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The token called SHIB is trying to rebound on other increasingly popular cryptocurrencies, such as Tamadoge and Impt.io. Will it succeed in the venture?
No one could have made a prediction about Shiba Inu last year except the lucky trader who turned an $8,000 investment into $5.6 billion in 400 days.
Much to the dismay of many investors and analysts, the token did incredibly well in the market in 2021. But this success does not seem likely to last into 2022, in fact so far it has hit an eight-month low in mid-June.
SHIB, is trying to make a comeback. Will it be successful? How will its performance compare with increasingly popular cryptocurrencies such as Tamadoge and Impt.io, which are changing market dynamics right now?
Shiba Inu price predictions
Like any other cryptocurrency, the Shiba token is highly volatile and subject to market fluctuations. Its current price is $0.00001039, with trading volume reaching $124.75 million in the 24 hours.
Ever since this token, with a circulating supply of 549,063.28B SHIB, debuted on cryptocurrency exchanges, its price increased without experiencing sudden spikes or dips, until it recorded an all-time high on 28 October 2021.
The price of Shiba Inu, however, also encountered an eight-month low in mid-June and is trying to rise again. How will this play out? The table below provides an answer to this question, with predictions on the price of this cryptocurrency in the coming years, performed by industry experts taking into account the analysis of SHIB’s historical trend and current tally in the crypto world.
| Year | Average price of SHIB |
| 2022 | $0,000012 |
| 2023 | $0,000026 |
| 2024 | $0,000033 |
| 2025 | $0,000042 |
| 2026 | $0,000053 |
| 2027 | $0,000067 |
| 2028 | $0,000085 |
| 2029 | $0,0001 |
| 2030 | $0,00013 |
According to these predictions, analysts expect the price of SHIB to continue to rise each year and reach a high of $0.00013 in 2030. In addition, the average price is expected to increase by more than 200% next year. But what is the current performance of other tokens such as Tamadoge?
Tamadoge offers investors something different
TAMA serves as an entry token into the fascinating and exciting Tamaverse.
With Tamadoge, you can mint coins as you wish, but also breed, train, and fight with your NFT animals to become the best player on the leaderboard each month.
Tamadoge, launched in July 2022, is a meme coin and Play-to-Earn that has performed well in the market since it was listed on many exchanges, including OKX, LBank, MEXC and BKEX.
Impt.io: one of the best cryptocurrencies on the market right now
According to its website, IMPT will “reduce your carbon footprint and make a difference by earning you lots of rewards.” In fact, this token is one of the most popular cryptocurrencies on the market right now.
IMPT is the ideal currency for buying, selling and withdrawing carbon credits. Since the presale began, $250,000 has been raised in 24 hours and as much as $500,000 in just 48 hours.
After two weeks, we have reached $5.3 million out of the $10.8 million set as the threshold to be reached.
You can find a detailed guide to buying IMPT on CryptoNews Italia: https://it.cryptonews.com/news/come-comprare-impt.htm
How does Shiba Inu relate to TAMA and IMPT?
Although IMPT and TAMA were launched in 2022, the former is the younger cryptocurrency. Impt.io is currently offering its token for pre-sale, which, if it continues at this rate, will end in a few weeks, well before the target date.
Moreover, TAMA is another cryptocurrency that excites investors with its returns: it is among the best tokens on the most popular platforms due to its incredible performance in the market.
Shiba Inu performed very well in 2021, but 2022 was a difficult year for the token. Therefore, investing in TAMA and IMPT is the most profitable option at this time.
Conclusion
Shiba Inu, TAMA and IMPT are all relatively new tokens in the cryptocurrency world; however, TAMA and IMPT currently offer investors more attractive solutions and, therefore, should be the best choices for any user.
*This article has been paid for. The Cryptonomist did not write the article nor has tested the platform.
Source: https://en.cryptonomist.ch/2022/10/20/tamadoge-impt-changing-market-dynamics/