The crypto industry has seen plenty of discussion regarding the ups and downs of different coins. In 2021, Shiba Inu (SHIB) was one such token that attracted a lot of attention. According to CoinMarketCap's statistics, this token produced a return of more than 406,000%, which was a striking result for early investors.
With Shiba Inu having made some crypto fans wealthy in the past, people have been wondering if it has the capacity to do so again. Experts have given their opinions on this matter. Will the digital currency be able to repeat its earlier success? This is what analysts have been discussing.
Finder conducted a study to gain insight into Shiba Inu's future prospects, and the results from the panel of 55 fintech experts suggest that by 2025, the cryptocurrency should be worth around $0.00004930.
Alexander Kuptsikevich from FxPro has a different opinion than the previously mentioned outlook. He is more positive about the token's value, which has seen a great rise this year.
Kuptsikevich believes that although the Shiba Inu cryptocurrency won't experience a surge as powerful as this year, it could still take advantage of the crypto market's fluctuations and reach a worth of $0.0001 by 2025.
Sathvik Vishwanath, head of Unocoin Technologies, is of the opinion that Shiba Inu could potentially experience growth of 100% or more in the coming years. However, he is also advising investors to purchase SHIB in a reasonable amount.
Will Shibarium provide assistance for Shiba Inu?
The experts on the panel were not sure what effect the new Shibarium system would have on Shiba Inu's value. Half of them were uncertain, but a quarter of them believed it would be beneficial.
The primary aim of Shibarium for the Shiba Inu network is to lower expenses, speed up transactions, and reduce the number of SHIB tokens in circulation through each operation. These practices are expected to result in a higher value of Shiba Inu.
In the end, it remains uncertain whether or not the Shiba Inu team can repeat their earlier success as they continue to reveal more and more uses for their project.
HYIPer.net » Will SHIB prices go back to 2021? Here are experts' opinions