Shiba Inu Price Predictions: How Much Will SHIB Be Worth In 2022 And Beyond?

Will Shiba Inu (SHIB) continue to go up or crash? Read our Shiba Inu price predictions for 2022–2030

Last Updated December 8th 2021
28 Min Read

Are you looking for the top SHIBA INU price predictions for 2022? Or have you been struggling to answer the question ‘is SHIBA INU a good investment?’ You’re in the right place.

In this article, we’ll explore what the experts have to say about SHIBA INU’s future performance. Discover the top SHIB price predictions for 2022 and beyond and how much SHIBA INU could be worth in 2022-2030.

After SHIBA INU’s (SHIB) dramatic rise to prominence in 2021, what’s next for the so-called ‘Dogecoin Killer’? Is SHIBA INU a good investment or is it just too volatile? In this article, we’ll take a deep dive into some of the top SHIB price predictions for 2022-2027 (plus a few for the end of the decade)

Dogecoin (DOGE) might be the world’s most famous meme cryptocurrency, but it’s not the only one out there. SHIBA INU, the self-described ‘Dogecoin Killer’, was similarly inspired by the world of Shiba Inu (‘Doge’) memes and has largely been dismissed as a joke since it launched in August 2020. But as Shiba Inu continues to outperform top cryptos, including Bitcoin (BTC), all eyes have quickly turned to SHIB. So, is SHIBA INU a good investment? 

At the time of writing, SHIBA INU has an extremely low price of $0.00003614 and a market cap of $19.84 billion. This makes it the world’s 13th-largest crypto. In terms of market cap, SHIB is now two positions behind Dogecoin, the 11th-largest.

According to recent long-term forecasts, the price of SHIBA INU could reach $0.0006553 by the end of 2022, and $0.000192 by the end of 2023 and $0.0019014 by the end of 2025. Shiba Inu (SHIB) will be worth $0.00051440 in 2027, and $0.0041475 in 2030.

With Dogecoin now back in front, what’s next for Shiba Inu? In this article, we’re taking a look at some of the top cryptocurrency predictions for the price of SHIB in 2022-2027. We’ll also answer questions such as ‘what is SHIBA INU?’ And explain how exactly this cryptocurrency works.

If you want to buy Shiba Inu quickly and easily, with a 0% commission, check out the eToro Exchange!

Contents:

In this article, we will cover:

What Is SHIBA INU (SHIB) And How Does It Work?

According to CoinMarketCap, 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 satirise Bitcoin.

The anonymous founding company, known simply by the pseudonym Ryoshi, launched a 22-page ‘woofpaper’ that outlines the crypto’s aims and origins. 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).`

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. 

Built on Ethereum, SHIB has a decentralized exchange (DEX) called ‘ShibaSwap’. 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.

There is a maximum total supply of 1 quadrillion (1,000,000,000,000,000) SHIB tokens. The current circulating supply is around 549 trillion SHIB tokens.

Short-term SHIBA INU (SHIB) Price Predictions

Shiba SHIB price prediction for 2022

So, what are crypto experts forecasting for Shiba Inu in 2022? Let’s take a look. 

For our first 2022 SHIB price prediction, we will turn to Cryptocurrency Price Prediction. While normally we consider their forecasts to be some of the most bullish around, at this point they have proven themselves to be one of the few price forecasters that seem to understand how far the price of Shiba Inu could go. And as expected, they believe the price of SHIBA INU will continue to increase in 2022 and reach new all-time highs (ATHs).

Here’s what Cryptocurrency Price Prediction has predicted for Shiba Inu in 2022:

MONTH & YEAR

SHIB PRICE PREDICTION

January 2022

$0.0001553

February 2022

$0.0001704

March 2022

$0.0001803

April 2022

$0.0002007

May 2022

$0.0002568

June 2022

$0.0002738

July 2022

$0.0003977

August 2022

$0.0004621

September 2022

$0.0005341

October 2022

$0.0005757

November 2022

$0.0006136

December 2022

$0.0006553

 

Cryptocurrency Price Prediction has estimated that SHIB will surpass $0.00015 by January 2022 — $0.00006155 above its current ATH of $0.00008845. SHIBA will then continue to appreciate throughout the year and reach a new ATH of $0.0006553 by December 2022 — 17 times higher than its current value.

