Like many cryptocurrencies, Shiba Inu (SHIB) has had a rough last 12 months. In that timeframe, as of January 31, 2023, Shiba Inu has lost 42.78% of its total value, all the way down to $0.000012.
Yet, in the last month, SHIB has rallied. Since the start of 2023, the meme coin has increased by 46.28% in value, regaining almost everything it lost during 2022. That’s quite impressive, indeed, but is it sustainable?
Most experts predict that SHIB has hit a ceiling and that its value is set to go down again in the near future. We’ll analyze that in our Shiba Inu price prediction below. We’ll also look at five new cryptos to buy in February, led by Meta Masters Guild (MEMAG), Fight Out (FGHT), RobotEra (TARO), and C+Charge (CCHG).
Shiba Inu Price Prediction
Below is a Shiba Inu price prediction on where the value could go in the next few years.
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The good news about the prediction above is that it shows that SHIB could be expected to rise in price again by the end of 2023. However, it may take quite some time to get there, as a drop in value is also expected in the coming months.
That being said, if the above predictions hold true, than SHIB will have gained about 79.2% in value between the end of this year and the end of 2025. Then, it could be expected to gain about another 319% between 2025 and 2030.
Those seem to be ambitious predictions at best at this point, though. While the last 30 days have certainly been positive for SHIB’s value, it would be hard to trust this meme coin long-term until it’s about to sustain that type of success. With it having such a tough time over the last year-plus, the question becomes do you really want to take that chance?
Many crypto investors are saying that they don’t want to take the chance, and are opting for better investments such as the ones below.
1. Meta Masters Guild
Meta Masters Guild (MEMAG) is quickly becoming the fastest-growing mobile-focused Web3 gaming guild on the planet. The developers are focusing on what they’re calling Play-And-Earn (P&E) rather than P2E. This means they’re ensuring that they’re creating fun and exciting games people love to play first and foremost, instead of leading with earning opportunities.
This ultimately will lead to a larger gamer pool that sticks around for the long term and invests in the platform. It’s why MEMAG has already raised more than $2.2 million in presale. But, hurry because it’s flying through presale stages, with a price increase at each new stage.
2. Fight Out
Fight Out (FGHT) is leading the Move-to-Earn (M2E) charge. Unlike some of its predecessors, FGHT allows users to track multiple fitness metrics and follow their progress easily on their virtual avatar. This helps them visually see how well they’re doing and keeps them motivated to keep coming back for more.
The impressive rewards users can earn just for working out in this gym and fitness app also incentivizes them to invest into the platform, which ultimately increases the value of the $FGHT token.
This crypto project will only be in presale for a little while longer, as its first CEX listing is already scheduled for April 5. Buy FGHT now before you miss out.
RobotEra (TARO) is bringing together people from all over to help rebuild the beautiful planet of Taro after a long war. The sandbox-like, planet-rebuilding metaverse puts the power of creation in the hands of all users, who can collaborate with others and create robot companions as they build new worlds.
In doing so, they’ll create new NFT communities, all of which are based on the $TARO token. As such, the value of the token is likely to soar, making it a solid investment for players and non-players alike.
RobotEra is closing in on the end of presale stage 1, with a price increase coming soon. So, buy now to get the best ROI.
C+Charge (CCHG) is democratizing carbon credits through its new blockchain-based app. It’s rewarding drivers of EVs with carbon credits, something that before was only reserved for wealthy individuals and large businesses. In addition, it’s bringing transparency and simplicity to EV charging – two things that are desperately needed.
EV drivers can see which charging stations are available, and what the cost of them will be – something that before now simply wasn’t available. Plus, it is a robust P2P payment system that can be used to pay for the charging directly.
C+Charge is coming to the end of presale stage 1, with a price increase coming soon. It’s also already scheduled the first CEX launch for March 31. That leaves little time to get in on the ground level of this great project.
Metacade (MCADE) is a P2E project that has loads of metaverse-based games and classic arcade games as well. It’s hoping that the classic feel and offerings are going to appeal to a wide variety of users, and it might be right.
What’s unique about the platform is that it can be used by developers and game creators to test out what they’ve created. This may draw more gamers to the platform in the future, which could increase the value of it.
SHIB Has Hit Its Ceiling, So Buy These Cryptos Instead
Most experts would agree that even though Shiba Inu has experienced a nice uptick in value over the last 30 days, it’s still more likely than not to have a dip once again. Many believe that it’s already reached its ceiling, which means it would be best to stay away.
Instead, the better option is to buy Meta Masters Guild, Fight Out, RobotEra and C+Charge. All of these projects are in presale stages now, which presents the best opportunity for huge gains. But, don’t delay any longer as the low prices are not going to last.