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Things are not looking good for the memecoin Shiba Inu, with our panel expecting it to be worth $0.000018750 by the end of 2022. This would mark a 7.6% drop in its value from its current price of $0.00002029.
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.
DigitalX Asset Management head of funds Matthew Harry sees memecoins going the way of the dodo as the market matures.
"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."
FinTech Lecturer at Swinburne University of Technology Dimitrios Salampasis also thinks 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."
Hype is going to continue as the driving force behind the value of SHIB, with 82% of the panel saying memecoin hype will have a significant impact on Shiba Inu's price this year. A touch over two-fifths (41%) see its inclusion on major broker platforms like Robinhood helping it to gain steam, with 12% citing the launch of ShibaSwap.
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.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators based on the performance of Shiba Inu: moving averages, oscillators and pivots. Finder is not responsible for how SHIB performs.
Disclaimer: Cryptocurrencies, including Shiba Inu, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of SHIB is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Shiba Inu or any other cryptocurrency discussed.
Finder surveyed 36 fintech specialists from 28 March – 11 April 2022. Panellists are able to answer as many or as few questions as they like, meaning the number of responses received varies by question. Panellists may own some cryptocurrencies. All prices are listed in USD.
Changes to methodology: In 2021, this research was conducted using the simple mean of all answers supplied to Finder. From 2022, we switched to using the truncated mean, with the top and bottom 10% of responses removed when there are 10 or more respondents in order to attain a more consistent result. Any 2021 results quoted in this analysis have also been re-calculated using the truncated mean.
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