Although the crypto market has been struggling to remain afloat since the regulatory hammers brought against the two largest exchanges, Binance and Coinbase, was made public, Shiba Inu (SHIB) has managed to record minor gains, and the cryptocurrency community is bullish on the future price of the digital asset.
The votes cast by the members of the largest crypto aggregating platform, CoinMarketCap at the time of press are highly optimistic regarding the price of Shiba Inu (SHIB) on the 30th of June 2023.
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Based on the data collected by TimesTabloid on the 15th of June, their collective results indicate an average price of $0.00001111 by the date mentioned above.
Specifically, if this estimation, based on 2,098 votes at the time of press, comes to reality, it would represent a notable increase of 67.67% to the current price of the dog-themed token, which is trading at $0.000006629 at the time of publication.
Read Also: 4 Trillion SHIB Unstaked, Moved to Binance. Here’s its Significance on Shiba Inu Total Supply
The Crypto Community Has 84% Historical Accuracy
It’s important to note that the average accuracy of the crypto community’s price projection for Shiba Inu (SHIB) in the last six months currently stands at 83.95%.
Meanwhile, despite the CoinMarketCap member estimates, the Shiba Inu cryptocurrency has witnessed a significant exodus of its holders, losing almost 40,000 of them in just three days, happening at the same time as a market-wide crash on June 10, which started a massive pullback of investors across the sector.
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