Finder, the leading price comparison site has revisited Shiba Inu, predicting total depreciation by 2030.
The forecast for Shiba Inu according to Finder
According to 73% of the representation of experts questioned on the future of Shiba Inu, the virtual currency does not have a rosy future, far from it.
SHIB is reportedly destined to lose all its value within the next ten years.
The pool of 36 fintech specialists who questioned the future of Shiba inu last month claims that:
“Things are not going well for the shiba inu meme coin, it’s a question of when, not if, we will see shiba inu’s death, according to most panel Finder’s shiba inu price prediction report”.
In short, not a good outlook and in this case the advice from the prestigious ratings site is not at all disguised, but rather it is very direct. SHIB is at its peak and should be sold. The research shows that only 3% of analysts recommend a buy.
The price of SHIB when the survey was done was $0.00002029 and the panel predicted a 7.6% drop to $0.000018750 by the end of 2022. The problem is that the currency has moved ahead of schedule and now stands at $0.00001236.
The forecast made, in short, seems to be even reductive.
Experts’ opinions on the forecast
Among the analysts who took part in the analysis is Matthew Harry, Head of Funds at Digital Asset Management, who says:
“This market is maturing and things like SHIB will die when capital starts flowing towards quality and value rather than being scattered across the field in hopes that every player will win a prize. That’s not how things work. The hype dies, the value goes up”.
Also of the same opinion is lecturer Dimitrios Salampasis who holds the chair of fintech at Swinburne University of Technology.
Dimitrios Salampasis stated that:
“I am of the opinion that all these joke-type coins will disappear and leave room for real innovation and cryptocurrencies that can serve appropriate use cases. Our panel is overwhelmingly on SHIB, with 73% saying that now is the time to sell. Only 23% say you should keep your SHIB and only 3% think you should buy”.
The picture is bipartisan and in general the comment from Finder’s survey is that in the future there will be a tendency to look more and more at the quality of projects and the fundamentals of the currencies, shelving all those tokens with no real utility, fads of the moment or functional to get a foot in the door.
We will move towards a natural skimming in favour of a few cryptocurrencies with solid fundamentals.