Shiba Inu Price Prediction 2023-2030: Will Shiba Inu Reach $10?

Shiba Inu Coin Price

MetricTrend
Social MentionsLower

Shiba Inu Price Chart and Other Resources

Latest Shiba Inu News

Shiba Inu Burn Data

Over the last 48 hours, there has been a massive surge in SHIB burn. As of now, 410,659,877,303,109 SHIB tokens have been added to the dead wallets. The total circulating supply of SHIB stands at 579,624,591,555,273. While 9,715,531,141,617 SHIB tokens have been staked.

Shibarium Data

As per the latest data, Shibarium’s total wallet addresses have surpassed the 1 million mark. Shibarium has been witnessing 41,500 new transactions per day while the total transactions recorded is now above 3 million. Since its launch there has been a deployment of more than 10,000 smart contracts on Shibarium.

Shibarium Network Snapshot:

  • Total Validators: 12
  • Total BONE Staked: 28,050,362.6905
  • Shibarium Block Height: 725,470
  • Heimdall Block Height: 647,002

Shiba Inu Data

DeFi TVL: $0.599 M [Not Ranked]

Shiba Inu, Buy or Sell, Crowd Poll

Net Buy Rating = Buy%-Sell%

  • June 23rd: +26.0%
  • July 1st: +20.0%
  • August 1st: +20.5%
  • September 1st: +32.0%
  • September 22nd+36.2%
  • September 23rd: +36.4%

Shiba Inu Technical Analysis

SHIB has found stable support at around $0.00000720 and the net Shiba Inu price has finally broken above the 50-day MA which is around $0.00000734. In the last couple of hours, there has been an improvement in the overall outlook of the asset.

On the 4-hour timeframe chart, the 50-day MA of Shiba Inu is situated at approximately $0.00000734 and the 200-day MA is at $0.00000777. As the price is above its 50-day but below its 200-day MA, the short-term momentum of the asset is now partially positive.

The immediate support level for SHIB is at $0.00000710. SHIB has been able to maintain this support but should SHIB fail to maintain its price above this level, it is likely to provide an opportunity for sellers to push the asset’s price below $0.0000070. On the upside, the resistance for the asset is at $0.00000750. SHIB recently faced rejection just below this level, leading to a subsequent downtrend in its price.

The RSI (Relative Strength Index) for the asset is indeed trending upward. After the buyers outnumber the sellers, the RSI is on the uptrend and now it is above 50.0. This is a positive indication.

The Fear and Greed indicator bars have started to increase on the Greed zone while the momentum indicator is now oscillating within the positive axis.

The trade recommendation for Shiba Inu is to buy, a decision supported by the MACD indicator. On the MACD chart, the MACD line is positioned above the signal line, and the volume histogram bars have surged into positive territory, reinforcing the bullish outlook.

Overall considering the technical indicators, the outlook for Shiba Inu is positive.

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Shiba Inu Price Prediction 2023: Is Shiba Inu a Good Investment?

Shiba Inu is an Ethereum-based cryptocurrency introduced as an alternative to Dogecoin. The Shiba Inu community has realized that it can only rise if it gets rid of the meme coin tag and has some utility. To do that, Shiba Inu has come up with many projects, such as

  • Shiba Eternity (Gaming)
  • Shibaverse (Metaverse, WIP)
  • Shibarium (Layer 2 Blockchain, WIP)
  • Shibaswap (DEX)
  • Shiba Inu Burn Portal
  • Rewards (Leash)
  • Bone (Governance Token)
  • Doggy DAO.

The use cases of Shiba Inu have increased, and many outlets both offline and online have started to accept SHIB as a form of payment for some if not all of their goods (766 Merchants). However, many investors think Shiba Inu is ‘Shit Coin’ despite there has been a strong development within the Shiba Inu projects.

