Shiba Inu Token (SHIB) Price Forecast for 2022, 2023, 2024, 2025, 2030

Shiba price forecast


For the past few weeks, it seems that all crypto investors are talking about the Shiba Inu token (SHIBA) while the financial media is writing a lot about it. What is known about this cryptocurrency and why is it called “the Dogecoin killer”? In this article, we try to fully represent the current position of the new cryptocurrency in the market and what the future holds for it.

Shiba Inu price today

What is the Shiba Inu Coin?

Shiba Inu (SHIB) is a token within the Shiba Inu ecosystem. This decentralized meme token was created in August 2020 by Ryoshi – an anonymous person or group of people. Since the Shiba Inu coin hit the cryptocurrency market, it has been compared to the DOGE coin, but in reality they have nothing in common except that they are both meme coins and an occasional endorsement of Elon Musk. The project even parodies Dogecoin using Shiba Inu dog, but SHIB’s developers aim to solve serious, real-world problems.

SHIB was released on the Ethereum blockchain as an ERC-20 token with a total supply of one quadrillion coins. Before launch, developers transferred half of the digital coins to the Uniswap DEX and destroyed the keys. The other half of the coins were handed over to Ethereum founder Vitalik Buterin. He burned 90% of the SHIB tokens by sending them to a non-existent address. In total, Buterin destroyed 410 trillion tokens worth $6.5 billion. The creators of the project had the following explanation:

Shiba Inu was the first project to follow this path. Everyone should buy coins in the open market, and ensure fair and complete distribution, in which developers not possess the tokens and cannot dump them into the community.

In 2020, Buterin transferred more than 50 trillion Shiba Inu tokens to the India COVID-Crypto Relief fund. At the time of the transaction, they were worth approximately $1.14 billion. He also pledged to donate the remaining Shiba Inu tokens to charity, but this time to support longer-term initiatives.

As the project grows, the creators of Shiba Inu (SHIB) want to make it a full-fledged decentralized ecosystem and transfer 100% of the rights to the community to manage the protocol without a governing body.

The Shiba Inu price history had a perfect start – in a few weeks of its existence, the price rose by 27,000%. In percentage terms, it was an excellent performance for the Shiba coin, but it is important to mention that the token price did not even reach a tenth of a cent.

According to data from CoinMarketCap, the price of Shiba Inu hit its all-time high of $0.00008 on Oct. 27. This happened after SHIB was listed on several exchanges. SHIB also met the launch of its own line of non-fungible Shiboshi NFT tokens. On the same day, SHIB’s market cap hit an all-time high of over $34.29 billion. At the time of writing, the Shiba Inu coin price is around $0.000039, and the digital coin is at #13 with a market cap of over $20 billion.

The SHIB token is available on several major exchanges: Binance, Coinbase, FTX, OKEx, and WazirX. The ecosystem also hosts a decentralized exchange called Shiba Swap, launched at the same time as the original Shiba token. But the most convenient and by far the most popular way to buy SHIB is through the Binance Exchange. This is a two step crypto-to-crypto transfer where you need to exchange another coin for Binance Smart Chain and then for Shiba Inu cryptocurrency. However, one of the most convenient and safest ways to buy SHIB is to purchase tokens on the Changelly PRO trading platform.

It is important to mention that our team at Changelly and Changelly PRO strive to keep our platform up to date and provide users with the latest offerings in the crypto market. Therefore, you will receive the latest updates on the value of Shiba Inu and you can seamlessly exchange the Shiba token for more than 200 cryptocurrencies available on instant crypto exchange Changelly. Another great addition is that you can also trade SHIB for BTC on our fully featured cryptocurrency exchange, Changelly PRO.

Shiba Inu (SHIB) Market Forecasts

As we mentioned, the world started seeing headlines like “Shiba Inu Price Prediction 2022” calling it a good investment after SHIB joined Binance. So, what has changed in Shiba Inu’s price forecast at the beginning of January 2022?

Shiba Inu’s price dynamics have been crazy this year. The SHIB coin shot up in a very short space of time in May. However, she failed to maintain her position. But then came June; the coin made headlines again.

If you want to trade Shiba Inu (SHIB) at the highest price, it might not be too late. From year to year, let’s go through Shiba Inu’s price predictions to determine whether now is still a good time to buy or sell this “Dogecoin killer”.

Shiba Inu Price Forecast for 2022

After the Shiba Inu coin rose in price in 2021, the meme coin fell more than 60% from its high in October last year. Despite this fact, the experts at Wallet Investor believe that the coin is giving bullish signals for 2022 and may even reach its past ATH.

Several large “whales” have recently bought SHIB coins, taking advantage of the price drop. The interest of the holders of the coin may indicate a price increase in the future.

