Shiba Inu Coin Price Prediction 2023 – 2030

Shiba Inu is one of the most popular meme coins in the market. The self-proclaimed “Dogecoin killer” has proven to be more than just a joke coin. As it attracts more investors, many are trying to decipher the coin’s prospects for the months and years ahead.

In this guide, we’ll present our Shiba Inu price prediction and cover where the market sees the asset going over the short and long term.

Did you know that you can buy SHIB on eToro, one of the best crypto exchanges offering low fees, tight spreads, and copy trading tools?

Shiba Inu Price History

Considered one of the best shitcoins, Shiba Inu was launched on August 1, 2020. The price of one token cost $0.00000000051. At the time, a $100 investment netted a huge 196,078,431,372 SHIB.

Shiba Inu broke into the limelight in April 2021 with the market’s historic high at the time. This created a perfect opportunity for the self-proclaimed “Dogecoin killer” to thrive. Since then, Shiba Inu has become known as one of the most undervalued cryptos on the market.

Binance Listing Boosts SHIB

Price metrics show that SHIB began trading at $0.00001377. The Shiba Inu coin price chart soon got a significant boost when the token was listed on Binance. The listing announcement came on May 10 and sent SHIB’s price surging by roughly 114% in 24 hours.

It is worth noting that SHIB has already received some marketing buzz. Elon Musk tweeted about getting a Shiba Inu dog in March 2021, and famous Wall Street investor Jordan Belfort endorsed the asset in April 2021. Still, the Binance listing was a significant boost for the dog-themed meme coin.

More Marketing Donations and A Major Donation

When Binance listed SHIB, the asset immediately became a global phenomenon. The digital wave caught Wall Street’s attention when Fortune Magazine wrote an article on it, and Ethereum co-founder Vitalik Buterin also made headlines when he donated 50 trillion SHIB to the India COVID Relief Fund.

ShibaSwap Goes Live – And More Functionality News

Looking to capitalize on the buzz, the Shiba Inu developers launched ShibaSwap – a decentralized exchange that gives leading names like UniSwap and Curve Finance a run for their money.

Within 24 hours after its launch, ShibaSwap had accumulated over $1 billion in total assets locked. This cemented SHIBs place as more than just a meme coin.

Another big boost came when Shopping.io announced a partnership with Shiba Inu. Thanks to the partnership, customers could use SHIB as a payment method when purchasing goods from eBay, Walmart, and Amazon.

Coinbase Listing, More Payment News, and Mission Accomplished

By September 2021, many investors had begun to adjust their Shiba Inu coin price forecast as the asset was gaining prominence as one of the best meme coins across the board.

On September 9, Coinbase listed SHIB, bringing the asset the fabled “Coinbase Effect.” The Shiba Inu coin price rose by 5% on the day, and it continued to increase as NowPayments also incorporated the coin as a payment channel for e-commerce platforms.

On November 1, SHIB overtook Dogecoin as the market’s top meme coin. At its all-time high, SHIB reached a price of $0.00008845.

Further reading: Marvin Inu Price Prediction 2022 – 2025

Shiba Inu Price Prediction 2023

Another factor which will play into Shiba Inu’s growth appears to be the token’s entry into the Metaverse. In January 2022, Shiba Inu developers announced they are working on the Shibaverse – an immersive metaverse project for their ecosystem. Not many details about the Metaverse are out yet, but analysts expect this to be a big deal for Shiba Inu.

We’ll discuss this in detail later in this article, but it’s worth noting that the metaverse is a massive undertaking, with different companies already committing funds towards it. JPMorgan, a bank that already has some land in the metaverse, estimates that this new concept could be a trillion-dollar market.

With Shiba Inu taking a slice of this market, we expect it to translate to gains for the coin. In  2023, we estimate the SHIB price could reach $0.000040.

Shiba Inu Price Forecast Long-Term Outlook – 2025 Prediction

Looking at our Shiba Inu coin price prediction 2025, we forecast the digital asset challenging the $0.00010 level. Crypto experts agree that coin prices will grow in the long term, regardless of what happens in the short term. With Shiba Inu being one of the biggest coins in the market, it is sure to benefit from this growth.

