Some cryptocurrencies, including the Texas-based Shibnobi, aim to launch a line of DeFi, NFT, and metaverse devices. However, Shibnobi integrates well into the rest of its competition with its Shiba Inu-inspired logo. The team at Shibnobi is hopeful that its environment will be sufficient to set it apart.
Shibnobi’s randomized strategy to increase demand focuses on approachability and safety, but not everyone is buying into these assertions since CertiK discovered severe flaws with Shibnobi’s smart sign. Consider also that the Shibnobi Twitter account has been suspended for some reason.
Today’s Shibnobi price is $8.62e-16 with a 24-hour trading volume of $3,823,497. Shibnobi is down 2.39% in the last 24 hours. The current CoinMarketCap ranking is #2829, with a live market cap of not available. The circulating supply is not available and the maximum supply is not available.
What is Shibnobi (SHINJA)?
The cryptocurrency firm Shibnobi aims to create a community-driven ecosystem that will help the next generation of investors get started. According to the firm, simplicity and safety are prioritized to make the crypto ecosystem fairer and more informative for the typical investor. Shibnobi has shown its support for other platforms as well.
Founders of Shibnobi
The cryptocurrency firm Shibnobi aims to create a community-driven ecosystem that will guide future investors. According to the business, simplicity and accessibility are prioritized to make the crypto space experience better for everyone. Cliff Fettner created it, and someone only known as Luke C. on LinkedIn claims he formerly held the IT director position at Carter Intralogistics. This firm specializes in warehouse automation.
Luke, who has not revealed his last name, is currently employed by TheCryptSpace, a different cryptocurrency initiative. By establishing significant world accountability for the programs it is cooperating with, the business hopes to fulfill its guard aims. It states that “know your customer” and business checks will be used to accomplish this.
Shibnobi Ecosystem
Even though there are four projects in development, none of the goods that make up Shibnobi’s ecosystem have been published. Shibnobi firmly thinks that building great utility inside its ecosystem for its end users, in particular, will generate sentiment and user acceptance that would encourage projects to join the Shibnobi ecosystem, according to the whitepaper, is a fine example of corporate nonsense.
SHINJA has also been listed on Bitmart.
Shibnobi’s local exchange, Dojoswap, was created to be a user-friendly trading platform, according to the firm. The exchange plans to use liquidity pools driven by investors to facilitate simple trading across several networks.
Shibnobi’s wallet will be included in the Dojoswap. Through a three-factor authentication approach, it aims to be among the most secure online wallets. Apart from a code issued through an authenticator smartphone app, Shibnobi has not specified the other two elements.
Additionally, a blockchain created just for Shibnobi is scheduled for deployment. Compared to Ethereum, this network’s transaction speeds and costs will be faster. However, the Shibnobi blockchain will launch in Q3 2022, which may come after the latest Ethereum version that fixes these issues.
The Dojoverse completes the ecology of Shibnobi. According to reports, this metaverse uses NFTs to provide its members with a social and gaming environment. According to its whitepaper, the virtual reality metaverse with a medieval Japan theme called Shibnobi is anticipated to be evolved into a whole experience, enabling entertaining and gamified access to its ecosystem infrastructure.
The remainder of Shibnobi’s ecosystem is scheduled to launch by the end of this year, with Dojoverse’s release date set for 2023.
Shibnobi has also revealed a collaboration with Yield Token, in the name of TheTimer.io; they tweeted on July 17, 2022:
Shibnobi also revealed intentions to revamp the network, but Twitter had received primarily unfavorable feedback:
SHINJA has introduced a multi-chain swap across Ethereum, Binance, Cronos, and Polygon in a P2P and B2B trade.
The SHINJA Token
The utility coin SHINJA, created by Shibnobi, powers the ecosystem. According to the corporation, it will be the preferred payment method for commercial transactions and the usage of premium services like access to unique metaverse objects.
The team discovered that Ethereum’s blockchain was the simplest to build smart contracts. Hence SHINJA is presently available there as an ERC-20 token. Investors would be able to transition to the new network with minimal complication when the Shibnobi blockchain debuts early in the following year. According to their Website:
CertiK audit found ‘major’ problems
Shibnobi claims to be a secure and safe platform. However, the CertiK has discovered otherwise. The audit uncovered four significant problems, all of which have concerns associated with centralization.
The audit revealed that the owner influenced several token operations, including determining fees and transferring ownership.
CertiK found that the SHINJA tokens were issued to a centralized address, raising security concerns in the event of a breach.
However, these centralization issues have now been remedied. Investors are apprehensive about sudden price changes since inconsistent pricing suggests the item is a high-risk investment.