Given Shiba Inu’s humongous spikes in 2021, these prices could be within reach in 2022. If Cryptocurrency Price Prediction’s forecast is true, Shiba Inu could increase four-fold in 2022.

Next up, we’re looking at Trading Beasts who are also optimistic about Shiba Inu’s price for 2022, though they are not as bullish as Cryptocurrency Price Prediction. Here’s what Trading Beasts have predicted for the price of Shiba Inu for 2022:

Shiba (SHIB) Price Predictions For 2022:

Month Minimum Price Maximum Price Average Price Change
January 2022 $0.0000407 $0.0000598 $0.0000478 26.46%
February 2022 $0.0000413 $0.0000607 $0.0000486 28.39%
March 2022 $0.0000419 $0.0000616 $0.0000493 30.24%
April 2022 $0.0000426 $0.0000626 $0.0000501 32.42%
May 2022 $0.0000433 $0.0000637 $0.0000509 34.64%
June 2022 $0.0000441 $0.0000648 $0.0000518 37.05%
July 2022 $0.0000448 $0.0000659 $0.0000528 39.48%
August 2022 $0.0000457 $0.0000672 $0.0000537 42.08%
September 2022 $0.0000465 $0.0000684 $0.0000548 44.77%
October 2022 $0.0000474 $0.0000697 $0.0000558 47.44%
November 2022 $0.0000483 $0.0000710 $0.0000568 50.26%
December 2022 $0.0000492 $0.0000723 $0.0000579 53.04%

 

To summarise, what Trading Beasts appear to suggest is that Shiba Inu will slow down in terms of volatility and gradually increase in price throughout 2022. The maximum prices they are predicting are very feasible given SHIB’s current price performance, however, Trading Beasts do not foresee SHIB reaching higher than $0.0000723 (a 53.04% increase), which is below its current ATH.

What is also quite encouraging is that Trading Beasts doesn’t see Shiba falling any lower than $0.0000407 in 2022, which is higher than SHIB’s current price. For December 2022, Trading Beasts have predicted that SHIB could close the year at an ATH of $0.0000723 and have an average price of $0.0000579. While this price forecast is as insane as Cryptocurrency Price Predictions, it still suggests a bright future.

Trading Beasts also added: “according to our forecasts, the Shiba Inu price is going to increase. Now the Shiba Inu price is $0.0000379, but by the end of 2022, the average Shiba Inu price is expected to be $0.0000579” and “The Shiba Inu price is forecasted to reach $0.0000478 by the beginning of January 2022. The expected maximum price is $0.0000598, minimum price $0.0000407. The Shiba Inu price prediction for the end of the month is $0.0000486”.

Elsewhere, price forecaster DigitalCoin is also bullish on the price of Shiba Inu in 2022. They believe that the price of SHIB will start 2022 strong, go through a few volatile cycles midway through the year, and close at a slightly lower price (but still higher than its current value).

 

Here are the prices DigitalCoin has predicted for Shiba Inu in 2022:

  • January: $0.0000710656
  • February: $0.0000717257
  • March: $0.0000713350
  • April: $0.0000691214
  • May: $0.0000711455
  • June: $0.0000660371
  • July: $0.0000709197
  • August: $0.0000691733
  • September: $0.0000675647
  • October: $0.0000700068
  • November: $0.0000674045
  • December: $0.0000694007

 

All of the prices above are higher than Shiba Inu’s current price of $0.00003783. They suggest that SHIB will start 2022 at $0.0000710656, reach a yearly high of $0.0000717257 in February, hit a low of $0.0000660371, and after a few bumps, close the year at $0.0000694007

For the entirety of 2022, DigitalCoin expects Shiba Inu will be worth above $0.0000660371. However, they do not expect SHIB to reach above $0.0000717257, failing to retest its current ATH.

DigitalCoin also said: “No, SHIBA INU (SHIB) price will not be downward based on our estimated prediction” and “Yes, SHIBA INU (SHIB) is [a[ profitable investment based on our forecasting”.

