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73% of Fintech experts believe Shiba Inu will have no value by 2030

20.05.2022

According to Finders.com, 36 fintech experts were surveyed for its latest Shiba Inu SHIB Price Predictions Report and found that 73% of the panelists believe that SHIB will have no value by the year 2030.

The price prediction panel members are Swinburne University of Technology director and lecturer Dimitrios Salampasis, University of Canberra senior lecturer John Hawkins, and Head of Funds at DigitalX Asset Management Matthew Harry.

Meme coins like Shiba Inu will be phased out.

Most of them agree on one thing, it is downhill for SHIB from here onwards. 30% of the panelists believe that the meme coin will be worthless by the end of the year, 60% extended the doomsday until the end of 2025, but 70% believe that the token will be worth nothing by the end of 2030.

The average price prediction for the end of 2022 is $0.000018750. Matthew Harry believes that SHIB will be trading at 0.0001 by the end of 2022. He believes that it will be phasing out by the year 2025.

Other people also share this opinion, including Salampasis, who said :

They believe now is the best time to sell, because most experts predict the end of the token. 73% of the panelists, including Finder.com co-founder Fred Schebesta, share this opinion.

The price prediction comes amidst the poor performance of the coin in recent weeks. SHIB has lost half of its value in the past 30 days due to the market downturn.

Most SHIBA holders are optimistic about its recovery. Shiba Inu has been trying to redefine itself in the past few months, showing that it is more than just a meme coin.

The project developers have lined up other projects such as the Shiba Inu metaverse, ShibaDEX, the SHI Stable coin, Shibarium Layer 2 solutions, Shiba Inu NFTs, along with a burning mechanism that is designed to push its price up through scarcity.

These projects are yet to affect its price, but many believe they may push its recovery. Some business entities have revealed they will accept the token as a payment option, and has been embraced by the community as a whole.

There are rumors that the SHIB token may be in partnership with Redbull.