Finder’s panel of experts has predicted that the cryptocurrency shiba Inu (SHIB), will die. Most believe that the price for the meme crypto will fall to zero. The majority of the panel supports SHIB with 73% saying it is time to sell.
Price Prediction for SHIB
Finder.com, a leading price comparison portal, updated its price prediction last week for the shiba-inu cryptocurrency. The company stated that Finder surveyed 36 fintech experts in April to get their opinions on the future performance of the shiba Inu cryptocurrency.
“Things are not looking great for the meme coin shiba-inu,” Finder observed, adding that “It is a matter of when and not if” we will see the death shiba, according to the majority Finder’s shiba price predictions panel.
According to the company, SHIB’s price at the time of the survey was $0.00002029. The panel anticipated that it would drop 7.6% to $0.000018750 by 2022. SHIB trades at $0.00001187 at the time this article was written.
Bitcoin.com News was informed by Finder:
70% of the panel believe that SHIB will be worthless by 2030.
The company stated that it expected the token’s price to fall further and to be worth $0.000002500 by 2025, and $0.000000325 at the end of 2030.
Experts have identified several factors that will affect the price of this year’s meme cryptocurrency. 82% believe that the biggest influence on SHIB’s price will be from meme coin hype. Inclusion on major brokerage platforms such as Robinhood is the next largest factor. Other factors include the release of Shibaswap and the burning of SHIB coins.
Matthew Harry, Head of Funds at Digitalx Asset Management was one of the panelists. According to him, meme coins such as SHIB will disappear completely as the crypto market matures.
This market is maturing. Things like SHIB are going to die as capital starts to flow to quality, value and not being scattered around the field hoping that everyone wins a prize. This is 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. He stated that he believes that all joke-type coins will vanish and that there will be room for innovation and cryptoassets capable of serving proper use cases.
The specialists answered the question: “Is it time to sell, buy, or keep shiba Inu?”
The majority of our panel are against SHIB. 73% believe it is time to sell. Only 23% believe you should keep your SHIB, while 3% feel you should purchase.