SHIB is Predicted to rise by 30% by December


Shiba Inu Price Prediction: Shiba Inu price is likely to rise 27% by December 2022, 158% by 2025, and 1491% by 2030

Latest Price of Shiba Inu

Shiba Inu Price Prediction: History

Shiba Inu started after the success of Dogecoin, it is believed to be launched to mock Dogecoin (since it was a meme coin), it is also believed to be dubbed as the ‘Dogecoin Killer’. Since Dogecoin became popular as a meme coin, the founders decided to put the face of a dog’s breed and decided to start a coin. However, the success of Shiba Inu was huge which resulted in more knockoffs in the crypto market such as Elons rabbit, Baby Mon Floki, et cetera. However, it is believed that SHIB really took off after it launched its Decentralized Exchange platform. From time to time, Shiba Inu has achieved new heights and will continue to do so, it is predicted to reach $0.25 by the end of 2030 which is highly optimistic for any cryptocurrency. However, it should be noted that both the coins like any other meme coin have no utility to provide.

Shiba Inu Price Prediction: Use Cases

The use cases of Shiba Inu have increased, there are many outlets both offline and online that have started to accept SHIB as a form of payment on some if not all of their goods. Shiba Inu’s company is also working on the project to make a SHIB Metaverse which will give some utility to the token, since SHIB will become the native token which can be used to purchase land or earn SHIB by selling it.

SHIBA Inu Predictions

Shiba Inu coin price is likely to rise over the next few years. With substantial efforts by the core team, Shiba Inu is seen differently from other meme coins. While Dogecoin continues to get a leg up from Elon Musk’s encouragement and Baby Doge (up 42% since the Luna Crash) is driven by rampant speculation, Shib has survived the bear market on the basis of multiple developments.

  • Payments – Partnerships (Gucci, Tag Heuer, AMC, Sao Polo FC tec)
  • Rewards (Leash)
  • Bone (Governance Token)
  • Metaverse (Fairly New) – Shib has aggressively moved towards building a Metaverse as most of the cryptocurrencies in that space have lower Market Caps than Shiba Inu. The Metaverse will enable users to conduct commerce using $SHIB. This looks promising but it is early days of execution as of now. The company has begun execution by auctioning Metaverse Land
  • Shibaswap (DeFi platform)
Market Cap: $ 5.9 Billion
Rank: 14th
Coins that are like Shiba Inu: Dogecoin, Dogelon Mars, Also called Memecoins
Predominant Value: Accepted for payments by many well-known brands
Our rating on Differentiation: 5/10 where 10 is Highly Differentiated, 1 is Not at all Differentiated

Shiba Inu Price Prediction 2022, 2025, 2030

Forecast
Shiba Inu Price Prediction 2022 $0.000013
Shiba Inu Price Prediction 2025 $0.000028
Shiba Inu Price Prediction 2030 $0.00017

Shiba Inu Price Prediction: Quarterly Forecasts

Month Forecast
September 2022 $0.000015
December 2022 $0.000014
March 2023  $0.000015
June 2023 $0.000017

What is Shiba Inu Coin and how does it derive value?

  • Shiba Inu is an Ethereum-based cryptocurrency introduced as an alternative to Dogecoin. It was created in the year 2020 by an anonymous person name “Ryoshi”
  • The Shiba Inu token started with a supply of 1 quadrillion SHIB. 50% of the supply was locked in Uniswap and the other half was burned the other half to Ethereum co-founder Vitalik Buterin for safekeeping.
  • The demand for Shiba Inu coins comes from
    • Payments: Increasingly a wide range of companies accept Shiba Inu – AMC, Gucci etc
    • Shiba Inu In Metaverse: Shiba Inu became the latest player to enter the world of the metaverse. Shiba Inu began to sell land parcels in its metaverse.
    • Shibswap: Shiba Inu ecosystem comprises three different coins, Shib, Bone, and Leash. These three tokens come together to create Shibswap.
    • Shibarium: Shiba Inu is set to introduce its own blockchain-like transaction system Shibarium. Recently a test run of Shibarium was done which led to a massive spike in the price of Shib tokens. Once Shibarium becomes public, Shiba Inu will no longer depend on the Ethereum platform to complete its transaction. This will reduce the gas fees that ETH charges other tokens to run and operate on their platforms.
    • Doggy Dao: Shiba Inu makers have recently launched the first phase of Doggy DAO.
10k Jackpot NewSizes EH 07 3

Shiba Inu Coin Price in 2022

On YTD basis, Shiba Inu price performance is on par with Ethereum while trailing Dogecoin and Bitcoin. Dogecoin’s lead comes from a January tweet by Elon Musk

However, Shib and Doge have stayed on par for the rest of the months even as SHIB scaled up their plans into Metaverse and Layer-1 Blockchain (Read details later)

SHIB BTC Doge ETH
5 Days -4.2% +4.4% -4.2% +25.0%
YTD -67.7% -55.5% -62.6% -62.8%

While the community is a huge factor, the volume impact on Shiba Inu Price has been marginal at best. Shib continued to rise even as volumes fell over the last 3 weeks.

