A group of 13 financial experts polled by Finder speculates that the price of Shiba Inu (SHIB) could surge 400% soon.

Shiba Inu’s price action has been bearish in the past few days, with the asset losing a significant chunk of its value.

Shiba Inu Witnesses Heavy Downturn

According to data from CoinMarketCap, the top memecoin is down 3.71% in the daily charts to $0.00001740. Moreover, SHIB has experienced a heavy decline over the past seven days, plunging 11.89% in the weekly charts.

Similarly, Shiba Inu has plummeted 4.32% in the past 30 days and 35.7% over the past three months. Conversely, Shiba Inu’s month-to-date (MTD) and year-to-date (YTD) performance has been impressive. Data from CryptoRank shows that SHIB has rallied 3.97% and 68.3%, respectively.

Although Shiba Inu’s recent performance has disappointed many investors, top experts have remained optimistic about the token’s imminent rally.

Finders’ Experts Projection for SHIB

According to an updated report from Finder, a group of 13 crypto specialists shared their views on Shiba Inu’s performance between now and 2030.

Image Source httpswwwfindercomcryptocurrencyshiba inu price prediction

Notably, the experts issued their predictions when SHIB was trading at $0.000009. Per the Finder’s report, the 13 crypto specialists projected that SHIB would trade at $0.00001 by the end of this year, reflecting a surge of 11.11% from its price of $0.000009 at the time of the survey.

Interestingly, Shiba Inu’s current price of $0.00001740 trounces the $0.00001 target by 74%. Furthermore, they projected that SHIB could trade at $0.000025 by 2025 and $0.000045 by 2030, six years from now. Notably, the $0.000025 target marks a 177.77 rise from $0.000009 (the price at the time of the report), while the $0.000045 requires a surge of 400% from the same level.

It bears mentioning that Shiba Inu has already reached the long-term projections the 13 crypto specialists set. Recall that in early March, SHIB rallied significantly, reaching a multi-year high of $0.000045. However, the prolonged crypto downturn wreaked havoc on the asset’s price, plunging it to its current level of $0.00001740.

Interestingly, Shiba Inu must rally 158.62% from its current price to revisit the $0.000045 level set by Finder’s experts for 2030. However, given the pace at which the asset achieved other targets, Shiba Inu could revisit $0.000045 sooner than forecasted.

Experts Recommend Holding SHIB

Meanwhile, 30 specialists shared their opinions on whether the time is right for investors to buy, sell, or hold SHIB. Notably, 50% of the panelists recommended that investors hold the dog-themed token.

In contrast, 30% were of the opinion that people should sell SHIB, while 20% recommended that investors should buy the asset.

Time to buy sell or hold SHIB