Will Shiba Inu reach 1 Cent by 2025? Shiba Inu 50 Cents
Will Shiba Inu reach 1 cent? Shiba Inu will have to rise 1150 times from the current price to reach 1 cent. SHIB can reach 1 cent in 28 years assuming 50% burn and implementing current development plans.
Will Shiba Inu reach 1 cent by 2025? No, Shiba Inu will not reach 1 cent by 2025.
Will Shiba Inu reach 1 cent by 2030? No, Shiba Inu will not reach 1 cent by 2030.
Will Shiba Inu reach 50 cents? Yes, Shiba Inu could reach 50 cents
Latest Shiba Inu Price
The Shib community is one of the most well-organized communities in the cryptocurrency market driving the cryptocurrency towards delivering more value to users and not remaining a meme coin. A big area for the community is given that in the year 2021, Shiba Inu had risen 60 times in 6 months, Can Shiba Inu reach 1 cent?
Shiba Inu Performance In the Last 6 Months
- June 2022: -17.9%
- July 2022: +16.8%
- August 2022: +1.3%
- September 2022: -7.7%
- October 2022: +11.4%
- November 2022: -27.8%
Shiba Inu in the 4th quarter of 2022 has lost over 20% of its value. In the last 6 months, Shiba has traded positively in 3 months but has traded negatively in the rest of the 3 months.
Shib Price Prediction: Will Shiba Inu reach 1 cent?
Before we do the simulation, here are some facts
- Ethereum rose 1400 fold in the last 6 years
- Solana rose 100-fold in 2021 alone
How many times does Shiba Inu have to rise to reach 1 cent? 1150 times
Looking at the above data and combining it with an active burn program, it is realistic to expect Shiba Inu to reach 1 cent. If Shib burns 50% of its coins over the next 20 years and therefore grows at a pace of 30% every year, it will take SHIB 28 years to reach 1 Cent. This assumes that Shib will implement the development plans as outlined later.
How much is 1 million Shiba Inu worth if it hits 1 cent
1 Million Shiba Inu will be worth $10,000 if Shiba Inu hits 1 cent
How much is 10 million Shiba Inu worth at 1 cent
1 Million Shiba Inu will be worth $100,000 if Shiba Inu hits 1 cent
Can Shiba Inu reach half a cent?
Yes, Shiba Inu can reach half a cent by 2047.
Is Shiba Inu better than other cryptocurrencies?
To answer this question honestly, one must ask how well Solana, Polkadot, and Matic are performing. All these layer-1 blockchains with large market caps have performed as well as Shiba Inu or even worse than Shib.
While Shib did start as a Memecoin, it is one of the most dynamic cryptocurrencies in trying to make it more useful – Payment partnerships, Burn, Metaverse, Shibaswap, and so on. The Shib community too has been quite strong in spite of losing so much value in the last few months.
Yes, Shiba Inu will go back up once the overall cryptocurrency market rises. It is likely to outperform most cryptocurrencies except coins with a small market cap. In terms of utility, Shib trails Ethereum and Bitcoin but because of its Multifunctionality including wide acceptance in payments, Shibaverse and Shibswap,
Shiba Inu is well-placed to rise faster than most cryptocurrencies. However, its recovery will depend on the recovery of the cryptocurrency market itself which has been trending lower this year.
Caveats – This analysis is made on the basis of publicly available information at this point. A certain degree of volatility is expected in the cryptocurrency market for the next few months.
Can Shiba Inu reach 1 cent? Triggers
Shiba Inu’s triggers for reaching 1 cent can be split into 4 broad buckets
- Macroeconomic Factors – Once there is an improvement in the market condition we may see Shiba prices rising higher.
- Whale Action: The other factor that will help Shiba Inu reach 1 cent is the Whale action. In the past, Shiba Inu whales have played an important role in boosting the price of Shiba Inu. However, once the market condition deteriorated, the Whales abandoned Shiba Inu to some extent. Now, once the Whales start to back SHIB once again, Shiba Inu price may see a major boost.
- Shiba Inu Burn: Shib burn will also help boost the price of Shiba Inu.
- Development Plans: Many projects will help Shiba Inu reach 1 cent. These projects include:
- Shiba Eternity: Shiba Eternity is a collectible card strategy game that enables players to earn rewards. The Shib team was pleasantly surprised by its performance so far.
