Shib Price Prediction: Why Impt Is The Better Option

SHIB, the token of the Shiba Inu platform, is one of the most successful meme coins. Not just that, the token became one of the most capitalized cryptocurrencies, and it had also continually shown some promise, making it one of the popular coins that investors put their funds into.

Then the summer of 2021 happened and things started to go very badly, we will go into more detail about that later in the piece. When things started to go wrong for the meme coin investors needed somewhere else to turn. Many turned to one environmentally conscious crypto that is trying to change the way cryptocurrencies interact with the world around them.

IMPT.io (IMPT) is the project we are talking about. The token presale for the carbon offsetting and climate change effort ended recently, and it was a huge success having raised over $20.5 million.

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SHIB Price Prediction

SHIB investors were on top of the world during October 2021 after their investment hit a record high on the 28th. Little did they know what was in store. Since then the price has been on a downward trend. June of this year saw a new low as prices hit a low marker not seen in over a year.

Of course I think most readers will know what is coming next. Just like the rest of the market, the FTX scandal did not help the price of SHIB. The Memecoin had been seeing a mild recovery but since that market dip the price has not recovered and is hovering around a similar price as it was in June. This implies that despite its success at attracting investors in the past, SHIB was unable to maintain its profitable run over time.

SHIB is among the top coins that investors keep an eye on. Nevertheless, this does not necessarily mean that there are no other popular tokens that are better investment options than SHIB. In fact, some tokens that are less known have better prospects of making gains for an investor than SHIB. Tokens with proven utility and good tokenomics are an investor's best bet for gain. Though finding these newer profitable tokens isn't an easy task.

Impt.io - Reducing the emission of greenhouse gasses

The project has partnered with thousands of others that are involved in the preservation of the planet through green initiatives. Users of the platform help in diminishing the volume of greenhouse gasses released into the atmosphere by purchasing IMPT tokens which can be converted to carbon credits. These carbon credits can either be exchanged or burned. When this is done, the owner gains the reward of valuable non-fungible tokens.

Impt.io enables large-scale participation in stemming the tide of global warming by making carbon credits readily accessible to people as they buy goods and services they need. This is through a collaboration with several merchants so that users can earn carbon credits as they shop.

The company’s presale that ended recently and was a huge success, raised over $20.5 million, and the team asserts that they’re not stopping anytime soon in their drive to combat climate change. They were so eager in fact, the team decided to cut the presale short.

This was a risky decision but it clearly paid off as in the last few days of the presale, after it was announced it would end early, over $4 million was raised. This paved the way for even more excitement as CEX listings were announced for Lbank and Changelly Pro. With more listings to be announced soon, the positive buzz around the conscious crypto seems like it's never going to go away.

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Putting It All Together

SHIB has not been a very profitable token when analyzed from the long-term viewpoint. This could be because the token serves little practical utility despite the introduction of NFTs on the platform. This is unlike IMPT, which are high-utility tokens. This is why this project seems to be a far better investment option than SHIB.

It should also be noted that SHIB has continued to be a low-price token despite its large community of followers. So to the question of the better investment between SHIB and IMPT, the answer is undoubtedly IMPT due to the goal of their project and its other amazing features.

Despite all the goodwill surrounding the IMPT projects from experts, influencers and investors the price of the tokens actually remain extremely affordable. This is likely because the coin has just made the switch over to CEX listings and big announcements are likely coming soon. This means big gains could be there for investors that get in now before the inevitable bull run.