Shiba Inu Price Prediction 2023-2030: Will SHIB Price Hit $0.0000217139 Soon?

Shiba Inu (SHIB) is a meme token that took the cryptocurrency space by storm. It is called “DOGECOIN KILLER” by its community and other crypto users. It was launched on the Ethereum blockchain as an ERC-20 token.

Shiba Inu investors are bullish on the token since it has had a return on investment (ROI) of over 146000 times in the past 2 years. The recent crypto winter in the first half of 2022 led to a dip in the price of SHIB after it attained a present all-time high (ATH) price of $0.00008845 in October 2021. Hence,  Ethereum whales have increased their investment in SHIB in the past few months.

If you are interested in the future of Shiba Inu (SHIB) and would want to know the price Analysis and price prediction of SHIB for 2023, 2024, 2025, 2026, up to 2030, keep reading this Coin Edition article.

Table of contents

  • What is Shiba Inu (SHIB)?
  • Analysts’ View on Shiba Inu (SHIB)
  • Shiba Inu (SHIB) Current Market Status
  • Shiba Inu (SHIB) Price Analysis 2023
    • Shiba Inu (SHIB) Price Analysis – Keltner Channel
    • Shiba Inu (SHIB) Price Analysis – Relative Strength Index
    • Shiba Inu (SHIB) Price Analysis – Moving Averages
  • Shiba Inu (SHIB) Price Prediction 2023
    • Shiba Inu (SHIB) Price Prediction – Resistance and Support Levels
  • Shiba Inu (SHIB) Price Prediction 2024
  • Shiba Inu (SHIB) Price Prediction 2025
  • Shiba Inu (SHIB) Price Prediction 2026
  • Shiba Inu (SHIB) Price Prediction 2027
  • Shiba Inu (SHIB) Price Prediction 2028
  • Shiba Inu (SHIB) Price Prediction 2029
  • Shiba Inu (SHIB) Price Prediction 2030
  • Shiba Inu (SHIB) Price Prediction 2040
  • Shiba Inu (SHIB) Price Prediction 2050
  • Conclusion
  • FAQ
  • More Crypto Price Predictions:

What is Shiba Inu (SHIB)?

Shiba Inu (SHIB) was launched in 2020 by an anonymous creator called Ryoshi. Due to the high gas fees associated with the Ethereum blockchain, SHIB developers have migrated to token to other blockchains such as Solana and Binance Smart Chain.

SHIB team has always given made the community know that they are working diligently to ensure that its hodlers are rewarded with good returns. One of such was the launch of its decentralized exchange called Shibaswap and which led to its bullish run in the last quarter of 2021. With the expectations that the effect of Shiberse will be experienced soon after its announcement in January 2022, the SHIB community is bullish on Shiba Inu’s future.

With the impact that the entrance of non-fungible tokens (NFTs) into the cryptocurrency, the launch of the Shiba Inu NFT Incubator on Shibaswap could increase the adoption of more users of the SHIB token.

Analysts’ View on Shiba Inu (SHIB)

Many crypto traders are going bullish on SHIB including this female trader on Twitter. 

Also we can see there are many SHIB coin holders under this crypto analyst tweet. 

And according to this tweet by BSC News, SHIB is one of the major performing memecoin which outperformed BTC and ETH in January. 

Shiba Inu (SHIB) Current Market Status

The total supply of Shiba Inu (SHIB) at the moment is 589,609,030,854,561 SHIB according to CoinMarketCap. At the time of writing, SHIB is trading for $0.00001096 representing a 24-hour increase of 4.23%. The trading volume of Shiba Inu in the past 24 hours is $332,701,282 which represents a 30.81% rise.

Some of the top cryptocurrency exchanges for trading Shiba Inu (SHIB) are Binance, Coinbase, Kucoin, FTX, Gate.io, Kraken, Mexc, and others.

Now that you have known what SHIB is and its current market status, we shall discuss the price Analysis of Shiba Inu (SHIB) for 2023.

Shiba Inu (SHIB) Price Analysis 2023

Currently, SHIB is ranked in the 13th position on CoinMarketCap. Will developments and upgrades within the Shiba Inu community lead to a rising in the price of Shiba Inu (SHIB)? We shall see this in this Coin Edition price Analysis 2023 article.