Finally, according to Sarah Tran of FX Street, the price of Shiba Inu could increase another 76% after reaching its ATH, noting that the price of SHIB has surged over 200% since the 23rd of October 2021. Tran says that: “the optimistic target given by the governing technical pattern is on the radar, with a 400% rally from the breakout line toward $0.00014369”.

She also explains:

“If SHIB bulls continue to incentivize Shiba Inu price to move higher, the next target for the token is at the 127.2% Fibonacci extension level at $0.00010617, then at the 161.8% Fibonacci extension level at $0.00012873 before the token reaches its bullish target at $0.00014369”.

While a maximum target of $0.00014369 is very appealing, Tran also notes that the Relative Strength Index (RSI) is indicating that the price of Shiba could be overbought and that there could be a price correction at some point. So, investors need to remain cautious.

What Will Happen To The Price Of SHIBA INU (SHIB) In 2022?

The price of Shiba Inu could continue to explode in 2022 to reach new highs beyond its current price, however, it might struggle to reach a new ATH. Most likely, Shiba Inu will be valued between $0.00004 and $0.00007, for much of 2022. No one expects the price of Shiba Inu to fall in 2022, and it may even become less susceptible to volatility.

Will the Price of SHIBA INU (SHIB) Go Up In 2022?

The price of Shiba Inu (SHIB) likely continue to go up in 2022 and it will likely hit highs around $0.0000717257, according to DigitalCoin or $0.0000723 according to Trading Beasts. The highest prediction for Shiba Inu in 2022 is $0.0006553 by Cryptocurrency Price Prediction — 17 times higher than SHIB’s current price.

Additional predictions for the price of SHIBA INU (SHIB) include:

  • The Economy Forecast Agency: $0.00006429
  • Price Prediction: $0.00006763
  • Coin Price Forecast: $0.00014080
  • CoinQuora: $0.00025
  • Coinpedia: $0.00003

 

David Cox of CryptoNewsZ, who suggested that: “Keeping up in tandem with the same bullish trend in prices, there are cryptocurrency predictions that the price of Shiba Inu is poised for an upswing even in the year next, i.e., 2022. Though it is too early to expect whether the Shiba Inu coin will break from the peak, what stays clear is there is light at the end of the tunnel for sure compared to other meme currencies in the crypto space. The Shiba Inu coin price only indicates a positive trend among the receding Pandemic scenario touching the $0.000020 mark”.

And Connor Brooke of Economy Watch has opined: “Our Shiba Inu price prediction sees the coin being valued at $0.000025 by the end of 2022. This would represent a solid increase from today’s levels”.

Read Also: Is Shiba Inu (SHIB) A Good Buy?

Long-term SHIBA INU (SHIB) Price Predictions: 2023-2027

What are crypto experts forecasting for Shiba Inu (SHIB) in 2023 and beyond? The short-term price predictions for SHIBA INU are pretty bullish, so can the long-term predictions help us answer the question ‘is SHIBA INU a good investment?’ Specifically, ‘is Shiba Inu a good long-term investment?’

First up, we’ll start with Cryptocurrency Price Prediction which gave us a top SHIB price prediction of $0.0006553 for December 2022. Their long-term price predictions for the rest of the decade are equally bullish, expecting Shiba Inu to continue to far higher levels. For 2025 and 2030, Cryptocurrency Price Prediction has estimated the following prices for Shiba Inu (SHIB):

Shiba (SHIB) Price Predictions In 2025:

MONTH & YEAR

SHIB PRICE PREDICTION

January 2025

$0.0007348

February 2025

$0.0015151

March 2025

$0.0016287

April 2025

$0.0017461

May 2025

$0.0015984

July 2025

$0.0017120

September 2025

$0.0015188

October 2025

$0.0017537

November 2025

$0.0018484

December 2025

$0.0019014

 

Shiba (SHIB) Price Predictions In 2030:

MONTH & YEAR

SHIB PRICE PREDICTION

January 2030

$0.0033407

March 2030

$0.0034240

May 2030

$0.0038407

July 2030

$0.0039846

September 2030

$0.0037573

December 2030

$0.0041475

To summarise what Cryptocurrency Price Prediction has estimated for SHIBA INU, at the start of 2025 SHIB will be worth a staggering $0.0007348, cross over $0.001 by February to $0.0015151 and end the year at a maximum price of $0.0019014 in December.

