A panel of FinTech experts shared their views on Shibarium’s impact on SHIB price. A quarter of experts predict a bull period. Here are the details…
SHIB price has bullish prospects
Shibarium is currently the most anticipated project in the Shiba Inu ecosystem. While the Shiba Inu community eagerly awaits the mainnet launch, its impact on the price of the SHIB remains a matter of debate. Some FinTech experts believe that this effect will be positive. Finder, a leading award-winning FinTech firm, polled a panel of 55 industry players in the FinTech scene late last year. The survey focuses on forecasts for the future price of the Shiba Inu, taking into account market conditions and developments in the ecosystem.
Among these 55 industry experts are Serhii Zhdanov, CEO of the big exchange EXMO; Simon Trimborn, Assistant Professor at the University of Amsterdam; Justin Hartzman, CEO of CoinSmart Financial; and Yves Longchamp, Research Manager at SEBA Bank.
Bull expectation emerged from the Shibarium survey
Finder asked their opinion on the potential impact of the launch of the Shibarium on the price of the Shiba Inu. However, 50 percent of experts said they were unsure of its impact on the SHIB’s value. This response was due to limited information on Shibarium at the time. Note that the development team had not released the Shibarium beta testnet Puppynet at the time. Puppynet’s performance to some extent demonstrates Shibarium’s potential.
Despite the lack of information at that time, 25 percent of the respondents emphasized that Shibarium would positively affect the price of the Shiba Inu when it was launched. Also, regarding the extent of this impact, 19 percent of experts believe the impact will be moderate. In contrast, 6 percent think it will be explosive. However, 22 percent of respondents say the Shibarium launch will not have any impact on the price of the Shiba Inu. These individuals believe that the value of SHIB will keep its trajectory unaffected by Shibarium.
There is also a SHIB price forecast for the negative impact of the Shibarium launch
On the other hand, 3 percent of FinTech experts surveyed by Finder believe that the launch of Shibarium will negatively affect the price of SHIB. Due to limited information, the reason behind this prediction is unknown. Meanwhile, when asked about upcoming projects that could support Shiba Inu adoption, only 9 percent chose Shibarium. Another 9 percent chose SHI, the stablecoin of the Shiba Inu ecosystem, which attracted great attention last July. 3 chose the Shiba Inu ecosystem Doggy DAO, while 3 percent chose the upcoming ShibaSwap 2.0. However, 19 percent of experts believe that none of the upcoming projects will support adoption. But 56 of them are not sure.
Positive comments from the inventor of SHIB
The Shiba Inu co-creator, known by the alias Shytoshi Kusama, talked about the recent transaction peak seen on the Shibarium testnet Puppynet, which launched on March 11. He made a positive comment. Twitter user “cryptolight Shibarium” shared the news that Shibarium has crossed the 31 million transaction threshold. Shytoshi Kusama praised this new utility milestone for Puppynet by dropping a “party” emoji in the comment thread. According to Puppyscan Shibarium traveller, the last daily trading peaks occurred on July 4 (277,139) and July 11 (279,814). At the time of writing this news, the total number of transactions is 31,546,937. According to Puppyscan, the average daily transaction amount on Puppynet is 256,340. The amount of linked wallets remained unchanged over the past week after hitting 17,062,440 wallet addresses.
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