CertiK has advised Shibnobi to stay away from these hazards. But the cryptocurrency project has failed to heed its counsel and fix the problems.
SHINJA Technical Analysis and Price History
SHINJA price analysis for July 29, 2022, reveals the market following a complete bullish movement, obtaining significant positive momentum, signifying a gain of positivity for the SHINJA market. The price of Shibnobi has remained positive over the past few hours, showing a reasonable market cap in the crypto market.
On July 28, 2022, the price increased to a value greater than $0.000000000001. However, the market started to increase in value soon after and regained most of its value.
In the past, cryptocurrency has not performed very well and has been running into one problem after the other.
Shibnobi price analysis reveals the market’s volatility following an opening movement. This means that the price of Shibnobi is becoming more prone to the movement towards either extreme, showing increasing dynamics.
The SHINJA/USD price appears to be moving with a bullish movement. The market’s trend seems to be dominated by bulls. The SHINJA/USD price appears to be moving upward, illustrating an increasing market. The market appears to be showing bullish potential.
Shibnobi price analysis reveals that the Relative Strength Index (RSI) is stable, showing a stable cryptocurrency market. This means that the cryptocurrency falls into the stability region.
SHINJA Price Predictions by Authority Sites
CoinCodex
According to our current Shibnobi price prediction, the value of Shibnobi is predicted to rise by 15.91% and reach $ 0.000000 by August 6, 2022. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 39 (Fear). Shibnobi recorded 13/30 (43%) green days with 8.11% price volatility over the last 30 days. Based on our Shibnobi forecast, it’s now a bad time to buy Shibnobi.
DigitalCoinPrice
The SHINJA coin price prediction has a similar plot. SHINJA price forecast for 2025 and future years may be seen on websites like DigitalCoinPrice. However, they are all $0.00.
Price Predictions.net
Even though PricePrediction.net’s latest Shibnobi price prediction for 2030 is somewhat optimistic, they do not believe it will rise over $0.00000000.
SHINJA Price Prediction 2022
By the end of 2022, the SHINJA coin is expected to reach its highest price level of $0.0000000000041352.
Depending on the market, the anticipated minimum price of Shibnobi may be about $0.0000000000028352. In contrast, if the market declines, customers can buy Shibnobi at the average trading price of Shibnobi for 2022 might drop SHINJA prices to $0.0000000000029352.
According to our study, the SHINJA value will rise since there is a good chance that the Shibnobi devs will burn a sizable portion of the token supply.
SHINJA Price Prediction 2023
Long term, the Shibnobi (SHINJA) cryptocurrency has enormous potential. Shinja’s value may rise with increased acceptance and investment in the upcoming years. This year might be fantastic for cryptocurrencies, much like 2021, when several of them made history.
By 2023, there is a likelihood that the Shibnobi coin’s average price would increase to around $0.0000000000093512. However, the price range for the year might range from a minimum of $0.0000000000084135 to a maximum price of $0.000000000014521.
SHINJA Price Prediction 2025
A thorough technical analysis is necessary for a long-term price projection. If all goes according to plan, SHINJA Crypto’s average price level by 2025 might be close to $0.000000000072352.
Shibnobi’s highest price in 2025 might reach $0.0000000001021 if the market turns bullish. While the lowest cost might be as little as $0.000000000042321. However, if a bull market rises in 2025, the SHINJA coin may surpass all of its prior highs.
SHINJA Price Prediction 2030
Along with SHINJA, this year may signal a turning point for the cryptocurrency industry since several of its values may be at their highest. According to our SHINJA Coin price forecast, Shibnobi can go as high as $0.0000000003527 by 2030.
The price of Shibnobi might soar in 2030 if the SHINJA platform forms alliances with other blockchain networks and launches new activities. However, with a minimum price level of $0.0000000001523, the year 2030 may conclude with an average price of $0.0000000002731.
SHINJA Price Prediction by Industry Influencers
Conclusion
Shibnobi is bruited to beThe World’s Most Deadly Shiba. SHINJA is an innovative deflationary token aiming to revolutionize Defi, building its own Kusari Blockchain, and introducing a multi-chain swap (DojoSwap) across Ethereum, Binance, Cronos, and Polygon.
According to the Shibnobi network, an exchange, wallet, blockchain, and metaverse will be available in the next two years. SHINJA crypto would still face other challenges even if it successfully implements its plan. The low price point and the dangers associated with centralization may put investors at a disadvantage. So, calling it a good investment is difficult to believe in the meantime.
Please do your research and seek professional investment advice when investing in anything.
Source: https://www.cryptopolitan.com/shinja-price-prediction/