Further afield, Cryptocurrency Price Prediction raises the bar for 2030, starting 2030 at $0.0033407, Shiba Inu will work its way up to an astonishing high of $0.0041475 by December. That’s more than double what Cryptocurrency Price Prediction forecasted for the end of 2025 and 109 times higher than Shiba Inu’s current price!

It’s important to remember that while this price prediction for SHIB in 2025 and 2030 might be a little mind-blowing, given Shiba Inu’s price performance in 2021, this really could be possible.

Elsewhere, Price Prediction, another forecaster known for its bullish long-term price forecasts, is also highly optimistic about Shiba Inu’s prospects for the rest of the decade. Though they are not as extreme as Cryptocurrency Price Prediction, they also foresee SHIBA reaching $0.001, but by 2030, not 2025.

Here’s Price Prediction’s Shiba Inu price forecast for 2023 to 2030:

Year Minimum Price Average Price Maximum Price
2023 $0.00008024 $0.00008255 $0.00009452
2024 $0.00011466 $0.00011879 $0.00013819
2025 $0.00016834 $0.00017428 $0.00020169
2026 $0.00023490 $0.00024361 $0.00040751
2027 $0.00035224 $0.00036442 $0.00040751
2028 $0.00050615 $0.00052437 $0.00061426
2029 $0.00073571 $0.00076193 $0.00086838
2030 $0.001 $0.001 $0.001

 

Price Prediction expects Shiba to make a run for $0.00009452 in 2023, smashing its current ATH. Shiba will then potentially cross over $0.0002 by 2025 and reach $0.00020169, more than double in price by 2027 and hit $0.00040751, and reach a maximum price of $0.001 by 2030 (four times lower than Cryptocurrency Price Predictions end of 2030 price of $0.0041475). While this prediction is pretty bullish, it is perhaps more realistic than what Cryptocurrency Price Prediction has forecasted.

Price Prediction also said: “SHIBA INU's value is expected to continue to expand, as shortage tends to encourage price rise. Please note, there is some risk to any investment. Just invest in what you can accomplish before coming to any conclusions and conduct the maximum research possible”. 

And “In terms of price, SHIBA INU has an outstanding potential to reach new heights. It is forecast that SHIB will increase in value. According to specific experts and business analysts, SHIBA INU can hit the highest price of $0.001 till 2030”.

Our next long-term SHIB price prediction comes from DigitalCoin which expects Shiba Inu to continue to reach new highs from 2023 to 2028, improving year-on-year, as we can see in the chart below.

 

SHIB price forecast chart

This is good news for anyone wondering if Shiba Inu will continue to be a good investment in the long term.

Here are the prices DigitalCoin believes Shiba Inu could reach between 2023 and 2028:

  • 2023: $0.0000763210
  • 2024: $0.0000928343
  • 2025: $0.0001106636
  • 2026: $0.0001245775
  • 2027: $0.0001470349
  • 2028: $0.0001665060

 

Though not as high as the other two price forecasts we have seen so far, the trajectory DigitalCoin has predicted that Shiba Inu will take is more than good and if Shiba Inu hits any of these prices, it will still be a tremendous achievement. By 2025, DigitalCoin has predicted SHIB could be worth up to $0.0001106636 and then hit a maximum high of $0.0001665060 by 2028.

Coin Price Forecast has also given a more conservative price prediction for 2023 to 2033, though it is still positive about SHIB’s potential prices.

Here’s what Coin Price Forecast expects Shiba Inu will be valued from 2023 to 2033.

