Shiba Inu is one of the Top 50 cryptocurrencies in the market.
SHIB has healthy capitalization figures. Even when the coin is taking over the market, and investors consider Shiba Inu a decent choice for investors, experts don’t see SHIB living longer.
How long will SHIB live?
Experts believe that Shiba Inu won’t last longer than 2030.
Shiba Inu doesn’t have a booster -like Dogecoin with Musk-, and it is unlikely to get a multimillionaire support that will boost its value with just one tweet.
Shiba Inu has a limited supply. It stands for a total of one quadrillion tokens.
It is indeed a large number of tokens. However, a vast number of investors can accommodate those quadrillion coins.
According to DigitalX Asset Management Matthew Harry, there’s no secure future with SHIB.
Harry believes Shiba Iny will fall to $0.0001 by the end of 2022, and then lose its whole value in the next three years.
“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,” Matthew Harry said.
That’s not how things work. Hype dies, the value rises.”
However, Harry is not the only expert that doesn’t believe in the future of SHIB.
Director and lecturer at the Swinburne University of Technology Dimitrios Salampasis illustrated that Shiba Inu doesn’t have a sustainable utility.
“All these joke-type coins will disappear and leave space for actual innovation and crypto assets that can serve proper use cases,” Salmpasis stated.
“Being a meme coin, I don’t have a lot of hope for the future of Shiba. I see long term this coin going close to zero in long term, without being able to provide proper utility.”
Should I buy or sell Shiba Inu?
A crypto-style media surveyed multiple experts to know their opinion about the immediate actions to guide SHIB investors.
Almost three quarters of experts -73%- recommend selling Shiba Inu.
Read Full Story At: Marca