Shiba Inu: Top Expert Outlines Strategic Vision to Drive SHIB to the Moon
Popular crypto educator Davinci Jeremie weighs Shiba Inus potential in the current market cycle and outlines a strategy that could take SHIB to the moon. Recent Shiba Inu Bearish Performance Shiba Inu has continued to trade in bearish territory in recent weeks, thanks to the unending downturn across the broader crypto market. At the current price of $0.00001306, SHIB is down 1.34% in the past 24 hours, 7.3% in the past week, and 17.84% over the past 30 days. Shiba Inu has also lost 59.37% of its value over the past three months, leading to its collapse to the $0.000013 mark. Despite Shiba Inus devastating plunge, several enthusiasts like Jeremie are optimistic about the tokens potential, with the expert projecting that SHIB could 'go to the moon' this cycle. SHIB Is Set for a Strong Cycle, But Theres a Catch Interestingly, the renowned crypto educator predicts that SHIB will perform strongly in this cycle. However, he cautions that the token might not deliver the dramatic rallies some investors expect this cycle.Explaining the rationale behind this reasoning, Jeremie acknowledged that Shiba Inu has a strong utility following the introduction of Shibarium. According to him, Shibarium provides users with low-cost transactions and boasts the ability to run different types of applications. Despite Shibariums technical capabilities, Jeremie notes that nobody is using it. He emphasized that there are no real-world applications on Shibarium that drive SHIBs adoption. If they get that solved, Shiba Inu will go to the moon, Jeremie asserted. This suggests that if the ecosystem team can attract real-world applications to Shibarium that utilize SHIB for transactions, the tokens price will skyrocket significantly this cycle. Meanwhile, the ecosystem team has embarked on various initiatives to drive Shibariums adoption, including partnering with top crypto projects like Chainlink and K9 Finance DAO. For instance, its partnership with Chainlink allows Shibarium to integrate the protocols Cross-Chain Interoperability Protocol (CCIP), granting more accessibility to Shiba Inu ecosystem tokens, including SHIB, BONE, LEASH, and TREAT. As the team rolls out more initiatives to drive Shibarium's adoptionespecially attracting more decentralized applications that leverage SHIBJeremie expects the token to experience a significant price surge.
Text source: The Crypto Basic
