Shiba Inu a.k.a SHIB is a popular dog-themed meme coin, ranked second in its category with a market cap of over $7.87 billion. The article takes this aspect into detail and crafts its way to present the Shiba Inu price prediction for the coming years starting from 2024 to 2030.
Here are some key highlights based on our prediction of the Shiba Inu price:
- Current price of SHIB is $0.00002510.
- The latest market sentiment as Bullish for SHIB.
- Shiba Inu has 14/30 (47%) green days and 4.44% volatility.
- The latest predictions states that the Shib Inu coin will increase by 23.69% and reach $0.000043 by November 21, 2024.
Shiba Inu Overview
An overview of the Shiba Inu is shown in the table below.
Cryptocurrency | Shiba Inu |
Token | SHIB |
Price | $0.00002510 |
Price Change (24h) | 0.41% |
Price Change (7d) | 6.66% |
Market Cap $ | $15.10B |
Trading Volume | $1.25B |
Circulating Supply | 589.26T SHIB |
All-Time High | $0.00008845 |
All-time Low | $0.00000000008165 |
Volatility | 4.44% |
Sentiment | Bullish |
Fear-Greed Index | 83 (Extreme Greed) |
Green Days | 14/30 (47%) |
50-Day SMA | $ 0.00001887 |
200-Day SMA | $ 0.00001882 |
14-Day RSI | 64.39 |
Shiba Inu Forecast For The Next 30 Days
The 30 days prediction is based on analyzing the cryptocurrency’s performance over the last month, providing insights for Shib price prediction today, tomorrow, and beyond.
Date | Price | Change |
Nov 19, 2024 | $0.000025 | 0.69% |
Nov 20, 2024 | $0.000025 | -0.75% |
Nov 21, 2024 | $0.000043 | 23.69% |
Nov 22, 2024 | $0.000054 | 19.78% |
Nov 23, 2024 | $0.000053 | -0.73% |
Nov 24, 2024 | $0.000045 | -18.04% |
Nov 25, 2024 | $0.000040 | -13.74% |
Nov 26, 2024 | $0.000040 | 0.00% |
Nov 27, 2024 | $0.000037 | -8.92% |
Nov 28, 2024 | $0.000035 | -5.91% |
Nov 29, 2024 | $0.000035 | 1.32% |
Nov 30, 2024 | $0.000035 | 1.27% |
Dec 1, 2024 | $0.000032 | -10.76% |
Dec 2, 2024 | $0.000028 | -13.08% |
Dec 3, 2024 | $0.000026 | -7.69% |
Dec 4, 2024 | $0.000025 | -6.06% |
Dec 5, 2024 | $0.000024 | -5.27% |
Dec 6, 2024 | $0.000024 | 2.69% |
Dec 7, 2024 | $0.000025 | 4.39% |
Dec 8, 2024 | $0.000026 | 3.07% |
Dec 9, 2024 | $0.000026 | 0.61% |
Dec 10, 2024 | $0.000026 | -2.06% |
Dec 11, 2024 | $0.000025 | -3.71% |
Dec 12, 2024 | $0.000024 | -3.25% |
Dec 13, 2024 | $0.000024 | -1.22% |
Dec 14, 2024 | $0.000024 | 0.46% |
Dec 15, 2024 | $0.000024 | 1.77% |
Dec 16, 2024 | $0.000025 | 2.80% |
Dec 17, 2024 | $0.000026 | 2.16% |
Dec 18, 2024 | $0.000026 | 2.37% |
Yearly Shiba Inu Price Prediction: 2024-2030
Considering the historical price movements of Shiba Inu and the BTC halving cycles, the projected yearly low for Shiba Inu in 2025 is $0.00001561. On the other hand, it is anticipated that Shiba Inu could reach as high as $0.00003857 next year. Based on these factors, here is the price prediction for the next 5 years starting from 2025.
