The Shiba Inu ( SHIB ) Token market performance presents a complex situation. The current trading price is $0.00001210, with a slight fall of 1% in the last 24 hours. CoinCodex's medium to long-term analysis reveals multiple possibilities for SHIB's future trends.

According to CoinCodex's prediction model, SHIB is expected to reach $0.00002951 in November 2025, a significant increase of 143.90% from the current price. This expectation reflects the market's optimism about SHIB's potential upward trend. However, technical indicators show that the current market sentiment leans towards bearish, with the fear and greed index at 60, in the greed zone.

In the past 30 days, the SHIB price has been in an uptrend for 50% of the time, with a volatility of 8.25%. Nevertheless, based on current market analysis, experts suggest that this may not be the best buying opportunity for SHIB at this stage.

It is worth noting that market analyst Shib Knight shared his views on the short-term price trends of SHIB on social media, and his predictions are generally consistent with the analysis from CoinCodex, showing a cautiously optimistic attitude towards SHIB's future performance.

Overall, the price trend of SHIB still carries many uncertainties. Investors need to closely monitor market dynamics, weigh various factors, and make prudent decisions. The cryptocurrency market is ever-changing, and any investment decision should be based on a comprehensive understanding of the risks.