According to crypto experts, Shiba Inu (SHIB) has a lot of room to grow in value this market cycle, with a possible peak of $0.00014. It is quite improbable that the meme coin would repeat its 2021 run, thus the expert cautioned against getting your hopes up.
The Potential Value of a Shiba Inu Could Reach $0.00014
During a video on his YouTube channel, Zach Humphries said that Shiba Inu has the potential to "definitely" see a 10x run from its present price level. This bull run would bring the price to a new ATH of $0.00014. Shiba Inu may potentially reach a $100 billion market value if its price increases to this level, as pointed out by the crypto expert.
This Shiba Inu price increase, the crypto expert said, will continue so long as the market has another altcoin season. He went on to say that Ethereum's performance would determine the altcoin season as a whole, and that Shiba Inu's chances of success will depend on Ethereum's ability to break new market cap records.
According to Zach, SHIB is the largest ERC-20 cryptocurrency. So, it's not surprising that the second-largest meme currency by market value has a substantial price surge during the altcoin season, when Ethereum makes its move. Zach has previously announced very positive pricing predictions for Shiba Inus. In June, he made the prediction that this market cycle would see the meme coin's market value hit $100 billion.
At the same time, Oscar Ramos and other cryptocurrency experts have forecasted that Shiba Inu's price would drop by another zero. Javon Marks forecasted a Shiba Inu boom to $0.0001553, while Ramos said the meme currency may reach $0.0001.
There's Little Hope That SHIB Will Recreate Its 2021 Bull Run
Zach was optimistic on Shiba Inu in his forecast, but he cautioned that the meme currency would not be able to repeat its 2021 bull run due to the fact that it can no longer record large gains in weeks. The 2021 bull run saw the price of Shiba Inu soar to an all-time high of $0.00008845 in October, after continuing to soar for weeks. This amounted to a 157 million percent gain.
According to the crypto expert, anybody hoping to make money off of Shiba Inu's meme currency has to be "realistic" about their expectations. Zach pointed out that SHIB's multi-billion dollar market value puts it among the top cryptocurrencies by market cap, which is different from 2021. So, according to his logic, the meme currency is no longer able to go to the upside. This is in keeping with what the crypto expert said when he cautioned investors not to believe the claims that Shiba Inu may run up to $1 or even $0.01.
âââImproving Blockchain for Convenient User Experiences with Intent-Centric dApp Interactionâââ
đWhen it comes to decentralization, transparency, and security, blockchain technology has completely changed the game. Nevertheless, a major obstacle to widespread use is often its complexity. Direct user interaction with blockchain networks via decentralized apps (dApps) is a major challenge. The normal user may feel overwhelmed by the level of knowledge required for these interactions, since they often include complex blockchain ideas like gas costs, wallets, and transaction confirmations. Here we have intent-centric decentralized app interaction, a game-changing method that eliminates these complications and provides a natural and easy-to-understand interface for the end user.
đFocusing on the user's intended goal instead of the complex procedures underlying it is the essence of intent-centric decentralized application interaction. These systems automatically manage the underlying blockchain processes based on user intents, eliminating the need for users to interface directly with the blockchain. Users may be interested in decentralized finance (DeFi) protocols or token swaps, for example. With intent-centric design, consumers could only communicate their goal via an intuitive interface, and the decentralized application (dApp) would take care of the grunt work, like finding the most efficient routes, figuring out gas costs, or signing transactions.
đThe development of the internet parallels this change. To make good use of it in its early stages, users needed a deep understanding of many technical aspects. On the other hand, as technology advanced, interfaces shifted their attention to the user, simplifying things while still providing value. Similarly, blockchain technology can be used by more people since intent-centric dApp interactions take away the technical hurdles.
đDevelopers may build decentralized applications (dApps) that appeal to a much larger audience by putting user intent first and streamlining the interaction experience. By taking this route, we can increase user happiness and create a more welcoming digital environment, both of which will help blockchain technology reach its full potential as the backbone of future digital experiences.
#dappOSTheFutureofIntents #BinanceWeb3Wallet #SHIB #Whale.Alert #LUNC
