Understanding the Dogecoin Killer: Shiba Inu (SHIB)
A peculiar name: at least for a digital coin, you agree. Yes! The unique features are coupled with this unique name for all good reasons. The salient name relates to the mascot of a Japanese dog breed called Shiba Inu, hence “SHIB.”
So, the most important trait of the pet, “Loyalty,” comes tagged to it for all its investors too. Shiba Inu is a completely secure and decentralized meme token, a variant of the ERC-20 token. It combines all significant traits of Ethereum, Bitcoin, and Dogecoin in a fusion as one in SHIB.
Before starting with the Shiba Inu price prediction, let’s check the overview of SHIB!
Shiba Inu Overview
| Cryptocurrency | Shiba Inu |
| Ticker Symbol | SHIB |
| Price | $0.00001321 |
| Price Change 24 hours | +2.46% |
| Price Change 7d | -1.86% |
| Market Cap | $7,236,483,550 |
| Circulating Supply | 549,063,278,876,302 SHIB |
| Trading Volume | $436,469,146 |
| All time High | $0.00008845 |
| All time Low | $0.000000000082 |
| Shiba Inu ROI | +819423.63% |
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Shiba Inu (SHIB) Technical Analysis
The current price of Shiba Inu stands around $0.00001123 at the time of writing, with a total supply in the circulation of 549,063,278,876,302 SHIB. The 24-hour trading volume of this crypto is around $295,001,435.
In terms of market position, the market capitalization of the Shiba Inu hit $6,164,621,388. The Shiba Inu price today is 7.31% lesser compared to yesterday. Let’s explore the technical analysis before the Shiba Inu price prediction.
Since its debut on the crypto exchanges, Shiba Inu’s price had only increased with no sudden surges or downward spirals until it hit its all-time high value on Oct 28, 2021. The bulls had a strong hand until the profit booking sentiments hit the SHIB market. Like any other cryptocurrency, the Shiba token is vulnerable to market fluctuations too, and is highly volatile.
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In the year 2022, the highest price that SHIB has reached is $0.00003436, which was at the beginning of the year after that, the token has only been trading in the downwards direction or, on the most optimist side, it has traded in a sideways range. Not just that, the current price of Shiba Inu is very close to its previous price level from where the uptrend has begun.
Due to regulatory changes in US Fed rates, the recent market crash has made it more difficult for SHIB prices to bounce back or even begin the uptrend. As per our SHIB price forecast, the only good thing is that investors and traders might see a buying opportunity for the coin due to lower prices.
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SHIB Price Prediction: Influencer’s Verdict
Our Shiba Inu prediction is based on technical analysis and the past performance of the coin. Based on the market status of digital coins, traders should perform their own research before making any financial decisions orcryptocurrency predictionsto evaluate their own risk involved.
SHIB Knight says that “$SHIB Could go Bullish Following #ShibaEternity Release on Oct 6!”
SHIB KNIGHT
ShibInfo tweets that “$SHIB loyal holders will be millionaires in the near future!”
Shiba Inu (ShibInfo)
Shiba Archives strongly believes that “$SHIB will be a catalyst in the next bull run.”
Shiba Archives
Lucie Sasínková forecasts that “$RYOSHI will make many people happy.”
Lucie Sasínková
ShibInform tweets that “I am confident $SHIB is going to $0.50!”.
Shiba Inu (ShibInform)
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Shiba Inu Price Prediction: 2023-2030
| Year | Minimum price | Maximum price |
|---|---|---|
| 2023 | $0.0000110 | $0.0000289 |
| 2024 | $0.0000323 | $0.0000405 |
| 2025 | $0.0000423 | $0.0000505 |
| 2026 | $0.0000365 | $0.0000443 |
| 2027 | $0.0000523 | $0.0000612 |
| 2028 | $0.0000752 | $0.0000834 |
| 2029 | $0.000109 | $0.000251 |
| 2030 | $0.000152 | $0.000165 |
The SHIB price in the last 3 months of 2022 has been quite volatile, with the highest price being $0.00001739 in the month of August. After that, the price has failed to hold on to the bulls and is currently trading at $0.00001123.
