Shiba Inu Price Prediction

Buy Shiba Inu Now

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Last Updated April 26th 2023
20 Min Read

It’s probably fair to say that Shiba Inu has been one of cryptocurrency’s most unlikely success stories. The coin started out as little more than a copycat of the world’s biggest meme coin, DOGE, but has since blossomed into a complete DeFi ecosystem that has attracted much attention in recent months. 

This guide will discuss our Shiba Inu price prediction for both the short and long term, touching on the coin’s utility, its future potential, and where you can invest in SHIB today – with low trading fees.

Shiba Inu Price Prediction - Summary

At the time of writing, the Shiba Inu price today is below $0.000012677 due to a sustained downtrend over the past few months and a dramatic crash in recent months. To help provide an overview of SHIB’s long-term outlook, presented below is our price forecast for the years ahead:

  • End of 2023 Once the Shiba Inu stock price begins a bull run, it can sustain itself for weeks and even months. With the next bull run, Shiba Inu could test new highs and trade at $0.0000186 by the end of 2023.
  • End of 2024 As the leading meme coin starts to gain momentum and the project continues to expand, SHIB could continue growing next year. The increasing mass adoption could help the Shiba Inu price prediction reach a peak of $0.0000210 by the end of 2024.
  • End of 2025 Although some of the best alternative crypto assets may develop better projects than Shiba Inu over the coming years, this meme crypto should retain its ranking due to its name status. Due to this, our Shiba Inu forecast estimates the meme coin could reach a peak value of $0.0000289 by the end of 2025.
  • End of 2030 With the rate of crypto adoption showing no signs of slowing, there’s scope for Shiba Inu to become more widely accepted and the expanding Shiba Inu ecosystem can push Shiba price prediction to further highs of up to $0.00017 in 2030. Some SHIB bulls even predict a $0.00040 in the future.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

SHIB Overview

Cryptocurrency Shiba Inu
Ticker Symbol SHIB
Rank 18
Price $0.000008449587595321153
Price Change 24h 1.38%
Price Change 7d -1.23%
Market cap $4,979,738,379.21
Circulating Supply 589,346,914,631,298.1
Trading Volume $96,203,799.63

Shiba Inu Price History

Analyzing the past performance of a cryptocurrency is one of the most important steps to take if you’re looking for the top cryptos to invest in, so let’s take a look at how the price of Shiba Inu SHIB has changed in the past. CoinMarketCap first started tracking the price of Shiba Inu on the 2nd of August 2020.

What price did Shiba Inu start?: The earliest confirmed price of Shiba Inu was $0.00000000051 on the 2nd of August 2020.

What is Shiba Inu’s highest price?: $0.00008845, reached on the 28th of October 2021.

What is Shiba Inu’s lowest price?: On the 1st of September 2020, SHIB reached its all-time low of $0.000000000082.

In 2022, Shiba Inu started the year at $0.00003342 and ended 2022 at $0.000008051. Though these prices are incredibly low, the amount in which SHIB increased since its launch is enormous.

Shiba Inu Price Chart

shiba inu price chart, Shiba Inu price predictions

Shiba Inu SHIB/USD price chart. Source: Coinmarketcap

Asking yourself big questions about the latest Shiba Inu price prediction? Like, ‘is Shiba Inu worth investing’? And ‘what does Shiba Inu coin do’? The following section has got you covered for the rest of the decade.

Shiba Inu Price Predictions 2023

With what we’ve already covered, how do you think the Shiba Inu price prediction chart will shape up in 2023? The meme coin has been on a downward trend for a long while. Is there any reason to believe that it will rise significantly and yield a reasonable return on investment in the coming years?

In addition to analyzing Shiba Inu’s historical prices, it’s important to identify the key factors that could affect its price in the future. This will make it easier for you to make your own predictions based on current cryptocurrency trends and find an informed answer to the question ‘should I invest in Shiba Inu?’ 

Shiba Inu price prediction

Shiba Inu predictions must be taken with a pinch of salt. Though there is a lot of good stuff potentially on the way, we also need to think about potential negatives too. Taken together, we can get a clear picture of what Shiba Inu could be worth.

Technical improvements such as layer 2 solutions will improve Shiba Inu’s performance in 2023 and make it cheaper to use than most other cryptos.

Overall, if this happens, we would expect more demand for SHIB from retail and institutional investors. As such, our Shiba Inu price prediction for 2023 estimates that the meme coin could reach $0.0000156 – an increase of 87% from today’s price. 

Shiba Inu Price Prediction 2024

To understand why many crypto experts think that Shiba Inu is one of the next crypto to explode, you need to consider the caliber of projects it will support. We've already mentioned that SHIB has attracted some investors across different industries.

