Finder’s Panel Predicts Death of Shiba Inu Crypto — SHIB Expected to Have No Value by 2030

Finder"s Panel Predicts Death of Shiba Inu Crypto — SHIB Expected to Have No Value by 2030

A panel of specialists at Finder has predicted the death of shiba inu (SHIB) cryptocurrency. The majority believes that the price of the meme crypto will eventually fall to zero. In addition,“Our panel is overwhelmingly out on SHIB, with 73% saying that now is the time to sell.” SHIB’s Price Prediction

Leading price comparison portal Finder.com updated its price prediction for the shiba inu cryptocurrency last week. “Finder surveyed a panel of 36 fintech specialists in April for their thoughts on how shiba inu will perform over the next decade,” the company explained.

“Things are not looking good for the meme coin shiba inu,” Finder remarked, adding that “It’s a matter of when, not if, we’ll see the death of shiba inu, according to the majority of Finder’s shiba inu price predictions report panel.”

The company explained that at the time of the survey, the price of SHIB was $0.00002029, and the panel expected it to drop 7.6% to $0.000018750 by the end of 2022. However, at the time of writing, SHIB is already trading at a lower price of $0.00001187.

Finder told Bitcoin.com News: 70% of the panel say SHIB will have no value by the end of 2030.

Specifically, “The panel expects the token’s value to continue to plummet and be worth $0.000002500 to close out 2025 and $0.000000325 by the end of 2030,” the company wrote.

The specialists came up with several factors that will impact the price of the meme cryptocurrency this year. 82% said that meme coin hype will have the most effect on the price of SHIB. The next biggest factor is inclusion on major brokerage platforms like Robinhood. Other factors include the launch of Shibaswap, the burning of SHIB tokens, and the number of businesses accepting shiba inu as payment.

One of the specialists on the panel was Matthew Harry, head of funds at Digitalx Asset Management. He expects meme coins, including SHIB, to disappear altogether as the crypto market matures, stating: This market is maturing and things like SHIB will die as capital begins to flow to quality and value rather than being scattered across the field in the hope that every player wins a prize. That’s not how things work. Hype dies, value rises.

Another specialist on the panel was a fintech lecturer at Swinburne University of Technology, Dimitrios Salampasis, who made a similar prediction that SHIB will eventually be worthless. “I am of the opinion that all these joke-type coins will disappear and leave space for actual innovation and cryptoassets that can serve proper use cases,” he stressed.

When asked about whether it is time to buy, sell, or hold shiba inu, the specialists said: Our panel is overwhelmingly out on SHIB, with 73% saying that now is the time to sell. Just 23% say you should hold onto your SHIB and only 3% think you should buy. Tags in this story crypto price, crypto price prediction, Finder, Finder.com, Finder"s Experts, finder’s price prediction, shib, shib price prediction, shiba inu

What do you think about the SHIB and meme coin predictions by Finder’s specialists? Let us know in the comments section below. Kevin Helms

A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography. L1 Ethereum Network Fees Drop to Levels Not Seen in Over 2 Months, L2 Fees Follow ALTCOINS | 2 days ago Elon Musk, Mark Cuban Discuss Using Dogecoin to Solve Twitter Spam Problem ALTCOINS | May 1, 2022

Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleRobinhood Launching New Non-Custodial Web3 Crypto Wallet Next articleBank of England’s Cunliffe Warns Crypto Will See Tough Times as Federal Reserve Tightens Financial Conditions Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItGoldman Predicts US Recession Odds at 35% in 2 Years, John Mauldin Wouldn"t Be Surprised if Stocks Fell 40%

The American economy continues to look gloomy and signals pointing toward a looming recession continue to appear. In a note sent to clients this week, Goldman Sachs’ chief economist said the bank envisions the “odds of a recession as roughly ... read more.Privacy-Centric Monero Plans for July Hard Fork, Plans Include Ring Signature, Bulletproof Upgrade Fed"s Bullard Wants to Raise Bank Rate to 3.5% by Year"s End, Hints at 75 Basis Point Rate Hike Microbt Reveals Latest Bitcoin Mining Rigs — Machines Produce up to 126 TH/s With Custom 5nm Chip Design Terra"s Algorithmic Dollar-Pegged Crypto UST Is Now the Third-Largest Stablecoin