Wallet Investor, a crypto prediction expert, believes that meme coins like SHIB coin are a bad long-term (1-year) investment and a high-risk investment. Based on their SHIB price predictions, the coin may drop lower to $0.000000815 by 2024. Whereas another expert GOV Capital predicts that Shiba Inu (SHIB) price may be $0.000279 by the next 5 years.
If we look at other experts’ opinions, the SHIB coin price prediction of Finder indicates that the Shiba token may have a value of $0.00004930 in 2025. At the same time, Shiba Inu’s price for 2030, according to AMB crypto’s analysis, Shiba Inu’s price range between $0.00018 to $0.00028, and the average price of SHIB should be around $0.00023.
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Shiba Inu Coin Price Prediction 2023
Based on our Shiba Inu prediction, the minimum, average, and maximum prices for the year 2023 are anticipated to be around $0.0000110, $0.00001995, and $0.0000289. Shiba Inu cryptocurrency is expected to grow in 2023 but at a low rate. As per our Shiba Inu price prediction, SHIB’s price may give decent profits to its crypto investors.
| Month | Minimum price | Maximum price |
|---|---|---|
| January | $0.0000110 | $0.0000149 |
| February | $0.0000131 | $0.0000170 |
| March | $0.0000153 | $0.0000190 |
| April | $0.0000185 | $0.0000249 |
| May | $0.0000241 | $0.0000281 |
| June | $0.0000244 | $0.0000269 |
| July | $0.0000238 | $0.0000279 |
| August | $0.0000241 | $0.0000273 |
| September | $0.0000239 | $0.0000268 |
| October | $0.0000239 | $0.0000289 |
| November | $0.0000236 | $0.0000251 |
| December | $0.0000239 | $0.0000281 |
Shiba Inu Price Prediction 2024
According to the Shiba Inu coin forecast for 2024, the SHIB cryptocurrency market will see a maximum value of $0.0000405 and a minimum value of $0.0000323. The market sentiment and further SHIB price prediction reveal that the average price of the Shiba coin maybe $0.0000364.
| Quarter | Minimum price | Maximum price |
|---|---|---|
| Q1 2024 | $0.0000323 | $0.0000393 |
| Q2 2024 | $0.0000323 | $0.0000405 |
| Q3 2024 | $0.0000325 | $0.0000356 |
| Q4 2024 | $0.0000323 | $0.0000387 |
Shiba Inu Coin Price Prediction 2025
Based on our SHIB price forecast, the Shiba Inu coin’s future is bright. Shiba Inu’s price is expected to be around $0.0000423 and $0.0000505, where the former is a potential low and the latter is a potentially high value for 2025. While the average price may be $0.0000464, with an increased market cap.
| Quarter | Minimum price | Maximum price |
|---|---|---|
| Q1 2025 | $0.0000423 | $0.0000511 |
| Q2 2025 | $0.0000424 | $0.0000499 |
| Q3 2025 | $0.0000427 | $0.0000492 |
| Q4 2025 | $0.0000428 | $0.0000505 |
Shiba Inu Predictions 2026
As per the Shiba Inu price forecast, Shiba Inu’s price may trade at an average of $0.0000404 for the year 2026. While the minimum and maximum Shiba Inu prices are expected to be $0.0000365 and $0.0000443, respectively.
| Quarter | Minimum price | Maximum price |
|---|---|---|
| Q1 2026 | $0.0000370 | $0.0000439 |
| Q2 2026 | $0.0000371 | $0.0000405 |
| Q3 2026 | $0.0000370 | $0.0000423 |
| Q4 2026 | $0.0000369 | $0.0000443 |
Shiba Inu Price Prediction 2027
Based on our Shiba Inu price forecast, SHIB Inu’s price is estimated to reach the maximum level of $0.0000612 by 2027 and a minimum level of $0.0000523. The Shiba Inu ecosystem is expected to grow consistently, and the average price will jump to $0.0000568 in the year.
| Quarter | Minimum price | Maximum price |
|---|---|---|
| Q1 2027 | $0.0000523 | $0.0000612 |
| Q2 2027 | $0.0000525 | $0.0000601 |
| Q3 2027 | $0.0000526 | $0.0000597 |
| Q4 2027 | $0.0000525 | $0.0000587 |
Shiba Inu Price Prediction 2028
As per our Shiba Inu price predictions for 2028, you might see Shiba Inu tokens hovering around the average price level of $0.0000793. The price predictions for the Shiba Inu (SHIB) network reflect huge volatility; it might jump as high as $0.0000834 with a minimum price of $0.0000752 in the crypto market.