Shiba Inu has experienced contrasting years, with a remarkable surge in 2021 and a significant decline in 2022. During the cryptocurrency market’s boom in 2021, Shib’s value soared from $0.00000001 in February to $0.00003379 by December, marking a staggering 3371x increase. However, in 2022, Shib faced a sharp drop of nearly 50%. To address the issue of high gas fees and enhance transaction efficiency, Shib’s developers are creating their own Layer-2 blockchain. The token has gained traction in the gaming industry, with the game Shiba Eternity amassing over 100k downloads on the Playstore and earning an average rating of 4.3. Leveraging its established status, Shibaverse’s entry into the metaverse space holds promise for future growth.

Shibarium is now LIVE.

  • Unique Selling Point (USP):
    • Cost-Efficiency: The main focus is on making transactions quicker and more cost-effective.
    • Community: It has the support of the vast and devoted Shiba Inu community.
  • Functionality:
    • Shibarium serves as a bridge between the Ethereum Network and itself, ensuring quick and safe transfers between chains.
    • Users can delegate their tokens on Shibarium to earn rewards.
  • BONE Token:
    • Role: BONE is the primary gas token for all operations on Shibarium.
    • Use Cases: It plays a major role as validators, is staked by delegators for rewards, and is pivotal in governance.
    • Limitation: Due to the BONE contract renouncement, there’s a halt on any further minting of the token.
  • Self-Sovereign Identity (SSI):
    • Empowerment: SSI on Shibarium enables users to manage and control their digital identity and assets.
    • Benefits: It opposes the current model where corporations benefit from user data, giving more power back to the users.
  • Governance System:
    • Shib Token: Overlooks the community aspects.
    • Bone Token: Concentrates on technological advancements and functionalities for the community.
    • Leash Token: Ensures protection and provides exclusive benefits.
    • Treat Token: Boosts and empowers community-driven projects.

Shiba Inu performance so far

  • Year to Date (2023): -8.7%
  • Last 12 months: -32.8%
  • Since launch: +552860.6%

Overall, Shiba Inu is a Moderate Case for Investment.

Shiba Inu Price Forecast: Will Shiba Inu Coin reach $10?

To reach $10, Shiba Inu needs to grow by 790k times considering its current market price

Also, it reached its all-time high value of $0.000088 in November 2021, where it grew by 13.96 times in just four months.

Considering its past growth of 13.96 times in 4 months, we can say that Shiba Inu will require more than 29,119 years, which is not practical.

Therefore, we cannot see Shiba Inu reaching $10.

Shiba Inu Price Prediction Today, Tomorrow and Week

UTC: Sep 23rd, 2023 06:25 AM

  • Shiba Inu Price Prediction in the next 24 hours is between $0.00000729 and $0.00000740
  • Shiba Inu Price Prediction this week is between $0.00000716 and $0.00000756

UTC: Sep 23rd, 2023 12:59 AM
Overall OutlookBearish
1. Market's WisdomNeutral
1a. Market DataPartially Bullish
1b. Technical RecommendationSell
2. Crowd's WisdomBearish
2a. Social Media BuzzLower
2b. Social Media SentimentLower

Shiba Inu Coin Price Prediction 2023, 2025 and 2030, Aggregated

Two of the most popular in-demand prediction questions or whether Shiba Inu will reach 1 cent and if Shiba Inu will reach $1. You can click the respective links to read that in great detail. This analysis focuses only on the period between 2023 and 2030

There are multiple scenarios for Shiba Inu Price Predictions

Scenario 1 (Optimistic): Macroeconomy looks good, Regulations are Tolerable, Blockchains and Tokens Take off, Shiba Implements plans and remains contemporary on use cases.

Scenario 2 (Pessimistic): Tight regulations, Blockchains, and Tokens adopted gradually, Shiba Implements plans poorly or slowly with limited Use cases.

Shiba Inu Coin Price Overview

Before diving into the predictions, it’s crucial to review the historical performance of the target coins. Let’s zoom in on Shiba Inu (SHIB) and its price journey.

