Shiba Inu Price Prediction – Can it Recover? 3 Other Coins to Consider

  • Amid increased trading volume and volatility following the FTX collapse, we provide a Shiba Inu price prediction.
  • We also profile 3 tokens we believe are worth investing in over SHIB.

Shiba Inu (SHIB) rode the coattails of Dogecoin during the meme coin era and became the second biggest meme project behind DOGE. 

It positioned itself in the market as a ‘DOGE Killer’ as investors were looking for the next coin that would provide massive returns after Dogecoin’s incredible rally.

SHIB’s marketing strategy as DOGE’s top alternative resulted in the coin surging during October 2021, but the rally was followed by a rapid crash, with SHIB losing more than 90% of its value.

Currently trading at $0.00000925, Shiba Inu crypto is destined to drop lower before it recovers, according to some analysts. Although SHIB can recover, it may take a while before it provides huge returns again.

Shiba Inu Price Prediction

SHIB has seen increased trading volume in recent days after an immediate sell off in the wake of the FTX collapse and, according to CoinMarketCap, is up 15% in the last 24 hours to $158 million.

The token has seen continued volatility in recent days and has been ranging between $0.0000088 and $0.0000096 in the last week.

If Shiba Inu continues to tend upwards, it will face resistance at $0.0000128 but breaking through that level will mean a possible spike up to $0.000017 – trading volume will need to increase significantly if SHIB is to continue its momentum and reach those levels.

Failing to break through $0.0000128 will seem as if SHIB is bouncing around its range and could head to the bottom of it at $0.0000085.

The good news for SHIB is that it seems it has formed the Wyckoff spring — which makes a panic low below support and then springs back up to its normal trading range. A significant price recovery usually follows the Wyckoff spring.

Our price prediction for SHIB by the end of 2022 is $0.000012. A crypto market recovery is on the cards in 2023 since numerous coins lost more than 90% of their value during their 2022 crash.

Our Shiba Inu price prediction concludes that SHIB could reach $0.00028 in 2023 after battling heavy resistance at $0.000017. 

Shiba Inu Alternatives

Our review team has also found 3 coins that investors should consider if they desire big returns in the near future. 

The good news is that all 3 coins are on presale, enabling investors to get the best asset prices – the three coins are D2T, IMPT and RIA.

Dash 2 Trade (D2T) – Crypto Signals Platform with On-Chain Analytics

Investors seeking a protocol to help them become more profitable will appreciate crypto analytics and intelligence platform Dash 2 Trade

Besides the platform, investors also benefit from owning D2T — an appreciating asset that is racing through its presale and will now be listed on exchanges much sooner than had originally been planned.

That is because the developers have decided to bring Dash 2 Trade to the market in the wake of the FTX collapse, with crypto investors crying out for reliable tools and insights that help them mazimize profits and avoid scam projects.

Dash 2 Trade – which has been developed by the same doxxed and KYC-verified team that was behind Learn2Trade, a forex and crypto trading platform for beginners that has 70,000 global users – will now only have four presale stages instead of nine.

Currently, in stage 3 of the presale, D2T tokens are available at $0.0513 and will increase to $0.0533 in the final stage.

The presale allocation of tokens has been drastically cut – from 665 million to 262.5 million – and more than 150 million of those tokens have already been sold, meaning there is limited time remaining before D2T reaches exchanges.

The project has already confirmed listings on LBank and BitMart, with the token expected to surge in price at its IEO given the interest around the token and the unique utility of the protocol.

Dash 2 Trade has already raised more than $7.5 million in just over a month and investors shouldn’t wait for D2T to be listed on exchanges because only 5% of the 1 billion capped supply is available for liquidity.

Apart from owning an appreciating asset, investors use their tokens for subscriptions to access the platform’s wide range of tools and analytical data. 

Visit Dash 2 Trade Presale Now

Dash 2 Trade’s Platform

Investors who want to avoid studying charts for hours and reading fundamental data can use Dash 2 Trade’s signals to enter buy and sell opportunities. 

The platform also enables traders to benefit from automated trading.

