A panel of FinTech specialists shares insights on the impact of Shibarium on the price of Shiba Inu, with a quarter of them forecasting a bullish outcome.
Shibarium is currently the most anticipated project in the Shiba Inu ecosystem. As the Shiba Inu community eagerly awaits the mainnet launch, its impact on SHIB’s price remains a matter of debate. Some FinTech specialists believe this impact will materialize positively.
Finder, a prominent award-winning FinTech firm, surveyed a panel of 55 industry players in the FinTech scene late last year. The survey primarily bordered on projections for Shiba Inu’s future price, considering market conditions and ecosystem developments.
These 55 industry specialists include prominent players such as Serhii Zhdanov, CEO of major exchange EXMO; Simon Trimborn, Assistant Professor at the University of Amsterdam; Justin Hartzman, CEO of CoinSmart Financial; and Yves Longchamp, SEBA Bank’s Head of Research.
25% Bullish on Shibarium
Finder sought their opinions on the potential effect of the Shibarium launch on Shiba Inu’s price. However, 50% noted they were unsure of the impact on SHIB’s value.
This response was due to the limited information on Shibarium at the time. Note that the development team had not released Puppynet, the Shibarium beta test network, then. To an extent, the performance of Puppynet demonstrates Shibarium’s potential.
Despite the shortage of information at the time, 25% of the respondents emphasized that Shibarium would positively impact Shiba Inu’s price upon launch. Moreover, regarding the extent of this impact, 19% of the specialists believe the effect would be moderate. In comparison, 6% think it will be explosive.
Shiba Inu Prospects
However, 22% of the respondents say the Shibarium launch will not have any effect on Shiba Inu‘s price. These individuals believe SHIB’s value will maintain its trajectory, unaffected positively or negatively by Shibarium.
On the other hand, 3% of the FinTech experts surveyed by Finder believe the Shibarium launch will affect SHIB’s price negatively. Due to limited information, the reason behind this projection remains unknown.
Meanwhile, when asked about the upcoming projects that could bolster Shiba Inu adoption, only 9% chose Shibarium. Another 9% went for SHI, the proposed Shiba Inu ecosystem stablecoin that garnered significant hype last July.
3% went for the Shiba Inu ecosystem Doggy DAO, with another 3% picking the upcoming ShibaSwap 2.0. However, 19% of the specialists believe none of the upcoming projects will bolster adoption, and 56% are unsure.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
