The increase in the value of cryptocurrencies, which was observed last week, has decreased. At the moment, investors' forecasts for the end of November, regarding the growth trend of Shiba Inu, are rather pessimistic.

Based on community members' survey data on CoinMarketCap, using the platform's pricing function, there is every reason to believe that on 11/30/2022, the value of SHIB will be 0.00001093.

Compared to the current price of 0.00001209, this is a decrease of 0.000001163 or 9.62%. At the expense of token price forecasts at the end of 2022, assuming that on 11/31/2022. SHIB will trade at 0.00001107, down 0.00000102 or 8.46% from its current value.

Since the beginning of 2022, the value of SHIB has been declining in parallel with other cryptocurrencies. As a result, SHIB achieved a decrease of 63.36% from the price of 0.000033 on 01/01/2022.

SHIB price chart since the beginning of 2022.

It should be noted that the current forecasts are based on the fact that SHIB has become higher by 10% per day, thanks to the acquisition of Twitter by Tesla CEO Elon Musk. The cost of Dogecoin (DOGE) has also grown, by 2 billion in two days.