Shiba Inu (SHIB) Price Analysis – Keltner Channel

SHIB/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

The Keltner Channel is a technical indicator used to identify trends by analyzing the volatility relative to the price movement of an asset. In the case of Shiba Inu (SHIB), the Keltner Channel suggests that the current bearish trend could continue as the recent price action is located in the lower half of the indicator. Moreover, with the last candlestick being bearish, it is possible that the current price increase in SHIB may not be sustained and a reversal may occur in the near future.

Shiba Inu (SHIB) Price Analysis – Relative Strength Index

SHIB/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The RSI of Shiba Inu (SHIB) on a 1-day chart is at 45.99, showing a strong trend in the market. The RSI value between 50 and 30 suggests a potential for a further price increase. However, if more sellers enter the market, SHIB could move into the oversold region, which could increase the price in the future. Investors should wait for a few pullbacks or price retracements before taking their trade to get a trade with lower risk.

Shiba Inu (SHIB) Price Analysis – Moving Averages

SHIB/USDT 1Day Chart Showing 200-MA and 50-MA (Source: Tradingview)

The chart above shows the 1Day chart of Shiba Inu’s 200-day and 50-day Moving Average (MA). Presently, SHIB is on a bullish trend as indicated in the recent uptrend. Since the 50-MA is above the 200-MA, we can deduce the price is bullish for long-term hodlers. 

Also, since the gap between the moving averages is getting narrow and under the recently formed candlesticks, the price of Shiba Inu (SHIB) might experience a sideway in the near future.

Shiba Inu (SHIB) Price Prediction 2023

SHIB/USDT 1Day Chart (Source: Tradingview)

From the chart above, we can observe that the price of Shiba Inu (SHIB) cannot break its current strong high at $0.00001805 and trade between the current support and resistance. At the start of 2023, it broke above the 200-day moving average and is now struggling to stay afloat. If the price is able to stay above its 200-MA, we can see the possibility of it touching the resistance above $0.00001743 soon. 

However, another scenario is that if the price plummets soon, we can see it trading below $0.00000785. 

MonthMinimum PriceAverage PriceMaximum Price
April 20230.00001776200.00001869700.0000196320
May 20230.00001803100.00001896600.0000199010
June 20230.00001845000.00001938500.0000203200
July 20230.00001884000.00001977500.0000207100
August 20230.00001913190.00002006690.0000210019
September 20230.00001955090.00002048590.0000214209
October 20230.00001996990.00002090490.0000218399
November 20230.00002038890.00002132390.0000222589
December 20230.00002077890.00002171390.0000226489

Shiba Inu (SHIB) Price Prediction – Resistance and Support Levels

SHIB/USDT 1Day Chart (Source: Tradingview)

This bullish chart shows that the price of SHIB has increased by 1.97% in the past 24 hours. If this price increase continues, SHIB could break the $0.00001743 resistance1 level and move beyond $0.00001865, and even higher, the bullish signal for 2023.

However, if sellers have their way, the price of SHIB might be dethroned from its present position. In simpler terms, SHIB might trend below the $0.00000743 support level, and even lower in 2023, a bearish signal.

Shiba Inu (SHIB) Price Prediction 2024

Shiba Inu’s (SHIB) price could hold the support level around 200-MA, the long-term moving average of 200 days firmly, buyers will then have ample time and stability to forge the next attack mission on the vital level at $0.0000272008, making it not plummet but play consistently. Additionally, this could only be possible if SHIB breaks through past psychological resistance levels.

MonthMinimum PriceAverage PriceMaximum Price
January 20240.00002258190.00002351690.0000244519
February 20240.00002270090.00002363590.0000245709
March 20240.00002293990.00002387490.0000248099
April 20240.00002324890.00002418390.0000251189
May 20240.00002351790.00002445290.0000253879
June 20240.00002393690.00002487190.0000258069
July 20240.00002432690.00002526190.0000261969
August 20240.00002461880.00002555380.0000264888
September 20240.00002503780.00002597280.0000269078
October 20240.00002545680.00002639180.0000273268
November 20240.00002587580.00002681080.0000277458
December 20240.00002626580.00002720080.0000281358

Shiba Inu (SHIB) Price Prediction 2025

Shiba Inu (SHIB) prices might grow past $0.0000326877 during the next three years. Furthermore, hitting this level might not be so tough for SHIB due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, SHIB has a strong chance of reaching a new all-time high (ATH) price.

