The price of Shiba Inu oil rose 3% in the last 24 hours to $0.00000845. We look forward to the upcoming launch of the two-scale network of the Shibarium layer. Its current price represents a 6% gain for the week, although the meme token remains down 10% for the month, with Shibarium excitement still not enough to fully offset weeks of market negativity.
But the launch of the upcoming double-scale solution shows that Shiba Inu Seriously wants to be more than just another cryptocurrency accessory, which is indicated by the long-awaited metaverse. Hence, SHIB could be one of the best coins to watch this year with potentially significant rallies.
Is it too late to get a Shiba Inu? Cryptocurrency experts give price predictions for SHIB in 2023
According to the SHIB price chart, a rebound to correct the selling months is long overdue. Its relative strength index (purple) has spent months above (or below) 50, although its recent rally suggests we may be at the beginning of a recovery.
Likewise, its 30-day moving average (red) remained below its 200-day moving average (blue) for most of the last 12 months, this again shows that it really needs to take a break and recover again in the near future.
Recent developments in the Shiba Inu ecosystem suggest that such a break may be closer than some think. As mentioned above, The Shibarium network is expected to launch a beta version in the coming weeksalthough his team did not provide a specific date or window.
This is a big development for Shiba Inu, as until now the Ethereum-based cryptocurrency (like many other platforms) has suffered from relatively high Ethereum gas fees. However, With the launch of Shibarium, it will be faster and more cost-effective, It should facilitate greater adoption and use of SHIB.
The introduction of Shibarium comes at the right time for the Shiba Inu, who is also looking forward to his own metaverse. The latter continues to be steadily developed, with the team releasing a steady stream of concept art and demos in 2022, welcoming the new year with a promise to “look forward to sharing more developments” on the way to launch.
Assuming SHIB’s metaverse is launched this year, it will lead to a massive SHIB rally. Indeed, for example, the altcoin showed a 58% increase in early February after the ripple effect of the announcement of its metaverse.
That too it increased 25% between mid-March and the end of Marchwhile August marked a 64% increase, meme token drops from $0.00001032 to $0.00001695 in days. All this as the metaverse team shared new updates hinting that the release of the platform will cause a huge rally.
SHIB for community members is expected to reach $0.001 this year. That would mean a gain of over 10,000% from its current priceit’s not impossible, but it would almost certainly mean that SHIB is the top-100 performing coin of the year.
In the shorter term, some analysts predict that SHIB will see a 30% rally by the end of January, bringing it to around $0.000011, a zero loss.
While SHIB certainly has the best chance of enjoying a rally among the major cryptocurrencies this month, there are several new altcoins that could rise in the coming weeks. In particular, cryptocurrencies that are currently doing their pre-sale could see big rallies after seeing their first listings on exchanges last year, despite the bear market being very profitable.
For example, Lucky Block (LBLOCK) It saw a fairly large increase in value of 6,000% from its pre-sale price of $0.00015 in February. To take another example, Tamadog (TAMA) When it was listed on the OKX in October, it rose 1,800% from its pre-sale price.
The three altcoins below are still in the process of holding their respective token sales, but these will end soon, giving early investors an above-average chance of profit.
Fight Out (FGHT)
Ethereum-powered Fight Out (FGHT) is an ambitious platform to win. combines real exercises with Web3. Taking inspiration from previous M2E platforms like STEPN, it will track and reward a variety of workouts including boxing, weightlifting and yoga, while also offering a range of in-app and IRL classes at its gyms.
It went on sale last month, its token sale has already raised more than $2.6 million, 1 FGHT is currently worth $0.0166 (although this price is poised to increase). Investors can participate in the presale by visiting its official website and connecting their wallets Connect a wallet or MetaMask.
Dash 2 Trade (D2T) – Last chance to buy
Dash 2 Trade is an Ethereum-based trade intelligence platform scheduled to launch in the coming months. It will provide real-time analytics and social commerce data. It offers investors of all experience levels all the resources and tools they may need to improve their trading performance.
D2T Token Presale It has collected more than 13.6 million dollars and it’s really over, but The Dash 2 Trading team is now hosting an extreme funding round Ahead of the D2T listing on January 11. Already confirmed listings on BitMart, Changelly Pro and LBANK Exchange, more to follow.
C+Charge (CCHG) is a peer-to-peer payment network for electric vehicle (EV) charging stations that aims to democratize access to carbon credits. By the end of 2022, operating on the BNB channel, the domestic token CCHG will be sold. CCHG will be used to pay for vehicle charging by EV owners within its network.
C+Charge will also reward users with carbon credits for charging their electric vehicles at its stations. A contract has already been signed with the platform Perfect Solutions TurkeyAdds 20% of electric car chargers in Turkey to its network.