Expert analysis of the Shiba Inu price prediction: Cryptocurrency requires a TRIPLE spike rate to achieve $1

The price of SHIBA INU is now negative, although it has decreased 1.82 percent in the last 24 hours. What do the experts say about the cryptocurrency’s price explosion earlier this week?

Shiba Inu is a dogecoin spin-off that has lost 8.09 percent of its value in the last week. Elon Musk, the founder of Tesla and SpaceX, is credited with the price increase. The coin says that Uniswap has been given 50% of the whole supply, with the remaining 50% being burnt to Ethereum co-founder Vitalik Buterin. Express.co.uk spoke to cryptocurrency specialists about the pricing of Shiba Inu coin and its future worth estimates.

The price of Shiba Inu coin has dropped 1.89 percent in the last 24 hours.

SHIB, on the other hand, is up overall after falling 8.09 percent in the previous seven days.

On CoinMarketCap, Shiba Inu has increased by one of the greatest percentages of any currency.

The digital coin’s market capitalization is now $11,195,809,373, making it the 19th most valuable coin on CoinMarketCap.

According to Don Guo, CEO of fintech startup Broctagon, the digital coin will never hit $1 because there is simply not enough money in the world.