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The Finder panel of experts predicted the death of the cryptocurrency Shibai Inu (SHIB). Most believe that the price of meme cryptocurrency will eventually fall to zero. Moreover, “Our group was overwhelmingly in favor of SHIBs, with 73% saying now is the time to sell.”
SHIBs price projections
Leading price comparison portal Finder.com updated its price forecasts for the cryptocurrency shiba inu last week.” The Finder surveyed a group of 36 fintech experts in April to get their views on how the shiba inu will evolve over the next decade,” the company explained.
“Things are not looking good for meme coin shiba inu,” Finder said, adding that “the majority view of the Finder shiba inu price forecasting group is not whether we will see the death of shiba inu, but when.”
The company explained that at the time of the survey, the shiba inu price was $0.00002029, and the panel expects it to drop 7.6% to $0.000018750 by the end of 2022. However, at the time of writing, SHIB is already trading at a low of $0.00001187.
Mr. Finder told Bitcoin.com News.
70% of panelists say SHIBs will be worthless by the end of 2030.
In particular, “the panel expects the value of the token to continue to fall sharply, reaching $0.000002500 by the close of 2025 and $0.000000325 by the end of 2030,” the company wrote.
Experts named several factors affecting the price of meme cryptocurrencies this year: 82% said the hype surrounding meme coins will have the biggest impact on the price of SHIBs. The next most important factor is their inclusion in major securities trading platforms such as Robinhood. Other factors include the launch of Shibaswap, the burning of SHIB tokens and the number of companies accepting Shibas as payment.
One of the experts on the panel was Matthew Harry, head of funds at Digitalx Asset Management. He expects meme coins, including SHIB, to disappear entirely as the cryptocurrency market matures, stating
This market is maturing, and things like SHIBs will die off as capital begins to flow into quality and value, rather than being scattered across a field where all the players hope to win a prize. That’s not the way things are done. The hype dies, the value increases.
Another expert on the panel was Dimitrios Salampasis, a fintech professor at Swinburne University of Technology, who made a similar prediction that SHIBs would eventually become worthless. I am of the opinion that all these joke coins will disappear, leaving room for crypto-assets that can offer real innovation and suitable use cases,” he stressed.
In response to a question about whether it’s time to buy, sell or hold Shibaura, the expert stated.
Our panel of experts was overwhelmingly negative about Shibas: 73% said it was a good time to sell; 23% said they should hold their Shibas, and only 3% said they should buy;
Image credits: Shutterstock, Pixabay, Wiki Commons