Year Mid-Year Year-End Tod/End,%
2023 $0.00024288 $0.00028723 +681%
2024 $0.00036499 $0.00038633 +950%
2025 $0.00039090 $0.00046523 +1,164%
2026 $0.00049029 $0.00046954 +1,176%
2027 $0.00042058 $0.00051440 +1,298%
2028 $0.00062095 $0.00067342 +1,730%
2029 $0.00072684 $0.00065732 +1,686%
2030 $0.00071992 $0.00077557 +2,008%
2031 $0.00069345 $0.00073698 +1,903%
2032 $0.00083413 $0.00093930 +2,452%
2033 $0.00105280 $0.00117492 +3,093%

 

By 2033, 11 years from now, Shiba Inu could be worth up to $0.00117492 according to Coin Price Forecast. After reaching $0.00028723 by the end of 2023, SHIB will climb year upon year, to reach $0.00046523 in 2025, $0.00051440 in 2027, $0.00077557 in 2030, before reaching a maximum price of $0.00117492 by 2033, up +3,093%.

For 2023 to 2027, Coin Price Forecast also said: “These five years would bring a significant increase: Shiba Inu price would move from $0.00014080 to $0.00051440, which is up 265%. Shiba Inu will start 2023 at $0.00014080, then soar to $0.00024288 within the first six months of the year and finish 2023 at $0.00028723. That means +681% from today”.

What Will Happen To The Price Of SHIBA INU (SHIB) In 2025?

By 2025, the price of Shiba Inu will likely increase and reach new ATHs. Most likely SHIB will cross over $0.0001 by some point before or during 2025. The most extreme forecasts suggest that Shiba Inu could go beyond $0.001. No one expects the price of Shiba Inu to decline between 2023 and 2025.

Will the Price of SHIBA INU (SHIB) Go Up in 2025?

Yes, the price of Shiba Inu will likely go up in 2025 and could hit a high of $0.0019014 by the end of the year according to Cryptocurrency Price Prediction. While other forecasters also expect SHIB to increase by 2025, they are more moderate. For example, Coin Price Forecast expects a maximum of $0.00046523, almost less than a quarter.

Additional Predictions For The Price Of SHIBA INU In 2023-2027 Include:

2023

  • WalletInvestor: $0.000192
  • The Economy Forecast Agency: $0.00007892
  • Trading Beasts: $0.0000888
  • CoinArbitrageBot: $0.000076

2024

  • WalletInvestor: $0.000276
  • The Economy Forecast Agency: $0.00009294
  • Trading Beasts: $0.0001038
  • CoinArbitrageBot: $0.000123

2025

  • WalletInvestor: $0.000365
  • The Economy Forecast Agency: $0.00008492
  • CoinArbitrageBot: $0.000199
  • Changelly: $0.000727

2026

  • WalletInvestor: $0.000450
  • The Economy Forecast Agency: $0.00009435

2027

  • DigitalCoin: $0.0001470349
  • Coin Price Forecast: $0.00051440
  • Price Prediction: $0.00040751

 

Ruchi Gupta of Market Realist has added: “if [Shiba Inu] grows at the rate of 20 percent per month, it would require five years to hit $1 the milestone, which points to 2025 at the earliest”.

And Jason Wise of EarthWeb has said: “If Shiba Inu can make the most of what the current market is doing, then the coin could be headed in the direction of $0.00039 by 2025”.

Check Out: Is Shiba Inu Coin A Good Investment And Should I Invest In SHIB?

Trading Education Shiba Inu Price Predictions:

Shiba Inu is a particularly hard asset to forecast because it is incredibly young and extremely volatile (plus, all the decimal places can be confusing). That aside, we’ve taken the good, the bad and the ugly and attempted to find out what SHIBA INU really could be worth over the next decade. Let’s take a look.

Shiba Inu (SHIB) Price Prediction 2022

SHIBA INU is expected to trade with bullish momentum and surpass $0.00006 by the end of 2022. As per SHIBA INU price predictions 2022, the price of SHIB might trade above $0.00007 by the end of the year. The predicted high for 2022 might be around $0.0006553, and on the downside, the low might range from $0.00003 to $0.00002.

Shiba Inu (SHIB) Price Prediction 2023

The price of SHIBA INU is predicted to reach a maximum level of $0.000192 by the end of 2023. The SHIBA INU price can reach a minimum level of $0.000076 in 2023.

Shiba Inu (SHIB) Price Prediction 2024

As per experts, the price prediction of SHIBA INU might continue the gradual upward trend. And as per our data, by the end of 2024, it would be able to cross the $0.0002 mark. The predicted high for 2024 might be $0.00038633, and on the downside, the low might be around $0.0000928343.

