Sanshu Inu Coin Price Prediction 2022-2030. Invest or Not?

The world of crypto is developing more and more with every passing day. With people being open to different investments, more people are now inclined to invest in various crypto assets. Not just that, people are investing millions into this newfound sector, even though cryptocurrencies are massively unstable and may fluctuate at a moment's notice. 

With the cryptocurrencies of today's era in mind, the ones that are soaring through the market are those that are based on memes. The reason behind this is that these meme-based tokens often rise massively in value, just over a short period. This means that these cartoony tokens are actually the assets that end up making most people rich. 

Delving deeper into the different meme coins of today's time, one of the most notable ones of them all is none other than Sanshu Inu. In this article, we’ll be discussing what Sanshu Inu coin is all about as well as its price prediction.

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What exactly is Sanshu Inu coin?

Despite being a small token when it comes to market capitalization (price x number of coins in circulation), popularity, and the overall project behind this token, Sanshu Inu has a sufficient following to turn into one of the biggest meme coins in the upcoming years. If you’re reading this article, you’ll surely want to know what this pretty canine-based coin might have to offer. 

If you’re still somewhat scratching your head as to what Sanshu Inu is, don’t worry, we got you:

👉  Sanshu Inu is a newer token on the blockchain that was introduced to the world in 2021- it can be considered as a ‘baby token‘ still. We surely have a lot to see from this token and really, only time will tell about how good of a decision it was for those who invested in it. 

Nevertheless, in comparison with coins such as Dogecoin, Sanshu Inu is somewhat similar based on the fact that it also works on a deflationary tokenomics model. Plus, you’ll get to generate passive income just by holding your tokens and receiving the rewards*, provided that the Sanshu Inu tokens are held by users over a long period of time. 

Both Sanshu Inu and Doge have a one percent consumption rate (or burned tokens), and that implies that this percentage will cease to exist and circulate completely from the blockchain space, which is a good piece of news - the fewer tokens circulate, the more scarcity of Sanshu Inu will be, leading to a higher perceived value since they won’t be so easy to own. It’s the law of offer and demand all over again!

Now, in any case, there's very little distinction between Sanshu Inu and Doge, other than the element of "staking." Sanshu Inu markets itself correspondingly to Shiba Inu, another notorious dog-based coin, once ruthlessly dubbed as the ‘Dogecoin killer’. 
*The act of staking refers to when coins are held by their owners all the while allowing the holder to earn interest, rewards, or more coins. This is why staking and not selling immediately can hold various benefits. 

Sanshu Inu crypto price prediction for 2022, 2023, 2024, 2025 and 2030

To learn more about the coin, it's important to note that the coin must gain a market cap of more than one trillion dollars to be able to make a dent in the market. Nonetheless, this is highly unlikely in the upcoming years. Even then, if the market keeps on expanding at the rate at which the industry is growing right now, the coin is expected to reach a value of $0.0000001 per Coinmarketcap. 

At this moment, on April 25th, 2022, Sanshu Inu is currently exchanging at $0.0000000001. For the coin to arrive at a penny, it would have to multiply its price by a whopping hundred million percent (yes, 100 million percent!) and grow its current $115 million market cap to one trillion dollars. 

At this moment, only Bitcoin has figured out how to arrive at that market cap up to this point, so if you’re a Sanshu Inu die-hard fan, maybe keep your hopes in check? It’s not impossible, but it is highly unlikely - at least shortly.  

On the off chance that Ethereum hasn't gotten to a trillion-dollar market cap in the next few years, how could Sanshu? In any case, regardless of whether it matches Ethereum, Sanshu may as yet rise greatly and upwards in the price chart, hopefully in a sustainable way. 

Several tokens have soared over the recent months, with Safemoon, for example, seeing its price go through the roof in a short span of a few months or so. This is a rare case, although news reports and tiktokers may tell you otherwise, and in Safemoon’s case as well, the fall in price was faster than its rise, because there was no good project backing it up and it was all FOMO and no actual investing involved in the steep rise in price. 

By Price Prediction, Sanshu Inu may have the potential for growth, but not a highly profitable and quick one for the time being and even in the near future. It might also be conceivable that Sanshu Inu fizzles as a lot of meme coins often do.

Source: priceprediction.net

The best place to purchase SANSHU would be on a decentralized platform along the lines of Uniswap. To purchase the coin, you would need to deposit Ethereum into a wallet like MetaMask, before all else - keep in mind that not only do you need ETH for the amount you’re purchasing, but you also need extra ETH for gas fees. After that, you can log on to Uniswap and acquire Sanshu Inu. You could also choose to do so with Hotbit as well, in case Uniswap is not your thing or you’re looking to try a new DEX. Other exchanges in which you can trade for SANSHU are LBank, Guardarian, Change Now, and Bkex. There is no bad blood in the world of dog-based crypto, and even Shiba Inu’s very own exchange, Shiba Swap, offers the possibility of acquiring Sanshu Inu tokens through their platform.

Sources: Sanshu Inu Finance and Coinmarketcap.

Sanshu Inu crypto price analysis for the past several years 

Instability drives the digital currency market. In this way, crypto purchasers are still keeping their minds both on the game and also on the potential crypto rug pulls and new government directives that may stand in the way of decentralization and profit. Sanshu Inu’s recent creation (April 2021) does not leave much space for analysis in past performances and gains/loss reports, but one could safely make a prediction based on the meme coins club SANSHU appears to belong.  

Since its inception, SANSHU has been added to 44.000 wallets, meaning that a significant amount of people trust the project and future performance forecasts enough to make it a part of their token portfolio. 

Sanshu has been presented by its own team as a superior choice in meme coin material, as it hoped to make its assets much more rewardable. Now, with the continuously growing community around the coin, it is highly anticipated that the Sanshu Inu coin will attain new highs in the years to come. Specific price valuations are difficult to pinpoint, keeping in mind the crypto market’s own will and volatility. 

FAQs

How many Sanshu Inu Coins are there?
As of right now, there are more than 100 quadrillions Sanshu Inu coins in existence, more than 30 percent of which are in circulation.

Can Sanshu Inu ever reach one cent?
The chances of this happening are very slim; since a market capitalization of a trillion dollars is what the coin needs to reach this price and the current evolution around the token’s project and community doesn’t point to such a high market cap evolution all of a sudden.

Will Sanshu Inu ever reach one dollar?
This may be next to impossible, considering that Sanshu Inu would have to excel in the market cap of the top ten companies in the world combined. Nevertheless, with crypto, you're never too sure what might happen next: DYOR forever.  

How can you buy a Sanshu Inu coin?
If you're looking to purchase Sanshu Inu tokens, purchase some Ethereum, deposit them in your wallet and make your way to one of your favorite DEX that offers SANSHU (want to know which ones? Scroll back to the price analysis section). 

Conclusion

All in all, Sanshu Inu is a considerable token that has shown its fair share of progress over the last year or so. Even then, only time will showcase how far Sanshu Inu will truly go. Since these assets on the blockchain are often as volatile as they can get, you can never be too sure as to which crypto-asset would rise and which investment would plummet.