$SHIB Cryptocurrency exchange Changelly has issued a bullish prediction for Shiba Inu (SHIB).

Changelly predicts in a blog post that the Shib Inu will increase in price by more than 40% from its current price to $0.00002495 by July 1, and could rise to $0.0000389961 by the end of the year.

The exchange believes that this meme coin still has a strong upward trend, noting that SHIB has recently shown “very strong potential.”

Changelly notes how Shiba Inu developers “solve serious real-life problems.”

On the blog, the post also highlights how Shiba Inu is aiming to become a “mainstream” decentralized ecosystem with the community having 100% governance of the network without the need for a centralized governing authority.

Changelly stated that the overall market sentiment towards SHIB coin is “quite positive” despite the recent downtrend. Referring to Shibarium, the exchange said this is an "important factor" that is creating a lot of excitement for Shiba Inu investors.

Changelly also asserts that Shiba Inu have “the distinct advantage of having a large, enthusiastic and passionate community.” The Shiba Inu community, popularly known as the 'SHIB Army' has played a key role in the growth of Shiba Inu and Changelly believes that they can also help make Shibarium one of the leading layer 2 Ethereum networks. head.