Shiba Inu price prediction is in the limelight again, but this time around, the outlook is filled with caution. After the shocking hack on Shibarium, trust in the once-popular meme coin is sliding fast. The security breach has dimmed SHIB’s future, raising doubts about its long-term strength. This means that upcoming projects like LayerBrett (LBRETT), can overtake it. In fact, experts believe LayerBrett can achieve this feat within just six months. Read on to find out why they think so.
Shiba Inu Price Prediction Weakens After Shibarium Hack
In an attempt to evolve beyond its meme origins, Shiba Inu decided to expand into DeFi by launching Shibarium and other associated platforms. It promised speed, efficiency, and utility. But that ambition may have opened the door to bigger problems.
Over the last few days, the Shibarium network was hit with a severe hack. The hacker borrowed 4.6 million BONE, Shibarium’s governance tokens, and compromised 10 out of 12 network validator keys.
They used this to gain control over the platform’s consensus mechanism, and then transferred 224.57 ETH and 92.6 billion SHIB from the bridge’s smart contract to their own address. Shiba Inu immediately suspended services on Shibarium to investigate the matter but the damage has already been done.
For investors, this is a massive red flag. Shibarium was supposed to be the backbone of SHIB’s future. Now, its security is under heavy questioning. This erodes investors’ trust in it, dealing a dangerous blow to SHIB in a competitive meme market.
As a result, Shiba Inu price predictions are now more bearish than ever before. With SHIB struggling to stay above key support lines, analysts see potential declines toward $0.000005 in the short term. Even a long-term recovery looks modest compared to newer tokens surging ahead. Once seen as a fan favorite, SHIB no longer feels like the top bet.
How Layer Brett Will Overtake SHIB in 6 Months
Layer Brett is rewriting the meme coin playbook. It’s not just a viral coin with a fun community. It’s also a Layer 2 Ethereum solution, making ETH faster, leaner, and more scalable. This dual identity gives it a massive edge over other meme coins. Experts argue it’s the main reason LayerBrett will surpass Shiba Inu in six months.
But that’s not all. Layer Brett’s staking rewards make it even more enticing. Meme coins rarely offer direct value to investors, but LayerBrett does, rewarding stakers with over 700% APY. This creates reasons for holders to buy and hold, increasing LBRETT’s value in the long-term.
Momentum is also on LBRETT’s side. A $1 million giveaway has attracted loads of investors to it, and the presale is selling out fast. With over $3 million raised already, this coin is expected to break new records and reach the apex of the meme crypto space.
As a result, investors are FOMO-ing on it. Analysts see it as a breakout crypto star, and everyone wants a piece of the action. Given its attractive features and potential, it won’t be surprising if LBRETT overtakes SHIB in six months or less.
Don’t Miss Out on Layer Brett
Layer Brett’s presale is available for $0.0058 per token, which is a fantastic entry price for the average investor. With its low market cap and strong fundamentals, it looks set to overtake meme bigwigs like Shiba Inu in no time. By the time the project realizes this feat, early adopters could’ve realized profits to the tune of 25,000% ROI. That’s why smart investors don’t want to miss out on it.
Layer Brett is in presale now, but it’s moving fast. Get in early, stake while rewards are high, and don’t miss your shot at the next 100x crypto!
Website: https://layerbrett.com
Telegram: https://t.me/layerbrett
This article is not intended as financial advice. Educational purposes only.
