Most analyst projections place Shiba Inu anywhere between $0.0006 short term and $0.01 long term. Personally, I believe it has a good chance of hitting $1 by 2030. Someone might look at this and think, that’s a ridiculous projection. Fair enough!
However, in this article, I will break down the math and show you that $1 Shiba Inu price in just nine years is within reach.
Unlike the likes of Bitcoin that have data running for a decade, Shiba Inu is only 1.4 months old. Between launch and April this year, it rallied by 21,818,081%. While it dipped shortly after, it has rallied by about 1100% in the past month.
Taking an even broader look at its price, Shiba Inu is up by 48,484,748% since its launch. This means it has grown by an average rate of 3,463,196.32% per month over the last 14 months.
That said, I expect Shiba Inu’s price appreciation will slow down over time. That’s because as its price goes up, the hype factor around it will only go down. There will also be cheaper, more hyped coins taking up a chunk of the money.
However, with its fast-growing community and expanding adoption, Shiba Inu is likely to keep growing at a more exponential rate going into the future.
Recent Shiba Inu History
Between August and its all-time high at $0.00008 in October this year, Shiba Inu gained by 470,166%. However, like all cryptos, it has had its fair share of volatility. For instance, between April and September this year, it went down by about 90%. However, it has since regained upside momentum, and in October went up by 1100%.
With the crypto market strongly bullish at the moment, there is a good chance that Shiba Inu could end the year even higher than where it is today. However, even if it were to close the year where it is today, it has still made investors money.
If Shiba Inu were to grow at an annual growth rate of 332,652% per year, it would be trading at about $1 by 2025. However, it is unrealistic to expect such a growth rate over 10-years. The growth should gradually ease up over time.
Let’s now take a more conservative price analysis up to 2030.
Check Out: Shiba Inu Price Predictions
Shina Inu Price Analysis Using A Basic Linear-Slowdown Model
For this analysis, we will assume that Shiba Inu trades at $0.0000539 until the end of the year. There's only a month left until the end of the year, so this is not an unrealistic expectation.
Shiba Inu has grown by 48,484,748% for the last 1.4 years. However, to have an analysis that is as realistic as possible, let’s assume that it slows down from 500% to 50% each subsequent year for the coming nine years.
| Year | Increase In Value | SHIB Price Prediction |
|---|---|---|
| 2021 | $0.0000539 | |
| 2022 | 500% | $0.0003234 |
| 2023 | 450% | $0.0017787 |
| 2024 | 400% | $0.0088935 |
| 2025 | 350% | $0.03996675 |
| 2026 | 300% | $0.159867 |
| 2027 | 250% | $0.553545 |
| 2028 | 200% | $1.66060614 |
| 2029 | 100% | $3.3212 |
| 2030 | 50% | $4.98 |
From this model, Shiba Inu would hit $1 by 2028. From the above percentages, it is also clear that the potential percentage increases every year are pretty realistic. For crypto that has gained by over 28,000,000% in just over a year, a growth of 500% next year is plausible. It is even more possible for it to grow by 50% a year in 2030 and beyond.
That said, this is a very basic model. You can always expect that the price may vary from these projections by a wide margin. However, it highlights Shiba Inu’s potential and how much higher it can go between now and 2030.
The model takes into consideration the fact that growth will slow down quite significantly as the price increases.
This model is a good indicator that we can expect Shiba Inu to be trading at several dollars a token going into the 2030s.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
A More Realistic Shiba Inu Price Estimate Model
The above model is linear and assumes a constant rate of growth. Let’s now put into consideration real-world issues that could push Shiba Inu to over $1 by 2030.
2021 - $0.0000539 – This model assumes that after the recent 1000% gains, Shiba Inu is likely to trade around the $0.00005 price level for the rest of the year. It is an assumption that is also based on the fact that the year is almost over. It is now less than 60-days to the end of the year, and if Shiba Inu’s current price action is anything to go by, then Shiba Inu could trade at prevailing prices all through.
