A survey of 13 experts in the financial industry highlighted ambitious long-term outlooks for Shiba Inu, including the potential to recapture $0.000045 soon.
Shiba Inu has fairly been a notable performer in the ongoing bull frenzy in the crypto market, advancing by 3.5% in the last 24 hours. This 24-hour gain elevates Shiba Inu’s seven-day growth to 5.5%.
Conversely, close rivals like PEPE, Dogecoin, and Dogwifhat (WIF) boast more impressive percentage gains over the past week.
With SHIB exchanging hands at $0.00001781, the meme coin continues to trade at 4.4% below its monthly high. However, when considering that Shiba Inu was worth $0.00001294 just two weeks ago, its current market value implies a 37.63% growth.
Community analysts have predicted that Shiba Inu will be worth much more in the coming weeks as the bull market continues to build momentum. Meanwhile, prominent industry experts from diverse fields are adding weight to the prediction scene. They forecast a double price increase in SHIB’s value over the coming months.
In a recently updated report, independent comparison platform Finder has revealed the results of its expert survey, which gathered bold price predictions for Shiba Inu. As part of its quarterly analysis, Finder polled 13 crypto industry specialists to share their insights on SHIB’s performance through 2030.
The report reveals that, on average, the expert panel predicts SHIB will reach $0.00001 by the end of 2024. Notably, this price would have marked a modest 11% increase from its price of $0.000009 at the time of the survey.
Remarkably, SHIB has already surpassed this predicted value, trading above $0.000017 at press time. This suggests that the experts’ average forecast for SHIB’s performance in 2024 has largely been realized, with the meme coin already exceeding their expectations.
Shiba Inu to $0.000045 by 2030?
Furthermore, the report also revealed that the panelists foresee SHIB’s value increasing to $0.000025 by the end of 2025, representing a 177% surge from its price at the time of the survey ($0.000009).
Moreover, they predict that SHIB will reach $0.000045 by the end of 2030, a staggering 400% increase from its previous price.
Interestingly, Shiba Inu has already surpassed these long-term projections. In March, the meme coin broke a multi-year high of $0.000045. As of June, SHIB was still trading above $0.000025 before the market downturn caused its price to plummet to its current level.
With Shiba Inu currently trading at $0.00001781, the experts’ bullish prediction of reaching $0.000045 by 2030 appears increasingly plausible. This target would require a relatively modest 152.66% price increase from its current level.
Notably, SHIB has already demonstrated its ability to make rapid gains, surging 373% in just under ten days in Q1 to reach the predicted target. This suggests the experts’ forecast could resurface much sooner than expected.
Disclaimer: 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’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