MonthMinimum PriceAverage PriceMaximum Price
January 20250.00002806880.00002900380.0000299388
February 20250.00002818780.00002912280.0000300578
March 20250.00002842680.00002936180.0000302968
April 20250.00002873580.00002967080.0000306058
May 20250.00002900480.00002993980.0000308748
June 20250.00002942380.00003035880.0000312938
July 20250.00002981380.00003074880.0000316838
August 20250.00003010570.00003104070.0000319757
September 20250.00003052470.00003145970.0000323947
October 20250.00003094370.00003187870.0000328137
November 20250.00003136270.00003229770.0000332327
December 20250.00003175270.00003268770.0000336227

Shiba Inu (SHIB) Price Prediction 2026

Shiba Inu (SHIB) prices might grow past $0.0000426666 during the next four years. Furthermore, hitting this level might not be so tough for SHIB due to new medium, short-term, and long-term price objectives for purchase or sell orders, may be discovered. According to the forecast, SHIB has a strong chance of reaching a new all-time high (ATH) price.

MonthMinimum PriceAverage PriceMaximum Price
January 20260.00003355570.00003449070.0000354257
February 20260.00003474570.00003568070.0000366157
March 20260.00003498470.00003591970.0000368547
April 20260.00003529370.00003622870.0000371637
May 20260.00003798370.00003891870.0000398537
June 20260.00003840270.00003933770.0000402727
July 20260.00003879270.00003972770.0000406627
August 20260.00003908460.00004001960.0000409546
September 20260.00003950360.00004043860.0000413736
October 20260.00003992260.00004085760.0000417926
November 20260.00004134160.00004227660.0000432116
December 20260.00004173160.00004266660.0000436016

Shiba Inu (SHIB) Price Prediction 2027

Shiba Inu (SHIB) prices might grow past $0.0000526455 during the next five years. Furthermore, hitting this level might not be so tough for SHIB due to new medium, short-term, and long-term price objectives for purchase or sell orders, may be discovered. According to the forecast, SHIB has a strong chance of reaching a new all-time high (ATH) price.

MonthMinimum PriceAverage PriceMaximum Price
January 20270.00004353460.00004446960.0000454046
February 20270.00004472460.00004565960.0000465946
March 20270.00004496360.00004589860.0000468336
April 20270.00004527260.00004620760.0000471426
May 20270.00004796260.00004889760.0000498326
June 20270.00004838160.00004931660.0000502516
July 20270.00004877160.00004970660.0000506416
August 20270.00004906350.00004999850.0000509335
September 20270.00004948250.00005041750.0000513525
October 20270.00004990150.00005083650.0000517715
November 20270.00005132050.00005225550.0000531905
December 20270.00005171050.00005264550.0000535805

Shiba Inu (SHIB) Price Prediction 2028

Shiba Inu (SHIB) prices might grow past $0.0000812355 during the next six years. Furthermore, hitting this level might not be so tough for SHIB due to new medium, short-term, and long-term price objectives for purchase or sell orders, may be discovered. According to the forecast, SHIB has a strong chance of reaching a new all-time high (ATH) price.

MonthMinimum PriceAverage PriceMaximum Price
January 20280.00005351350.00005444850.0000553835
February 20280.00005470350.00005563850.0000565735
March 20280.00005709350.00005802850.0000589635
April 20280.00006018350.00006111850.0000620535
May 20280.00006287350.00006380850.0000647435
June 20280.00006706350.00006799850.0000689335
July 20280.00006745350.00006838850.0000693235
August 20280.00007037250.00007130750.0000722425
September 20280.00007079150.00007172650.0000726615
October 20280.00007498150.00007591650.0000768515
November 20280.00007640050.00007733550.0000782705
December 20280.00008030050.00008123550.0000821705

Shiba Inu (SHIB) Price Prediction 2029

Shiba Inu (SHIB) prices might grow past $0.0001098255 during the next seven years. Furthermore, hitting this level might not be so tough for SHIB due to new medium, short-term, and long-term price objectives for purchase or sell orders, may be discovered. According to the forecast, SHIB has a strong chance of reaching a new all-time high (ATH) price.

