According to a survey conducted by Finder, 13 financial experts believe the price of Shiba Inu (SHIB) could soon surge by 400%.
Shiba Inu’s market movements have been unfavorable for the past several days, causing its value to drop significantly.
Shiba Inu experiences a significant decline
Concurring to statistics from CoinMarketCap, the driving Memecoin is down 3.71% to $0.00001740 on the everyday chart. Moreover, SHIB has declined sharply in the last seven days, falling 11.89% on the weekly chart.
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Shiba Inu prices have fallen by 4.32% in the last 30 days and 35.7% in the last three months. Shiba Inu has performed well month-to-month (MTD) and year-to-date (YTD). According to CryptoRank, SHIB has increased by 3.97% and 68.3%, respectively.
Top analysts are still optimistic about Shiba Inu’s imminent rally; although the token’s recent performance has disappointed many investors.
Finders’ Expert Predictions for Shiba
According to an updated analysis from Finder, a panel of 13 crypto specialists revealed their predictions for Shiba Inu’s performance between now and 2030.
According to Finder’s analysis, 13 cryptocurrency experts predicted that SHIB would trade at $0.00001 by the end of the year, which represents an increase of 11.11% from its $0.000009 price at the time of the survey.
Surprisingly, Shiba Inu’s current price of $0.00001740 exceeds the $0.00001 aim by 74%. They predicted that SHIB will trade for $0.000025 by 2025 and $0.000045 by 2030, six years from now. Notably, the $0.000025 aim is a 177.77 percent increase from $0.000009 (the price at the time of the report), whereas $0.000045 demands a 400% increase from the same level.
Shiba Inu has already met the 13 crypto professionals’ long-term targets. Remember that SHIB rose significantly in early March, reaching a multi-year high of $0.00045.
Interestingly, Shiba Inu must rise 158.62% from its present price to retest the $0.000045 level showed by Finder’s experts for 2030. However, considering the pace at which the asset met other milestones, Shiba Inu may return to $0.000045 sooner than expected.
Experts recommend holding SHIB
Meanwhile, thirty experts discussed whether they think it is appropriate for investors to buy, sell, or hold SHIB. Strikingly, half of the panelists recommended financial specialists hold on to the dog-themed token.
Conversely, 20% of respondents suggested investors should buy the asset, while 30% believed SHIB should be sold.
Time to buy sell or hold SHIB
