Shibarium, the highly anticipated project within the Shiba Inu ecosystem, is generating significant excitement among the Shiba Inu community as they eagerly await its mainnet launch. There is ongoing debate about how this launch will impact the price of SHIB, the native cryptocurrency of the ecosystem. Some experts in the FinTech field are optimistic that this impact will be positive.
A survey conducted by Finder, a well-known and award-winning FinTech firm, late last year, aimed to gather insights from 55 key players in the FinTech industry. These experts were asked to project Shiba Inu’s future price, taking into account various market conditions and developments within the ecosystem.
The panel of 55 industry specialists consists of notable figures such as Serhii Zhdanov, the CEO of major exchange EXMO; Simon Trimborn, an Assistant Professor at the University of Amsterdam; Justin Hartzman, the CEO of CoinSmart Financial; and Yves Longchamp, the Head of Research at SEBA Bank.
25% Shiba Inu Enthusiasts Optimistic on Shibarium
Finder conducted a survey to gather opinions from 55 FinTech industry specialists regarding the potential impact of the Shibarium launch on the price of Shiba Inu (SHIB) cryptocurrency. However, half of the participants (50%) expressed uncertainty about how the launch would affect SHIB’s value. This uncertainty was attributed to the limited information available about Shibarium at that time, as the development team had not yet released Puppynet, which is the beta test network for Shibarium.
The subsequent release and performance of Puppynet served as a demonstration of Shibarium’s potential, providing more insights into its capabilities and impact on the overall Shiba Inu ecosystem. As a result, it allowed industry experts to gain a better understanding of the project’s potential implications for the price of SHIB.
Even though there was limited information available, 25% of the respondents remained optimistic that Shibarium’s launch would have a positive impact on Shiba Inu’s price. Among these experts, 19% believed that the effect would be moderate, indicating a gradual but notable increase in SHIB’s value.Â
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On the other hand, a smaller group of 6% expressed a more bullish view, anticipating an explosive impact on the price of SHIB, suggesting a significant and rapid surge in its value upon Shibarium’s launch.
Shiba Inu Prospects
According to the survey conducted by Finder, 22% of the respondents expressed the belief that the launch of Shibarium would not have any effect on the price of Shiba Inu (SHIB) cryptocurrency. These experts think that SHIB’s value will continue on its current trajectory without any positive or negative impact from Shibarium.
Conversely, 3% of the FinTech specialists in the survey have a pessimistic view, suggesting that the Shibarium launch could negatively affect the price of SHIB. However, the exact reasons behind this projection remain unknown due to the limited information available at that time.
Regarding upcoming projects that could drive Shiba Inu adoption, only 9% of the respondents mentioned Shibarium. Another 9% showed interest in SHI, the proposed stablecoin within the Shiba Inu ecosystem, which had garnered significant attention in the previous July.
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A small percentage (3%) of the specialists mentioned Doggy DAO, a project within the Shiba Inu ecosystem, while another 3% favored ShibaSwap 2.0, an upcoming version of the decentralized exchange. However, a considerable portion (19%) of the experts believed that none of these upcoming projects would significantly boost adoption, and the majority (56%) remained uncertain about their potential impact.
