Cryptocurrency Price Prediction

Shiba Inu Price Prediction 2023 – 2025: Will SHIB collapse in 2023?

Author: Elena R

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Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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The year is 2013 when the crypto-verse is still getting started. So how would one even know that years down the line, a Dog-based meme cryptocurrency could return millions in gains for investors?! Dogecoin price is one such example.

Successively, Shib token with its heroic run from the fourth quarter of 2021 and escalating dominance. Has been still earning prominence in the industry. Investors and traders are still keen on Shiba Inu price prediction, as the team will be venturing into a host of new-age applications.

The major one being its Metaverse, wherefore the business is dwelling on wild conjectures, over SHIB price prediction. Successively, novices seek answers to Shiba Inu price prediction for 2040 and Shiba Inu coin price prediction for 2050. Which, however, is practically not possible. That said, buckle up, as we take you on a drive-through of the SHIB price prediction for 2022, 2023 – 2025 and beyond.

Overview

CryptocurrencyShiba Inu
TokenSHIB
Price$ 0.0000
Market cap$ 0.0000
Circulating Supply 0.0000
Trading Volume $ 0.0000
All-time high$ 0.0000 Jan 1, 1970
All-time low$ 0.0000 Jan 1, 1970

Shiba Inu Price Prediction

Shiba Inu token is a decentralized cryptocurrency created in August 2020 by an anonymous person or group known as Ryoshi. Shiba Inu was created in August 2020, dubbing itself the ‘Dogecoin killer’. It is named after the Shiba INU, a Japanese breed of dog originating in the Chubu region, the same breed that is depicted in Dogecoin’s symbol, itself originally a satirical cryptocurrency based on the Doge meme. Serum price being one of the prime competitor to Shiba Inu.

SHIB Price Prediction For December 2022

Source: Trading View

The road ahead seems to be dark for Shiba Inu price, as metrics suggest netizens are moving away from the meme coin. According to the analysis by Lunar Crush, the social engagement of Shiba Inu is down by 18.3%, while mentions across social platforms have dropped by 11.7%. Successively, depleting numbers could pose a threat to SHIB, which might drop to $0.000012. 

However, the canine coin continues to remain the favorite of the top 1000 Ethereum whales. Big money investors could stock up on more SHIB amid the growing volume of Shiboshis. In such a case, the Shiba INU price could hit a maximum of $0.00001692. Considering the bullish and bearish targets, the average price might be $0.00001550. 

SHIBA Price Prediction For 2023

As the bearish trends continue not much can be expected from the market. The industry may take some time to recover from this trend. Many analysts consider a huge crypto winter is yet to arrive in the near future, whereas some say good days await the corner for the investors.

If SHIB price ends its trade for 2022 on a bullish note and carries forward its legacy. With further impetus from initiatives such as DAO, Shiba Inu game, and NFTs, the price could breach the target of $0.00002962. At the same time, usual buying and selling pressures could take the price to $0.00001786. Finally, bearish trends could leave the price at $0.00001520.

Shiba Inu Forecast For 2024

The growing acceptance by retail and luxury brands, could make way for global recognition and the influx of elite customers. Successively, the spike in influence is evident, as presently whales hold the lion’s share, followed by retail, and lastly by investors. That said, the volume assisted by retailers has been on a steady rise. 

Consequently, with an increase in buy orders, the price of SHIB could attain a pricier tag of $0.00004998. On the other hand, depleting stance of SHIB and lack of volumes could haunt the price down to $0.00002581. Considering the bullish and bearish targets the average price might find its base at $0.00003756. 

Shiba Inu Coin Price Prediction 2025

If the visionary developments of the makers fall in place. And if Shib emerges as an eminent player in the metaverse, which is expected to boom over the years, SHIB price could land at $0.00008950. That said, if the community drives the price with usual buying and selling pressures, SHIB could trade at an average price of $0.00006565.


On the downside, if the investors fail to keep up with the liquidity of the digital asset on exchanges. Then, FUD and negative sentiments might lower the price to $0.00004390.

CoinPedia’s Shiba Inu Price Prediction

It is to stress that Shiba inu price prediction is currently down over 87% from its ATH of $0.00008845. However, according to Coinpedia’s formulated Shiba Inu price prediction. If the bulls barge in, then SHIB might hit feasible highs of $0.000017 by the end of 2022.