  • Shiba Inu’s Debut Price: In August 2020, SHIB kicked off with a humble price of $0.00000000010. This suggests it started at a very low market cap but rapidly gained traction in the months that followed.
  • Shiba Inu’s Peak Price: SHIB’s price skyrocketed to its all-time high of $0.00006916 in November 2021.

Shiba Inu Price Prediction 2023

According to the 2023 price prediction, Shiba Inu is projected to hit a high of $0.00001374 and a low of $0.000008145 by the end of the year. Moreover, the average price for Shiba is expected to be $0.00001269.

Shiba Inu Price Prediction 2024

Based on current growth trends, the Shiba Inu Coin could potentially hit a price of $0.000018 by 2024. Price prediction for Shiba Inu suggests an average price of roughly $0.00001679 in 2024. However, there’s a chance the value could dip to $0.00001494 in case of unfavorable market conditions.

 Minimum Price (In USD)Average Price (In USD) Maximum price (In USD)
January 20240.00001269  0.000013435  0.00001052  
February 20240.000013145  0.00001379  0.00001088  
March 20240.000013205  0.00001395  0.00001395  
April 20240.000013365  0.00001396  0.000011585  
May 20240.000013475  0.000014025  0.000011925  
June 20240.000013805  0.000014455  0.000012385  
July 20240.000013885  0.00001423  0.000012795  
August 20240.000014055  0.000015105  0.00001323  
October 20240.00001421  0.000015255  0.00001373  
October 20240.00001457  0.000014865  0.00001425  
November 20240.000014655  0.00001505  0.00001472  
December 20240.00001479  0.00001669  0.00001489  

Shiba Inu Price Prediction 2025

Shiba Inu price prediction suggests a bright future for the Shiba Inu coin. The estimated price range for 2025 is between $0.00002132 and $0.00002564, with an average price hovering around $0.00002327. This is paired with an anticipated rise in market capitalization.

MonthMinimum Price (In USD)Average Price (In USD)Maximum Price (In USD)
January 20250.000017840.000018790.00002130
February 20250.000018360.000019660.00002089
March 20250.000018620.000020720.00002197
April 20250.000019000.000019600.00002069
May 20250.000019400.000020480.00002210
June 20250.000019640.000020720.00002194
July 20250.000019840.000020550.00002290
August 20250.000020110.000020810.00002180
September 20250.000020460.000021840.00002327
October 20250.000020700.000021480.00002419
November 20250.000021040.000022730.00002409
December 20250.000021270.000021720.00002434

Shiba Inu Price Prediction 2026

As per the 2026 price prediction, Shiba Inu is projected to hit a high of $0.0000349 and a low of $0.000002988 by the end of the year. Moreover, the average price for Shiba is expected to be $0.00003239.

MonthMinimum Price (in USD)Average Price (in USD)Maximum Price (in USD)
January 20260.000024610.000026050.00002831
February 20260.000025300.000026120.00002820
March 20260.000025480.000026260.00002925
April 20260.000026050.000028720.00003001
May 20260.000026630.000028340.00002986
June 20260.000026780.000029340.00003127
July 20260.000027130.000027790.00002999
August 20260.000027600.000029300.00003102
September 20260.000028240.000029300.00003258
October 20260.000028460.000029370.00003282
November 20260.000029140.000029990.00003261
December 20260.000029680.000031700.00003360

Shiba Inu Price Prediction 2027

According to the 2027 price prediction, Shiba Inu is projected to hit a maximum of $0.00004370 and a minimum of $0.000003636 by the end of the year. Furthermore, the average price for Shiba is expected to be $0.00003924.

MonthMinimum Price (In USD)Average Price (In USD)Maximum Price (In USD)
January 20270.00002770.00003090.0000319
February 20270.00002870.00003060.0000319
March 20270.00002910.00003090.0000323
April 20270.00002950.00003200.0000338
May 20270.00003020.00003190.0000338
June 20270.00003110.00003290.0000351
July 20270.00003180.00003330.0000365
August 20270.00003210.00003340.0000361
September 20270.00003280.00003370.0000364
October 20270.00003330.00003470.0000396
November 20270.00003380.00003520.0000387
December 20270.00003420.00003600.0000400

Shiba Inu Price Prediction 2028

According to the 2028 price prediction, Shiba Inu is projected to hit a maximum of $0.00005562 and a minimum of $0.00000505 by the end of the year. Moreover, the average price for Shiba is expected to be $0.0000535.