Shiba Inu (SHIB) Price Prediction 2025

As per SHIBA INU price predictions for 2025, the price of SHIB might reach between $0.00046523 and $0.000727 by the very end of 2025. As per our prediction and price forecast, the predicted high for 2025 might be around $0.0019014, and on the downside, the low might be around $0.00008492.

Shiba Inu (SHIB) Price Prediction 2027

SHIBA INU price forecasters estimate that by 2027, the token might be able to touch the $0.00051440 price mark on the upside, while on the downside, it might fall to $0.0001470349. As per our SHIBA INU price prediction and forecast update, the cryptocurrency might trade around $0.00035224 and $0.00042058 by the end of 2027.

Shiba Inu (SHIB) Price Prediction 2030

The top price predictions for SHIBA INU in 2030 foresee SHIB dominating above $0.001 for most of the year. If the token does well, experts seem to suggest that a push to $0.0041475 could be possible. The lowest SHIBA INU price prediction for 2030 is around $0.00077557.

According to the latest long-term forecasts and price predictions, the price of SHIBA INU will hit $0.00007 by the end of 2022 and then $0.000192 by the end of 2023. SHIBA INU will rise to $0.000727 in 2025 and $0.001 in 2030.

Conclusion: Shiba (SHIB) Price Prediction Forecast

The below prediction figures outline some of the potential highs and lows of SHIBA INU price prediction forecasts for 2022, 2023, 2024, 2025, 2027 and 2030 offered by technical analysts and industry experts.

Year High Low
2022 $0.000655 $0.000022
2023 $0.000192 $0.000076
2024 $0.000386 $0.000092
2025 $0.001901 $0.000084
2027 $0.000514 $0.000147
2030 $0.004147 $0.000775

 

Have you considered investing in SHIB?

How Has the Price of SHIBA INU (SHIB) Changed Over Time?

Since coming to the market in August 2020, the price of SHIBA INU (SHIB) has seen a range of comparative highs and lows — but is yet to hit milestones such as $1, or even $0.001! We can see how the asset’s price has changed in the last year by looking at the graph below, which comes from CoinMarketCap:

shiba inu price chart

Before SHIBA INU got caught in the market-wide bull run, its price was negligible. On the 18th of April 2021, the asset’s price rose above $0.000001 for the first time, but the most dramatic increase was still to come. Between the 6th of May and the 10th of May, SHIB rocketed from $0.00000156 to its former ATH of $0.0000388 — a staggering growth rate that suddenly made the crypto one of the best-performing coins on the market!

Unfortunately, this progress didn’t last long. Because SHIB’s growth spurt happened so late in the bull run (most cryptos got dragged into the bull run in January), it was only a few weeks before SHIB’s price plummeted as faith in the crypto market dissipated.

From the end of May until early October, the price of SHIB entered a ranging period, with highs ranging from $0.000009 and lows typically around $0.000006. Though prices were significantly higher than the prices we saw in 2020, many investors hoped that its bull run wouldn’t come to a complete halt just yet.

Then between the 4th and 6th of October, that boring picture changed, and the price jumped from $0.0000135 to $0.00002797. Investors weren’t sure what to think of this sudden leap — would it last? Will it disappear? Both were wrong. The price of SHIB would jump up once more from $0.0000279 on the 22nd of October to its current ATH of $0.00008845 on the 28th of October 2021.

This takes us to where we are today — $0.00003783. An ROI of 2340813.83% since its launch (a little more than a year ago).

Don't Miss: Will Shiba Inu (SHIB) Make Me Rich?

What Factors Can Affect the Price of SHIBA INU (SHIB)?

Price predictions are not enough to secure a safe investment with Shiba Inu — you need to have a proper understanding of what impacts its price. These factors after all are what should be informing price predictions (that and historical data).

When you have developed a full understanding of how the following factors affect the price of Shiba Inu, you will be better able to avoid risky situations where you could lose money and take profits at the best possible moments.

Crypto Whales

A ‘crypto whale’ is an investor, typically a financial institution, which holds enormous reserves of different digital assets. Because they have so much of the market at their disposal, it’s generally accepted that these investors have the power to make or break a particular asset — all they have to do is buy or sell and an asset can leap forwards or sink. This could certainly be a risk when it comes to the price of SHIBA INU.

