Shiba Inu used to be one of the most sought-after coins on the market, and while there are still investors who do not want to give up on the idea of investing in it, the situation in the crypto market is changing rapidly. It is imperative that all investors are informed of any updates that may affect Shiba Inu investments. Let's go deeper into the Shiba Inu analysis, but also mention the coins that are in a much better position on the market right now!
Shiba Inu Price Prediction
Before we dive deeper into the value that the Shiba Inu can achieve in the coming years, let's take a look at this chart:
Price per year
2022 $0.00001219
2023 $0.00001781
2025 $0.00003686
The price of Shiba Inu at the time of writing is $0.00001054 and has seen a price drop of 2.62% in the last 24 hours, which just shows how volatile it really is. The Shiba Inu has gone through numerous changes and its value is now far from its peak value of $0.00008 in November last year. It is not clear how the situation will change in the future, but looking at the current situation, investing in it may not be the best decision.
What are the best coins to invest in instead of Shiba Inu?
With so much going on in the crypto market, no one can blame investors for looking for a better option to invest in, which is why we've compiled a list of the most popular coins on the market right now. The top 3 cryptocurrencies that seem to be completely untouched by the current situation in the crypto market are:
tamadog (TAMA)
Battle Infinity (IBAT)
Lucky Block (LBLOCK)
To help you better understand how investing in these cryptocurrencies can prove to be a wise choice, we make sure to include the most important information regarding their market position.
1. Tamadoge (TAMA)
TAMA is a coin that did the impossible - to gather so many investors and close the pre-sale in less than two months. During this period, Tamadoge managed to collect 19 million dollars and showed the world that despite the difficult situation in the market, it is still possible to hit one goal after another. In anticipation of the reveal, which will happen very soon, early investors will get a chance to find out everything they want to know. Investors who did not invest during the pre-sale will be given the opportunity to claim their TAMA coins the moment Tamadoge is listed on exchanges, which is planned to happen very soon. It has been announced that it will be launched on LBank and Pankakeswap, but there will surely be much more news in the coming days.
2. Battle Infinity (IBAT)
Battle Infinity is a platform that attracts avid fantasy sports players, allowing them to use all their skills and climb the leaderboards. With a play-to-earn system and an announced betting option, there is a lot for prospective investors to look forward to and explore the earning options while having fun. The price of IBAT is expected to rise to $0.24 by the end of 2025 and is one of the reasons why analysts consider IBAT one of the most promising coins today. IBAT tokens will serve as a means for players to explore all the possibilities this platform has to offer. The exciting 3D world allows players to interact with others and explore this adventurous world, which is why Battle Infinity is on everyone's heart right now.
3. Lucky Block (LBLOCK)
Lucky Block is an NFT contest platform that provides plenty of opportunities for investors to explore earning opportunities by investing in native LBLOCK V1 and LBLOCK V2 coins, but also by purchasing NFTs from Platinum Rollers Club. Buying NFTs is a great opportunity to qualify for incredible prizes like a Lamborghini or a house. We are now approaching the LBLOCK token burn which will happen very soon, which is expected to cause the price to rise, which investors are already excited about. The Lucky Block token burn will begin on September 30th and its price is expected to increase in the coming weeks. The announced Lucky Block Bridge will also allow investors to easily exchange their V1 and V2 tokens, which will also increase its popularity.
Current position of Shiba Inu
Shiba Inu is a meme coin that has made a lot of headway compared to Dogecoin since it hit the market in August 2020. It managed to rise to the stars with a 27,000% increase in price in just a few weeks. When it comes to the way the Shiba Inu goes through all the possible changes we are witnessing these days, the situation does not look so clear. We can expect a further drop in prices in the coming days. While there was a slight positive improvement on Monday, the expected positive impact of the launch of the Shiba Eternity card game did not pan out as expected.
The developer of Shiba Inu, known as Shytoshi Kusama, has announced that they are planning to burn one portion of Shiba Inu coins for the next period. Analysts have begun to notice a bearish view of this whole strategy, which is why people are turning away from the Shiba Inu with the intention of protecting their investments as much as possible. How successful it will be is up to us, but in the meantime, investing in coins that look stable in the market is an option that many investors have in mind.
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