Is it Too Late to Buy Shiba Inu? Cryptocurrency Specialists Give their SHIB Price Predictions for 2023

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Is it Too Late to Buy Shiba Inu? Crypto Experts Give their SHIB Price Predictions for 2023
Source: TradingView

The Shiba Inu (SHIB) price has been  growing by 3 percent in the past 24 hours, reaching $0.00000845 amid anticipation of the following launch of the Shibarium layer-two growing network. Its current price represents a 6 percent boost in a week, although the Meme Coin crypto token remains down by 10 percent in a 30 days, with excitement regarding Shibarium still not doing quite enough to fully offset weeks of market negativity.

Nonetheless, the imminent launch of the layer-two growing solution shows that Shiba Inu (SHIB) is serious about being greater than just another gimmicky Meme Coin coin, something likewise indicated by its long-awaited metaverse network. As a result, SHIB really may be one of the major coins to watch in the year, with whole lot of rallies potentially in sight.

Is it Too Late to Buy Shiba Inu? Cryptocurrency Specialists Give their SHIB Price Predictions for 2023

According to SHIB’s price chart, it has long been due a rebound to correct months of selling. Its relative strength index (purple) has spent months below 50 (or lower), although its recent ascent indicates that we could be at the start of a rally.

Is it Too Late to Buy Shiba Inu? Crypto Experts Give their SHIB Price Predictions for 2023
Source: TradingView

Similarly, its 30-day moving average (red) has remained below its 200-day average (blue) for pretty much all of the past 12 months, once more indicating that it really should breakout and boost once more in the near future.

Recent develops within the Shiba Inu (SHIB) ecological system suggest that such a breakout could be closer than some think. As mentioned over, the Shibarium Network is owing to launch its beta in the next few weeks, although its team haven’t provided a specific date or window.

This is a major development for Shiba Inu (SHIB), since up until now the Ethereum-based digital currency has suffered (like numerous other platforms) from relatively high Ethereum (ETH) gas charges. Nonetheless, with the launch of Shibarium, it will become much quicker and much more economical, something which should facilitate further uptake and use of SHIB.

The rollout of Shibarium is set to arrive at just the right moment in time for Shiba Inu (SHIB), which is likewise looking forward to its very own metaverse. The latter persists to undergo steady development, with its team releasing a steady stream of concept art and demoes in 2022, while likewise welcoming the New Year with the promise that “we can’t wait to share more developments” on the road towards launching.

Assuming SHIB: The Metaverse network does launch in the year, it will make a major SHIB rally. Nonetheless, the crypto altcoin posted a 58 percent boost in early February, for instance, with the notice of its own metaverse being the major driver.

It likewise jumped by 25 percent betwixt mid and late-March, while August brought a 64 percent increase, as the Meme Coin crypto token rose from $0.00001032 to $0.00001695 in a matter of days. This was alll because the metaverse network team shared new updates, implying that the platform’s release will make a substantial rally.

For members of its community, there’s an expectation that SHIB could sooner or  thereafter boost as high as $0.001 in the year. This would imply a gain of over 10,000 percent against its current price, something which isn’t impossible, but which would almost certainly mean SHIB would have to be the best-performing top-100 coin of the year.

In the shorter term, some analysts are predicting that SHIB may witness a 30 percent boost by the end of January, which would take it to around $0.000011, meaning it would lose one zero.

Presale Alternatives

Although while SHIB arguably has the best chance of enjoying a rally these 30 days between major digital currencies, there are a handful of new crypto altcoins that could surge in the next few weeks. In particular, coins holding their presales as of now could experience big rallies once they have their 1st exchange listings, something which was very profitable a year ago, regardless of the bear market.

For example, Lucky Block (LBLOCK) saw an increase as high as 6,000% in February, compared to a sale price of $0.00015. To take another example, Tamadoge (TAMA) rose by as much as 1,800 percent compared to its presale price in October, when it was listed on OKX. 

The 3 crypto altcoins below are still in the procedure of holding their respective crypto token sales, although these will end soon, giving early investors an opportunity to make some above-average gains.

Fight Out (FGHT)

Running on Ethereum (ETH), Fight Out (FGHT) is an ambitious move-to-earn platform that combines real-life workouts with Web 3.0. Taking the lead from earlier M2E platforms such as STEPN, it will track and reward an extensive variety of workouts, including boxing, weightlifting and yoga, while likewise offering a range of in- application and IRL courses at its own branded gyms.

Launched the previous  30 days, its crypto token sale has already raised over $2.6 million, with 1 FGHT as of now going for $0.0166 (although this price is set to increase). Investors can take part in the sale by going to its official website and connecting their Connect Wallet or MetaMask wallets.

Visit Fight Out Now

Dash 2 Trade (D2T) – Last Chance to Buy

Dash 2 Trade is an Ethereum-based trading intelligence platform owing to launch in the following few months, when it will provide real-time analytics and social trading data. It offers investors of all experience levels all the resources and tools they could must make better their trading performance.

The sale of its D2T crypto token has raised over $13.6 million and has essentially sold out, but the Dash 2 Trade team are now running an overfunding round before D2T lists on January 11. It has already confirmed listings on BitMart, Changelly Pro, and LBANK Exchange, with more set to follow.

Visit Dash 2 Trade Now

C+Charge (CCHG) 

C+Charge (CCHG) is a peer-to-peer payment network for electric vehicle (EV) charging stations, one which intends to democratize access to carbon credits. Running on the BNB Chain, it launched the sale for its native CCHG crypto token before the end of 2022, with CCHG set to be used within its network by EV owners to pay to charge their vehicles.

C+Charge will likewise reward users with carbon credits for charging their EVs at its stations, while the platform has already signed a deal with Perfect Solutions Turkey, adding 20 percent of the EV chargers in Turkey to its network. 

Visit C+Charge Now


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