As we mentioned earlier in the article, SHIB has a circulating supply of a staggering 589 trillion tokens (out of a total supply of a quadrillion). Of these, 50% are locked on the Uniswap (UNI) platform as liquidity, leaving the remaining 50% for investors.

In an act that left many investors baffled, the SHIBA INU development team sent 500 trillion SHIB tokens to the Ethereum co-founder, Vitalik Buterin. (SHIBA INU operates on top of the Ethereum network.) Buterin then burned his SHIB and donated 10% of the proceeds to charity (he was very frustrated to have been placed in this situation). The price of SHIB then crashed from its peak.

The Price of Dogecoin

It’s often said that the cryptocurrency market is driven by the price of Bitcoin, its so-called king. But although 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. 

Although the price of Bitcoin began rocketing at the end of November 2020, SHIBA INU didn’t get caught up in the bull run until after Dogecoin took off in April 2021. The original meme cryptocurrency gained momentum after Elon Musk tweeted his support, piquing interest in similar tokens such as Akita Inu, HUSKY, and, of course, SHIB.

Read Also: 15 Reasons Why You Should Invest in Shiba Inu Today

Key Points

If you remember anything from Shiba Inu Price Predictions: How Much Will SHIB Be Worth In 2022 And Beyond? Make it these key points.

  • SHIBA INU (SHIB) is an ERC-20 token inspired by the popularity of Shiba Inu dog memes and Dogecoin.
  • Shiba Inu’s all-time high is $0.00008845, which it reached on the 28th of October 2021.
  • Cryptocurrency Price Prediction has estimated that SHIB could reach a high of $0.0006553 by the end of 2022.
  • Trading Beasts expects Shiba Inu to reach a top price of $0.0000723 by December 2022.
  • By 2025, Shiba Inu could finally cross $0.001 for the first time.
  • And by 2030, Cryptocurrency Price Prediction has suggested that SHIB could be worth up to $0.0041475.
  • If Shiba Inu fails to reach $0.001 by 2025, it could happen by 2030.
  • Key factors that can affect the price of SHIBA INU include crypto whales and the price of Dogecoin (DOGE).

We hope you found this article helpful — whether you’re an existing SHIBA INU investor, a devoted Dogecoin fan, or simply curious to keep up with the latest cryptocurrency trends. Although the predictions for 2022-2027 vary, it’s notable that none of the forecasts expects the price of SHIBA INU to go down.

eToro – Best Exchange To Buy Shiba Inu

 

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

Virtual currencies are highly volatile. Your capital is at risk.

How To Buy Shiba Inu With eToro?

You can buy SHIBA INU at eToro with a hop, skip and jump. It’s super easy. We’ll show you how it’s done!

Step 1. Hop over to eToro’s website and smash the ‘Join Now’ button and fill out your information. You’ll need to upload proof of ID and address — this is required to comply with anti-money laundering laws and prevent fraud.

Step 2. Make your first-time deposit which will either be a minimum of $50 0r $200 based on your location. Note that in a handful of countries, it is significantly higher! So, check first!

Step 3. Now it’s time to buy SHIB! Go to ‘Trade Markets’ → ‘Crypto’ → ‘SHIB’. Choose your terms and you’re done!

And now you’re part of the SHIB clan!

Read More:

Could Shiba Be A Millionaire-Maker Coin?

Pros and Cons of Investing in Shiba Inu Coin

Why Shiba Inu Will Skyrocket

Is Shiba Inu (SHIB) Worth Buying

Why Shiba Inu (SHIB) Is So Cheap?

Still have questions about Shiba Inu price predictions? Perhaps these frequently asked questions will help.

SHIBA INU Price Prediction FAQs
Why Is SHIBA INU Going Up?
Is SHIBA INU Coin Real?
Will SHIBA INU Reach 1 Cent?
Will SHIBA INU Reach 10 Cents?
Will SHIBA INU Reach 1 Dollar?
Is SHIBA INU A Good Investment?
How High Can SHIBA Coin Go?
Is SHIBA INU Coin Dead?