Additional use cases, such as its integration into Shibaswap and its application in the Shibaverse, should also bolster SHIB’s price even further. So, according to our Shiba Inu price prediction 2025 a push towards $0.0001 by 2025 seems possible. However, in the event of market consolidation, Shiba Inu could suffer a retrace to a much lower price prediction.

Seeking to break from its social media course of existence, the Shiba Inu team is carving out strong use cases to support its ecosystem’s growth. This is easily visible in its growing business use cases for several companies. A recent announcement by the popular fraud-proof payment network Flexa shows the meme coin’s resolve to break the norm.

Its integration into the Flexa Network would allow SHIB token holders to spend their digital assets across more than 41,000 locations in the US and Canada.

This way, Shiba Inu could be used to foster rapid transaction settlements. Flexa is not the only one making a move, as there are over 600 businesses that have plugged into the Shiba Inu ecosystem. Prominent names like GameStop, GiftChill, Whole Foods, Nordstrom, and several others are enabling payments with the SHIB tokens.

Rapid adoption generally points to a lot of future price gains. This is evident in the largest digital currency, Bitcoin, which enjoys a considerable share of the decentralized payment infrastructure. SHIB’s continued adoption shows a growing bias towards digital assets, which could lead to higher price gains in the coming years.

Fellow Ethereum project Decentraland has carved a strong space for the metaverse ecosystem. So far, the metaverse is drawing not just curious eyes and ears but also colossal investment. Supported by the proliferation of non-fungible tokens (NFTs), the metaverse space is reportedly worth billions of dollars – with more investments expected to push it into the trillion-dollar bracket in the coming years.

Shiba Inu’s current plans to create a digital wonderland for projects and businesses lend it more credence. In its recently released roadmap, the vibrant community of users noted that the metaverse is a promising area they’re eager to explore.

This meme project will soon launch virtual plots called ‘Shiba Lands’. While this is still in the works, the potential ramifications of this launch are not far-fetched. For a start, Shiba Inu would present a viable opportunity for companies to connect to more retail investors via the metaverse. The SHIB token currently trades for peanuts, and the largest pool of holders are retail investors.

This brings more opportunities to interface with this body of investors in a fun-filled, no-bars environment. SHIB would engender an open marketplace for utility purchases as well as the launch of similarly pegged protocols. A suitable instance is Oshiverse which is expected to make Shiba Inu a major project in the crypto space.

The Shiboshi NFT project would likely make a splash here, which is expected to generate more traction for the Ethereum-based protocol. All these are good signs and add optimism to Shiba Inu’s prospects.

Cryptoassets are a highly volatile unregulated investment product. 

Shiba Inu Price Prediction 2030

Looking even further ahead, what does our Shiba Inu coin price prediction 2030 look like? As previously discussed, SHIB’s price will likely be guided by use cases related to its upcoming metaverse project and integration with other networks. However, there are other factors to consider.

Firstly, Elon Musk’s takeover of Twitter has generated massive publicity for meme coins – even if they’re not directly related to Musk himself. This is mainly due to Musk’s previous mentions of Dogecoin, meaning that retail investors now believe he may somehow integrate DOGE (or SHIB) into Twitter.

At present, there is no real foundation for this belief – yet if it did occur, it would add a much-needed use case for SHIB tokens. Moreover, it would significantly increase awareness of the token and likely drive huge value appreciation.

Our Shiba Inu price prediction 2030 also considers adoption by well-known enterprises. For example, an article from TheStreet reported that Google will now accept payment in SHIB for its Google Cloud services through a partnership with Coinbase. This is a significant breakthrough for the Shiba Inu community, with many hoping it paves the way for further adoption.

With all that in mind, our Shiba coin price prediction estimates that the token could be valued at $0.00030. This would represent an increase of over 3,000% from today’s price.

Potential Highs & Lows of Shiba Inu

Meme coins are expected to be a means of onboarding more investors into the crypto space. Shiba Inu fits into both niches making it an intrinsically valuable addition – much like Dogecoin.

The digital asset’s growing use case and innovative approach to integrating new investors is remarkably upbeat. If the best meme coins continue to witness rapid adoption in the coming years, Shiba Inu could see significant price increases.

With that in mind, the table below presents our Shiba coin price prediction for the years ahead:

What is Shiba Inu Used For?