By 2024, the crypto community will have almost forgotten about weak meme coins and Shiba Inu continues to grow in popularity. This adds another major reason for investors to buy and hold SHIB, which is good news for Shiba inu price potential. Overall, if Shiba can capitalize on this momentum and partner with more entities it’ll boost the coin’ appeal to investors looking to generate an income stream. 

Shiba Inu’s competition with Dogecoin will likely continue to define SHIB in coming years, however, as Shiba Inu develops its own following, Dogecoin will likely become less influential on

SHIB. Shiba Inu will likely offer users more features than Dogecoin as well. As such, our Shiba Inu future price prediction for 2024 sees the coin valued at $0.0000165.

If you’re wondering ‘should I invest in Shiba Inu?’, short-term cryptocurrency predictions aren’t particularly conclusive. The Shiba Inu predictions for 2023 and 2024 are varied, ranging from under $0.000012 to around $0.0002. If you favor a long-term investing strategy, let’s take a look at the Shiba Inu price forecasts for 2025 and beyond. What could we expect to see in the long-term?

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Shiba Inu Price Forecast Long Term Outlook – 2025 Prediction

Further improvements to ShibaSwap could make it the go-to DEX in 2025 and increase demand for Shiba Inu and its other tokens. Our Shiba long term price forecast, therefore, should be positive.

When making a Shiba Inu forecast for the long term, it’s essential to understand that SHIB is underpinned by Ethereum blockchain technology. Due to this, investors will need to monitor the price movements of ETH as well as other major blockchain crypto assets. 

Assuming this is the case, our Shiba Inu price prediction for 2025 estimates that the coin could reach a new-time highs of $0.0000289, and potential beyond that level. 

The average 2025 price forecast equates to a 162% increase since today's level.

Shiba Inu price predictions

Right now, it is important to note that the current Shiba Inu price is not a true reflection of the coin’s value, according to many experts. Two years will likely be enough for most people to understand the project better and take the giant step of investing.

The launch of Shiberse could be a massive hit by 2026 and inspire other virtual experiences related to Shiba In. Our long-term Shiba Inu prediction has determined a high of $0.000036 is possible in 2026 and suggests the meme asset will have a median price of $0.0000267 for much of the year. SHIB is not expected to trade lower than $0.0000175.

New developments could see Shiba Inu become increasingly advanced by 2027, likely taking advantage of smart contracts and dApps. In four years, we will see Shiba Inu price prediction 2027 trade at an average price of $0.0000325 after passing the $0.00004 barrier for good. Our 2027 SHIB forecast also sees a top price of $0.000045 and a minimum of $0.00002.

2028 will see Shiba Inu likely become one of the most desired cryptocurrencies built on top of the Ethereum blockchain. Securing a low of $0.000022 early on in 2028, our Shiba Inu price prediction 2028 anticipates a record price of $0.0000593. Bullish momentum will take SHIB to an average of $0.0000465.

Shiba Inu will become one of the biggest driving forces of cryptocurrency adoption by 2029 and could become many new investors’ first taste of crypto. Shiba Inu price forecast 2029 is expected to reach the $0.0001 milestone before hitting a yearly high of $0.000115, according to the latest SHIB price prediction. Shiba will also build support around a low of $0.00006 and can maintain an average of $0.0000875. 

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Shiba Inu Price Prediction 2030

Now let’s analyze our Shiba Inu price prediction over the long term. As highlighted earlier, SHIB retains enormous support from crypto investors in the markets.

By 2030, Shiba Inu will be unstoppable and will likely host a variety of other services, many of which are likely best DeFi related.

So, how could the price of Shiba Inu token change in 2030? Our long term Shiba Inu price forecast sees the meme coin growing significantly and reaching $0.000128 per token by the end 2030. This represents a 1,448% increase of today's price.

Shiba Inu Price Prediction 2040

How could Shiba Inu long term price prediction play out in the next 15 – 20 years? If you’ve been following attentively, you may already feel that SHIB will rise significantly before 2040.

We can conclude this section by stating that Shiba Inu crypto being one of the top meme altcoin out there, can rise significantly before 2040.

SHIB price will continue to fluctuate, it will mostly head in the positive direction. That being said, our Shiba Inu price prediction 2040, the coin could reach as high as $0.0103.

Meanwhile, if the crypto market takes a negative direction and high-profile cryptocurrencies appear in the downtrend, this can mark the beginning of an “ice age” in the crypto market. According to experts, in this case, not only will SHIB lose its value, but it will be hard for it and many other crypto assets to make it till 2040. 

