A survey of 13 financial industry experts has revealed an ambitious long-term outlook for Shiba Inu (SHIB), predicting that the crypto has the potential to reach $0.000045 again in the near future.
Shiba Inu has been a prominent player in the bull run crypto market today, up 3.5 percent in the last 24 hours.
This latest increase brings Shiba Inu's seven-day growth to 5.5 percent, confirming its resilience and popularity among investors.
In contrast, some of Shiba Inu’s close rivals such as PEPE, Dogecoin and Dogwifhat (WIF) posted more impressive percentage gains over the past week. However, SHIB continues to hold its ground, currently trading at $0.00001781.
This price is 4.4 percent below level monthly high, but considering that SHIB worth US$0.00001294 just two weeks ago, the current market value shows a growth of 37.63 percent.
Community and Expert Predictions for Shiba Inu
The Crypto Basic reported that, leading community analysts and industry experts are optimistic about the future of Shiba Inu, predicting significant price increases in the coming weeks as the market bull stronger.
A recent report from Finder, platform independent comparisons, support this optimism. Finder's quarterly analysis involves poll 13 crypto industry specialists to get their insights on SHIB's performance through 2030.
The average prediction from the expert panel suggests that SHIB will reach US$0.00001 by the end of 2024. It should be noted that this prediction represents an 11 percent increase from SHIB's price of US$0.000009 at the time of the survey.
However, SHIB has surpassed this prediction, trading above US$0.000017 at the time of writing, indicating that the average expert prediction for SHIB’s performance in 2024 has been largely achieved ahead of schedule.
SHIB Long Term Projection
Finder’s report also revealed that panelists predicted SHIB’s value would increase to US$0.000025 by the end of 2025, representing a 177 percent surge from its price at the time of the survey (US$0.000009).
Furthermore, they predict that SHIB will reach US$0.000045 by the end of 2030, a 400 percent increase from its previous price.
Interestingly, Shiba Inu has already exceeded some of these long-term projections. In March, memecoin This broke the multi-year high of US$0.000045.
Until June, SHIB was still trading above US$0.000025 before a market downturn caused its price to drop to level At the moment.
With Shiba Inu currently trading at $0.00001781, experts' optimistic predictions of it reaching $0.000045 by 2030 seem increasingly likely. Reaching this target would require a price increase of 152.66 percent from level At the moment.
It is worth noting that SHIB has shown its ability to experience rapid gains, rising 373 percent in less than ten days in Q1 to reach its predicted target.
This shows that experts' predictions may be achieved sooner than expected, reflecting Shiba Inu's significant potential for growth in the crypto market. [st]