Shiba Inu Price Forecast for January-June 2022

At the beginning of 2022, the price of Shiba Inu is likely to show an upward trend due to the possible listing of the coin on the Robinhood exchange. In addition, the increasing attention of “whales” may positively affect the value of SHIB in January 2022.

According to Digital Coin Price’s Shiba Inu forecast, the future price could reach $0.000067 by the end of January. By June, the price of the SHIB coin could hit $0.000083. According to Wallet Investor, the long-term profit potential is +141.59% in a year. It looks like the Shiba Inu coin could be a good investment in 2022.

Shiba Inu price forecast for the end of 2022

The Shiba Inu forecast for the second half of 2022 is similar to what we just discussed, minus the big spike. The average value for the Shiba Inu coin can be around $0.00006. By the end of 2022, Shiba Inu may already be growing in the vibrant ecosystem it is pursuing. According to their roadmap, 2022 is also the time when they plan to launch the Shiba Inu Incubator and the Shiba Inu Reward System. According to Wallet Investor, the long-term profit potential is +136.70% in a year. It looks like the Shiba Inu coin could be a good investment in 2022.

Shiba Inu Price Forecast for 2023

For our Shiba Inu 2023 forecast, we’ll be looking at data presented by Gov Capital. This source is very optimistic and predicts a positive trend throughout the year.

In fact, the price of Shiba Inu could make a huge bull run, reaching $0.000173-$0.000223 by the middle of the year and an impressive ~$0.00041 by the end of 2023.

It is vital to understand that the price of this and any other cryptocurrency is extremely volatile and is not always influenced by unpredictable factors, such as Elon Musk’s tweets or the appearance of new coins. Please always do your own research before investing in cryptocurrencies.

Shiba Inu Price Forecast for 2025

Experts at the Digital Coin Price portal are confident in the further growth of the Shiba Inu coin. While it is not exactly the same bullish trend as in Gov Capital’s Shiba Inu forecast, the expected performance looks great.

In 2025, the price of Shiba Inu (SHIB) could be $0.000535, and according to some analysts the bull run could lead to $0.000727.

Shiba Inu Price Forecast in 5 Years

According to price forecasting analysts, the price of Shiba tokens is expected to rise continuously over the next 5 years. According to a Shiba Inu forecast for 2027, the high for the year will be $0.000136 in December.

Shiba Inu Price Forecast for 2030

Many Shiba Inu cryptocurrency market analysts do not make long-term forecasts because there are many unpredictable factors that can affect the price of Shiba Inu in the long run. However, it is still possible to make a 2030 Shiba Inu price forecast; you just have to take it with a little skepticism.

According to a price prediction of Shiba Inu by Coin Price Forecast, the price of the token could be $0.00070917 (+1.787% of the current price), while trading education estimates that SHIB will reach $0.002736 by December 2030. At that point, Shiba Inu’s market cap must be at least $50 billion.

Should You Buy Shiba Inu Coin?

According to the Shiba Inu price predictions that we analyzed, it could be a good investment. The growth potential for the coming years is above 100%. However, it is better to buy Shiba Inu in moderate quantities as the project has not yet established its real value.

Please note that information about the Shiba Inu coin is provided for informational purposes only. It’s helpful to know an estimated SHIB price, but as with any coin, you’ll need to do your own analysis of the price action. Before making any investment decisions, you should always do your own research beyond just looking at the Shiba Inu forecast.

In addition to the original token, the Shiba Inu ecosystem also hosts LEASH and BONE, which you can purchase from the official website. Make sure you have enough information about these coins as they are much less known than Shiba Inu.

Will the price of the Shiba Inu coin reach 1 dollar?

If Shiba Inu (SHIB) maintains its current level of growth, it will not be able to reach $1 for the foreseeable future. Our Shiba Inu price forecast has a more realistic outlook. But even without $1, you can buy Shiba Inu and consider it a fantastic investment opportunity.

But when you are in the crypto market, never say never in a price prediction. Who knows if Elon Musk will post another promotional Tweet for his favorite meme coin and if Shiba tokens will see huge profits soon after. However, what is more realistic is that Shiba Inu is taking over Dogecoin. Shiba Inu has the advantage of having a lower supply.

Is Shiba Inu Coin Real?

There is no doubt that the Shiba Inu coin is genuine and can be traded. If you want to get SHIBA, the best place to get it is a direct cryptocurrency exchange Changelly, which allows you to exchange SHIBA to a wide range of 200+ cryptocurrencies. Feel free to contact our Support Center if you have any questions!

Disclaimer: Please note that the contents of this article are not financial or investment advice. The information contained in this article is the opinion of the author only and should not be regarded as offering any trade or investment recommendations. We make no guarantees about the completeness, reliability or accuracy of this information. The cryptocurrency market suffers from high volatility and occasional random movements. Any investor, trader or regular crypto users should research multiple points of view and be familiar with all local regulations before making any investment.

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