Year | Yearly Low | Average Price | Yearly High |
2024 | $0.00002145 | $0.00003765 | $0.00005384 |
2025 | $0.00002127 | $0.00006669 | $0.00011210 |
2026 | $0.00002376 | $0.00003275 | $0.00004174 |
2027 | $0.00002210 | $0.00002547 | $0.00002884 |
2028 | $0.00002568 | $0.00005912 | $0.00009256 |
2029 | $0.00004114 | $0.00011312 | $0.00018510 |
2030 | $0.00004507 | $0.00005828 | $0.00007149 |
Shiba Inu Price Prediction 2024
Shiba Inu 2024 prediction is very well with yearly lows and highs potentially reaching $0.00002145 and $0.00005384, respectively, its predicted average value is $0.00003765. These numbers indicate a possible increase that may attract traders and investors because they are far higher than the going market rates.
Shiba Inu Price Prediction 2025
Shiba Inu is likely to make a good impression in 2025. It is expected to summarize the timeline with an average value of $0.00006669. Yearly lows and yearly highs are predicted to be around $0.00002127 and $0.00011210 respectively, applicable in the same order. Both values are higher than the current flow on exchange platforms. They further instill a sense of bull run in the minds of traders and investors.
Month | Minimum Price | Average Price | Maximum Price |
January | $0.00002400 | $0.000025 | $0.00002682 |
February | $0.00002325 | $0.000024 | $0.00002570 |
March | $0.00002405 | $0.000025 | $0.00002689 |
April | $0.00002388 | $0.000026 | $0.00002751 |
May | $0.00003160 | $0.000068 | $0.00010510 |
June | $0.00006490 | $0.000084 | $0.00010310 |
July | $0.00005332 | $0.000064 | $0.00007404 |
August | $0.00004978 | $0.000057 | $0.00006365 |
September | $0.00004162 | $0.000049 | $0.00005603 |
October | $0.00004292 | $0.000048 | $0.00005404 |
November | $0.00004295 | $0.000046 | $0.00004988 |
December | $0.00004077 | $0.000045 | $0.00004887 |
Shiba Inu Price Prediction 2026
The year is likely to sustain the growth that a Shiba Inu achieves in 2026. The yearly average is speculated to hover around $0.00003275 with lows and highs of $0.00002376 and $0.00004174, respectively. This showcases that the growth in 2026 would suffice for two years, or changes could be less than significant.
Month | Minimum Price | Average Price | Maximum Price |
January | $0.00002900 | $0.000034 | $0.00003935 |
February | $0.00002567 | $0.000028 | $0.00003032 |
March | $0.00002838 | $0.000030 | $0.00003137 |
April | $0.00002902 | $0.000032 | $0.00003577 |
May | $0.00003037 | $0.000032 | $0.00003288 |
June | $0.00002847 | $0.000029 | $0.00003040 |
July | $0.00002806 | $0.000030 | $0.00003164 |
August | $0.00002660 | $0.000027 | $0.00002821 |
September | $0.00002601 | $0.000027 | $0.00002754 |
October | $0.00002638 | $0.000029 | $0.00003088 |
November | $0.00003032 | $0.000032 | $0.00003405 |
December | $0.00002850 | $0.000030 | $0.00003157 |
Shiba Inu Price Prediction 2027
Shiba Inu is potentially looking at 2027 as another year of a bull run. The average token value comes to around $0.00002547 with lows and highs at $0.00002210 and $0.00002884, in the same order. Shiba Inu has been aiming to dethrone Dogecoin for a long time. This could be the year when it inches closer to DOGE in terms of market cap.