Month Minimum Price (In USD)Average Price (In USD)Maximum Price (In USD)
January 20280.000039370.000041820.00004279
February 20280.000041390.000042710.00004398
March 20280.000042070.000043950.00004586
April 20280.000043260.000044600.00004607
May 20280.000043870.000046940.00004873
June 20280.000045050.000048320.00005021
July 20280.000046180.000048140.00005038
August 20280.000046880.000048080.00005025
September 20280.000047780.000048880.00005175
October 20280.000048430.000050400.00005442
November 20280.000049340.000050330.00005411
December 20280.000050300.000051650.00005627

Shiba Inu Price Prediction 2029

Based on the Shiba Inu price prediction, the 2029 price for SHIB could swing between a low of $0.00007147 and a high of $0.00008493. The projected average price during this time is roughly $0.00006763.

MonthMinimum Price (In USD)Average Price (In USD)Maximum Price (In USD)
January 20290.000057520.000061110.00006416
February 20290.000059550.000061310.00006535
March 20290.000060560.000063280.00006758
April 20290.000061250.000063960.00006790
May 20290.000062420.000065580.00007127
June 20290.000063860.000066590.00007156
July 20290.000064650.000067980.00007405
August 20290.000066420.000068850.00007477
September 20290.000067670.000069990.00007817
October 20290.000068980.000070760.00007966
November 20290.000069890.000072500.00008179
December 20290.000071220.000074030.00008358

Shiba Inu Price Prediction 2030

Based on the Shiba Inu price prediction, its price is poised to make a notable mark on the cryptocurrency markets, hitting an average price of $0.0001086 in 2030. The high is predicted to be close to $0.0001193, while the low might hover around $0.0001043.

MonthMinimum Price (USD)Average Price (USD)Maximum Price (USD)
January 20300.00008210.00008740.0000903
February 20300.00008630.00008980.0000914
March 20300.00008900.00009180.0000940
April 20300.00008950.00009390.0000974
May 20300.00009170.00009410.0001000
June 20300.00009340.00009650.0001003
July 20300.00009570.00009790.0001030
August 20300.00009640.00009900.0001062
September 20300.00009820.00010090.0001097
October 20300.00010010.00010360.0001123
November 20300.00010190.00010520.0001161
December 20300.00010410.00010660.0001166

Shib Coin Price Prediction 2040

While it is difficult to predict the price 17 years from now, Shiba Inu is expected to reach $0.001621 if it rises 15% every year.

Shib Coin Price Prediction 2050

It’s tough to nail down the exact price of crypto 27 years from now. But if Shiba Inu grows by 15% each year, its price could hit around $0.00030475 by 2050.

Shib Coin Price Prediction 5 years

According to the Shiba Inu price forecast, Shiba Inu is expected to reach a high of $0.00005562 and a low of $0.00000505 by the end of the 5th year (i.e., 2028). Additionally, the average price for Shiba is projected to be $0.0000535.

However, looking at other scenarios:

  • If Shiba Inu grows at a rate of 15%, it could hit a price of $0.00001408 in the next 5 years.
  • If it increases by 25% annually, we could see Shiba Inu at a price of $0.00002136 by the end of the 5th year from now.

Shiba Inu price prediction after Shibarium launch

Shiba Inu’s performance so far:

  • Sep 2022 to Dec 2022- Shib: -38.2% [Elon Musk Twitter Deal]
  • Jan 2023 to May 2023- Shib: +4.7%
  • June 2023 to Sep 2023- Shib: -10.6% [Shibarium launch]

The recent launch of Shibarium might give Shib an advantage. Investors are ready to pay more for Shibarium’s potential. However, how Shibarium does with NFTs, DeFi, and other uses soon will shape Shiba Inu’s path forward.

