Shiba Inu Price Prediction — DotBig

Shiba Inu Price Prediction

Introduction to SHIB

In 2020, the anonymous developers decided to join the crypto parody trend and launched one more meme coin — Shiba Inu. The project appeared to be quite sustainable and it quickly became the main competitor to the most known meme crypto of that time — Dogecoin. The new coin, with a starting supply of 1 quadrillion tokens, was launched on the Ethereum network.

Will Shiba Inu Coin Price Increase in 2022?

As of the time of writing this review, SHIB is valued at $0.000012. Considering the events around this ecosystem, we dare predict that the holders have good chances to benefit from their SHIB investments if not this year, then, a bit later. Here are the factors on which our prediction is based:

  • The end of 2022 is supposed to be marked by the launch of the Shibarium layer-2 network. Currently, the developers are satisfied with the dynamics of its progress. Shibarium is expected to decrease gas fees, which will attract more users to it and will increase the demand for SHIB one more time.
  • Wallet Investor, an algorithm-based website, predicts that at the end of this year the token will be valued at around $0.000014. According to the same website, in 3 years, the price will increase up to $0.000044.
Shiba Inu exchange rate for July 2022

Final Thought

To sum it up, currently, the crypto analysts see the positive dynamics for the Shina Inu holders and investors. Considering the pace, with which this ecosystem is growing, we dare agree with this positive prediction. DotBig analysts think that, if all the current and upcoming projects will keep up to the mark, it’s quite possible that at the end of December, SHIB will be valued at a higher price.

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