Cryptocurrency exchange Changelly has issued a bullish price prediction for Shiba Inu (SHIB).
Changelly predicted in one blog post that the Shib Inu will increase in price by more than 40% from current prices and up 0.00002495 USD on July 1 and could rise to 0.0000389961 USD by the end of the year.
The exchange believes that this meme coin still has a strong upward trend, noting that SHIB has recently shown “very strong potential”.
Changelly note the way Shiba Inu developers “solves serious real-life problems”.
On the blog, the post also highlights how the Shiba Inu is working towards becoming one “mainstream” decentralized ecosystem with the community having 100% control over the network without the need for a centralized management authority.
Changelly stated that the overall market sentiment towards SHIB coin is “quite positive” despite the recent downtrend. Mention Shibarium, the floor said this is one “important factor” is creating a lot of excitement for Shiba Inu investors.
Changelly also confirms that Shiba Inu do “The distinct advantage is having a large, enthusiastic and passionate community”. The Shiba Inu community, famous for its name ‘SHIB Army’ has played a key role in the growth of Shiba Inu, and Changelly believes they can also help make Shibarium one of the leading layer 2 Ethereum networks.
Analyst: Shiba Inu on the road to recovery, could soon reach $0.0001
