BONE target if shibarium release hype hits in Q3
A target of $7 per token would put the value of Shibarium at about 2.1B
Where the hype goes after that depends on the direction of the project.
My thoughts are that I hope the focus on NFT gaming/metaverse stays strong and that the NFT market place on the chain sees good volume. Could support an active chain and nFT's are engaging enough to keep the community interested. Would be awsome in Robin Hood NFT trading through their defi wallet or in their platform was done via shib.
otherwise this is just another evm and hype will fade and returns will be average. I am not particularly bullish on L1 and L2 chains outperforming the general market this cycle only a special few.
Where the hype goes after that depends on the direction of the project.
My thoughts are that I hope the focus on NFT gaming/metaverse stays strong and that the NFT market place on the chain sees good volume. Could support an active chain and nFT's are engaging enough to keep the community interested. Would be awsome in Robin Hood NFT trading through their defi wallet or in their platform was done via shib.
otherwise this is just another evm and hype will fade and returns will be average. I am not particularly bullish on L1 and L2 chains outperforming the general market this cycle only a special few.
Uwaga
More warnings of disappointing price action to come. Shibarium launches and all the speculative volume poured into BAD Idea AI. A small, new, meme-style token in the ecosystem.
Not the end but, the targets i show here could very well be the cycle highs + or - 100% or -50%.
Also, the environment creates a dangerous need to constantly seek high risk items to see the returns folks expect from crypto.
The right answer is more likely to increase position size and trade less; take profits early.
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