As we approach the end of 2023, the crypto world is closely monitoring the possibility of a downturn despite the recent rise. Due to the ongoing uncertainty between the long-standing downward movement and the expectation of a rise that we witnessed today, there is still unease in the market. Considering all these events, situations like fear, uncertainty, and doubt (FUD) seem to determine the direction of the market.
Amidst this uncertain market movement, there were a significant number of analysts who boldly predicted a rise. These individuals encouraged investors to make purchases in the current period.
Shiba Inu (SHIB), which may have been the last star of the previous bull market, became a subject of more debatable discussion after Shibarium. A price analysis about the long-term price expectation of SHIB was shared by the well-known cryptocurrency website DigitalCoinPrice.
According to the price movement disclosed by DigitalCoinPrice, SHIB may host a stable and upward price movement. It was also believed that SHIB would trade at $0.0000153 in the near future. When this situation was examined, it was said that an incredible price movement would occur before the end of the year, and one zero could be subtracted from the price of SHIB.
The price expectations for Shiba Inu in 2025, 2028, and 2032 were $0.0000254, $0.0000401, and $0.000146 respectively. All these prices support the idea of a gradual increase in the prices at which SHIB will trade in the future.
According to data obtained from 21milyon.com, SHIB was trading at $0.0000073 at the time of writing. According to the prediction, SHIB may experience a net price growth of 102.38% by the end of the year. Furthermore, considering the prediction, Shiba Inu’s price may increase by approximately 1830% until December 31, 2032.
When the price analysis conducted by DigitalCoinPrice is reexamined, it can be considered that SHIB may not reach the long-awaited deletion of 0 before the end of 2031 with an average transaction price of $0.000106, which is not too distant.
Another interesting aspect of these predictions is that price predictions such as $0.1, $0.01, and $0.001 for Shiba Inu did not even come close to the predictions made by DigitalCoinPrice.