Warnings for Shiba Inu (SHIB) Investors
Shiba Inu (SHIB) investors are facing various warnings indicating that the rapid growth periods in the cryptocurrency world have come to an end. Experts emphasize that investors should adopt a more cautious approach. Although crypto analysts acknowledge that Shiba Inu still has promising potential in the long term, they indicate that a dramatic price increase in the near future seems unlikely. In this context, it is stated that investors need to adjust their expectations to a more realistic level.
The Era of Rapid Price Increases for Shiba Inu Has Ended
In a recent YouTube video, crypto analyst Zach Humphries provided a current and realistic assessment to Shiba Inu investors. Humphries stated that this message aims to inform all investors who want to be part of the SHIB ecosystem or who are already in it. He expressed that many people in the crypto world believe that Shiba Inu will experience a strong bull run over the next 8 to 12 months, even up to 15 months, but he emphasized that this expectation is not realistic.
The analyst acknowledged that Shiba Inu could eventually outperform the market, but warned investors that this massive bull run will not happen immediately. Humphries explained that the periods when Shiba Inu showed thousands of percent increases within weeks or months have come to an end. He based this prediction on the impressive growth figures that SHIB has recorded over the years, stating that the meme coin has now become a multi-billion dollar asset and ranks as the 15th largest cryptocurrency by market capitalization.
What Are Realistic Targets?
While Humphries acknowledged that Shiba Inu still has growth potential in both the short and long term, he stated that it is unlikely for the meme coin to reach the 0.1 dollar level anytime soon. The analyst pointed out that expecting Shiba Inu to suddenly rise to 1 dollar is as unrealistic as thinking that XRP will soar to 1000 dollars, asserting, “This is not going to happen.”
According to CoinMarketCap data at the time of writing, Shiba Inu was trading at around 0.000012 dollars, and XRP’s value was around 0.52 dollars. Although Humphries does not foresee SHIB reaching the 1 dollar level, he predicts that the cryptocurrency could gain 10 times its value in this cycle and reach new all-time highs. Furthermore, he stated that Shiba Inu’s market capitalization could reach 100 billion dollars, but this would depend entirely on experiencing a proper altcoin season and positive movements in Ethereum (ETH) prices.
It’s Important to Invest Without Emotion
Finally, Humphries advised investors not to behave emotionally when investing in speculative assets, especially cryptocurrencies. Since meme coins are largely dependent on the emotional state of social media and community speculation, such emotional decisions can lead investors to unnecessary losses. Because the market price of meme coins like Shiba Inu is shaped by community impact and social media discussions, adopting a rational and long-term strategy may be a healthier path for investors.
Another significant topic highlighted in Humphries’ video was the potential impact of the Shibarium burn mechanism developed for Shiba Inu. The analyst noted that significantly reducing the total supply of SHIB could lead to a substantial increase in the coin’s price. Specifically mentioning the growing demand among retail investors for the implementation of this burn mechanism, Humphries stated that this development could positively affect SHIB’s price.
The Shiba Inu community believes that with the implementation of the SHIB burn mechanism, the supply-demand balance could shift in favor of the cryptocurrency. If this mechanism is effectively utilized, there could be significant pressure on the price of Shiba Inu, making it possible to reach higher price levels in the future. However, such speculations require investors to be cautious and keep their short-term profit expectations low.