SHIBA INU :
Shiba, Doge, safe Moon, these are some of the best winners of the last draw race, two meme coins and an absolute scam, the rise of Shiba in 2021 was like something we had never seen before in crypto.
We were not used to meme coins popping up and exploding, you see, this is a crypto stall war, almost since the beginning of altcoins.
But shiba is brand new, it’s hard to focus on Shiba inu, without thinking about the crazy mcoin rally, but it’s 2024 and a lot has changed, including Shiba it’s more than just a coin.
Now she has her own channel, is it time to give Shiba another look, as a project, I don’t rule it out, and that says a lot.
Today we are going to break down and explain its online ranking, among our best coins, and finally give you a price prediction shib let’s understand it, I am not a financial advisor.
Today we take a look at how Shiba ranks among the best crypto assets, for 2024/2025, bull run the big one.
As always, will be my Shiba inu price prediction, so be sure to stay until the very end.
First, we’re going to do a deep dive on the project, and its history and cover some of the basic things you need to know.
So here we go Shiba inu, has the ticker and listed at number 20, in the world ranking of the best crypto assets.
To train it for a fraction of a penny, with a market capitalization of $5.6 billion, measuring meme coins like shiba, is much easier if you just evaluate the growth, by the changes you see in the market capitalization over time.
So if we go back to the height of the ship in October 2021, its market capitalization has reached an all-time high of $ 40 billion, but it is less than $ 10 billion, since the beginning of 2022, anyone who has managed to buy around the bottom.
And sell around the top has seen gains of about $ 150 million per year, so if we go back to the height of the ship in October 2021, its market capitalization has reached an all-time high of $ 40 billion, but it is less than $ 10 billion, since the beginning of 2022, anyone who has managed to buy around the bottom, and sell around the top has seen gains of about 150 million per Sheo was launched, for the first time in August 2020.
But it actually started to pull its weight only in May 2021, then it had a few months of lateral action before taking off directly, for the moon and reaching its historical high with a ceiling of about $40 billion, after this rally, which led many members of the community to suspect, that whale insiders were dumping their chips.
Probably including the same free banker, still a lot of suspicions about the whales of Shiba inu.
But now that we’ve covered some of the basics, let’s move on to the ratings, and the price forecasts team seven Shiba inu, was founded by a namesake character named roshi.
Now, we weren’t supposed to know much about roshi.
Now he was also the founder of another project, and he has a lot of experience and he is very connected in the space, that’s why I gave the score that I did marketing, the Shiba inu team does not advertise much, but the marketing value is high, because the project was a trendsetter, pay attention to the meme coins, you probably noticed that many tokens have the word inu in their name, which is a direct reminder to the original Shiba inu, token in a way.
Whenever someone hears about one of these other tokens, it makes Shiba inu more visible, which is one of the reasons why the mark caer ship, will always probably be in the performance of billions of dollars.
This token recorded gains of 150 million for the last time, which was one of the biggest rallies of the entire bull run, probably in history if the ship started this strong bll runoff, it would get a 10 for performance, but I had to reduce it by a few spaces, to an eight because it is seriously lagging behind this year, and I didn’t see much.
Hype for that despite all the big news, it can certainly surprise us, so I don’t count this community of 10 Shiba dogs has one of the most dedicated units, of all crypto and it’s filled with a ton of ordinary people, who are not native to crypto, it’s important a lot of these people saw Doge’s excitement, it was like it was too late to enter.
But then they saw an opportunity, with Shiba and decided to go for it, we don’t know how many people opened their very first crypto wallet just to be able to buy a ship, many of them actually used metamask in uniswap 2, since it was unlisted until it exceeded a market capitalization of a billion dollars.
Another project that has brought a ton of people into crypto, is our channel partner stake, that’s right guys stake is the largest Social Casino in the world, where you can chat with other DJs, and earn gold coins while you play.
Tokenomics looks pretty good, but with meme coins you can never be too sure, often when these things launch the liquidity is locked, and it doesn’t seem that there are any team tokens, but they will actually buy them on the market at very low prices, moments before publicly publishing a contract address, so the level of transparency for tokenomics with memec coins is quite low.
