Shiba Inu price has gained 3% in the last 24 hours, reaching $0.00000845 amid anticipation of the upcoming launch of the Shibarium layer-two scalping network. Its current price represents a 6% gain in one week, and although Meme Token remains down 10% in one month, the enthusiasm about Shiberium is still not enough to fully offset weeks of market negativity. .
However, the impending launch of the layer-two scaling solution shows that Shiba Inu is serious about being more than just another gimmicky meme coin, something its long-awaited Metaverse has also hinted at. Thus, SHIB could indeed be one of the key coins to watch this year, with significant rallies potentially in sight.
Is it too late to buy a Shiba Inu? Crypto experts give their SHIB price predictions for 2023
Based on SHIB’s price chart, this is due for a long return to correct sales months. Its Relative Strength Index (purple) has spent months below 50 (or lower), although its recent climb indicates we may be at the beginning of a rally.
Similarly, its 30-day moving average (red) has been roughly below the 200-day average (blue) over the past 12 months, again indicating that it should indeed breakout and rise again in the near future .
Recent developments within the Shiba Inu ecosystem suggest that such a breakout may be closer than some thought. As mentioned above, Shiberium Network is about to launch its beta in the coming weeks, although no specific date or time has been provided by its team.
This is a major development for the Shiba Inu, as until now the Ethereum-based cryptocurrency has suffered (like many other platforms) from relatively high Ethereum gas fees. However, with the launch of Shiberium, this will become much faster and more cost-effective, something that should facilitate further uptake and use of SHIBs.
The rollout of Shiberium for the Shiba Inu is set to come at the right time to look forward too it has its own metaverse, The latter is undergoing constant development, with its team releasing a steady stream of concept art and demos in 2022, as well as welcoming the new year with a promise that “we can’t wait to share more developments.” Can” in the direction of launching.
Assuming SHIB:Metaverse launches this year, it will cause a big SHIB rally. Indeed, altcoins posted a 58% gain in early February, for example, with Declaring Your Own Metaverse has been a major driver.
It also grew by 25% between mid and late March, while it grew by 64% in August, as Mem Token surged from $0.00001032 to $0.00001695 in a matter of days. This was all because the Metaverse team shared new updates, which meant that the release of the platform would lead to a massive rally.
For its community members, there is hope that SHIB may eventually rise to $0.001 this year. This would mean a gain of over 10,000% against its current price, which is not impossible, but it would almost certainly mean that SHIB has to be the best performing top-100 coin of the year.
In the short term, some analysts predict that SHIB could see a 30% increase by the end of January, which would take it to around $0.000011, meaning it would lose a zero.
presale option
While SHIB has the best chance of enjoying a rally this month among the major cryptocurrencies, there are a handful of new altcoins that could soar in the coming weeks. In particular, coins holding their pre-sales at this time may experience large rallies when they have their first exchange listings, which were very profitable last year despite the bear market.
For example, Lucky Block (LBLOCK) saw such a huge increase 6,000% In February, compared to a selling price of $0.00015. To take another example, Tamadoge (TAMA) An increase of up to 1,800% compared to its pre-sale price In October, when it was listed on OKX.
The three altcoins below are still in the process of holding their respective token sales, although these will end soon, giving early investors a chance to make some above-average profits.
Fight Out (FGHT)
running on ethereum, to fight (FGHT) is an ambitious move-to-earn platform that combines real-life workouts with Web3. Moving on from earlier M2E platforms like STEPN, it will track and reward a wide range of workouts, including boxing, weightlifting and yoga, as well as offer a range of in-app and IRL courses at its branded gyms.
Its token sale was launched last month Has already raised over $2.6 million, 1 FGHT is currently going for $0.0166 (although this price is set to rise). Investors can participate in this sale by visiting its official website and connecting their Connect Wallet or MetaMask Wallet.
Dash 2 Trade (D2T) – Last Chance to Buy
dash 2 business Launching in the next few months is an Ethereum-based trading intelligence platform, when it will provide real-time analytics and social trading data. It provides investors of all experience levels with all the resources and tools they may need to improve their trading performance.
its D2T token sale has raised over $13.6 million and actually sold out, but Dash 2 Trade team is now conducting an overfunding round Prior to D2T’s listing on 11 January. It has already confirmed listings on BitMart, Changelly Pro, and the LBANK exchange, with more set.
C+ charge (CCHg)
c+ charge (CCHG) is a peer-to-peer payment network for electric vehicle (EV) charging stations that aims to democratize access to carbon credits. Running on the BNB chain, it launched a sale for its native CCHG token before the end of 2022, with CCHG to be used within its network to pay for EV owners to charge their vehicles.
C+Charge will also reward users with carbon credits for charging their EVs at its stations, while the platform has already signed a deal with Perfect Solutions Turkey, which will supply 20% of EV chargers in Turkey to its customers. connects to the network.
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