How High Can Shiba Inu Go: Price Prediction Shiba Inu
|How High Can Shiba Inu Go: Price Prediction Shiba Inu: A detailed Analysis About Future of Shiba Inu|
Shiba Inu’s all-time high was back in October 2021 when SHIB breached $0.000080 and was almost on the verge of breaching $0.000090. But since then SHIB’s price has retreated and now SHIB is almost on the verge of going below $0.000010. Shiba Inu is down nearly 90% since its all-time high.
Future Price Prediction Shiba Inu
|Today||Negative Support at $0.0000109|
|Shiba Inu Price Prediction this week||Negative Support at $0.0000081|
|Next Month||Negative Support at $0.0000012|
|Max Shiba Forecast for 2022||Positive $0.0000183|
|Shiba Inu 1 Dollar||29 Years from Now If SHIB were to rise 20% a year|
|Shiba Inu 50 Cents||Shiba Needs to Rise 50,000 Times From Current Price|
|Shiba Inu 1 Cent||Shiba Needs to Rise 700 Times From the Current Price|
How High Can Shiba Inu Go In 2022: Analysts’ Prediction
- PricePrediction.net sees SHIB hitting $0.00001501 by the end of 2022. By 2030, the platform predicts the price of Shib to hit a maximum of $0.000356.
- Wallet Investor believes SHIB may rise to a maximum of $0.0000192 in 2022. It is admittedly optimistic about the price of SHIB in 2030. The platform predicts the price of SHIB to reach $0.0000340 in 2025.
- CoinPrice Forecast is not very optimistic regarding the rise of Shiba Inu in 2022. As per them, the maximum price that SHIB could attain in 2022 is $0.0000115 while in 2030 as per the platform, the maximum price of SHIB could be $0.0000313.
How High Can Shiba Inu Go: Price Prediction Shiba Inu: Factors That Could Influence the Rise of Shiba Inu
- Massive Rise In Price Of Shib: Shiba Inu lost its momentum after it hit its all-time high in October 2021. Shiba investors need to back the token the way they had back in October 2021. If so happens, there will be a quick rise in the price of Shiba Inu.
- Role of Whales: In most of the cryptos, price rise has been influenced by the market condition. But in the case of Shib, it has been noticed that Whales have played a key role in determining the price of Shib. The Shib Whales need to once again help in determining the positive momentum of Shib as they had done in the past.
- Increase in the Long Term Holders: Shiba Inu holders have massively short-term holders. In the case of Bitcoin, over 60% of the holders have been in possession of BTC for over 1 year. But the scenario for Shib is completely different. Less than 20% of the holders are 1 year or more than a year old.
- Shib Burn: The supply of Shib tokens has been the main concern. There are 589,735,030,408,323 circulating supplies of Shib as of now. We estimated that 99.9999% of Shib token needs to be burnt to reach $1. Therefore, for SHIB to reach $0.50, a minimum of 50% of the SHIB token needs to burn.