Shiba Inu Price Prediction 2023-2030: Will Shiba Inu Reach $10?
Shiba Inu Coin Price
Metric | Trend |
---|---|
Social Mentions | Lower |
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.
- 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
- 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
Overall Outlook | Bearish |
1. Market's Wisdom | Neutral |
1a. Market Data | Partially Bullish |
1b. Technical Recommendation | Sell |
2. Crowd's Wisdom | Bearish |
2a. Social Media Buzz | Lower |
2b. Social Media Sentiment | Lower |
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 2024 | 0.00001269 | 0.000013435 | 0.00001052 |
February 2024 | 0.000013145 | 0.00001379 | 0.00001088 |
March 2024 | 0.000013205 | 0.00001395 | 0.00001395 |
April 2024 | 0.000013365 | 0.00001396 | 0.000011585 |
May 2024 | 0.000013475 | 0.000014025 | 0.000011925 |
June 2024 | 0.000013805 | 0.000014455 | 0.000012385 |
July 2024 | 0.000013885 | 0.00001423 | 0.000012795 |
August 2024 | 0.000014055 | 0.000015105 | 0.00001323 |
October 2024 | 0.00001421 | 0.000015255 | 0.00001373 |
October 2024 | 0.00001457 | 0.000014865 | 0.00001425 |
November 2024 | 0.000014655 | 0.00001505 | 0.00001472 |
December 2024 | 0.00001479 | 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.
Month | Minimum Price (In USD) | Average Price (In USD) | Maximum Price (In USD) |
January 2025 | 0.00001784 | 0.00001879 | 0.00002130 |
February 2025 | 0.00001836 | 0.00001966 | 0.00002089 |
March 2025 | 0.00001862 | 0.00002072 | 0.00002197 |
April 2025 | 0.00001900 | 0.00001960 | 0.00002069 |
May 2025 | 0.00001940 | 0.00002048 | 0.00002210 |
June 2025 | 0.00001964 | 0.00002072 | 0.00002194 |
July 2025 | 0.00001984 | 0.00002055 | 0.00002290 |
August 2025 | 0.00002011 | 0.00002081 | 0.00002180 |
September 2025 | 0.00002046 | 0.00002184 | 0.00002327 |
October 2025 | 0.00002070 | 0.00002148 | 0.00002419 |
November 2025 | 0.00002104 | 0.00002273 | 0.00002409 |
December 2025 | 0.00002127 | 0.00002172 | 0.00002434 |
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.
Month | Minimum Price (in USD) | Average Price (in USD) | Maximum Price (in USD) |
January 2026 | 0.00002461 | 0.00002605 | 0.00002831 |
February 2026 | 0.00002530 | 0.00002612 | 0.00002820 |
March 2026 | 0.00002548 | 0.00002626 | 0.00002925 |
April 2026 | 0.00002605 | 0.00002872 | 0.00003001 |
May 2026 | 0.00002663 | 0.00002834 | 0.00002986 |
June 2026 | 0.00002678 | 0.00002934 | 0.00003127 |
July 2026 | 0.00002713 | 0.00002779 | 0.00002999 |
August 2026 | 0.00002760 | 0.00002930 | 0.00003102 |
September 2026 | 0.00002824 | 0.00002930 | 0.00003258 |
October 2026 | 0.00002846 | 0.00002937 | 0.00003282 |
November 2026 | 0.00002914 | 0.00002999 | 0.00003261 |
December 2026 | 0.00002968 | 0.00003170 | 0.00003360 |
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.