According to Another factor to consider investing in the long term is the price of Bitcoin and Dogecoin. Though Shiba Inu has been dubbed ‘the Dogecoin killer’, its price is arguably intricately connected to the price of DOGE — and this relationship has a far more dramatic effect than that between BTC and SHIB.

Though meme coins are sometimes hard to take seriously, they have far greater reach than many other coins which helps speed up adoption which is key to a coin’s success. (Advanced technology alone will not necessarily speed up adoption.)

In comparison to other meme coins, Shiba Inu has the most going for it in terms of innovation which could keep investors interested for the rest of the decade, as our Shiba Inu forecasts suggest.

Taking everything into account, Shiba Inu still has massive potential and investors can benefit from SHIB either as a short-term investment or long-term investment . 

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Potential Highs And Lows Of Shiba Inu

Through our research and analysis for this Shina Inu price prediction, we’ve been able to select key areas of the internet on the SHIB price movements. These areas have been identified through technical and fundamental analysis based on SHIB's price chart over the last few years. 

The below prediction figures outline the potential highs and lows of Shiba Inu price prediction forecasts offered by technical analysts and industry experts.

Year High Low
2023 $0.0000156 $0.000008
2024 $0.00002 $0.000013
2025 $0.0000289 $0.000015
2028 $0.0000597 $0.000022
2030 $0.0001723 $0.000087
2040 $0.010345 $0.008710

 

Technical Analysis Of Shiba Inu

The past performance of a cryptocurrency is always one of the most crucial factors to consider when attempting to make valid cryptocurrency predictions. As we can see from the graph above, Shiba Inu has had a wild couple of years.

You could be forgiven for thinking that the almost flatline from SHIB’s creation to between March and May 2021 was a boring time. Actually, a lot was going on — though the price of SHIB was puny, it was highly volatile and a terrific way to make a quick profit.

Shiba Inu’s first spike took place in May 2021. It was big news and was arguably the first time traders started paying attention to the asset. Yes, Shiba Inu fell dramatically following this high, but noticeably, its new lows were not as low as its previous prices before the spike.

Several months later, in October, following the price of BTC, Shiba Inu had another enormous price spike, and after a moment of consolidation, leapt once more to its current all-time high towards the end of the month.

Again, SHIB couldn’t maintain such a high, but just like last time, its lows were much higher than before the spike. This suggests that there is an underlying positive trend in the long term.

Shiba Inu is the second largest meme cryptocurrency by market capitalization. The growth is mainly due to the boost in the utility. Now the SHIB price predictions are a center of interest for many investors. The overall recommendation is Buy!

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Expert’s Take On Shiba Inu Price Predictions

What is Shiba Inu expected to reach? Experts across the web have given positive Shiba Inu price predictions for 2023 to 2030.

In 2023, the Shiba Inu price is forecasted to be on average $0.0000120. The expected maximum price is $0.0000150, minimum price $0.0000102.

Trading Beasts

The forecasted Shiba Inu price at the end of 2023 is $0.00001104 - and the year to year change +37%.
Shiba Inu will start 2025 at $0.00001066, then soar to $0.00001212 within the first six months of the year and finish 2025 at $0.00001394. That means +69% from today.

Coin Price Forecast

The price of Shiba Inu is predicted to reach at a minimum value of $0.00002469 in 2025. The Shiba Inu price could reach a maximum value of $0.00003037 with the average trading price of $0.00002562 throughout 2025.

Price Prediction

Future price of the Shiba inu asset is predicted at $0.000046 (474% ) after a year according to our prediction system.
This means that if you invested $100 now, your current investment may be worth $574 in January 2024.

Gov Capital

According to our current Shiba Inu price prediction, the value of Shiba Inu will increased by 240.85%, reaching $0.0000298 by end of 2025.

DigitalCoinPrice

Shiba Inu price is forecast to reach a lowest level of $0.00003979 in 2027. As per our findings, the SHIB price could reach a maximum level of $0.00004617 with the average forecast price of $0.00004116.

ICOcreed

Shiba Inu present price range might interest many traders and because of this, SHIB can reach $0.00003641 by 2025 with substantial cooperation with financial institutions if the following requirements are satisfied. With an average price of $0.00003167 for 2025, it can beat the latest price trend to reach new highs.

Tech News Leader

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

SHIB — The ‘Dogecoin Killer’?

