Shiba Inu is going through a huge slump, as the meme coin is making its way back up after the sharp slide. The coin is heading towards the lowest support $0.000006, however, the current price is $0.0000065.
Shiba Inu Coin is trading at its lowest price in the recent session, however, the whole crypto market is on the verge of chaos. The current situation indicates it may lead towards the lowest price of $0.000006 or maybe $0.00000450. The current price is 90% below its recent highest level.
Despite this, this could be a temporary slump, the coin is predicted to surge up in the coming years. While it might experience a bullish move and might hit $0.0000202 by the end of this year.
Another prediction by GOV Capital suggests that the Shiba Token price is likely to hit $0.000018 by the end of 2021.
Whilst according to Digital Coin Price, the Shiba Inu might go up to $0.00001258 at the end of 2021, and also it is expected to hit $0.000040 by the year 2025. All these figures are just predicted by the expert through research analysis, despite no one claiming when the bullish move or plunge will happen.
ShibaSwap which is Shiba Inu’s own decentralized Exchange (dex) trading platform also launched recently. However, the coin doesn’t experience any bullish move by its launch. While investors were expecting a huge rise in its price.
It just gains 20% when they have announced three new pairs for ShibaSwap. They have added ETH-USDT, LEASH-BONE, and SHIBA-BONE. Investors can now trade between two different currencies using ShibaSwap.
There could be a possibility for its rise once again but no one can assure when it will be having a bullish move. Furthermore, the long-term investment might bring some serious value. As the Dogecoin killer is the most famous and popular coin as compared to other altcoins.
Source: Newsroompost