Month | Minimum Price (In USD) | Average Price (In USD) | Maximum Price (In USD) |
January 2027 | 0.0000277 | 0.0000309 | 0.0000319 |
February 2027 | 0.0000287 | 0.0000306 | 0.0000319 |
March 2027 | 0.0000291 | 0.0000309 | 0.0000323 |
April 2027 | 0.0000295 | 0.0000320 | 0.0000338 |
May 2027 | 0.0000302 | 0.0000319 | 0.0000338 |
June 2027 | 0.0000311 | 0.0000329 | 0.0000351 |
July 2027 | 0.0000318 | 0.0000333 | 0.0000365 |
August 2027 | 0.0000321 | 0.0000334 | 0.0000361 |
September 2027 | 0.0000328 | 0.0000337 | 0.0000364 |
October 2027 | 0.0000333 | 0.0000347 | 0.0000396 |
November 2027 | 0.0000338 | 0.0000352 | 0.0000387 |
December 2027 | 0.0000342 | 0.0000360 | 0.0000400 |
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 2028 | 0.00003937 | 0.00004182 | 0.00004279 |
February 2028 | 0.00004139 | 0.00004271 | 0.00004398 |
March 2028 | 0.00004207 | 0.00004395 | 0.00004586 |
April 2028 | 0.00004326 | 0.00004460 | 0.00004607 |
May 2028 | 0.00004387 | 0.00004694 | 0.00004873 |
June 2028 | 0.00004505 | 0.00004832 | 0.00005021 |
July 2028 | 0.00004618 | 0.00004814 | 0.00005038 |
August 2028 | 0.00004688 | 0.00004808 | 0.00005025 |
September 2028 | 0.00004778 | 0.00004888 | 0.00005175 |
October 2028 | 0.00004843 | 0.00005040 | 0.00005442 |
November 2028 | 0.00004934 | 0.00005033 | 0.00005411 |
December 2028 | 0.00005030 | 0.00005165 | 0.00005627 |
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.
Month | Minimum Price (In USD) | Average Price (In USD) | Maximum Price (In USD) |
January 2029 | 0.00005752 | 0.00006111 | 0.00006416 |
February 2029 | 0.00005955 | 0.00006131 | 0.00006535 |
March 2029 | 0.00006056 | 0.00006328 | 0.00006758 |
April 2029 | 0.00006125 | 0.00006396 | 0.00006790 |
May 2029 | 0.00006242 | 0.00006558 | 0.00007127 |
June 2029 | 0.00006386 | 0.00006659 | 0.00007156 |
July 2029 | 0.00006465 | 0.00006798 | 0.00007405 |
August 2029 | 0.00006642 | 0.00006885 | 0.00007477 |
September 2029 | 0.00006767 | 0.00006999 | 0.00007817 |
October 2029 | 0.00006898 | 0.00007076 | 0.00007966 |
November 2029 | 0.00006989 | 0.00007250 | 0.00008179 |
December 2029 | 0.00007122 | 0.00007403 | 0.00008358 |
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.
Month | Minimum Price (USD) | Average Price (USD) | Maximum Price (USD) |
January 2030 | 0.0000821 | 0.0000874 | 0.0000903 |
February 2030 | 0.0000863 | 0.0000898 | 0.0000914 |
March 2030 | 0.0000890 | 0.0000918 | 0.0000940 |
April 2030 | 0.0000895 | 0.0000939 | 0.0000974 |
May 2030 | 0.0000917 | 0.0000941 | 0.0001000 |
June 2030 | 0.0000934 | 0.0000965 | 0.0001003 |
July 2030 | 0.0000957 | 0.0000979 | 0.0001030 |
August 2030 | 0.0000964 | 0.0000990 | 0.0001062 |
September 2030 | 0.0000982 | 0.0001009 | 0.0001097 |
October 2030 | 0.0001001 | 0.0001036 | 0.0001123 |
November 2030 | 0.0001019 | 0.0001052 | 0.0001161 |
December 2030 | 0.0001041 | 0.0001066 | 0.0001166 |
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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Shiba Inu Discussion Forums
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”:
- Finding a crypto exchange that has Shiba Inu coins listed
- Create an account with the Exchange
- Verify your identity
- Fund the Wallet
- 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.