Shiba Inu (SHIB) Outlook for 2022

With any type of investing there is room for huge gains as well as huge losses, only you can decide if SHIB is right for you. I will disclose that I do personally hold a small portion of SHIB in my crypto portfolio, but I was not asked to write this article or compensated for doing so. This is my personal feelings about SHIB moving from 2021 into 2022 based on all my research.

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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As many of you know Shiba Inu (SHIB) has seen a meteoric climb in value over the past 18 months.

08/01/2020 it was trading at 0.00000000051
05/09/2021 it was trading at 0.00003503
10/26/2021 it was trading at 0.00008
02/02/2021 it was trading at 0.00002161

From 08/01/2020 @ 0.00000000051 to 05/09/2021 @0.00003503 SHIB skyrocketed by approx. 6,868,527%.

From 08/01/2020 @0.00000000051 to 10/26/2021 @0.00008 SHIB skyrocketed by approx. 15,686,174%.

From 08/01/2020 @0.00000000051 to 02/01/2022 @0.00002161 SHIB skyrocketed by approx. 4,237,154%.

These gains are absolutely phenomenal, I hope you were an early supporter of SHIB and took some profit when the value skyrocketed to amazing levels. If you weren’t an early supporter of SHIB you missed some unprecedented returns but you can probably still see some decent returns in the near future.

I say this because:

In late January 2022, they announced the coming of Shiberse, they would describe it as an immersive experience for their ecosystem and the Metaverse space. We’ll have to see how things shape up in 2022.
They have been added to several quality exchanges.
In addition to SHIB they also have LEASH & BONE.
It is a decentralized ecosystem.
Their community appears to be very active and excited about the projects in the near future.
In 2021 Vitalik who held approx. 45% of SHIB’s supply burned 90% of his wallet, now dropping his interest to approx. 5%. This was seen primarily as a huge positive because now the token isn’t at his mercy as feared by some buyers that were concerned about his amount of holdings.
Around October 2021 the average hold time was only 6 days, now according to Coinbase it is currently 73 days. This shows that volatility has decreased, and most likely this shows that far more people are staking their SHIB which is good for the token.
Some possible concerns:
The lack of clear cut advantages over other similar tokens.
Most payment coins and protocol tokens that experience massive gains in a very short period of time typically see a very severe retracement in their value over the next year. How can SHIB avoid a massive retracement, we’ll have to see how things shake out in the first few months of 2022.

With any type of investing there is room for huge gains as well as huge losses, only you can decide if SHIB is right for you. I will disclose that I do personally hold a small portion of SHIB in my crypto portfolio, but I was not asked to write this article or compensated for doing so. This is my personal feelings about SHIB moving from 2021 into 2022 based on all my research.

I personally like the SHIB community, the ecosystem, how they have grown since their inception, and am excited to see how Shiberse will evolve in the future.

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.