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
0.00001201
Current Supply
589658777044748
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 for SHIBA INU price predictions for 2023, there are divergent opinions. PricePrediction.net expects a downturn towards $0.000001, and WalletInvestor echoes with ~$0 by the year’s end. Other experts, for example, from TradingBeast, are more enthusiastic about SHIBA INU’s future price, citing upwards of $0.000016 in December.
Potential ROI:
-52%
Sell
SHIBA INU Price Prediction for 2024
In their SHIBA INU price predictions for 2024, WalletInvestor forecasts the coin’s price to go down to $0.000009 by December. Forecasting SHIBA INU future, PricePrediction.net expects further decrease of its price, too, saying the SHIBA INU price will reach ~$0.000007 by that time. On the contrary, TradingBeast keeps predicting SHIBA INU price growth, quoting prices around ~$0.000018 in 2024.
Potential ROI:
-7%
Sell
SHIBA INU Price Prediction for 2025
The experts are unanimous in their SHIBA INU price forecasts for 2025 — everybody expects SHIBA INU’s price to grow by the end of that year. PricePrediction.net predicts the price growth reaching $0.000015. According to TradingBeast’s research, SHIBA INU’s price can go up to $0.000021. WalletInvestor’s forecast is also positive: its analysts hold the view that by 2024 SHIBA INU’s price will be about $0.00002.
Potential ROI:
56%
Buy
SHIBA INU Price Prediction for 2026
Both PricePrediction.net and TradingBeast predict the SHIBA INU market to grow in 2026, resulting in $0.00002 and $0.000024 by the end of the year respectively. Other SHIBA INU price forecasts support the idea: WalletInvestor forecasts SHIBA INU to reach $0.000022 by December 2026.
Potential ROI:
85%
Buy
SHIBA INU Price Prediction for 2030
Most experts are expecting an encouraging future for SHIBA INU: long-term SHIBA INU price predictions promise significant growth by 2030. WalletInvestor predicts the price to reach $0.000015, while PricePrediction.net goes for $0.000021. TradingBeast also puts big hopes on SHIBA INU in the long term: its SHIBA INU prediction for 2030 is $0.000031.
Potential ROI:
88%
Buy
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).
FAQ
How much is Shiba Inu coin worth?
Shiba Inu coin future price depends on many factors, as the crypto market is highly volatile. In July 2021 SHIB price was fluctuating between $0.00000500–0.00000900.
Will Shiba Inu coins reach 1 cent?
No, Shiba Inu coin price will hardly reach 1 cent. The current trend in Shiba coin price indicates that the probability of SHIB reaching $0.01 in the foreseeable future is low, although not impossible.
Will Shiba get to $1?
From the middle of 2021, Shiba price hitting $1 seems unlikely. However, stranger things have happened; for example, the developers might surprise us with some new additions that will send Shiba to the moon.
Is Shiba coin legit?
Shiba coin does not look like an outright scam, so it’s as legit as other altcoins. The experts are unanimous in their positive Shiba Inu price predictions for 2025, which gives SHIB some additional weight.
Is Shiba Inu coin worth buying?
Shiba Inu coin price prediction for 2025 is promising, so it might turn out to be an incredible investment. In this case, it’s certainly worth getting into now. Keep in mind that as any crypto, or as any investment with potentially high reward, it also carries high risks, so any potential buyers need to do their own research and decide if Shiba Inu coin is worth it for themselves.
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.
