Analysts are optimistic about Shiba Inu's potential in the crypto space due to its expanding ecosystem and long-term growth prospects.
Some experts raise concerns about falling activity on Shibarium, emphasizing the importance of real utility and adoption for SHIB's sustained growth.
Analysts like Del Crxpto and Henry have praised SHIB for its growth from a meme coin to a complex tech investment with significant potential.
Important metrics supporting the bullish case for SHIB include negative SHIB exchange netflows while concerns arise from a decline in Shibarium's activity, highlighting the need for improved network engagement and utility.