2022 – 1000% - $0.0005929 – Shiba Inu has proven that it can outperform the market by a huge margin in bull markets. The assumption of a 1000% increase in Shiba Inu’s price by 2022 is based on the idea that Bitcoin will be bullish in 2022. Signs for such a scenario are already there, with Bitcoin now holding firmly above $65k. There is also a lot of hype building around Shiba Inu at the moment. For instance, there is an ongoing petition for Shiba Inu to be listed on Robinhood. There is also the fact that Shiba Inu adoption is on the rise. Expectations are high that as the hype builds up and more people know Shiba Inu, its adoption will rise, further adding to the price momentum. If the market is bullish in 2022, it could be a good year for Shiba Inu investors.
2023 – 50% - 0.00088935 - If past bull markets are anything to go by, then 2023 may not have much action for crypto. That’s because the key trigger to this bull market, as with previous bull runs, is the Bitcoin halving. The market tends to peak around 1.5 years after a Bitcoin halving. In this case, the market is expected to peak in 2022. After that, things could slow down. While there will be growth due to the increased adoption of cryptocurrencies, growth is likely to be insignificant, at least by crypto standards.
2024 – 20,000% - $0.17875935 - This is the year that the next Bitcoin halving takes place. This halving will shrink Bitcoin block rewards to just 3.125 per block. Analysts believe that this halving could push Bitcoin to over $500k. For Shiba Inu, this could be the year it comes really close to $1. Its parabolic gains will be driven by several easy to predict factors. For starters, many more people will have heard of cryptocurrencies by 2024 and will be looking to get into the game. However, Bitcoin and Ethereum will already be out of reach for small-time investors by that time. They are already getting out of reach to many at this point. For instance, if Bitcoin were to hit $500k by 2024, even a $1000 investment in BTC would not make much sense. The potential upside would be insignificant, and the network fee would eat into most of the investment. Small investors would have to turn to cheap altcoins, and Shiba, one of those at the top, is likely to draw lots of investments. Shiba Inu’s deflationary nature is also likely to play a role in its potential for mega returns after the 2024 Bitcoin halving.
2025 – 110% - $0.37539463 – The Bitcoin halving hype could peak in 2025. This will keep the crypto market overall bullish. For cryptos like Shiba Inu that will have rallied heavily a year earlier, late entrant investors could FOMO in, further pushing the price higher by over 100%.
2026 – 20% - $0.45 – After the hype-driven by Bitcoin halving, the market could slow down in 2026. However, due to the growing uptake of cryptocurrencies, the market could experience some growth. This could see cryptos like SHIB that are already highly popular at this time record some growth.
2027 – (-30%) - $0.31 – Like all years in-between Bitcoin halvings, this could be a slow year for crypto. For those that have already recorded parabolic growth like SHIB, they could experience some contraction. However, the correction may be minimal due to Shiba Inu’s growing adoption and decreasing supply.
2028 – 150% - 0.7825 – This is the year for the next Bitcoin halving. At this point, the Bitcoin halving may not have that much of an impact, but it will still be significant. At this point, Shib is serious crypto with high levels of adoption. This will see it outperform Bitcoin and other large cryptos that will be pretty much be trading at very high prices at this point.
2029 – 50% - $1.17375 – In this year, the spillover of the 2028 halving sustains the crypto market. With Shib adoption growing, coupled with its declining supply, a 50% increase in value would be plausible.
2030 – 10% - $1.291125 - At this point, crypto mass adoption has been achieved, and the hype is gone. Having been around for a decade, growing adoption and the burn rate could see SHIB gain by 10% a year going into the 2030s.
We can see that SHIB at $1 by 2030 is achievable in the simple linear model. The growth rates discussed here are also in no way unachievable for a highly hyped meme coin like SHIB.
Shiba Inu Has Lots Of Growth Potential Ahead
Shiba Inu has a lot of growth potential despite rising by over 28,000,000% in the past 1.4 years. While $1 may seem crazy at first, it quickly starts making sense when you run down the numbers.
Shiba Inu is quickly becoming the crypto of choice for investors who want big gains but don’t have much money in investable capital. This is likely to play into the demand dynamics of this crypto going into the 2030s.
As such, now is the best time to buy when it still has a lot of zeros after the decimal. You don’t want to wait until it hits $1, or close by, to jump in. By that time, the risk-reward may not be in your favour.
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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Read More:
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