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    Categories: Shiba Inu

Shiba Inu (SHIB) Price Prediction From 2024-2030

Shiba Inu is a popular dog-themed meme coin, ranked second in its category with a market cap of over $9.94 billion. Known as the “Dogecoin killer,” Shiba Inu aims to benefit its community rather than just providing entertainment. SHIB is an ERC-20 token secured by Proof of Work consensus. Its main features include ShibaSwap, Shiboshis, and the Shiba Inu Incubator.

It is currently listed at $0.00001684, down by 7.27% in the last 24 hours. Speculation is that it could end the year on a higher note. The article takes this aspect into detail and crafts its way to present the Shiba price prediction for the coming years to 2030.

Price – Prediction

Year Yearly Low Average Price Yearly High
2025 0.010116 0.010147 $0.010178460
2026 0.010118 0.010127 $0.010136040
2027 0.010116 0.010120 $0.010124010
2028 0.010117 0.010134 $0.010151060
2029 0.010120 0.010192 $0.010263000
2030 0.010124 0.010145 $0.010166410

Shiba Inu Coin Price Prediction 2025

SHIB is likely to make a good impression in the next year. It is expected to summarize the timeline with an average value of $0.010147. Yearly lows and yearly highs are predicted to be around $0.010116 and $0.010178, 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.

Shiba Inu Coin Price Prediction 2026

The year is likely to sustain the growth that SHIB achieves in 2025. The yearly average is speculated to hover around $0.010127 with lows and highs of $0.010118 and $0.010136, respectively. This showcases that the growth in 2025 would suffice for two years, or changes could be less than significant.

Shiba Inu Coin Price Prediction 2027

Shiba Inu is potentially looking at 2027 as another year of a bull run. The average token value comes to around $0.010120 with lows and highs at $0.010116 and $0.010124, in the same order. Shiba Inu coin 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.

Shiba Inu Coin Price Prediction 2028

Enthusiasts within the ecosystem of Shiba Inu speculate the arrival of meme coin’s ETF at the earliest. Approval of Spot Ether ETF would be significant in showcasing the road ahead. Shiba Inu price prediction without that scenario in the picture brings the average to $0.010134 with highs and lows of $0.010151 and $0.010117 respectively. It also remains to be seen how well the utility of SHIB expands in the next 3-5 years.

Shiba Inu Coin Price Prediction 2029

A continuation of the sentiment from the previous year will bring an average of $0.010192. Yearly highs and lows could be around $0.010263 and $0.010120, applicable in the same order. SHIB will remain closer to achieving the target of 1 cent by the end of this year, that is 2030.

Shiba Inu Coin Price Prediction 2030

Yearly highs and lows for SHIB in 2030 could be $0.010166 and $0.010126, respectively. The community can expect the price to average at $0.010145. It still keeps the target of $0.1 on the horizon.

Shiba Inu Price History

SHIB exchanged hands at the highest value of $0.00007489 on October 30, 2021. A new ATH has, since then, been pending. It is interesting to note that Shib Inu has barely come closer to that value. Near-term predictions now estimate the token to take at least 30 days to make a move in that direction. Chances are less that it would do so by the end of the next 30 days; however, yearly predictions don’t negate that possibility.

The next five days could see Shiba Inu at $0.00003882 and the monthly decline could be 5.05% from the current value.

The last 7 days have been reddish with a decline of 15.60%. This momentum has carried forward to the last 24 hours with a drop of 6.90% at the press time. The token value was $0.00001807 and has dropped within 24 hours to $0.0000168. The last 7 days have been less profitable than expected.

Technical Analysis Of Shiba Inu Price

Shiba Inu price today is trading at $0.00001726 with a 24-hour volume of $1,850,183,632. The market capitalization of the Shiba coin is $29,87,70,000.

Is Now The Time To Buy, Sell, Or Hold SHIB?

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 coin 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 Price

Several factors affect shiba coin price. Key factors include the overall sentiment towards the crypto market, macro trends, the decision to cut rates by the Federal Reserve, recognition by relevant authorities, and clarity in regulatory compliance. 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.

Shiba Inu (SHIB) Price Prediction: Key Highlights

The market sentiment is bearish at the moment but there is potential for a bull run in the times to come. The Fear & Greed Index has given 51 points to SHIP amid the volatility of 12.94%. There could be several fluctuations before Shiba Inu hits a stable floor.

A primary support level is at $0.000007 and the highest resistance level is $0.000053.

Predictions state that SHIB may eventually breach the mark of $0.1 in 2035. Bulls are seen getting weaker in June 2024. A rise in BTC and ETH, or a revival of interest in altcoins could fuel the surge.

Shiba Inu Price Prediction FAQ

Will Shiba Inu reach $1?

The milestone of $1 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.

Will Shiba Inu reach 1 cent?

Shiba Inu can reach $0.1 but by 2035. The target can be achieved earlier provided all factors align favorably.

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.

What is the current Shiba Inu sentiment?

The current sentiment is bearish for Shiba Inu (SHIB).

Is it profitable to invest in Shiba Inu?

Shiba Inu is expected to rise in the future. So, it should be a good investment. It is still recommended to do thorough research and risk assessment before investing in crypto.

What is Shiba Inu’s 50-day SMA and what does it indicate?

The 50-day SMA of SHIB is $0.00002320. 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.

What is Shiba Inu’s 200-day SMA and what does it indicate?

The 200-day SMA of SHIB is $0.00001866. It establishes that SHIB is undervalued. Hence, indicating an uptrend in the next few days.

What is Shiba Inu’s 14-day RSI and what does it indicate?

The 14-day RSI of Shiba Inu is 27.35. Changes have been on a broader range. It indicates the time to buy and a bull run to come.

Ronald Cribbs: Ronald Cribbs is a reporter who has studied in Journalism and previously worked as a freelance reporter in well-known publications and financial news websites. He is regularly going for the interview with leading industry players of crypto space. He has been following cryptocurrencies since 2012.