What to Expect for Shiba Inu (SHIB) Price in 2025-2030 Following the Shibarium Launch?
The price of the Shiba Inu (SHIB) token has dropped by almost 11.58% in recent weeks, trading at the price of $0.00001009, well below its previous highs on the charts. Over the past month alone, SHIB has dropped by almost 24.75%, which has corresponded to a larger market decline with the global crypto-market cap falling by around 4% over the last few weeks. However, the arrival of Shibarium might potentially mark a new era for Shiba Inu. The project announced the public beta launch of Shibarium last week, which is expected to push SHIB’s price in the future. The platform also supports the Shiba Inu Incubator, facilitating a large group of creative digital artists who bring forth an experience of what feels like a decentralized movement. In early August, the Shiba Inu Ecosystem announced on Twitter the name of the Shib CCG game, Shiba Eternity, and on 17 September the game was launched in Australia and plans to venture into other countries. The community is also involved in rescuing real Shiba Inu dogs through its association with the NGO named Shiba Inu Rescue Association. However, skeptics are unsure of the future of cryptocurrency and memecoins, in particular, as they do not have use cases. The community has demanded that SHIB be listed on Robinhood Markets Inc., which hit an ATH of $0.00008845 in late-October 2021. During the crypto-bloom of 2021, SHIB’s price continued to soar and hit 0.00003503 in mid-May. When the cryptocurrency market crashed during Q2 of 2022, SHIB’s market price also continued to fall. Its April 2022 price of 0.000026 fell to a little below $0.000008 by mid-June 2022. Different analysts predict that SHIB could go as high as $0.00005048 and as low as $0.00004183 by 2025, with its potential ROI for the said year predicted to be 322%, with its average price remaining $0.00004335. In contrast, Telegaon is not hopeful about its price rise in 2022 but expects SHIB to reach its new ATH by 2030.