Shiba Inu Low 2022 Price Prediction – Should I Buy SHIB?

A panel of 36 crypto experts have given a low Shiba Inu price prediction for 2022.

Really low, in fact.

Panelists predicted Shiba Inu would fall in price by the end of the year (-7.6%), fall again in 2025 (this time -87%) and yet again by 2030 (a further -87%).

The Shiba Inu price prediction means that a $1,000 investment today would be worth $202 by 2025.

Damn. That's a low blow for what was crypto's favourite meme-coin last year.

What was the Shiba Inu price prediction based on?

"Hype dies, value rises."

This was the thinking behind (DigitalX Asset Management head of funds) Matthew Harry's low Shiba Inu price prediction. He said that SHIB would 'die' as capital begins to flow to 'quality and value'.

FinTech Lecturer Dimitrios Salampasis (Swinburne University of Technology) echoed a similar thought-process: 

"These joke-type coins will disappear and leave space for actual innovation and cryptoassets that can serve proper use cases."

A massive 82% of panelists said that 'memecoin hype' would be the biggest factor in the price of Shiba Inu this year. That means popularity would influence SHIB's price far more than new listings, new project launches, Shiba Inu burning and more merchant adoption.

Unsurprisingly, three of every four panelists surveyed said that now is the time to sell Shiba Inu.

Just 3% encouraged investors to buy SHIB in 2022.

Can I trust this Shiba Inu price prediction?

There's one thing that all panelists agreed on: hype is huge for Shiba Inu.

It was hype that took Shiba Inu from nowhere at the beginning of 2021 onto price gains over 46,000,000% by October. It was hype that meant a $2 investment in SHIB at the beginning of last year would have made you a millionaire before Christmas.

The problem is that hype can't be predicted.

If Shiba Inu gets a lot of hype, there's a chance for the Shiba Inu price prediction to turn positive. 

Here's what's in store for 2022:

• Shiba Inu Eternity. The Shiba Inu game in development alongside PlaySide studios is expected to launch in September. The game will be available on the AppStore and on Google PlayStore, and use Shiboshi NFTs in a battle-style game that also lets you earn rewards.
• Shibarium. The layer-2 blockchain platform will see Shiba Inu housed on its own native platform. Developers will be able to build on the platform after transitioning SHIB tokens off the Ethereum Mainnet.
• SHIB.io. The Shiba Inu metaverse is coming this 2022. Land sales have already gone ahead, while many top industry experts have been named on an advisory board for the project.
• New tokens. When the Shibarium layer-2 is live, get ready for gas fees to be paid in the BONE token and rewards paid in TREAT tokens. 

Here are some recent Shiba Inu news stories creating hype in August 2022:

• ShibaPlay. A new app is being launched with the sole aim of burning Shiba Inu tokens 'every day' to reduce the supply. The app aims to build a product containing news, fitness, price tickers, blogs and a marketplace which that Shiba Inu community will 'love'.
• Binance. Binance has added Shiba Inu to its crypto card, enabling SHIB payments for 60 million merchants.

How can I gauge the potential of a cryptocurrency investment?

If there's anything you learn from the low Shiba Inu price prediction it's this: Shiba Inu is a highly speculative token.

It's not – and never is – advisable to go all in one one cryptocurrency.

To help you analyse the price prediction potential of other cryptocurrencies we will examine EverGrow – one of the cryptocurrencies with the best price prediction for 2022.

The FinTech experts specifically talked about 'quality and value' in their low Shiba Inu price prediction.

Here's what a token like EverGrow brings to the table:

• EverGrow is the leading stablecoin reflection token in crypto. This new token is leading a brand-new sector in DeFi: stablecoin reflections. EverGrow pays out rewards in the Binance-Pegged USD stablecoin (BUSD) and has rewarded more than $37.5 million since launching in September last year. The BUSD rewards are based on daily trading volume as they're financed by a 14% transaction tax. The value of EverGrow has already been proven with investors who bought up $5,000 in October last year reporting earnings of $12,580 just in BUSD rewards by August 2022.
• The EverGrow team is transparent. One of the problems of Shiba Inu is the lack of a core development team. There is a lead SHIB development team (@shibtoken) but the lead developer uses an anonymous pseudonym (Shytoshi Kusama) so there's no way of gauging the team's quality outside of hype-inducing posts on Twitter. EverGrow has full disclosure of its team on its website and the chairman, Sam Kelly, regularly engages investors in Twitter voice updates, live AMAs and detailed answers to any queries.
• EverGrow rewards can be calculated quickly. One of EverGrow's core value propositions is the ability to calculate your estimated BUSD rewards before buying any $EGC. Using one of the EverGrow calculators you can experiment with different $EGC balances and daily trading volume. For example, an investment of $5,000 today would buy you 26.9 billion $EGC (after paying the 14% tax). With daily trading at the current $300,000 your BUSD rewards would be an estimated $532 (i.e. a 10.6% APY) but when trading volume recovers to the pre-bear market average of $3 million you could earn $5,321.20 in BUSD in a single year.

Should I buy Shiba Inu in 2022?

Shiba Inu launched in late 2020 with a specific goal in mind.

The anonymous founder Ryoshi wanted to create an experiment in 'spontaneous community building'. The huge hype that Shiba Inu earned and its loyal ShibArmy were testament to the success of this experiment.

But note: Shiba Inu was not intended to become the top passive income cryptocurrency, or to bring a new blockchain platform, or to generate better ROI than ever before.

If these happened, they were by accident – not design.

If you love the Shiba Inu community and Ryoshi's vision – go ahead and buy Shiba Inu! The prices are still the lowest since early 2021, and once crypto recovers from the current bear market it's very likely Shiba Inu will still be around.

But if your priority is making a return on your hard-earned cash, then make sure Shiba Inu is not the entirety of your portfolio.

Instead, try to identify the quality and value of cryptocurrencies as we have demonstrated with EverGrow. 

With a healthy mix of investments, there's every chance you'll reach your investment goals before the year is out.