Shiba Inu Price Prediction: AI forecasts SHIB surge by March 10, 2025

The meme coin market has taken a hit once again, with red dominating the charts. Despite kicking off March on a high note, cryptocurrencies like Dogecoin (DOGE) and Shiba Inu (SHIB) have suffered steep losses. Adding to the downturn, SHIB has slipped further in the rankings, now positioned as the 20th largest cryptocurrency with a market capitalization of $7.55 billion. However, given the crypto market's notorious volatility, investors remain hopeful for a turnaround.

How Is Shiba Inu Performing?

At the time of writing, SHIB is trading at $0.00001283, reflecting a nearly 9% drop in the past 24 hours. Just earlier this week, the meme coin had reached a high of $0.00001512 before plunging to a low of $0.00001228.

Despite the setback, the Shiba Inu team remains optimistic. Lucie, the project’s marketing lead, has encouraged the community to stay resilient, emphasizing that SHIB's long-term success is still on track despite the recent downturn. Her message aims to instill confidence in investors, reassuring them that market fluctuations are part of the journey.

SHIB’s March 10 Price Forecast

While the market has been rough, Shiba Inu might be gearing up for a comeback. AI-powered analysis from CoinCodex predicts a sharp recovery, forecasting SHIB to hit $0.00002084 by March 10. If this projection holds, it would mark an impressive 61.93% surge in just a few days, offering some much-needed relief to investors.

As the crypto community watches closely, all eyes are now on SHIB’s next move—will it defy the downturn and bounce back stronger? Only time will tell.