| Quarter | Minimum price | Maximum price |
|---|---|---|
| Q1 2028 | $0.0000753 | $0.0000834 |
| Q2 2028 | $0.0000752 | $0.0000833 |
| Q3 2028 | $0.0000756 | $0.0000825 |
| Q4 2028 | $0.0000756 | $0.0000829 |
Shiba Inu Price Prediction 2029
According to our Shiba Inu crypto price prediction, the Shiba Inu price will rule the cryptocurrency markets with a performance of an average price of $0.000133 in 2029, while the maximum price level might be around $0.000151 with a minimum value of $0.000109.
| Quarter | Minimum price | Maximum price |
|---|---|---|
| Q1 2029 | $0.000109 | $0.000118 |
| Q2 2029 | $0.000110 | $0.000117 |
| Q3 2029 | $0.000109 | $0.000119 |
| Q4 2029 | $0.000114 | $0.000151 |
Shiba Inu Price Prediction 2030
Based on our Shiba Inu price prediction, SHIB’s price may have a minimum value of $0.000152 and a maximum value of $0.000165 in 2030, with a potential average price of $0.0001585.
| Quarter | Minimum price | Maximum price |
|---|---|---|
| Q1 2030 | $0.000154 | $0.000159 |
| Q2 2030 | $0.000152 | $0.000162 |
| Q3 2030 | $0.000153 | $0.000163 |
| Q4 2030 | $0.000156 | $0.000165 |
What news may impact the Shiba Inu token price in the future?
The long-term price prediction clearly suggests that despite all the price fluctuations of SHIB tokens and high risk, the SHIB digital assets are expected to be profitable with a bullish trend.
However, since SHIB is not technologically driven crypto, there is a lack of strong fundamentals for it. It mostly relies on speculation and news in the cryptocurrency market. Major factors that can impact the token price are predicted to be Memecoin hype, the Launch of “ShibaSwap,” inclusion on major broker platforms, businesses accepting SHIB as payment, and/or investors burning tokens.
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FAQs
Is SHIB a good investment?
Yes, SHIB tokens are a good investment for the long term, as they have surprised investors with massive returns. The favorable inclination of Elon Musk for the SHIB token as a meme coin, calling it the ‘Dogecoin Killer,’ has also arisen the interest of many investors. Our investment advice is that traders must research before investing.
How much will Shiba Inu be worth in 2025?
According to our Shiba Inu price prediction, the SHIB’s price may have a maximum price of $0.0000505 and a minimum value of $0.0000423 for the year 2025.
Is it a good time to buy Shiba Inu Coin?
Yes, it is a good time to buy SHIB based on the increase expected in cryptocurrency prices. Although Shiba Inu (SHIB) is significantly down, in a long-term investment, Shiba Inu’s price action is anticipated to be much stronger in the future.
Can Shiba Inu Coin Reach $1 by 2025?
Shiba tokens have shown extensive growth, but the meme coin may not hit the $1 mark by 2025, as per our Shiba Inu price prediction. Shiba Inu might cross the $0.00005 mark by 2025.
How much will Shiba Inu be worth in 5 years?
Shiba Inu’s future has an upward trajectory with an expected average price of $0.0000404 after 5 years. As per the Shiba Inu forecast for 2026, Shiba Inu’s highest peak may be around $0.0000443, with the lowest peak around $0.0000365.
What will Shiba be worth by 2030?
Shiba Inu’s worth by 2030 may be more than 350% of the current price. The maximum and minimum SHIB’s price is anticipated to be around $0.000165 and $0.000152, respectively. With the increase in SHIB’s price, it is anticipated that the market cap will also increase significantly.
Is Shiba Inu safe to invest in?
Shiba Inu coin is extremely volatile in nature. According to the Shiba Inu coin price prediction, it can return significant value to investors in the coming years or be an investment disaster if not carefully planned since it is a meme coin inspired by the Shiba Inu puppy theme.