Furthermore, it is highly anticipated that if market demand rises, Shibarium could significantly influence the SHIB price. Hence, Shibarium is likely to boost Shiba Inu’s price soon

Will Shiba Inu Coin reach $1000, $100?

How High Will Shiba Inu Go?

Given that the main target of the Shiba Army is to push the price of Shiba Inu to 1 cent. Here are the scenarios of how Shiba Inu could reach different milestones:

  • If the Shiba Inu price increases by 30% annually it will take 25 years for Shiba Inu to reach 1 cent.
  • If the Shiba Inu price increases by 50% annually it will take 16 years for Shiba Inu to reach 1 cent.
  • If the Shiba Inu price increases by 30% annually it will take 34 years for Shiba Inu to reach 10 cents.

Shib Inu Price Prediction? FAQs

Shiba Inu Price Prediction after 10 Years

It is very difficult to accurately the price of a cryptocurrency after 10 years. There are far too many variables and scenarios. That said, if SHIB were to grow conservatively at 20% per annum (Don’t forget the Burn), it would have grown 6 fold by that time. Essentially, $175000 would be worth a Million dollars in 10 years. However, the reality could be far worse or far better. It is difficult to predict beyond 2-3 year horizons.

Will Shiba Inu Ever Recover?

Shiba Inu, which was one of the best-performing cryptocurrencies in 2021, experienced a massive price crash in 2022. However, the crash was not due to any flaws in the Shiba Inu ecosystem but was a result of macro factors and geopolitical events that caused the global economy to crash. The recovery of Shiba Inu will depend on favorable macros and the adoption and expansion of the Shiba Inu ecosystem.

The developers of Shiba Inu are working to make the Shiba Inu ecosystem on par with the top-performing blockchains, but most of the developments so far have been on paper. As blockchain technology progresses, cryptocurrencies are no longer just alternatives to fiat currencies but are becoming utility tokens powering their own ecosystems.

Click here for Shiba Inu Price Prediction Calculator (External)

Shib Inu Coin Price Prediction: Shib Burn Data

Total Supply: 589,361,038,832,734

Circulating Supply: 574,228,069,523,722

Total burnt from initial supply: 410,638,961,167,265

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Is Shiba Inu Legit?

Callisto Network performed a detailed security audit on the SHIBA INU (SHIB) Token smart contract to ensure fund security. Key points from their report:

  • Findings:
    • High-severity issues: 0
    • Medium-severity issues: 0
    • Low-severity issues: 1
    • Additional notes: 1
    • No critical security issues were detected.
  • Main Vulnerability:
    • The contract lacks a transaction handling mechanism, a known vulnerability that has led to substantial financial losses in the past. They recommend adding specific code to address this.
  • Suggested Security Practices:
    • The contract should be open-source.
    • A post-audit bug bounty program is suggested.
    • Public testing is advised to uncover unforeseen issues.
    • Implementing an automated anomaly detection system can help monitor unusual activities.
    • Using a multi-signature setup for owner accounts adds an extra layer of security.
    • It’s advised to include functions to deal with unintended token deposits and crosschain address collisions.

Shiba Inu Price Prediction 2023: How to Buy Shiba Inu?

Shiba Inu, the Ethereum-based Cryptocurrency is gaining with every passing day. Like most Altcoins, Shiba Inu has similar steps to purchase. Here are the steps for “How To Buy Shiba Inu”:

  1. Finding a crypto exchange that has Shiba Inu coins listed
  2. Create an account with the Exchange
  3. Verify your identity
  4. Fund the Wallet
  5. Make the Purchase

Where to Buy Shiba Inu Coin?

There are several platforms where you can buy Shiba Inu. A few famous exchanges offering Shiba Inu are Binance, Crypto.com, Atomic Wallet, Voyager, SevenB, and KuCoin.

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.

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