A panel of Finder specialists predicted the death of the shiba inu (SHIB) cryptocurrency. Most believe that the price of the cryptocurrency meme will eventually drop to zero. In addition, “Our team is overwhelmingly on SHIB, with 73% saying it is time to sell.”
SHIB Price Prediction
Leading price comparison portal Finder.com updated its shiba inu cryptocurrency price predictions last week. “Finder polled a panel of 36 fintech professionals in April to get their thoughts on how the shiba inu will perform over the next decade,” the company explained.
“Things aren’t looking good for the shiba inu meme coin,” Finder noted, adding, “It’s a question of when, not if, we’ll see the shiba inu die, according to Finder Log’s shiba inu price forecast.”
The company explained that at the time of the survey, SHIB’s price was $0.00002029, and the committee expected it to decline 7.6% to $0.00018,750 by the end of 2022. However, at the time of writing, SHIB is already trading at a lower price. The price is 0.00001187 dollars.
Finder told Bitcoin.com News:
70% of committee members say SHIB will have no value by the end of 2030.
Specifically, “the panel expects the token to continue declining in value and reach $0.000002,500 to close in 2025 and $0.00000325 by the end of 2030,” the company wrote.
Specialists came up with several factors that will affect the price of the cryptocurrency meme this year. 82% said hype around meme coins would have the greatest impact on SHIB’s price. The next biggest factor is the inclusion in major brokerage platforms like Robinhood. Other factors include the launch of Shibaswap, the burning of SHIB tokens, and the number of companies accepting shiba inu as payment.
Matthew Harry, Head of Funds at Digitalx Asset Management, was one of the panelists. He expects meme coins, including SHIB, to completely disappear as the crypto market matures, noting:
This market is maturing and things like SHIB will die as capital begins to flow into quality and value rather than just being scattered across the field hoping every player wins a prize. This is not the way things work. Hype dies, value goes up.
Another specialist in the session was a fintech lecturer at Swinburne University of Technology, Demetrius Salambasis, who predicted that SHIB would be worthless in the end. “My view is that all these humorous coins will disappear and leave room for actual innovation and cryptocurrency combinations that can serve the appropriate use cases,” he emphasized.
Asked whether it was time to buy, sell or own the Shiba Inu, the specialists said:
Our collection is overwhelmingly available on SHIB, with 73% saying this is the time to sell. Only 23% said you should stick with SHIB and only 3% think you should buy.
What do you think of the SHIB and meme Coin predictions by Finder specialists? Let us know in the comments section below.
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