Shiba Inu made a remarkable entrance in 2021, less than a year after launching. The Ethereum-based protocol set out to become Dogecoin’s competitor, with its anonymous creator Ryoshi subtly hinting that Shiba Inu could topple DOGE’s market cap without hitting a cent in value.

Besides being a joke cryptocurrency, Shiba Inu has many use cases. These are detailed below:

Speculation

Crypto-focused investors wondering what to invest in right now may also purchase SHIB for its price potential. As shown in the Shiba Inu price chart below, the SHIB price can be highly volatile – but can also produce returns that investors cannot find elsewhere in the market.

However, it’s important to note that the Shiba Inu price is mainly dictated by ‘hype’ driven through social media. As a result, rapid price decreases are just as common as bull runs – meaning investors must have an appetite for risk to get involved with SHIB investing.

Virtual Currency

Shiba Inu has become a major medium of exchange following its remarkable run of form in 2021, as several businesses have accepted the ‘Dogecoin killer’ for settlements. It is often used for peer-to-peer (P2P) digital payments, and over 650 companies now accept SHIB as payment. With SHIB tokens, holders can easily find a vendor to swap them for real-world assets.

ShibaSwap

Shiba Inu may be a parody coin, but the Dogecoin rival has steadily sought to establish itself outside of the shadow of its more famous competitor. This saw the core development team, famously known as ShibArmy, launch a decentralized exchange (DEX) platform called ShibaSwap.

SHIB, LEASH, and BONE token holders can swap their tokens without a central governing body. DEX platforms are now the rave of the crypto movement, as users can effortlessly exchange decentralized finance (DeFi) tokens with low fees.

In addition, ShibaSwap has since expanded its exchange capabilities and allows other Ethereum-compatible tokens to be swapped on its platform. ShibaSwap is just one of Shiba Inu’s strong voices in a crowded meme coin space.

Shibaverse

The crypto space has largely expanded in the last two years. Several sub-sectors like the DeFi, NFT, and Metaverse ecosystems have seen and are still enjoying massive adoption. Of the three, the Metaverse is generating the most excitement – and several suitors and protocols are tapping into the booming space.

Recognizing the unique potential a virtual world would engender, the Shiba Inu project has since launched its own line of non-fungible tokens (NFTs) to tap into the Metaverse. In a recent release, the joke crypto project acknowledged the growing relevance of the nascent ecosystem while pointing to its intentions.

According to the development team, the SHIB token would play a crucial role in the ‘Shibaverse’. Here, SHIB tokens could facilitate the purchase, sharing, development, and subsequent monetization of ‘Shiba Lands’. This virtual real estate would comprise NFTs and is expected to launch a new wave of excitement around the Shiba Inu project.

Cryptoassets are a highly volatile unregulated investment product. 

How Could SHIB’s Future Utility Affect Price?

This Shiba coin price continues to display high levels of volatility in 2023, most of which is driven by external market events. But how could the coin’s future utility help stabilize price and generate returns for investors?

The main area that Shiba Inu’s team appears to be focusing on is the metaverse. Intending to become one of the best metaverse coins, SHIB’s developers are looking to integrate the token into the ‘SHIB: The Metaverse’ project. This 3D world will feature virtual land and passive income opportunities for users.

Naturally, SHIB will play a vital role in this metaverse, with reports suggesting that a token burn could come into play. Given that there are over 589 trillion SHIB tokens in the supply, this burn could be crucial regarding future price appreciation.

Another factor which could affect the Shiba price is the rumoured Shiba Inu stablecoin. This stablecoin, called SHI, is being created by independent developers, and community members can decide which FIAT currency (or digital currency) it will be pegged to.

Finally, the Shiba Inu stock price will likely be boosted following the release of the eagerly-anticipated layer-2 scaling protocol. Dubbed ‘The Shibarium’, this protocol will probably connect to the Ethereum blockchain and allow SHIB holders to send and receive tokens with incredibly-low fees.

By coming all of these use cases, SHIB could become one of the most promising cryptocurrencies of 2023.

What Drives the Price of Shiba Inu?

Cryptocurrencies are without real-world assets backing their value, which means these blockchain-based assets go through regular price swings. These frequent price changes have seen digital assets battle with volatility.

However, the price inconsistency regarding parody coins is taken up a notch. Most meme coins are primarily driven by social media hype. Public backing by major celebrities and social media personalities has seen meme coins like Shiba Inu surge as much as 21,000% in previous years.

