ShibaDoge (SHIBDOGE-USD) price predictions are a hot topic on Tuesday as the crypto has been trending on social media for the last few days.
It looks like crypto traders are hoping that ShibaDoge will be able to become the next Dogecoin (DOGE-USD) or Shiba Inu (SHIB-USD), if the name is anything to go by. But that doesn’t tell us what the token is all about.
According to its website, ShibaDoge’s focus is pulling away control of currency from the “government controlled monopolies.” To do that, it’s attempting to unite the whales behind the Dogecoin and Shiba Inu communities into a single community.
This has ShibaDoge focusing on a community that is anti-whale. It limits wallets to only holding 1% of the current supply. It’s also an auto-deflationary token with supply dropping with every transaction. The plan is for this to increase value over time while decreasing supply
So now we know what ShibaDoge is all about, but what does its future hold? Let’s check out the latest price predictions for SHIBDOGE to find out!
ShibaDoge Price Predictions
- WalletInvestor starts us off with a one-year price forecast of $0.000001 per token for the crypto.
- Gov Capital is next with its one-year price prediction of $4.2049323240026E-17 for ShibaDoge.
- DigitalCoinPrice closes us out with an average price estimate of $0.00 for the crypto in 2023.
As you can see, there’s not much coverage SHIBDOGE to rely on. The early nature of the crypto makes it hard to predict what’s in store for it.
SHIBDOGE is down 1.5% over the prior 24-hour period as of Tuesday morning.
There’s more crypto news worth looking into below!
InvestorPlace offers all the latest crypto news with our deep dives into the space! That includes the latest news from GameStop (NYSE:GME), Coinbase (NASDAQ:COIN), and some cryptos to consider investing in. You can find all of this news at the following links!
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On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
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