- Shibarium: Shibarium is a Layer-2 blockchain (on Ethereum) and will overlay all the development work around Shiba Inu whether it is the Metaverse or Gaming or NFT projects. Shiba Inu is currently based upon the ETH blockchain which means the gas fee for every SHIB transaction is higher. Shibarium, therefore, becomes one of the most exciting projects not just for the Shiba Inu developers but also for the Shib investors. Shibarium is expected to be Shiba Inu’s own Layer 2 blockchain which will help it get rid of the expensive ETH L-2 blockchain.
- Shibverse: Metaverse is turning out to be one of the most talked-about projects currently. Shiba Inu also has ventured into the metaverse with its own metaverse project called Shibverse.
- Doggy Dao: As per the definition from Wikipedia, DAO (Decentralized Autonomous Organization) is an organization represented by rules encoded as a transparent computer program, controlled by the organization members, and not influenced by a central government. As the rules are embedded into the code, no managers are needed, thus removing any bureaucracy or hierarchy hurdles. DoggyDAO’s first phase is live but there is no official announcement for the 2nd phase of DoggyDAO.
- The other projects that Shiba Inu developers are working on are Shiba Inu Burns and Shiba Inu Games.
Will Shiba Inu coin reach 1 cent? Why it is possible
A market cap of $5.5 Trillion may sound crazy today but not if it was 20 years from now or later. With burns of 2-3% a year, this can even be faster and the market cap requirements could be much lower. The real question is what are the 3-4 factors that could drive Shiba Inu towards 1 Cent
- Organized and High-Quality Leadership: While this may not be such a requirement for Bitcoin, Shiba Inu needs vision, oversight, and execution. Vitalik Buterin for example.
- Execution of Plans: The core of what makes Ethereum such a successful cryptocurrency is a solid blockchain framework and widespread use which in turn drives demand for Eth coins. Shiba Inu has numerous plans whether it is their own Layer-2 Block Chain, A Metaverse, or the latest plan to launch a Stable Coin. Implementing these will need massive execution capability because each in itself is a company on its own.
- Sustaining current momentum: Shib is already well organized as a community, leads in payment adoption, and continues to Burn at a steady pace.
Will Shiba Inu Reach 1 Cent: Risks
- Whales: Shib’s price in the past has been mostly driven by the Whales. The Whales have come to the rescue of Shiba on many occasions. This time, the whales seem to have deserted Shib and allowed the price of SHIB to free fall. However, one piece of data shows that SHIB is the biggest altcoin or the favorite altcoin among the ETH whales.
- Development Efforts: Currently the SHIB team is implementing many of the plans outlined earlier. However, none of them have actually been fully implemented.
Will Shiba Inu reach 1 cent by 2025?
Shiba Inu will not reach 1 cent by 2025 because to reach 1 cent Shib coin will have to reach a market cap of 1 Trillion (2 Times Apple) in 3 years or burn 90% of all SHIB coins in the next 3 years. Both are highly impractical at the moment.
Will Shiba Inu reach 1 cent by 2030?
Given our aggressive simulation, the optimistic estimate for Shiba Inu 1 cent is 2050. Therefore there is no chance of Shiba Inu reaching 1 cent by 2030
Check out our other Shiba Inu Articles
Will Shiba Inu Reach 25 Cents?
For Shiba Inu to reach 25 cents, it will have to rise 31,250 times from its current price.
- If Shiba Inu gains 30% a year (assuming a burn of 50% of its supply) it will take 40 years for Shiba Inu to reach 25 cents.
Will Shiba Inu Coin Reach 50 Cents: Statistical Analysis
Let us discuss the current scenario of Shiba Inu:
- If Shiba Inu gains 30% a year (assuming a burn of 50% of its supply) it will take 43 years for Shiba Inu to reach 50 cents.
Shiba Inu Price Prediction: How to Buy Shiba Inu?
Here are the steps to buying Shiba Inu crypto:
- Finding the Exchange where the Shiba Inu coin is listed
- Create an account with the Exchange
- Verify your identity
- Fund the Wallet
- Make the Purchase
Shiba Inu Coin is one of the most popular cryptocurrencies therefore most of the exchanges have listed Shiba Inu for trade. Here are a few popular exchanges where you can purchase Shib:
Robinhood, 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.