The Shiba Inu Community Thinks SHIB Price Will be Bullish on June 30, 2022June 2, 2022
The extended period of bearishness did not avoid one of the most popular meme coins on the cryptocurrency market – Shiba Inu (SHIB). But its recent comeback has resulted in the crypto community’s confidence about its future price.
Recently, the CoinMarketCap community predicts that the SHIB token will trade at an average price of $0.00002654 by the end of June 2022, based on the most recent predictions made using the platform’s “Price Estimates” tool, which allows users to make crypto price predictions and see their average score.
Notably, the crypto community’s SHIB price predictions anticipate an average price of $0.00002654 on June 30, 2022, a $0.00001556 or 141.83% rise over the present crypto price of $0.00001097.
At the time of writing, 18,482 community members had voted. Moreover, 11,000 users voted for the price to be somewhat lower one month later—on July 31—at $0.00002546.
Moving further, you should know that the SHIB token has been trending downhill since the beginning of the year, with a few remarkable peaks along the way. It has declined from $0.000034 on January 1 to $0.00001097 today, a 67.74% decrease over the observed period.
According to CoinMarketCap, the total market cap of the “Dogecoin Killer” is $6.01 billion at the writing time.