AI Predicts SHIB Price to Rise 4.49 by October 31
Shiba Inu (SHIB) has seen a slight dip of 1.51% over the past 24 hours as of October 6, following its recent expansion to the Solana (SOL) network. The cryptocurrency is currently consolidating and facing technical resistance, with a broader pause observed across the crypto market. Despite this, a machine learning algorithm suggests that SHIB could be poised for a rally in the near term.
According to Finbold's AI-powered prediction agent, SHIB is expected to rise by 4.49% from its current price of $0.0000058, reaching $0.0000061 by October 31. Technically, SHIB is encountering resistance around the $0.0000059-$0.000006 zone and remains below its 7-day and 30-day moving averages. The key level to watch is $0.0000058, as holding above this could push SHIB toward $0.0000061, while a break below could lead to further downside toward $0.0000057.
The AI's price target is an average derived from three large language models: DeepSeek Chat, Gemini 3.5 Flash, and GPT-5.7 Luna. These models predict SHIB's price on October 31, 2026, with DeepSeek Chat forecasting $0.0000061, Gemini 3.5 Flash projecting $0.00000625, and GPT-5.7 Luna anticipating $0.0000060. While these forecasts suggest a moderate move, they should be viewed as estimates rather than guaranteed outcomes, especially considering SHIB's sensitivity to broader market movements.
SHIB's recent integration with Solana through the Sunrise gateway initially sparked buying interest, but momentum faded quickly, with trading volume dropping by 26.54%. However, the expansion provides SHIB with access to a broader decentralized finance (DeFi) ecosystem and new trading venues, which could boost liquidity and demand if adoption increases. Additionally, ongoing governance changes and the expansion of DAO-based decision-making aim to strengthen decentralization, though this transition might introduce short-term uncertainty.