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SHIB Price Prediction: 2022 – 2030

Year Forecast
2022 $0.000014
2023 $0.000017
2024 $0.000022
2025 $0.000029
2026 $0.000037
2027 $0.000061
2028 $0.000088
2029 $0.000130
2030 $0.000176

Read about Dogecoin Price Prediction here

Shiba Inu Coin Price Prediction: Will Shiba go back up?

The likelihood of Shiba going back up is contingent on the following micro and macro factors

  • Proven performance (no promises) on Shiba’s development plans – Shibarium, Metaverse, and such
  • Burn rate that should be at a higher pace than current
  • US Inflation rate is beginning to fall and the Fed is signaling that it won’t increase interest rate anymore

Shiba Inu Price Prediction: When will Shiba Inu go up?

Our estimate from all the available data is that US Inflation is like to retreat from July or August, so it is likely that Shiba Inu price will go up anytime after August 2022

Can Shiba Inu reach 1 cent?

If Shiba Inu price can rise at an annual rate of 10% and Burn 50% of the Coins, SHIB can reach 1 cent in about 25 years. Read our detailed analysis here

Shiba Inu Coin Price Prediction: What are the Risks of Investing in Shiba Inu?

Investing in Cryptocurrencies is not for the faint-hearted. Altcoins (any coin other than Bitcoin) are very volatile and could swing 5-10% every day for days together. So, if you are uncomfortable with that kind of volatility, Shiba Inu is not appropriate for you.

Some of the best-performing cryptocurrencies in 2022 were very differentiated from the rest. That aside, Shiba Inu was not a fully differentiated cryptocurrency at the time of launch. While it is differentiating itself now, that is still a work in progress. If SHIB fails to differentiate itself sufficiently, new investors are likely to invest in cryptos that quite different from the others.

A few weeks ago, Shiba Inu’s mysterious founder Ryoshi recently deleted his social media presence and wrote a blog on medium asking the leader developer Shytoshi to focus on the project. While this had no impact on the price, it is important to be aware of this.

JUST IN: Shiba Inu founder to Shytoshi Kusama: “Please, don’t say worthless nonsense. Focus on Shib.”

CONFIRMED: This blog post has since been deleted.

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Shiba Inu Forecast, compared with other leading coins, 2022, 2025, 2030

Price Today % Increase in 2022 % Increase in 2025 % Increase in 2030
Bitcoin $21,378 37% 195% 1998%
Ethereum $1427 34% 171% 1869%
Solana $41 39% 179% 1605%
Cardano $0.4632 32% 168% 1636%
Shiba INU $0.000011 27% 158% 1491%
Dogecoin $0.0655 37% 165% 1732%
XRP $0.3603 34% 152% 1643%

What is Shiba Inu Price Prediction?

Shiba Inu Price Prediction follows a comprehensive approach to forecasting Shiba Inu prices over the next few hours, next few days, months, and years. The approach includes considering the following variables – Technicals, Value Provided by the Crypto, Historic Performance, Social Media Sentiment, Whale Behaviour, and Google Search Trends. Forecasts are generally accurate in the short run and become much more precise in the short run. We also consider other factors like community engagement as well as macroeconomic factors like inflation, money supply, and Federal reserve action

Should you own more than one Memecoin?

We have observed that all the cryptocurrencies in a category follow a similar pattern if not the same. So perhaps from a diversification perspective, it makes sense to own 1 or a maximum of 2 Memcoins.

Shiba Inu or dogecoin which one is better?

Dogecoin has outperformed Shiba Inu this year. Doge has done quite well on payment partnerships so it does have some intrinsic value and relies a lot on Elon Musk pumping the coin. Dogecoin is therefore likely to perform better than Shiba Inu when the markets are down. However, when the markets improve, SHIB would be better placed to outperform Dogecoin.

Who are Shiba Inu Whales?

Shiba Inu Whales purchase and own large quantities of Shiba Inu Tokens and hence called as such. While the media covers Whale behavior significantly, there is little evidence that influences the price beyond a few minutes or a couple of hours.

Shiba Inu Latest Tweets:

Shiba Inu Price Prediction: Current Outlook

Indicator Trend
Overall Outlook





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