Month | Minimum Price | Average Price | Maximum Price |
January | $0.00002888 | $0.000030 | $0.00003032 |
February | $0.00002678 | $0.000028 | $0.00002898 |
March | $0.00002428 | $0.000026 | $0.00002697 |
April | $0.00002416 | $0.000025 | $0.00002584 |
May | $0.00002528 | $0.000026 | $0.00002650 |
June | $0.00002591 | $0.000028 | $0.00002918 |
July | $0.00002488 | $0.000025 | $0.00002600 |
August | $0.00002441 | $0.000025 | $0.00002521 |
September | $0.00002528 | $0.000026 | $0.00002724 |
October | $0.00002597 | $0.000027 | $0.00002876 |
November | $0.00002738 | $0.000028 | $0.00002945 |
December | $0.00002681 | $0.000028 | $0.00002819 |
Shiba Inu Price Prediction 2028
Enthusiasts within the ecosystem of SHIB speculate the arrival of meme coin’s ETF at the earliest. Approval of Spot Ether ETF would be significant in showcasing the road ahead. The 2028 prediction without that scenario in the picture brings the average to $0.00005912 with lows and highs of $0.00002568 and $0.00009256, respectively. It also remains to be seen how well the utility of SHIB expands in the next 3-5 years.
Month | Minimum Price | Average Price | Maximum Price |
January | $0.00002753 | $0.000044 | $0.00006130 |
February | $0.00004777 | $0.000054 | $0.00005965 |
March | $0.00004320 | $0.000047 | $0.00005140 |
April | $0.00004347 | $0.000046 | $0.00004786 |
May | $0.00003835 | $0.000044 | $0.00004986 |
June | $0.00003381 | $0.000037 | $0.00004001 |
July | $0.00003202 | $0.000035 | $0.00003824 |
August | $0.00003201 | $0.000034 | $0.00003506 |
September | $0.00003246 | $0.000037 | $0.00004088 |
October | $0.00003694 | $0.000038 | $0.00003952 |
November | $0.00003696 | $0.000063 | $0.00008999 |
December | $0.00004313 | $0.000047 | $0.00005019 |
Shiba Inu Price Prediction 2029
A continuation of the sentiment from the previous year will bring an average of $0.00011312. Yearly highs and lows could be around $0.00018510 and $0.00004114 respectively, applicable in the same order. Shiba Inu will remain closer to achieving the target of 1 cent by the end of this year, that is 2029.
Month | Minimum Price | Average Price | Maximum Price |
January | $0.00004355 | $0.000046 | $0.00004844 |
February | $0.00004271 | $0.000045 | $0.00004667 |
March | $0.00004372 | $0.000046 | $0.00004856 |
April | $0.00004403 | $0.000055 | $0.00006671 |
May | $0.00007895 | $0.000127 | $0.00017510 |
June | $0.00010710 | $0.000136 | $0.00016410 |
July | $0.00009098 | $0.000108 | $0.00012410 |
August | $0.00007586 | $0.000091 | $0.00010710 |
September | $0.00007220 | $0.000084 | $0.00009533 |
October | $0.00007428 | $0.000082 | $0.00008904 |
November | $0.00007495 | $0.000080 | $0.00008545 |
December | $0.00006855 | $0.000076 | $0.00008384 |
Shiba Inu Price Prediction 2030
Yearly highs and lows for Shiba Inu projections 2030 could be $0.00015810 and $0.00007149, respectively. The community can expect the price to average at $0.00005828. It still keeps the target of $0.1 on the horizon.
Month | Minimum Price | Average Price | Maximum Price |
January | $0.00005195 | $0.000058 | $0.00006363 |
February | $0.00004660 | $0.000050 | $0.00005406 |
March | $0.00005095 | $0.000053 | $0.00005575 |
April | $0.00005378 | $0.000058 | $0.00006282 |
May | $0.00005318 | $0.000056 | $0.00005816 |
June | $0.00005110 | $0.000052 | $0.00005373 |
July | $0.00005043 | $0.000053 | $0.00005618 |
August | $0.00004808 | $0.000049 | $0.00005008 |
September | $0.00004714 | $0.000048 | $0.00004959 |
October | $0.00004794 | $0.000051 | $0.00005496 |
November | $0.00005406 | $0.000057 | $0.00006005 |
December | $0.00005114 | $0.000054 | $0.00005597 |
Historical Analysis of Shibu Inu
Explore the full price history of Shiba Inu with our comprehensive price data page. The chart presents Shiba Inu’s (SHIB) price history against the US Dollar (USD) on the Bitstamp exchange, spanning all time.
