If you’re someone at least somewhat interested in cryptocurrencies, you’ve undoubtedly heard about Shiba Inu (SHIB). It is one of the most popular cryptocurrencies on the market, and many investors are attracted to this dog-themed meme coin. The reason for this is Shiba Inu’s wide availability and low price, which makes this cryptocurrency the ideal investment opportunity.
Even though many enthusiasts invested in SHIB, hoping to make a quick buck from the coin’s sudden rise, Shiba Inu’s future status remains unknown.
On the one hand, some investors believe this meme coin will never rise above its near-zero utility. On the other hand, Shiba Inu’s developers have been working hard to change the global perception of this coin, which is currently the 14th-largest cryptocurrency.
Whether you’ve already invested in SHIB or planning to, looking at long-term Shiba Inu predictions is never a bad idea. From reviewing SHIB’s price performance in the past to analyzing SHIB’s price predictions for the future, here you’ll find everything related to Shiba Inu for 2022–2030.
About Shiba Inu Coin
When the famous Dogecoin (DOGE) launched in 2013, no one believed it would achieve any success. However, Dogecoin started a unique category of meme crypto coins which can now be even more profitable than some other coins with standard use cases.
After the success of DOGE, many enthusiasts wanted to start their coin in the cryptocurrency world. One of them was the Shiba Inu coin, launched in August 2020. As you can probably guess, the Shiba Inu coin follows a similar concept to Dogecoin since it’s based on the Shiba Inu dog breed – a well-known meme in the online community.
Similarly to other crypto coins themed around Shiba Inu, SHIB also gained popularity and attracted the attention of many worldwide investors.
The Shiba Inu coin is built on the Ethereum (ETH) network, and its native token is SHIB, an ERC-20 token. The SHIB coin developed from the decentralized meme token into an ecosystem that includes BONE and LEASH tokens.
Today, the network of Shiba Inu has more to offer than a simple meme crypto coin. Namely, the network also has a decentralized exchange (DEX) under ShibaSwap. There’s also a non-fungible token (NFT) incubator called the Shiba Incubator.
In addition, the people behind Shiba Inu also created a non-profit volunteer organization, the Shiba Inu Rescue Association, designed to save abused, neglected, and abandoned Shiba Inu dogs. All these features influence the Shiba Inu Price Prediction both for short-term and long-term investment plans.
Shiba Inu coin price prediction for 2022-2030
At the time of its launch in August 2020, SHIB was trading at around $0.0000000001. A noticeable increase happened in May 2021 when the token hit $0.00038 after being enlisted by the crypto exchange FTX. In October 2021, the Shiba Inu token gained more than 800% and reached its all-time high of $0.00008845.
SHIB is trading almost 90% below its all-time high, considering its current price is around $0.00001122. While no one knows precisely what the future holds for the Shiba Inu coin, predictions can help owners of this token make informed decisions.
Predictions for 2022-2023
The Shiba Inu token’s average price is expected to stay at approximately $0,0000826 by the end of 2022. That means the coin will continue its regular movement, and no significant oscillations are expected to happen in 2022.
However, 2023 is expected to bring some changes to the Shiba Inu coin. The average price of the coin can reach anywhere between $0.00017 and $0.000191 in the first half of 2023, while Shiba Inu can reach an impressive average price of $0,00024 in the second half of 2023.
Several other sources also agree Shiba Inu coin will continue to grow during 2022 and 2023, with slight differences in price prediction data.
Predictions for 2024-2025
Moving on to 2024, Shiba Inu has a prospective future ahead. This source predicts that SHIB can be worth around $0,000292 at the beginning of 2024, while that amount can quickly jump to $0,000309 by the end of the same year.
The price growth isn’t expected to slow down in 2025, either. In fact, Shiba Inu could reach $0,000373 by the end of 2025. Other experts agree with these predictions too. Some sources think SHIB could be worth $0,0000846 or $0,000109 by the end of 2024, but that price could increase to $0,000100 or $0,000164 in 2025.
Even though the exact coin price predictions for 2024 and 2025 vary from source to source, most experts agree Shiba Inu will grow in price over the next few years.
Predictions for 2030
While most of the Shiba Inu coin predictions are optimistic, it’s impossible to predict its value for 2030. Considering 2030 is such a long-term period, numerous unpredictable factors can affect the coin’s worth.
Nevertheless, sources agree the price of Shiba Inu could go up to $0,000577 by 2030. For instance, Digital Coin Price predicts that SHIB could reach $0,00431 by the end of 2030, allowing Shiba Inu investors to earn some money. Although long-term forecasts have to be taken with a grain of salt, many believe Shiba Inu will take over Dogecoin because of a lower supply.
Final Thoughts
Shiba Inu is one of the more popular meme coins currently available in cryptocurrency. While it’s still not as valuable as Dogecoin, some professionals agree that Shiba Inu has the potential to make it big in the future. By understanding the coin’s core features and price predictions, investors can make smarter choices when putting their money into SHIB.
Smart investments and calculated decisions made successful people achieve their goals and become who they are today. The crypto world is here, showing no sign of going anywhere anytime soon. Therefore, staying up to date with new and exciting cryptocurrencies and future predictions is certainly a smart choice.