MonthMinimum PriceAverage PriceMaximum Price
January 20290.00008210350.00008303850.0000839735
February 20290.00008329350.00008422850.0000851635
March 20290.00008568350.00008661850.0000875535
April 20290.00008877350.00008970850.0000906435
May 20290.00009146350.00009239850.0000933335
June 20290.00009565350.00009658850.0000975235
July 20290.00009604350.00009697850.0000979135
August 20290.00009896250.00009989750.0001008325
September 20290.00009938150.00010031650.0001012515
October 20290.00010357150.00010450650.0001054415
November 20290.00010499050.00010592550.0001068605
December 20290.00010889050.00010982550.0001107605

Shiba Inu (SHIB) Price Prediction 2030

Shiba Inu (SHIB) prices might grow past $0.0001384155 during the next eight years. Furthermore, hitting this level might not be so tough for SHIB due to new medium, short-term, and long-term price objectives for purchase or sell orders, may be discovered. According to the forecast, SHIB has a strong chance of reaching a new all-time high (ATH) price.

MonthMinimum PriceAverage PriceMaximum Price
January 20300.00011069350.00011162850.0001125635
February 20300.00011188350.00011281850.0001137535
March 20300.00011427350.00011520850.0001161435
April 20300.00011736350.00011829850.0001192335
May 20300.00012005350.00012098850.0001219235
June 20300.00012424350.00012517850.0001261135
July 20300.00012463350.00012556850.0001265035
August 20300.00012755250.00012848750.0001294225
September 20300.00012797150.00012890650.0001298415
October 20300.00013216150.00013309650.0001340315
November 20300.00013358050.00013451550.0001354505
December 20300.00013748050.00013841550.0001393505

Shiba Inu (SHIB) Price Prediction 2040

According to our long-term Shiba Inu price estimate, Shiba Inu prices could reach a new all-time high this year. If the current growth rate continues, we could anticipate an average price of $0.0003321972000 by 2040. If the market becomes bullish, the price of Shiba Inu may increase beyond our 2040 forecast.

Minimum PriceAverage PriceMaximum Price
$0.0002325380400$0.0003321972000$0.0003454850880

Shiba Inu (SHIB) Price Prediction 2050

According to our Shiba Inu forecast, the average price of Shiba Inu in 2050 might be above $0.0007308338400. If more investors are drawn to Shiba Inu between these years, the price of Shiba Inu in 2050 could be far higher than our projection.

Minimum PriceAverage PriceMaximum Price
$0.0005115836880$0.0007308338400$0.0007600671936

Conclusion

As said above, Shiba Inu might reach $0.00005 in 2023 and $0.0001384155 by 2030 if investors have decided that SHIB is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is Shiba Inu (SHIB)?

Shiba Inu is a meme token with the symbol SHIB.

How to buy Shiba Inu Token?

Like other cryptocurrencies, Shiba Inu (SHIB) can be traded in cryptocurrency exchanges like Binance, Coinbase, Kucoin, Gate.io, Kraken, and others.

Will Shiba Inu surpass its present ATH?

Shiba Inu has a low possibility of surpassing its present all-time high (ATH) price of $0.00008845 in 2025.

When was Shiba Inu launched?

It was launched in the second half of 2020.

What will be the Shiba Inu (SHIB) price by 2023?

Shiba Inu’s (SHIB) price is expected to reach $0.00007 by 2023.

What will be the Shiba Inu (SHIB) price by 2024?

Shiba Inu’s (SHIB) price is expected to reach $0.00009 by 2024.

What will be the Shiba Inu (SHIB) price by 2025?

Shiba Inu’s (SHIB) price is expected to reach $0.0000326877 by 2025.

What will be the Shiba Inu (SHIB) price by 2026?

Shiba Inu’s (SHIB) price is expected to reach $0.0000426666 by 2026.

What will be the Shiba Inu (SHIB) price by 2027?

Shiba Inu (SHIB) price is expected to reach $0.0000526455 by 2027.

What will be the Shiba Inu (SHIB) price by 2028?