Given this, several analysts believe social media activities largely influence Shiba Inu’s price movement. Bitcoin’s price movements also play a role in its rallies and frequent dips.

However, detailed below are two of the main factors that will likely drive SHIB’s price in the coming years:

Expansion of the Ethereum Network

Any Shiba Inu price prediction in 5 years will need to consider the growth of the Ethereum network. The network is much more appealing to sustainability-focused developers now that Ethereum uses a Proof-of-Stake (PoS) consensus protocol. Moreover, the stage is now set for future upgrades, which will help reduce super-high gas (network) fees.

This is excellent news for the SHIB price, as the more dApps constructed on the Ethereum network, the more possibilities there are for integration. Given SHIB’s popularity with the masses, there’s a high likelihood that dApp developers may be keen to add support for the token.

Popularity of Meme Coins

As more new cryptocurrency projects emerge within the meme coin niche, attention will naturally shift to the first movers in the space – such as Dogecoin and Shiba Inu. Although this may seem like an unlikely scenario given the ongoing ‘crypto winter’, once conditions start to improve, we should see investors happier to take risks on high-potential tokens.

Additionally, the popularity of meme coins could be boosted by Elon Musk’s takeover of Twitter. As noted earlier, many pro-crypto analysts have speculated that Musk might somehow integrate digital currencies into the platform. Given his attraction towards memes, the most likely currencies to be adopted would be DOGE or SHIB – a factor that would help drive substantial price increases.

• Dogecoin Price Prediction
• Cardano Price Prediction

Shiba Inu Video Analysis

Where to Buy Shiba Inu

eToro – Best Place to Buy Shiba Inu with Low Fees

With so many providers, making the right decision can be daunting. Luckily we’ve reviewed dozens of crypto exchanges and brokers and have found eToro to be the top place to buy the best altcoins and other financial assets in 2023.

Shiba Inu is one of the top 15 most valuable crypto assets by market cap. This gives it a strong representation in several cryptocurrency exchanges. If investors want to snap up some SHIB or buy cryptocurrency in general, we recommend the social trading platform eToro.

Founded in 2007, eToro is one of the leading crypto brokerage firms. The crypto-facing broker supports several digital assets, including Shiba Inu. In addition, investors can easily learn, connect, and communicate with other crypto lovers. eToro comes with advanced trading tools, including the CopyTrader and CopyPortfolio functionalities. With eToro’s copy trading tools, investors can gain exposure to the best long-term crypto investments in a hands-off approach to crypto trading.

CopyTrader allows new users to mirror or copy advanced traders’ decisions and strategies easily. This has a positive impact of allowing new users to earn while learning the platform’s ropes.

‘Smart Portoflios’ cater to the investment basket of users. Here, users’ portfolios are automatically diversified across top-performing regions and sectors. These are rebalanced depending on which industry has the highest yield at a given time.

eToro offers competitive rates in terms of fees, with crypto trading set at just 1% per transaction (plus the spread). Users also can deposit for free.

The minimum deposit is relative to the trader’s country of residence. However, US and UK users can get started with as little as $10. Supported payment solutions include bank wire transfers, credit/debit cards, and PayPal, Neteller, and Skrill. For example, with such a wide range of cryptos to choose from. investors could buy Bitcoin with PayPal directly from their smartphone.

eToro is also one of the safest crypto platforms to buy Shiba Inu. Aside from offering industry-standard security, eToro is licensed by the UK’s Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC), and the Financial Industry and Regulatory Authority (FINRA).

Cryptoassets are a highly volatile unregulated investment product.

Is Shiba Inu the Best Cryptocurrency to Buy Now?

While Shiba Inu has proven to be one of the top-performing meme coins in the past few years, some investors have asked if it’s too late to buy Shiba Inu? Alternatively, we recommend FightOut ($FGHT) as one of the hottest cryptocurrency assets to invest in right now.

FightOut (FGHT) – Best Cryptocurrency to Buy Right Now

In its mission to redefine the Move-to-Earn Space, FightOut has created a fitness app to reward users for completing their daily-to-day workouts and other fitness movements.