And it’s true with the ship too, the inflation rate is difficult to determine, because there have been a lot of changes with new staking mechanisms, or combustion added since the launch some years, I looked that there was zero inflation, and other years an inflation of about 7 or 8%, seven Shiba, does not have much use compared to most of the crypto that we talked about on the channel.
But when you compare it to other meme pieces, it has a lot of utility, shiba was actually one of the very first meme pieces to experiment with utility ideas, like staking and nft mint lists, so I have to give a little credit to this community for innovating in the space, in which they are located and making it more interesting one of the big exciting things for shiba.
During this bull run is sharum, they actually have their own blockchain.
Now, so this is something that we are going to pay attention to, we are going to see if there are any daps to explode on it if it is used, this is definitely something that will change for this bull run, there should be a connection between the people who actually use the ship’s blockchain, and Shiba’s price speculation has a long history of speculation.
Which makes sense, because that’s what memes are for there are hundreds, or maybe e en thousands of tokens with the word inu in them.
So the ship is definitely at the center of a strong narrative, and leaves a mark on the culture, it is also difficult for the meme coins, to maintain the hype through several cycles, especially with so many new things, which appear every day with jokes and themes that are more relevant for the time.
That’s why I think the ship has struggled during the cycle, has so much chart competition on the chart, is a mixed bag because that rally a few years ago was legendary, but the price has plunged since then and it really hasn’t shown any signs of waking up, even if the bull run is starting to kick in.
Shiba is barely clinging to a place in the top 20, but if it doesn’t catch up with the gains that other projects have seen, it will fall even more Tech 7, shiba has shown no signs of real awakening, technological innovations, but that could change soon, started as a simple meme coin, but the utility is added over time.
And now, as mentioned, the Shiba inu blockchain called sharum is here, it is again a Layer 2 network, developed specifically for the Shiba inu community, when you compare this with other layers 2 like ZK sync, it will not be as good.
But it’s always a huge accomplishment, for a room even to launch something like this, so in a way, it kind of sets a new standard for the space, but you know who else is setting a new standard, for the space.
We know the possibility that some insiders may still have big BS too, even if vitalic is a benevolent dictator, who can usually be trusted and not be greedy sending half the offer to a famous billionaire is not very decentralized.
Because Shiba inu, has a final score of 75 placing him at level B, this places him on the same level as Tron and pulz just below.
Doge and hex, and just above Bitcoin and cro now from the moment, when you were waiting for the price forecasts, all these predictions work on an approximate circulating supply of 6335 trillion ships.
These prices are based on previous bull markets, with the expectation of fairly normal market conditions, for a bull run.
So let’s take a look at three different ways it could go the bearish case, first the bullish case then, then finally actually what I think is going to happen.
Now for the price of shiba, we will display them on the screen, but I will report these prices to you in the most bearish case, I only see the market capitalization of the ship, reaching 28 billion dollars, which is only 5 times higher than its current price, which would put the price within 1% of a penny.
This is what things will look like, if the community gets bored and switches to shiny new coins, even if this happens.
This token will always have a place in the history of cryptography, and it will always have a place in the ranking, just like Doge, but these things move in waves and other projects will get there too.
It’s always a chance that Shiba inu, has a crazy comeback, but especially with all the big projects that are developing behind the scenes if the sharum lay 2 network is a success.
Shiba could have a revival, and reach a new all-time high with a market capitalization of $226 billion, with about 40 additional current prices, or about 5% of a penny.
There are a lot of competitions with the l1s, and the l2s though and I don’t know how much of a competitor sharum will be, but he still has a built-in audience overall.
Conclusion :
I think the shiba will have a good run this cycle, but realistically, I see that the market capitalization only reaches about $96 billion, this is what I think the most likely scenario, which puts the price at about 2% of a penny.
For more information please don’t hesitate to contact us
IPTVTrends IPTVTrends IPTVTrends IPTVTrends IPTVTrends IPTVTrends IPTVTrends IPTVTrends IPTVTrends IPTVTrends IPTVTrends IPTVTrends IPTVTrends IPTVTrends IPTVTrends IPTVTrends
