Finder’s panel of experts has forecast the demise of the shiba-inu (SHIB), cryptocurrency. According to the majority, the price of meme crypto will soon fall below zero. Furthermore, “Our panel is overwhelmingly out on SHIB, with 73% saying that now is the time to sell.”
SHIB’s Price Prediction
Finder.com is a price comparison website that updated its forecast for the shiba coin last week. “Finder surveyed a panel of 36 fintech specialists in April for their thoughts on how shiba inu will perform over the next decade,” the company explained.
“Things are not looking good for the meme coin shiba inu,” Finder remarked, adding that “It’s a matter of when, not if, we’ll see the death of shiba inu, according to the majority of Finder’s shiba inu price predictions report panel.”
According to the company, SHIB’s price at the time the survey was conducted was $0.00002029. The panel anticipated that it would drop 7.6% and reach $0.000018750 before 2022. SHIB trades at $0.00001187 at the time this article was written.
Bitcoin.com News reported that Finder said:
70% of panelists believe that SHIB won’t have any value before 2030.
Specifically, “The panel expects the token’s value to continue to plummet and be worth $0.000002500 to close out 2025 and $0.000000325 by the end of 2030,” the company wrote.
Experts have identified several factors which will affect the cost of this meme currency in the coming year. 82% believe that the biggest influence on SHIB’s price will be from meme coin hype. Inclusion on brokerage platforms such as Robinhood is the next most important factor. The launch of Shibaswap and the burning SHIB tokens are other factors.
Matthew Harry (head of Digitalx Asset Management funds) was one of the experts on the panel. According to him, meme coins such as SHIB will disappear completely once the cryptocurrency market matures.
As the market matures, things such as SHIB will cease to exist. Instead of capital being dispersed across the field to try to win every prize, it is focusing on quality and value. That’s not how things work. Hype dies, value rises.
Dimitrios Salampasis from Swinburne University of Technology was another panelist. He also predicted that SHIB would eventually become worthless. “I am of the opinion that all these joke-type coins will disappear and leave space for actual innovation and cryptoassets that can serve proper use cases,” he stressed.
The specialists answered the question: “Is it time to sell or buy shiba?u?”
With 73% of the panel saying it’s time to sell, SHIB is overwhelming out in favor. Only 23% of respondents believe that you should retain your SHIB while only 3% recommend you buy.
What do you think about the SHIB and meme coin predictions by Finder’s specialists? Please leave your comments below.
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