On the downside, if the meme coin falls prey to bearish trends led by massive liquidations. The price could entangle into a bearish hook and hit the bottoms at $0.0000115.

Market Analysis

Firm Name2022202320242025
Wallet Investor $0.000000795$0.000000557$0.000000396$0.000000225
Digital Coin Price$0.0000107$0.0000220$0.0000302$0.0000393
Trading Beasts$0.0000122$0.0000100$0.0000150$0.0000184

What Is Shiba Inu (SHIB)?

SHIB is the native and the first token of the Shiba Inu ecosystem, which is powered by the Ethereum blockchain. Unlike its rival Dogecoin, which employs a tech similar to that of Bitcoin. The tokens are ERC-20s, which facilitate easier transactions.

Built for fun, this meme coin is now spreading its wings towards utility, with “n” number of initiatives. Such as its DEX dexshibaswap, Shiberse, and Shiboshis NFTs, amongst others. In addition, the fraternity is now expecting an announcement around Shiberse, which could bring impetus to the price action of SHIB.

Company Details

shibatoken

  • Coin / Token

Shiba Inu is a decentralized meme coin that is now evolving into a vibrant ecosystem with diverse applications. The meme coin aims to be the Ethereum-based asset to emerge as the doge killer. Shiba Inu was created by its anonymous creator(s) Ryoshi. The platform’s native token, SHIB, is an ERC-20 token that was the first to be listed on Shiba Inu’s DEX, "ShibaSwap." SHIB, apart from being the foundational digital currency of the ecosystem. It is accepted by a number of renowned brands and organizations.   The Shiba Inu ecosystem also houses two other tokens, namely LEASH and BONE. LEASH is the second token to be incentivized on ShibaSwap. DOGGY DAO is a governance token that will allow the Shib Army to vote on proposals on DOGGY DAO. The Shiba Inu team has been proactive in expanding the ecosystem with a number of applications. The project, which was once started as a meme coin, has now traversed to its own DEX, Shiba Swap. The ecosystem is home to other notable projects such as DOGGY DAO, its own NFT-powered metaverse “Shiberse”, and L-2 protocol Shibarium. The firm is optimistic about the initiatives collectively empowering its tokens.

Fundamental Analysis

Following SHIB, the network enlisted the next token, called LEASH. Kickstarting as a Rebase token, the network quickly flipped into a fungible form like the former token. Unleashing the token, the keys were burnt, and currently, the token has a fixed supply of 100k. Anyone who keeps up the liquidity of the currency will receive special rewards, says the network! 

Being in the market as a developing project, the network is highly secure as Ethereum powers it. With Ethereum planning to switch from PoW to the PoS consensus mechanism, we can expect Shiba Inu to have a part of the favours from this transition! The altcoin is listed on eminent exchanges like coinbase Pro, binance, kucoin, wazirxindia, and uniswap, amongst others.

Shiba Inu Historical Market Sentiments

2020 and 2021

The meme coin was found in August 2020, but remained negligible until April 2021. Following its listing by notable exchanges, the price surged to $0.000038 by the 19th of May 2021.  After vitalikbuterin released a part of his tokens to the Covid-19 relief fund, the price of SHIB dropped to $0.000018. 

Later, as the bulls outgrew the bears, the canine token hit its new ATH of $0.0000388 on May 10th. Post the listing on Coinbase, SHIB rose an astonishing 1216% to hit its ATH. That said, the annual trade was closed at $0.0000330. 

FAQs

How high will Shiba Inu go in 2025?

By 2025, our price prediction forecasts that Shiba Inu (SHIB) could be worth $0.000044

How much will Shiba be in 5 years?

As per the Shiba Inu price forecast, Shiba Inu’s price may trade at an average of $0.0000404 for the year 2026.

Is Shiba Inu good for future?

Shiba Inu became one of the best-performing cryptocurrencies ever created, going up by over 48,000,000% by the end of 2021.

How high Shiba Inu can go?

If the impact of the last halving is anything to go by, Shiba (SHIB) could easily rally to over $0.01 in 2024.

Can Shiba Inu reach .001 cent?

Shiba Inu stands as one of history’s most explosive investment assets. Hitting the price of $0.01 per token looks highly unlikely, but not impossible.

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Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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