Shiba Inu Price Prediction 2024 – 2030: Will SHIB Price Hit $0.00005 This Bull Run?

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The post Shiba Inu Price Prediction 2024 – 2030: Will SHIB Price Hit $0.00005 This Bull Run? appeared first on Coinpedia Fintech News

Story Highlights

  • The live price of SHIB memecoin is  $ 0.00002513
  • SHIB token price could reach a maximum of $0.00003965 in 2024.
  • Shiba Inu price, with a potential surge, could go as high as $0.000321 by 2030.

With increasing volatility in the crypto market, the meme coins are ready to spearhead the next bull run in the altcoins. However, the second biggest meme coin, Shiba Inu, shows a volatile price range and massive movement on either side.

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 – 2030  to address these pressing queries.

Overview

Cryptocurrency Shiba Inu
Token SHIB
Price  $ 0.00002513 11.80%
Market Cap  $ 14,809,319,568.9152
Trading Volume  $ 6,281,761,658.7373
Circulating Supply  589,260,637,785,884.6250
All-time High $0.00008845 Oct 28, 2021
All-time Low $0.0…08165 Sep 01, 2020
24 High Coming soon
24 Low Coming Soon

Shiba Inu Coin Price Projection November 2024

Amid increased price volatility in the crypto market, the SHIB memecoin has added 48.92% within the past week but has added ~41% over the past month. Notably, with a market capitalization of $14.756 billion, this memecoin has secured the 10th position in the global cryptocurrency list.

Shiba Inu Price Prediction 11th November 2024
TradingView: SHIB/USDT

Suppose the market records increased bullish sentiment during November. This could result in the second largest memecoin reaching its resistance level of $0.00003080. Conversely, a bearish action could pull the price toward its low of $0.00001700.

Month Potential Low Potential Average Potential High
November $0.00001700 $0.00002390 $0.00003080

SHIB Price Prediction 2024

Currently, Shiba Inu’s price is in a heavily pressured correction phase, and the buyers are struggling to regain control of the market recovery. 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 $0.00002500, it could reach the target of $0.00003965 in 2024. Yet, if the SHIB price reverses, it undoubtedly could drop to $0.0000165. Overall, the outlook for SHIB is positive, although there is still some risk of a decline.

Year Potential Low Potential Average Potential High
2024 $0.0000165 $0.00002807 $0.00003965

SHIB Price Prediction 2025

The price of SHIB could reach $0.00006392 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 $0.00004201. 

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 $0.0000201.

Year Potential Low Potential Average Potential High
2025 0.0000201 0.00004201 0.00006392

Also, read Dogecoin (DOGE) Price Prediction 2024 – 2030

Shiba Inu Coin Targets 2026 – 2030

Year Potential Low ($) Potential Average ($) Potential High ($)
2026 0.0000286 0.00006312 0.00009784
2027 0.0000369 0.0000811 0.0001253
2028 0.0000417 0.0001060 0.0001703
2029 0.0000550 0.000132 0.000210
2030 0.0000680 0.000194 0.000321

Shiba Inu Price Prediction 2026

The price forecast of Shiba Inu for the year 2026 could range from $0.0000286 to $0.00009784, settling at an average of roughly $0.00006312.

Shiba Inu Coin Price Action 2027

Subsequently, the Shiba Inu 2027 Prediction indicates the price might oscillate between $0.0000369 to $0.0001253, averaging notably at approximately $0.0000811.

Shiba Inu Memecoin Price Forecast 2028

Furthermore, the SHIB Price 2028 projects values between $0.0000417 and $0.0001703, converging around an average of $0.0001060.

SHIB Coin Price Targets 2029

Then, by 2029, CoinPedia’s SHIB Price envisions the coin’s value to lie between $0.0000550 to $0.000210, with a centered average of about $0.000132.

SHIB Coin Price Prediction 2030

Lastly, approaching 2030, the SHIB price could bounce between $0.0000680 to $0.000321, culminating at an average estimate of roughly $0.000194.

Shiba Inu Price Prediction 2024 – 2030

Shiba Inu Price Prediction 2024 - 2030

Market Analysis

Firm Name 2024 2025 2030
Wallet Investor $0.0000220 $0.0000319
priceprediction.net $0.000017 $0.000024 $0.000146
DigitalCoinPrice $0.0000275 $0.0000351 $0.000103

*The targets mentioned above are the average targets set by the respective firms.

CoinPedia’s Shiba Inu Price Prediction

As highlighted above, CoinPedia’s insight into Shiba Inu’s future remains bullish. Surprisingly, with the $0.00002500 breakout, SHIB might soar to promising highs of $0.00003965 this year.

Conversely, on the downside, if this meme coin dives below the trendline, SHIB prices could plummet to a mere $0.0000165.

Additionally, we anticipate the SHIB price to carve a new pinnacle, reaching $0.00003965 in 2024.

Year Potential Low Potential Average Potential High
2024 $0.0000165 $0.00002807 $0.00003965

Check out: Floki Price Prediction 2024-2030

Shiba Inu (SHIB) Historical Performance

SHIB price history

FAQs

How high will Shiba Inu go in 2025?

By 2025, our price prediction forecasts that the Shiba coin price could be worth $0.00006392. With a potential surge, the price may go as high as $0.000321 by the end of 2030.

How much will Shiba be in 5 years?

As per the Shiba Inu price forecast, Shiba Inu’s price may trade at an average of $0.000210 for the year 2029.

Is Shiba Inu good for the future?

With the coming updates and strong community, Shiba Inu remains a strong candidate in the crypto world.

will Shiba Inu coin reach $1?

As per our current price forecast, Shiba Inu can be bullish for the coming years but the jump to $1 seems a stretch.

How high Shiba Inu can go?

If the impact of the last halving is anything to go by, Shiba (SHIB) could easily rally to over $0.00006392 in 2025.

Can Shiba Inu reach .001 cents?

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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