiba Inu: SHIB Price on Trump’s Inauguration Day

shiba inu white house
Source: Watcher Guru

Also Read: Ethereum’s Major Breakout: Can ETH Hit $4,811 or $8,550 Next?

Leading AI-based on-chain metrics and price prediction firm Changelly has painted a bullish picture for Shiba Inu on Trump’s inauguration day. According to the price prediction, SHIB could surge by more than 50% on the day Trump takes office. The cryptocurrency market is bullish on Trump’s election as he’s been pro-bitcoin since last year. He also vowed to make the US the Bitcoin and blockchain technology capital of the world.

shiba inu january 20, 2025 price prediction on trump inauguration dayshiba inu january 20, 2025 price prediction on trump inauguration day
Source: Changelly

Coming back to the price prediction, the forecast indicates that SHIB could reach $0.000032 to $0.000033 on Trump’s inauguration day. The overall prospects remain bullish for Shiba Inu and are predicted to steadily trade in the green. The broader sentiments on the cryptocurrency remain positive as institutional funds are buying Bitcoin ETFs. The flow of funds is steady and millions worth of BTCs are being exchanged every day.

Also Read: Can SUI Hit $10 in January 2025?

Shiba Inu usually moves in tandem with Bitcoin’s price, therefore, a surge remains on the cards this year. Trump’s presidency could make the US dollar and the stock market stronger, leading to a healthy cryptocurrency market.

Credit: Source link

Leave A Reply

Your email address will not be published.