Shiba Inu (SHIB) price is expected to reach $0.0000812355 by 2028.

What will be the Shiba Inu (SHIB) price by 2029?

Shiba Inu (SHIB) price is expected to reach $0.0001098255 by 2029.

What will be the Shiba Inu (SHIB) price by 2030?

Shiba Inu (SHIB) price is expected to reach $0.0001384155 by 2030.

What will be the Shiba Inu (SHIB) price by 2040?

Shiba Inu (SHIB) price is expected to reach $0.0003321972000 by 2040.

What will be the Shiba Inu (SHIB) price by 2050?

Shiba Inu (SHIB) price is expected to reach $0.0007308338400 by 2030.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

More Crypto Price Predictions:

  • Stellar (XLM) Price Prediction: Will XLM reach $0.5 Soon?
  • Cosmos (ATOM) Price Prediction: Will ATOM reach $40 Soon?
  • Ethereum (ETH) Price Prediction: Will ETH reach $5000 Soon?
  • Avalanche (AVAX) Price Prediction: Will AVAX reach $120 Soon?
  • Ethereum Classic (ETC) Price Prediction: Will ETC reach $70 Soon?

Comments

Post a Comment

Popular posts from this blog

Crypto market ‘dramatically underestimates’ bullishness of spot Bitcoin ETFs

Image
“It’s reckless not to aggressively accumulate BTC at current levels,” K33 senior analyst Velte Lund said in a recent report. The potential of a spot Bitcoin (BTC) exchange-traded fund (ETF) approval to drive prices up is dramatically underestimated by the crypto market , claim analysts from crypto research firm K33 — formerly Arcane Research.  In a Sept. 5 market report, K33 senior analyst Vetle Lunde and vice president Anders Helseth said the last three months had greatly improved the chances of a spot Bitcoin ETF approval despite the sentiment not being reflected in the price of Bitcoin or other mainstay crypto assets. The analysts explained while Bitcoin had all but given up its gains in the wake of Grayscale’s legal victory over the Securities and Exchange Commission — an approval would “attract enormous inflows” and significantly increase buying pressure for Bitcoin. Bitcoin returned its gains in the wake of Grayscale's victory. Source: K33 Research However, the downside of ...
Read more

Crypto Bias Blocks People from Seeing Coinbase as Goldman 2.0: Bitwise CEO

In a recent tweet, Hunter Horsley, CEO of Bitwise Asset Management, shared his frustration with the poor attention given to the US-based crypto, Coinbase, claiming that people are “sleeping” on the crypto business. Horsley argued that while big banks like Goldman Sachs attempt to avoid a “slow death” by investing in technology, APIs, and retail services, Coinbase has already achieved what many banks strive to attain. He points out that the exchange has an exceptional institutional team with 25% of the most significant hedge funds as clients, over 50% institutional volume, and a suite of first-class tech products. The Bitwise CEO also claimed that Coinbase co-invented the USDC payment rail, facilitating $2 trillion in transfers in 2022 Q4 alone. Rant — People are sleeping on Coinbase. Big banks like GS are working to avoid slow death by getting into technology, APIs (Apple deal), more retail services (Marcus), while grappling with the heft of legacy biz, rate exposure, ...
Read more

Komodo (KMD) Price Prediction 2023-2030: Will KMD Price Hit $ 0.7 Soon?

Image
Bullish Komodo (KMD) price prediction ranges from $0.4 to $0.7 Analysis suggests that the KMD price might reach above $0.68. The KMD bearish market price prediction for 2023 is $0.1775. What is Komodo (KMD)? Komodo is an open-source technology provider that provides the infrastructure and tools for the new decentralized financial system. With Komodo, anyone has the capability of launching a branded decentralized exchange, cross-protocol financial applications, and independent blockchains.   The project’s flagship end-user application is Komodo Wallet (formerly AtomicDEX). It is a non-custodial multi-coin wallet, crypto bridge, and DEX rolled into one app. Being compatible with 99% of cryptocurrencies, Komodo Wallet offers the widest cross-chain, cross-protocol trading support of any decentralized exchange. Komodo Wallet’s DEX feature is built using a peer-to-peer (P2P) atomic swap protocol with decentralized order books. Developers use ...
Read more