The simpler the better. This rule applies to the crypto industry as well. Created as the main rival of jokesome Dogecoin with no investments at all, the Shiba Inu token is now in the Top-15 cryptocurrencies by market cap. The project has grown into an ecosystem with a metaverse and its own decentralized exchange, and it is definitely showing something more promising than just being a memecoin. Let’s find out the Shiba Inu coin history and predict the Shiba Inu coin price.
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Shiba Inu Price Prediction: What Will Be the Price of SHIB Coin in 2025?
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Table of Contents
SHIBA INU Fundamental Analysis
Project name
SHIBA INU
Stock Symbol
SHIB
Current Price
0.00000729961315336903
Current Supply
589607298722337
Official Website
Shiba Inu was launched in August 2020 by an anonymous developer under the pseudonym “Ryoshi”. Their 3 main principles were: no investment in the cryptocurrency promotion, spending no dollars on creating a token, and the coin purchase by the founder had to be together with the entire community.
Shiba Inu, or SHIB, is the main token of the ecosystem which is fully run by the community. It is an ERC-20 standard token built on the Ethereum blockchain. Shiba Inu uses the Proof of Work (PoW) consensus mechanism but is in the process of transitioning to Proof of Stake (PoS).
The Shiba Inu project has received the most publicity because of the support of Elon Musk and Vitalik Buterin on social media. There even was one particular theory that Buterin is the co-founder of the project and Ryoshi's friend who staked 10 ETH to a Uniswap LP (liquidity pool) and burned the keys to support the idea, but he denied it on Lex Fridman's podcast on June 5, 2021.
Shiba Inu has its own decentralized exchange called ShibaSwap. It’s a peer-to-peer trading platform that allows users to trade SHIB and other cryptocurrencies without an intermediary, also it allows users to provide liquidity, stake tokens, and gain returns through their income reward system.
The Shib ecosystem also involves an NFT collection called "Shiboshis", which consists of 10000 pixelated cartoons of Shiba Inu dogs, and “Shiba Eternity”, a free-to-play collectible card game that showcases the Shiboshi world. In the future, Shib NFTs can be used for strategic gameplay and more.
“SHIB: The Metaverse” is a virtual representation of the Shiba Inu Universe that provides users with a way to earn passive income, collect in-game resources, generate rewards, and even have their own space to build and manage their projects.
Last but not least, there is the Shiba Inu community named ShibArmy. There are millions of supporters worldwide. In October 2021 SHIB holders created a petition calling for Robinhood to list the Shiba Inu coin, and they have collected over 320,000 signatures. Later community members started an initiative to make SHIB accepted as payment in McDonald’s. Thus, given the above, the well-being of Shiba Inu is definitely its community, and it is the main reason behind the Shib success.
SHIBA INU Live Price Chart
SHIB started 2022 with a price of $0.000034, but by January 11 it dropped to $0.00027. The next few days SHIB was trying to recover, and on January 13 it reached 0.000032. After that Shiba Inu was showing a downward trend, and by the end of the month it fell down to $0.000021. The price remained low till the beginning of February.
On February 8 SHIB suddenly jumped and reached a peak price of 2022 at the point of $0.000033. The price was slightly varying between $0.00003 and $0.000033 for a week. But then it leveled off to $0.000024, following the trend of the crypto market. Shiba Inu’s price stayed around that point till the end of the month. There was a short rise on March 2 to $0.000027, but since then SHIB was gradually losing its value. By the middle of March, it was trading for $0.000022.
The second part of March was showing signs of recovery for the crypto market, and SHIB started its upturn. By March 31 it hit the point of $0.00027 again.
Till the end of April, the Shiba Inu price was fluctuating widely between $0.00022 and $0.000027. By the beginning of May, the SHIB token was at the level of $0.00002, and it was around that price for the next few days before a significant decline to $0.000012 on May 13. Shiba Inu stayed constantly low till June 10, and then it dipped again and hit the lowest point of the year with the price of $0.00000772. The next month and a half SHIB was around $0.00001.
On August 15 Shiba Inu was up 30%, surging to $0.000017 thanks to the rise of Ethereum prices and to the news about the Shib crypto game. However, its bull run didn’t last long: in two days SHIB dropped back to the level of $0.000012.
The Shiba Inu price remained continuously low till the end of October. On October 30 the coin went up to $0.000013 and was around that point for a week.
On November 10 SHIB abruptly decreased to approximately $0.000009. The price remained static till the end of December.
Analyzing the chart, the SHIB price is unlikely to change in the nearest future.
SHIBA INU Technical Analysis
SHIBA INU Price Prediction
Below we have collected the most reliable price projections for SHIBA INU (SHIB) from popular forecast platforms.
SHIBA INU Price Prediction for 2023
As of the beginning of 2023, SHIBA INU price predictions remain predominantly positive, with some analytics promising the price at about $0.000008, while WalletInvestor even cites the possibility of the price reaching $0.000022 by the end of the year.
Potential ROI:
98%
Buy
SHIBA INU Price Prediction for 2024
In their SHIBA INU price predictions for 2024, TradingBeast’s forecasts the coin’s price to go above $0.00001 by December. Forecasting SHIBA INU's future, WalletInvestor expects further growth, too, saying the SHIBA INU price will reach ~$0.000017 by that time. On the contrary, PricePrediction.net keeps predicting SHIBA INU price decline, quoting prices around ~$0.000004 in 2024.
Potential ROI:
42%
Buy
SHIBA INU Price Prediction for 2025
SHIBA INU price predictions for 2025 are still predominantly positive, with some analysts promising prices in the $0.000012–$0.000013 range (TradingBeast, PricePrediction.net), while WalletInvestor takes a different view and cites the possibility of the price reaching $0.000001 in December 2025.
Potential ROI:
19%
Buy
SHIBA INU Price Prediction for 2026
PricePrediction.net has only pessimism in store for the 2026 SHIBA INU price prediction, valuing SHIBA INU at $0.000004 by the end of 2026. WalletInvestor agrees with a negative forecast and predicts, in turn, $0.000002 for the same period. On the other hand, TradingBeast’s team is more optimistic — their SHIBA INU price prediction for December of this year is just $0.000014.
Potential ROI:
-13%
Sell
SHIBA INU Price Prediction for 2030
Most experts are expecting a bleak future for SHIBA INU: long-term SHIBA INU price predictions promise significant decline by 2030. PricePrediction.net predicts the price to reach $0.000007, while WalletInvestor goes down for $0.000002. TradingBeast also puts not so big hopes on SHIBA INU in the long term: its SHIBA INU prediction for 2030 is $0.000001.
Potential ROI:
-56%
Sell
FAQ
How much is Shiba Inu coin worth?
Will Shiba Inu coins reach 1 cent?
Will Shiba get to $1?
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Is Shiba Inu coin worth buying?
Summary
As it can be clear from the analysis cited above, SHIBA INU (SHIB) projections are rather contradictory. There is no universal consensus either about positive or negative future SHIB price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the SHIBA INU projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer:
This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