The project has already witnessed an impressive response from investors and users as it raised over 2.5 million USDT in just a few days of its stage 1 presale launch. Investors have the chance to buy the $FGHT tokens at a relatively low price of 0.0166 USDT per token at press time. With the project’s plan to continue with CEX listings from 5 April, the listing price will jump to 0.033 USDT per token.

The platform has devised a leading-edge metaverse to gamify the fitness lifestyle. At the time of account creation, the platform allows users to create their unique NFT avatars. These Soulbound avatars will mark improvements correspondingly to the users’ real-life fitness metrics. As a result, users can compete with other community members via the platform’s metaverse.

FightOut has also devised its in-app currency known as REPS to reward its users for doing their workouts. Investors can utilize REPS to get membership discounts, buy cosmetic NFTs for their avatars, and similar benefits.

Buyers may read FightOut’s whitepaper to get a detailed understanding of its numerous features.

$FGHT Tokenomics & Purchase Bonuses

$FGHT is an Ethereum-based limited supply token. From its total supply of 10 billion, 9 billion tokens are can be bought through FightOut’s presale stages.

Buyers investing in $FGHT would get purchase bonuses starting from 10%. To get this, users must start with an investment of merely $500 with 6 months of vesting. Buyers can also get membership rewards if they stake more number of $FGHT or stake it for a longer time.

Investors can also get up to 50% additional tokens as rewards for participating in the presale stages. Buyers can join FightOut’s Telegram channel to stay updated.

Shiba Inu Price Prediction – Conclusion

The Shiba Inu price prediction shows considerable potential for the entire meme coin space and the Dogecoin killer. While several meme coins exist, Shiba Inu has compelling use cases and generates a huge buzz. This puts it on an upward trajectory regarding the future.

If investors want to learn more about the Shiba Inu live price and trade this digital asset, we recommend using the crypto broker, eToro. The social trading platform has many helpful trading tools, various payment methods, and competitive fees.

However, another leading cryptocurrency to research right now is FightOut. This cryptocurrency token rewards its holders for completing their daily workouts and other fitness-related movements. Currently, on presale, $FGHT is priced at 0.0166 USDT per token.

FightOut - Next 100x Move to Earn Crypto

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FAQs on SHIB Price Predictions

What is the price of Shiba Inu coin?

The Shiba Inu coin live price stands at $0.0.0000090 – down over 74% since the start of 2022.

What is the highest Shiba Inu coin can reach?

With a token burn strategy, our Shiba Inu coin price prediction estimates that SHIB could have a value of $0.0001000 by 2025.

Is Shiba Inu a buy?

Shiba Inu holds a lot of promise, and if investors are looking for a low-cap project to invest in, then it certainly fits the bill.

Will Shiba Inu reach one cent?

It’s doubtful that SHIB will ever reach one cent due to the huge token supply. We’d need to see a substantial token burn put into effect before the price could ever near this price point.

What will Shiba Inu be worth in 2023?

Based on our research and analysis, we estimate that SHIB could have a value of $0.000075 by the end of 2023. This estimation hinges on the Shiba Inu team’s development of their metaverse project, which should increase the token’s appeal to the masses.

What will Shiba Inu be worth in 2025?

We estimate that Shiba Inu could be worth $0.0001987 by the end of 2025. This would represent an increase of 1,970% from today’s price.

What will Shiba Inu be worth in 2030?

Our Shiba Inu coin price prediction for 2030 estimates that the token could reach a valuation of $0.00030. Although this is merely a prediction, it would represent a gain of over 3,000% from today’s price.

Will Shiba Inu reach $10?

Given the Shiba Inu coin price today and the huge token supply, it’s virtually impossible for SHIB ever to be valued at $10. For this to happen, we’d need to see trillions of tokens burned and new use cases that help drive price appreciation.

Read More:

• Shiba Inu Coin – Too Late to Buy?
• Shiba Inu Coin Price Prediction 2023 – 2030
• Shibaverse Meme Coin Price Prediction
• Dogecoin Price Prediction

  This article was written for Business 2 Community by Jimmy Aki.
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Author: Jimmy Aki

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A graduate of the University of Virginia and now based in the UK, Jimmy has been following the development of blockchain for several years, optimistic about its potential to democratize the financial system.
Jimmy's previously published work can be found on BeInCrypto, Bitcoin Magazine, CryptoNews, Decrypt,  …

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