Though Dogecoin (DOGE) is the first ‘meme coin’, arguably Shiba Inu started the meme coin craze in 2021 which saw many people launch their own coins in a similar fashion. Aside from Dogecoin, some of Shiba Inu’s biggest rivals include:

  • Dogelon Mars (ELON)
  • MonaCoin (MONA)
  • SafeMoon Inu (SMI)
  • Dodgy-Inu (DINU)
  • SHIBAVAX (SHIBX)

You’ll notice that many of the top coins above attempt to marry the meme coin idea with something else.

There is a maximum total supply of 1 quadrillion (1,000,000,000,000,000) SHIB tokens

Shiba Inu price predictions

What’s The Point Of Shiba Inu?

Shiba Inu was created to one-up Dogecoin. It also builds on top of the doge memes and seeks to draw in adoption through its use of humor which so far has been very effective. Shiba Inu has an advantage over Dogecoin in that it is more technologically advanced and has more plans for how the token can be used. DOGE is more focused on increasing adoption and seems to want to remain only a transactional cryptocurrency.

Shiba Inu price forecast

Supposedly, Shiba Inu was created to encourage people to follow the ‘artistic Shiba movement’. The team behind the crypto had never collaborated before and was inspired by the creation of Dogecoin — which itself was launched to satirize Bitcoin (BTC).

Some of Shiba Inu’s benefits include:

  • Built on the Ethereum blockchain, which means Shiba Inu benefits from updates to Ethereum’s protocol.
  • ShibaSwap DEX.
  • Smart contract and dApp functionalities (unlike Dogecoin).
  • Massive and loyal online following.

Who Is Behind Shiba Inu?

The anonymous founder, known simply by the pseudonym Ryoshi, launched a 22-page ‘woofpaper’ (whitepaper) that outlines the crypto’s aims and origins. Not much is known about Ryoshi who appears to want to remain anonymous, though he does post on Twitter.

Some people are not sure if they can trust Ryoshi because of some of his unusual behavior (specifically, one event relating to Vitalik Buterin, the founder of Ethereum — we’ll get to that in a bit), and others have pointed out spelling mistakes in the whitepaper which have made it hard to take him seriously. 

Elsewhere, there have also been people impersonating official accounts trying to scam users on messaging applications like Telegram. So, when it comes to the people working on Shiba and those who generate hype, exercise some caution.

Shiba Inu doesn’t have an official roadmap, but we know they have a lot of plans for the future.

Shiba Inu updates include:

  • Doggy DAO — Shiba Inu’s decentralized autonomous organization.
  • Shibarium L2 — a layer 2 solution to reduce transaction fees.
  • ShibaSwap 2.0 — upgrade to the ShibaSwap DEX.
  • Shiba Inu Game and Shiberse (metaverse built on Shiba Inu).

What Can You Do With Shiba Inu?

Shiba Inu was built on the Ethereum (ETH) blockchain, making it an ERC-20 token. As part of the Ethereum network, SHIB currently uses a proof-of-work (PoW) algorithm but is in the process of transitioning to proof-of-stake (PoS), which will make Shiba Inu more efficient.

PoW algorithms require users to carry out complex computational equations to mine new blocks, whereas a PoS algorithm requires them to stake a certain amount of crypto as collateral. This uses a lot less energy and is generally considered more scalable than PoW.

SHIB has a decentralized exchange (DEX) called ‘ShibaSwap’ which is also built on Ethereum. Users can trade a variety of different cryptocurrencies using SHIB tokens. They can also earn interest by depositing tokens into a shared pool, thanks to a liquidity protocol. Within the exchange, this is known as ‘DIGGING’ — an action for which users will receive ‘BONE’ tokens as an incentive.

Shiba Inu are even getting into NFTs, launching ShibaNFT.

Who Uses Shiba Inu?

There are over 1 million Shiba Inu holders though it is not clear how many accounts are active (many are likely holding for the long-term, speculating that the price will increase) — an enormous number for a coin that has only been around for less than two years. Shiba Inu can be used as a payment method at GameStop and AMC Theaters as well as a variety of other companies.

Shiba Inu’s lightning-fast adoption rate is one of the top factors when considering Shiba Inu forecasts.

Is Shiba Inu A Good Investment?

Shiba Inu can be a profitable investment if you can take advantage of its price fluctuations. So far, SHIB has an incredible ROI of 1,642,668.89%, so it can be a highly profitable investment.

Evidence points to Shiba Inu appreciating for the next decade according to our long-term Shiba Inu forecast. Ultimately, the gains investors could make investing in Shiba Inu in the long term are much higher than investing in the short term.

Shiba Inu has been on the crypto market for less than two years and has become one of the most talked-about cryptos on the market, even more so than Bitcoin and Ethereum. SHIB has also beaten both these assets in terms of adoption too — the most important factor in increasing the price of an asset.