Key Observations:
Downward Trend: The overall price trend of SHIB is downward during the displayed period.
Volatility: The price has experienced significant fluctuations with both upward and downward spikes.
High and Low: The highest price point (High) is indicated at $0.00004747 USD, while the lowest (Low) is at $0.00000578 USD.
Trading Volume: The volume of SHIB traded, represented by the green and red bars, varies significantly throughout the chart.
The chart indicates that SHIB has been in relatively volatile market conditions with a general downward trend over the past month. The price has experienced several rallies, but corrections have followed these. The trading volume suggests increased interest and activity in the SHIB market.
Technical Analysis for Shiba Inu
The chart indicates that SHIB has been in a relatively volatile market condition with a general downward trend. The price has experienced several rallies, but these have been followed by corrections. The trading volume suggests periods of increased interest and activity in the SHIB market.
Is Now the Time To Buy, Sell, Or Hold Shiba Inu?
Buying the dip is a natural course of action; however, it is hard to identify the low for SHIB at the moment. Given the speculation, one can consider adding Shiba Inu to their portfolios. An ideal way is to do a thorough research and risk assessment before allocating funds to SHIB, or any other cryptocurrency for that matter.
Also, it will depend on the nature of the trade one wants to execute. Short-term trades may not be as expected but long-term trades may fetch decent profits.
Factors Influencing Shiba Inu Price
Several factors that influence the shiba inu price includes:
- Macro Trends
- Meme Coins
- Clarity in regulatory compliance
- Recognition by relevant authorities
- Overall sentiment towards the crypto market
- Decision to cut rates by the Federal Reserve
Also, meme coins are not always taken as seriously as other altcoins are taken. Meme coins are majorly influenced by trends that are evident on social media like X, Facebook, and Reddit, among others.
Conclusion
Despite its popularity and huge market capitalization, Shiba Inu (SHIB) faces a bearish market sentiment. Shiba Inu has already shown growth potential; however, its recent performance points to a decreasing trend. Even while short-term forecasts indicate that prices might rise by August 12, 2024, the condition of the market as a whole is complex. Before making any investment decisions, investors must approach SHIB cautiously and thoroughly investigate the company. The market for cryptocurrencies is quite volatile , and major fluctuations in the value of meme currencies like Shiba Inu can occur.
FAQs
Will Shiba Inu reach 1 cent by 2025?
Shiba Inu can reach $0.1 by 2025. If all factors align favorably, the target can be achieved earlier.
Will Shiba Inu reach $1 in 2030?
The milestone of $1 in 2030 is not in sight soon; however, it could still happen one day. Sustaining the ongoing momentum makes it difficult for SHIB to capture that mark anytime soon.
What will Shiba be worth in 2030?
According to our predictions, the Shiba Inu price target in 2030 could reach up to $0.00008908, with yearly highs and lows of $0.00015810 and $0.00002006, respectively.
How much Shiba Inu will be worth in 2035?
According to our analysis, the price of a Shiba Inu in 2035 should range between $0.000082 and $0.00012, with an average price of around $0.0001.
Does the Shiba Inu coin have a future?
Its future is uncertain and depends on community support along with other factors like support from the crypto market.
Is it profitable to invest in Shiba Inu?
Shiba Inu prices are expected to rise in the future, making them a good investment. However, it is still recommended to do thorough research and risk assessment before investing in crypto.
What is Shiba Inu’s 14-day RSI, and what does it indicate?
The 14-day RSI of Shiba Inu is 62.53. Changes have been on a broader range. It indicates the time to buy and a bull run to come.
What is Shiba Inu’s 50-day SMA, and what does it indicate?
The 50-day SMA of SHIB is $0.00004317. It means that the current value is lower than it should be. The 50-day SMA also goes on to indicate that a bull run is expected.