Once Dash 2 Trade’s presale ends, investors don’t need to worry about finding other crypto presales – the platform scours the market for new presales and then scores them according to their utility, tokenomics and audit. 

The score, out of 100, helps investors determine the project’s legitimacy and allows users to invest with confidence in the best projects and avoid tokens that will not be profitable or that are outright scams.

Also available to Dash 2 Trade users are alerts of coins listed on new exchanges.

Traders will also benefit from the builder strategy and backtester tools, with these tools helping users build various strategies and determine the most profitable ones by testing them in a simulated environment that mimics live market conditions.

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Sentiment and narrative plays a vital role in crypto prices, so Dash 2 Trade follows trends and provides metrics about coins that the crypto market is talking about on Twitter and Reddit. 

It relays this information to subscribers, helping them get in on coins before they potentially take off.

Dash 2 Trade has made this platform social and enables traders to swap strategies and then monitors the ones that perform well to share with the rest of the community. Investors can also enter trading competitions and weekly price predictions to earn rewards.

The on-chain analytics feature scans popular networks and provides statistics about wallet movements and when irregular movements occur, the feature alerts investors so they know what the smart money is doing.

The D2T token grants investors access to Dash 2 Trade’s tools and insights via a three-tiered subscription model – costing from 400 to 1,000 D2T per month.

Investors need to own D2T tokens to take advantage of all those tools, and the best time to get them is now with only 100 million presale tokens remaining and D2T expected to pump after listing.

Visit Dash 2 Trade Presale

IMPT – Innovative Eco-Friendly Crypto Project

Investors conscious about contributing to environmental causes while earning rewards will appreciate new presale IMPT, which has raised a massive $13m so far.

This ecosystem rewards investors with IMPT tokens for shopping at preselected retailers.

IMPT has partnered with numerous retail giants that will donate a portion of their revenue to causes caring about our environment, with Samsung and Microsoft among the brands with affiliate partnerships.

The other benefit of this platform is that it allows investors to play a direct role in making a positive environmental contribution.

It’s enabled a social feature that tracks each user’s carbon footprint and users who reduce their carbon footprint are rewarded with points. Even higher points are rewarded when users burn their carbon credits.

If carbon credits aren’t burnt, they’re minted into NFTs — representing assets investors can sell or hold as a long-term investment.

To impact the environment positively, investors need to own IMPT tokens. 

Getting involved in this project now means getting the tokens at $0.023 and then watching them appreciate in value as they enter the final stage, where they wills sell for $0.028.

Considering that IMPT has raised more than $13 million since the beginning of October 2022, these coins are likely to sell out fast.

Visit IMPT’s Presale

Calvaria (RIA) – Play to Earn Crypto Offering High Bandwidth and Low Fees

Calvaria is a battle-card strategy game that’s distinguished itself from other Play-2-Earn (P2E) games in various ways. 

By using the Polygon network to build its ecosystem, Calvaria has circumvented the scalability issue that most games encounter – providing players with high bandwidth and low fees

Players build up their card decks with unique characters by using RIA tokens to buy them or earn them by winning matches, while Calvaria also provides power-ups and resources that strengthen players’ decks.

Players can also combine cards of the same strength to buy higher-level cards and defeat opponents to win tournaments. Calvaria is also different from other P2E games because it offers two reward tokens: eRIA and RIA.

Both of the coins can be used for in-game purchases and collecting rewards – RIA token holders can also stake their coins to receive a passive income and govern the ecosystem via a DAO to ensure it functions properly.

Calvaria is also developing a free-to-play version of its main game to entice traditional and casual players to the blockchain – with that version requiring no NFTs or tokens to play.

Calvaria, which is in full 3D and available on mobile devices, is one of the coolest NFT projects and currently offering its native token in the final stage of its presale.

The presale has already raised more than $2 million and is now in its final stage before it reaches exchanges, where it is expected to further increase in price.

With only 30 million tokens remaining, sell out is imminent, so make sure you get in before it’s too late.

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Visit Calvaria Presale Now

 

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About Author

John Kiguru is an astute writer with a great love for cryptocurrency and its underlining technology. All day he is exploring new digital innovations to bring his audience the latest developments.

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