Unless the person is clairvoyant, no one could have accurately predicted Shiba Inu's price last year, except the extremely lucky trader that transformed an 8,000 investment into $5.6 billion within 400 days while trading with the token.
To the chagrin of many investors and analysts, the token performed incredibly well on the market in 2021. But the story isn't entirely rosy in 2022, as it hit an eight-month low in mid-June.
The token, also called SHIB, is now trying to stage a comeback. Will it be successful? How will its performance fare with increasingly popular cryptos like Tamadoge and Impt.io, which are changing market dynamics now?
This article addresses these issues and related ones.
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Shiba Inu Price Prediction
Like any other cryptocurrency, the Shiba token is highly volatile and vulnerable to market fluctuations. Its current price is $0.00001134, and the cryptocurrency has a $126.85M 24-hour trading volume.
Within the past 24 hours, the SHIB token is +0.58%, and at the moment, it's -3.63% from the crypto's seven-day all-time high of $0.00001177 as well as 4.81% from SHIB's seven-day all-time low of $0.00001082.
Since this token, with a circulating supply of 549,063.28B SHIB, debuted on the crypto exchanges, its price had only increased without any sudden surges or unexpected drops until it recorded an all-time high on 28 Oct 2021.
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But Shiba Inu's price had an eight-month low in mid-June, and it's trying to rise again. How will this play out? The table below provides an answer to that question, with the crypto price predictions in the coming years.
These predictions were sourced from experts and obtained from analyzing SHIB's historical price action and its current developments and social sentiments in the crypto world.
Year |
Average Price of SHIB
2022
$0.000012
2023
$0.000026
2024
$0.000033
2025
$0.000042
2026
$0.000053
2027
$0.000067
2028
$0.000085
2029
$0.0001
2030
$0.00013
According to the predictions in the table above, analysts expect SHIB price to keep rising yearly and hit a maximum of $0.00013 in 2030. Also, the average price is expected to increase by more than 200% next year. However, what's the current performance of other new tokens like Tamadoge?
Tamadoge Offers Investors Something Special
TAMA serves as the gateway token of the fascinating and thrilling Tamaverse.
With Tamadoge, you can mint doges as you wish, and it's also perfect for breeding, training, and going on battles with your Tamadoge NFTs to emerge as the top player on the leaderboard every month.
>>>Buy Tamadoge Here <<<
Tamadoge, launched in July 2022, is your ideal meme coin Play-to-Earn ecosystem. It has been putting up a strong performance on the market since it was listed on many exchanges, including OKX, LBank, MEXC, and BKEX.
Impt.io: Get the Best Crypto Deal on the Market Right Now
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According to its website, IMPT will "reduce your carbon footprint and make an impact while benefiting from multiple rewards." Indeed, this token is one of the cryptocurrencies making waves on the market right now.
>>>Find IMPT Here <<<
IMPT is your ideal currency for purchasing, selling, and retiring carbon credits. On Monday, the IMPT presale started, with a whopping $250,000 raised within 24 hours and a humongous $500,000 realized within 48 hours.
The ecosystem has even celebrated raising $1 million, where about $500,000 in IMPT tokens were sold in only 24 hours. IMPT is the real deal on the market at the moment.
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How does Shiba Inu compare to other Cryptos like TAMA and IMPT?
While both IMPT and TAMA launched in 2022, the former is the younger cryptocurrency. Impt.io is currently offering its token for presale and has raised more than $1,000,000 within just three days.
So far, it has sold over one million units and raised over $2 million, all in a matter of days, making the presale hugely successful.
Also, TAMA is another crypto that excites investors with great deals. It's among the top tokens on popular platforms due to its incredible performance on the market.
While Shiba Inu performed remarkably well in 2021, this year has been rocky for the token. Thus, investing in TAMA and IMPT is more profitable right now.
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Conclusion
Shiba Inu, TAMA, and IMPT are all relatively new tokens in the crypto world. But currently, TAMA and IMPT offer investors more exciting deals, and therefore, they should be the top choices of any shrewd investor.