Shiba Inu remains a highly risky investment (perhaps one of the riskiest in the crypto market) but it also offers a high reward. It would be ill-advised to invest heavily in Shiba Inu. A sensible amount that you wouldn’t mind losing is wise.

 Conclusion — Shiba Inu Price Prediction 

This article has presented a comprehensive Shiba Inu price prediction for the years ahead, touching on Shiba Inu projects and value potential.

Shiba Inu undoubtedly is one of the most volatile cryptocurrencies you could think of investing in. But people often confuse volatility with risk — the two are not always the same. Volatility can give investors excellent opportunities to buy extremely low and sell high.

While you should be careful with Shiba Inu, it still presents some amazing trading opportunities if you can be patient enough to wait for them.

Shiba Inu stands a good chance of becoming (and remaining) the top meme coin for years to come because of its tremendous hype and wide variety of features. In terms of market cap, Shiba Inu is highly competitive against Dogecoin.

According to the latest long-term Shiba Inu price forecasts, Shiba Inu will reach $0.0000156 by the end of 2023 and $0.0000289 by the end of 2025. Shiba Inu will then rise in value to reach $0.0000593 in 2028, and $0.00017 in 2030.

If you’ve been looking for the latest Shiba Inu prediction we hope you’ve found this article helpful. Cryptocurrency investing is notoriously risky and it’s vital to have a robust risk management strategy in place if you’re considering adding Shiba Inu to your portfolio — however, cryptocurrency trends suggest the value of Shiba Inu will ultimately rise by around 562% by the year 2030.

According to these forecasts, it seems that it’s best to invest in Shiba Inu if you’re prepared to play the long game. We may be unlikely to see a dramatic price increase, but the Shiba Inu prediction charts suggest it could be a good investment for those who are happy to take long-term positions.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

eToro – Best Exchange To Buy Shiba Inu

Open an account with eToro, deposit some funds with USD, and finally – buy SHIB tokens from just $10.

 Shiba price analysis

eToro have proven themselves trustworthy within the crypto industry over many years – we recommend you try them out.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Read More:

FAQs Shiba Inu Price Prediction

Will Shiba Inu Go Up?

Yes, according to its predictions Shiba Inu will rise in value, but it won’t go up but not forever. There will be periods where Shiba Inu falls and others where it stagnates. Do not expect Shiba Inu to continuously appreciate until the end of time.

What Will Shiba Inu Be Worth In Five Years?

In five years, by 2028, Shiba Inu can reach $0.0000593. The SHIB/USD pair will also not trade lower than $0.000022.

What Will Shiba Inu Be Worth In Ten Years?

In ten years (2033), Shiba Inu could surpass the $0.0002 barrier if we follow the overall trend our long-term SHIB prediction has projected.

Where Can I Buy Shiba Inu?

There are several top crypto exchanges where Shiba Inu is available to investors. We recommend buying Shiba Inu from eToro.

Will Shiba Inu Reach 1 Cent In 2023?

Shiba Inu will not hit 1 cent in 2023. Even the highest predictions do not see SHIB hitting $0.00017 by 2030. 1 cent is seen as a huge milestone for Shiba Inu to reach, a milestone many holders are waiting for.

Can Shiba Inu Price Reach $1?

By looking at its historical price momentum and experts' Shiba Inu price forecasts, it's highly unlikely that we will see Shiba Inu reac $1 any time soon in the next ten years.

What Is Shiba Inu’s Price Prediction For The Next Bull Run?

Forecasting the next bull run is a tricky task, but according to our Shiba Inu price forecast prognosis, by 2025 SHIB will hit prices 162% higher than in 2023.

What will Shiba Inu be worth in 2023?

Shiba Inu investors can expect upward momentum in 2023 as Shiba Inu pushes ahead to a new all-time high of $0.0000156. Our 2023 forecast also implies that the coin will have stronger support in 2023, not declining below $0.0000008.

How much will Shiba Inu be worth in 2025?

2025 will be another momentous year for Shiba Inu with further substantial highs expected. Our Shiba Inu prediction for 2025 anticipates no lower than $0.000015 and a max of $0.000029.

What will Shiba Inu be worth in 2030?

hiba Inu’s price prediction for 2030 is expected to be around $0.000128, according to our the latest forecast. The top price represents a 1,448% increase of today's price.

Exclusive: Get The Latest Crypto Price Predictions Direct To Your Inbox Now!

What you’ll get: Weekly updates on the latest and trending Cryptocurrencies along with exclusive insights and information on the hottest Crypto Trends.