SHIBA INU 2022 : PREDICTION PRICE 2022
After the Shiba Inu coin showed an increase in price in 2021, the meme coin fell by more than 60% compared to its all-time high in October last year. Despite this fact, Wallet Investor’s experts believe that the coin gives bullish signals for 2022 and may even reach its past ATH.
SHIBA INU PRICE MOVEMENT 2021
Since its debut on the cryptocurrency exchange, the price of the Shiba Inu has been increasing gradually without sudden spikes or drops. Even though it was bullish, it didn’t make the price chart skyrocket. Like other cryptocurrencies, Shiba tokens are also highly volatile and vulnerable to market fluctuations.
However, since last year, SHIB tokens have gradually increased, starting at USD0.00000001 per one token. Competing against other meme coins, SHIB only had a stable journey but also showed a satisfactory trend until finally, the SHIB token price stabilized at USD0.00000000407 in February 2021.
Shiba Inu itself has the potential to be a superior cryptocurrency because the price of the token can have a stable movement amidst the ups and downs of the crypto asset market.
As of February 2022, the SHIB’s price is at USD0.00002954 with a total market capitalization of USD16.23 billion.
REASONS SHIBA INU PRICE INCREASE
Vitalik Buterin Support
Vitalik Buterin, the co-founder of Ethereum, is seen as a hero in the Shiba community. The reason is that this 27-year-old man gives excellent support to Shiba Inu, which is shown through his official Twitter account, plus his actions have a significant impact on the price movement of Shiba Inu tokens.
One of the actions that Vitalik demonstrated for Shiba and managed to make a significant impact on the token with the image of this dog was the donation for the COVID-19 outbreak in India with a value of around USD1 billion in May 2021.
This action impacts the popularity of the Shiba Inu token, which is starting to be recognized by traders and crypto asset investors.
A price spike will be imminent if Vitalik Buterin continues to support the Shiba Inu token through his statements and social media.
THE PREDICTION OF SHIBA INU PRICES IN 2022 ACCORDING TO EXPERTS
Based on predictions from Wallet Investors, Shiba Inu will touch the figure of USD0.000064, which means an increase of 814.29%. Based on the analysis conducted by Wallet Investor, if an investor invests as much as USD100 in SHIB tokens, it could be USD914.29 in 2026.
According to Market Realist, Shiba Inu is predicted to touch the price of USD0.000061 within five years, which is an upside potential of 620%. Market Realist says that if Shiba can maintain its growth rate, the token could reach USD1 by 2021. However, if it grows at a rate of 20% per month, it will take five years to reach USD1, which is sure to happen early in the year. 2025.
Likewise with Coin Price Forecast. In Coin Price Forest, it is stated that the estimated price of the Shiba Inu at the end of 2021 is USD0.00001628, an increase of 799% compared to last year.
In the first half of 2022, the price of the Shiba Inu will rise to USD0.00002684. In Q2 2022, the price will increase by USD0.00000490 and close the year at USD0.00003174, 348% of the current price.
HOW TO BUY SHIBA COIN?
SHIB and LEASH are best purchased and sold through ShibaSwap, but can also be found on Uniswap and an ever-growing list of CEXs. Please note that, outside of ShibaSwap, exchanges which support one may not support the other.
SHIB is a decentralized experiment and, as such, we always incentivize the use of DEXs. If you choose to utilize a CEX instead, remember to research it first to ensure it is both safe and secure.
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