U.S Senate candidate for the Libertarian party, Shannon Bray is optimistic about the future of cryptocurrencies. Bray firmly believes that blockchain technology might help countries that no longer support their currency system and could find support with cryptos for transactional and investment purposes. The candidate for Senate, who is up on the ballots this November, also believes that Shiba Inu’s footprint is growing around the world.
Bray spoke exclusively to Watcher Guru and predicted where Shiba Inu might reach in the next 5 years. “SHIB is an international phenomenon and the power of the community has been amazing to watch,” he said to Watcher Guru.
He predicted that Shiba Inu will be in a much better position five years down the line in 2027. “Over the next 5 years, I see the value of SHIB doing quite well. People see the value in SHIB and know that it will continue to new heights,” said Bray.
The North Carolina Senate candidate also predicted that SHIB’s footprint will grow around the world and could also be adopted as currency. “There are several countries now in the world who can no longer support their currency system. With the footprint of SHIB, it could easily become an adopted currency for a nation-state.”
Bray previously stated that if elected to office, he would run programs to educate people about the prospects of cryptocurrencies. “Cryptocurrency adoption is already underway. One of the first things I would do would be to educate so that we do not get overregulated,” he said.
Shiba Inu : The Path Forward
Shiba Inu has lots of new developments this year that could scale up in price sustainably. The team, however, would release two different games, one a blockchain-based and the other a mobile and PC game. Moreover, the gaming segment is headed by former Activision head William Volk.
ShibaNet is also scheduled to be released this year. For the uninitiated, ShibaNet is a decentralized marketplace that allows users to buy, sell, and trade goods using the in-house ecosystem. The transactions would no longer depend on third-party apps but would be an individual entity for all forms of transactions.
The much-awaited development in the ecosystem is Shibarium. The layer-2 solution would surpass the high gas fees initiated by Ethereum and Shibarium would run as a blockchain of its own. SHIB will also launch their Metaverse, where 99,000 plots of land are available for sale. In addition, only Leash holders will get first access to view, bid, and purchase the lands.
At press time, Shiba Inu was trading at $0.00002292 and is down -5.1% in the 24-hours day trade. However, it is up a staggering +103,366.5% in the last 365-trading days and made early investors reap all the profits.