SHIB-BPP, a Shiba Inu focused Twitter account, shared the latest SHIB announcement from Kraken Pro. Meanwhile, the popular meme-coin can now be used to shop from over 150 brands via the Crypto.com app. In the midst of these developments is a promising forecast for the Shiba Inu.
Shiba Inu (SHIB) announcement from Kraken
According to the tweet shared by SHIB-BPP, the exchange’s advanced cryptocurrency trading platform Kraken Pro will charge 0% maker and 0.01% taker fees for trading SHIB for the next 100 days.
An announcement on the official Kraken Pro Twitter account reads: “Celebrate our new perpetual futures listings. Enjoy the lowest fee tier when trading SHIB for the next 100 days. Fees will be 0% maker and 0.01% taker, respectively.” cryptocoin.com As we reported, Shiba Inu perpetual futures went live on Kraken on May 30.
It is possible to buy the best brands with SHIB on CryptoCom!
The world’s leading cryptocurrency exchange Crypto.com has launched a shopping feature that allows users to shop from over 150 famous brands, including Apple, Ray-Ban, and Nike, using Shiba Inu and other popular cryptocurrencies. In today’s announcement, Crypto.com announced that shoppers will earn up to 10% back in Pay Rewards when they purchase through the Crypto.com App. This means that users will receive a portion of their spending as a reward for each transaction.
The exchange also stated that this feature is currently limited to users residing in the US. Crypto.com has continued to support the Shiba Inu Ecosystem since adding support for SHIB on October 5, 2021.
A promising prediction for the Shiba Inu
The future of SHIB remains uncertain. However, a large number of platforms are making predictions about the price direction from its current position. The latest ChangeNow, citing outside sources, predicted a price of $0.0000225 for the SHIB next year.
In a recent blog post, ChangeNow, a leading crypto exchange service, took into account the current position of Shiba Inu, the dynamics of its ecosystem, and the predicted price of the asset for the next one to seven years.
Basis for Shiba Inu price forecast
ChangeNow highlighted that the all-time high of $0.00008616, which Shiba Inu reached in October 2022, is due to a combination of several factors, such as listing on top exchanges such as Binance and Coinbase Pro, increased adoption and the development of the SHIB ecosystem. However, ChangeNow noted that SHIB has been facing a downturn recently. It also found that it changed hands at a less favorable value for investors.
ChangeNow cites data from DigitalCoinPrice, the best price monitoring resource for crypto assets. Accordingly, he predicts that SHIB will trade at an average price of $0.0000186 in 2024, ranging from $0.0000191 to $0.0000225. The target of $0.0000225 would indicate a 164% increase in the value of SHIB, which is currently at $0.00000851.
Additionally, the Shiba Inu’s price projection for 2025 averages $0.0000293 with a projected low of $0.0000256 and a potential high of $0.0000313. Ultimately, Combining DigitalCoinPrice and CoinPriceForecast data, ChangeNow determined the projected high of the Shiba Inu at $0.0000913 in 2030.
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