The post Shiba Inu Price Prediction 2023 – 2025: Will Shiba Inu Boost in 2023? appeared first on Coinpedia Fintech News
Story Highlights
- Shiba coin price could reach a maximum of $0.00001169 by the end of 2023.
- Shiba Inu price, with a potential surge, could go as high as $0.000195 by the end of 2030.
- SHIB is currently valued at $ 0.00000861
With Bitcoin price stabilizing an uptrend move and crossing the $36K mark, meme coin Shiba Inu remains one of the high-performance coins. Sustaining the Uptober rally momentum, the SHIB price displays a strong trend reversal rally, reclaiming multiple levels.
With a market cap of $5.07 Billion, Shiba Inu continues to grow in the bull market and teases a strong comeback. Further, with the altcoin season coming back, the chances of SHIB prices skyrocketing this year are increasing significantly.
The ongoing recovery leading to the breakout 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 2023 – 2025 to address these pressing queries.
Indeed, join us on this analytical journey as we explore the potential SHIB price prediction trajectory for 2023 – 2025 and beyond.
Table of contents
Overview
| Cryptocurrency | Shiba Inu |
| Token | SHIB |
| Price | $ 0.00000861  4.30% |
| Market Cap | $ 5,076,944,529.6910 |
| Trading Volume | $ 185,859,093.9909 |
| Circulating Supply | 589,346,914,631,298.1250 |
| 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 |
What’s New With Shiba Inu?
Famously known as the “Dogecoin killer,” SHIB, the native token of the Shiba Inu ecosystem, is powered by the Ethereum blockchain. However, it has transcended this moniker, notably gaining traction and legitimacy through significant milestones like its listing on the premier crypto exchange, Coinbase.
Unlike its rival Dogecoin, which employs a tech similar to that of Bitcoin, SHIB tokens are ERC-20s, thus facilitating easier transactions.
Simultaneously, with the dog-themed meme coins in the limelight, read our Dogecoin (DOGE) Price Prediction to find out if DOGE will hit $1.
Additionally, Shibarium Network is Shiba Inu’s Ethereum Layer-2 blockchain network. The network chiefly uses tokens like SHIB, BONE, and LEASH, primarily focusing on DeFi and Gaming. Despite entering a field already saturated with competitors, Shiba Inu aims to make a place of its own. The aim is evidently to bring a real-world use case for its SHIB token and become more than a meme coin.
Shiba Inu Coin Price Prediction November 2023
Following the wedge pattern breakout, the Shiba Inu price heads higher and reclaims the 200-day EMA. With the wedge breakout rally giving a hike of 27% in the last three weeks, the meme coin rally continues to gain momentum.
However, the ongoing recovery shows a divergence with the intraday trading volume as the volumes are on a declining trend. Nevertheless, the increased bullish influence teases a golden crossover as the 50-day EMA approaches the 200-day EMA.
Currently, the Shiba Inu price trades at $0.00000861 with an intraday gain of 3.99%, forming a huge bullish engulfing candle.
Considering the buyers manage to sustain the bullish momentum, the SHIB coin price can reach the next resistance level at the $0.000010 mark by the end of November. However, a slip below $0.00000836 can drop the price to $0.00000750.
| Shiba Inu Price Prediction | Potential Low ($) | Potential Average Price ($) | Potential High ($) |
| November 2023 | $0.00000750 | $0.00000875 | $0.00001 |
SHIB Price Prediction 2023
Currently, Shiba Inu’s price is on a downward trend, and it likely may continue to fall to $0.0000065. Remarkably, the price has broken through a pennant formation and is now below the 50-day exponential moving average.
Initially, Shiba Inu (SHIB) has had a challenging start to 2023, with its price falling by 7.64% year-to-date. Currently, it’s trading at a 91.65% discount from its all-time high of $0.00008854. However, the failure to initiate a golden cross has seen SHIB retreat from the 50-day EMA, thus extending its current bearish phase.
Interestingly, the SHIB price has been on a downward trend for the past few months, but there are signs that it may be starting to recover. Notably, the resistance trendline has been broken, which is a bullish sign.
If the price can continue to rise above this trendline, it possibly could reach the target of $0.00001690 before the end of 2023. Yet, if the price falls below the support trendline, it undoubtedly could drop to $0.0000050. Overall, the outlook for SHIB is positive, although there is still some risk of a decline.
| Shiba Inu Price Prediction | Potential Low ($) | Potential Average Price ($) | Potential High ($) |
| 2023 | $0.0000050 | $0.000011 | $0.00001690 |
Shiba Inu Price Prediction 2024
The growing acceptance by retail and luxury brands, the potential growth of Shiba Eternity, and the active efforts of the SHIB army to promote Shiba Inu into DeFi, NFTs, and more. These can influence the SHIB coin price in a positive way to become true to its title, the “DOGECOIN Killer.”
Consequently, with an increase in demand, the price of the Shiba Inu token could reach $0.00002026. On the other hand, the decreasing volumes in meme coins can put the SHIB coin at $0.00001139, making an average of $0.000015825.
| Shiba Inu Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2024 | 0.00001139 | 0.000015825 | 0.00002026 |
Shiba Inu Coin Price Prediction 2025
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 |
Shiba Inu Coin Price Prediction 2026 – 2030
| 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 |
Shiba Inu Price Prediction 2026:
Initially, the Price Prediction for 2026 suggests prices will range from 0.00005188 to 0.00006392, settling at an average of roughly 0.0000579.
Shiba Inu Price Prediction 2027:
Subsequently, Shiba Inu 2027 Prediction indicates the price might oscillate between 0.00007925 to 0.00009784, averaging notably at approximately 0.000088545.
SHIB Price Prediction 2028:
Furthermore, the Shiba Inu Price Prediction 2028 projects values between 0.00010662 to 0.0001253, converging around an average of 0.00011596.
SHIB Price Prediction 2029:
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.
SHIB Coin Price Prediction 2030:
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.
Shiba Inu Price Prediction 2023 – 2030
CoinPedia’s Shiba Inu Price Prediction
Undeniably, the Shiba Inu price prediction reveals it’s down over 92% 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 $0.0000080 breakout, SHIB might soar to promising highs of $0.00001169 by the end of 2023.
Conversely, on the downside, if this meme coin dives below the trendline, SHIB prices could plummet to a mere $0.0000050.
Additionally, we anticipate the BTC price to carve a new pinnacle, reaching $0.00001690 by 2023.
| Shiba Inu Price Prediction | Potential Low ($) | Potential Average Price ($) | Potential High ($) |
| 2023 | 0.0000050 | 0.000011 | 0.00001690 |
Market Analysis
| Firm Name | Shiba Inu Price Prediction 2023 | Shiba Inu Price Prediction 2024 | Shiba Inu Price Prediction 2025 |
| CoinCodex | $0.00001770 | $0.00006038 | $0.00002762 |
| Gov.Capital | $0.00004255 | $0.000054051. | $0.0001058 |
| DigitalCoinPrice | $0.0000171 | $0.0000291 | $0.0000281 |
Shiba Inu Historical Market Sentiments
FAQs
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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#CryptocurrencyPricePrediction #PricePrediction [Source: Coinpedia]