Despite the market taking a dynamic shift, meme coins are rising, signaling a potential bull run on the horizon. Key players in the meme coin space, like Shiba Inu, are currently positioned at the threshold of a breakout rally.
As the trend gains momentum, the crucial levels are shining as areas of interest for buying the breakouts. Moreover, with multiple bullish events lined up in 2024 that are highly likely to boost the crypto market, holding meme coins can prove profitable.
The ongoing price action brings us to the burning questions on every SHIB enthusiast’s mind: “Will Shiba Inu (SHIB) reach 1 cent?” or “Will Shiba Inu go up?” or “Is Shiba Inu a good investment?”
Furthermore, we’ve crafted a comprehensive Shiba Inu price prediction for 2024-2025 to address these pressing queries.
Cryptocurrency | Shiba Inu |
Token | SHIB |
Price | $ 0.00002545 |
Market Cap | $ 14,996,852,095.6659 |
Trading Volume | $ 1,237,971,105.4403 |
Circulating Supply | 589,289,410,812,691.0000 |
All-time High | $0.00008845 Oct 28, 2021 |
All-time Low | $0.0…08165 Sep 01, 2020 |
24 High | $ 0.0000 |
24 Low | $ 0.0000 |
SHIB experiences a bullish reversal from the $0.00002107 support level, challenging the overhead resistance trendline. As the meme coin recovers from the broader market dip, the increased demand is ready for a breakout rally.
With the triangle breakout rally, the SHIB price could reach the $0.00004567 level. On the flip side, a reversal from the trendline could put the 200D EMA at risk.
Currently, Shiba Inu’s price is in a heavily pressured correction phase, and the buyers are struggling to regain control of the market recovery. Breaking the long-term resistance trendline, the SHIB price fails to sustain the breakout rally, resulting in a downfall under $0.000010.
However, the Shiba Inu price trend breaks the streak of lower high formations with a double bottom formation, reflecting the buyers are back in the game. Shiba Inu (SHIB) has had a challenging start to 2024, but the ongoing struggle at the support trendline will be pivotal for the 2024 Shiba Inu price trend.
If the price can continue to rise above $0.00003682, it could possibly reach the target of $0.00006697 in 2024. Yet, if the SHIB price reverses, it undoubtedly could drop to $0.000010. Overall, the outlook for SHIB is positive, although there is still some risk of a decline.
Shiba Inu Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2024 | 0.000010 | 0.00003845 | 0.00006697 |
The price of SHIB could reach $0.00003965 if the developers’ visionary developments come to fruition and Shiba Inu becomes a major player in the metaverse. However, if the community drives the price with typical buying and selling pressures, SHIB could trade at an average price of $0.000035215.
On the other hand, if investors fail to keep up with the liquidity of the digital asset on exchanges, FUD and negative sentiments could lower the price to $0.00003078.
Shiba Inu Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2025 | 0.00003078 | 0.000035215 | 0.00003965 |
SHIB Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2026 | 0.0000509 | 0.0000565 | 0.0000621 |
2027 | 0.0000611 | 0.0000645 | 0.0000698 |
2028 | 0.0000845 | 0.0000880 | 0.0000915 |
2029 | 0.0000981 | 0.000113 | 0.000129 |
2030 | 0.000115 | 0.000155 | 0.000195 |
Initially, the Price Prediction for 2026 suggests prices will range from 0.00005188 to 0.00006392, settling at an average of roughly 0.0000579.
Subsequently, Shiba Inu 2027 Prediction indicates the price might oscillate between 0.00007925 to 0.00009784, averaging notably at approximately 0.000088545.
Furthermore, the SHIB Price Prediction 2028 projects values between 0.00010662 to 0.0001253, converging around an average of 0.00011596.
Then, by 2029, our SHIB Price Prediction envisions the coin’s value to lie between 0.00013399 to 0.00017039, with a centered average of about 0.00015219.
Lastly, approaching 2030, the SHIB price prediction foresees prices fluctuating between 0.00016136 to 0.0001958, culminating at an average estimate of roughly 0.00017858.
Undeniably, the Shiba Inu price prediction reveals it’s down over 88% from its ATH of $0.00008854. Therefore, many are questioning, is Shiba Inu dead?
However, as highlighted in our SHIB Price Prediction above, CoinPedia’s insight into Shiba Inu’s future remains bullish. Surprisingly, with the $0.00001196 breakout, SHIB might soar to promising highs of $0.00002026 by the end of 2023.
Conversely, on the downside, if this meme coin dives below the trendline, SHIB prices could plummet to a mere $0.00000750.
Additionally, we anticipate the SHIB price to carve a new pinnacle, reaching $0.00002026 by 2024.
Price Prediction | Potential Low ($) | Potential Average Price ($) | Potential High ($) |
2024 | 0.0000075 | 0.00001875 | 0.00002026 |
Firm Name | Shiba Inu Price Prediction 2024 | Shiba Inu Price Prediction 2025 |
CoinCodex | $0.00006038 | $0.00002762 |
Gov.Capital | $0.000054051. | $0.0001058 |
DigitalCoinPrice | $0.0000291 | $0.0000281 |
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By 2025, our price prediction forecasts that Shiba coin price could be worth $0.0000437. With a potential surge the price may go as high as $0.000195 by the end of 2030.
As per the Shiba Inu price forecast, Shiba Inu’s price may trade at an average of $0.0000915 for the year 2028.
With the coming updates and strong community, Shiba Inu remains a strong candidate in the crypto world.
As per our current price prediction, Shiba Inu can be bullish for the coming years but the jump to $1 seems a stretch.
If the impact of the last halving is anything to go by, Shiba (SHIB) could easily rally to over $0.00003965 in 2025.
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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