Shiba Inu (SHIB) Investors Warned by Experts: The Rapid Rise in the Crypto World Is Over

Shiba Inu still has promising potential in the long term, but investors should keep their expectations low, stating that a dramatic price increase is unlikely in the near future.

Cryptocurrency investors have been warned by experts that the rapid rise in the crypto world is over, and they should adopt a more cautious perspective on the market. While crypto analysts agree that Shiba Inu still has promising potential in the long term, they emphasize that investors should keep their expectations low, stating that a dramatic price increase is unlikely in the near future.

Shiba Inu has been a hot topic among cryptocurrency investors in 2023, with its price showing a remarkable increase. However, some analysts believe that the recent period of rapid price increases has come to an end. In a recent YouTube video, crypto analyst Zach Humphries shared his insights on the SHIB price and offered a more realistic update to Shiba Inu investors.

Humphries stated that his message was intended to enlighten and inform all investors who want to get involved in the SHIB ecosystem or are already in this ecosystem. He highlighted the importance of having realistic expectations when it comes to the meme coin’s price performance.

Many in the crypto world believe that Shiba Inu will experience a strong bull run that could last for the next 8 to 12 months, or even up to 15 months. However, Humphries expressed his disagreement with this expectation, stating that while Shiba Inu will outperform the market over time, this massive bull run will not happen immediately.

Humphries declared that the era of Shiba Inu increasing by thousands of percent in weeks or months is over. He based this prediction on the impressive growth data recorded by SHIB over the years. He stated that the meme coin is now a multi-billion dollar asset and is ranked as the 15th largest cryptocurrency by market cap. Therefore, Humphries stated that investors should lower their expectations and adopt a more realistic earnings target.

The crypto analyst admitted that Shiba Inu still has growth potential in the short and long term, but said that the meme coin is unlikely to reach $0.1 anytime soon. Humphries stated that expecting Shiba Inu to suddenly rise to $1 is as unrealistic as thinking XRP will skyrocket to $1,000, and refuted the idea by saying, “It’s not going to happen.”

According to CoinMarketCap data, at the time of writing, Shiba Inu was trading at $0.000012, while XRP was valued at around $0.52. Although Humphries does not foresee SHIB reaching $1, he predicts that the cryptocurrency could gain 10 times its value this cycle and reach new all-time highs. He also stated that Shiba Inu’s market value could reach $100 billion, but this depends on a full altcoin season and positive movements in the Ethereum (ETH) price.

Finally, Humphries advised investors not to be emotional when investing in speculative assets, especially cryptocurrencies. Since meme coins are heavily dependent on the emotional state and speculations of social media and communities, investing decisions based on emotions can lead to unnecessary losses.

Since the market price of meme coins like Shiba Inu is shaped by community influence and social media discussions, adopting a rational and long-term strategy may be a healthier path for investors.

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