Will Shiba Inu reach $1? Just how high up can the “Dogecoin Killer” Shiba Inu reach in the next few years?

Interestingly, the wording of Shiba Inu ‘Wooofpaper’ – commonly referred to as the white paper – and their SHIB promotional campaigns isn’t as dedicated to going above $1 as it is directed towards outperforming Dogecoin. In fact, the official Shiba Inu website describes SHIB as an “ERC-20 only token (that) can remain well under a penny and still outpace Dogecoin in a small amount of time.” Hence the nickname Dogecoin killer.

But this hasn’t stopped Shiba Inu traders and crypto market analysts from speculating on whether SHIB will reach $1 and working out the different factors that they believe will help the token hit this target.

Dogecoin has already launched several online campaigns, albeit unsuccessfully, aimed at catapulting the meme currency above $1. This then implies that if Shiba Inu is to beat Doge, especially when it comes to per-token-price, it too has to set its target above $1.

But considering that there currently are only 132 Billion Dogecoins and 1 Quadrillion Shiba Inu tokens, is a $1 valuation of SHIB tokens actually feasible?

And if feasible, when will the doge killer get there?

We answer these questions, tell you if Shiba Inu will eventually reach $5, and what it may be worth by 2025 in this Shiba Inu buying guide.

But first, we take a brief look at its current price and how it got here.

Shiba Inu Current Price

At the time of writing, CoinMarketCap lists Shiba Inu’s price as $0.000020. Shiba Inu currently has a fully diluted market capitalisation of $11 Billion, a circulating supply of 549 Trillion SHIB coins, and is ranked position 15th on CoinMarketCap’s list of largest cryptocurrencies.

The Dogecoin Killer launched on 1st August 2020, and Coingecko has its listing price as $0.000000001492, which effectively places its ROI today at 1,200,000%. Interestingly, Shiba Inu’s price remained unhinged, and it reported minimal action eight months after the launch. Its price chart only burped in mid-April, and later in October, implying that this price jump and attractive ROI were only accumulated in last year.

But can it sustain this momentum? More importantly, can this momentum help Shiba Inu (SHIB) reach $1?

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So, Will Shiba Inu Reach $1?

The crypto community is sharply divided with regards to Shiba Inu’s ability to reach $1, but the general feeling is that the SHIB token will not come anywhere near $1 in the foreseeable future. And to understand why it is not feasible for the coin to reach $1, you only need to look at Shiba Inu’s maximum token supply.

The coin’s maximum token supply is capped at 1 Quadrillion tokens, which implies that Shiba Inu would amass a $1 Quadrillion market cap if the token were to reach $1. This is more than 20X the national GDP for the US in 2020 and 500X the current market capitalization of the entire crypto industry.

At the current price, Shiba Inu would need to grow its value by 1.8 Million per cent to reach $1. This translates to consistent growth of more than 150,000% for the next 12 months if it hopes to reach parity with the dollar by the end of 2022 or 37,500% per month (consistently) for the next four years if it expects to reach $1 by December 2025.

After running through these numbers, crypto market experts and investors are confident that it will be highly unlikely for Shiba Inu to reach $1 this year or any time soon.

But a large market supply isn’t the only handle that Shiba has to jump on its path towards $1. Others include:

• Lack of adoption

Unlike such cryptocurrencies as Bitcoin and Ethereum that derive much of their value from massive adoption and cutting-edge technology, Shiba Inu is yet to attract the attention of serious investors, let alone institutions. Nigel Green – the CEO of deVere Group – cautions traders from investing in such altcoins as Shiba Inu because they “have no inherent value” thus have the greatest risk of burning an investor.

• The fact that it is a joke

Shiba Inu is described by the official Shiba Inu website as “an experiment” in building a community with a mission of outpacing Dogecoin. This can be translated to mean that Shiba Inu is a joke Crypto designed to outpace yet another joke crypto (Dogecoin).

• Diminished social media hype

However, unlike Dogecoin which is fuelled by social media hype created by such prominent investors and celebrities like Elon Musk, Mark Cuba, and even Snoop Dogg, the SHIB token is yet to gain enough hype to influence meaningful price action. Crypto analysts at FX Street are fearful that if Shiba Inu fails to recover, it may lose the little social media hype it has, which would be suicidal to the ERC-20 token.

These hindrances notwithstanding, how high up can Shiba Inu reach in the foreseeable future? Can it reach $5?

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Will Shiba Inu Eventually Reach $5?

Given the volatility of the crypto market and the unpredictability of coin prices, it is often hard to predict the future value of virtually any digital currency. Shiba Inu is no different. Nevertheless, and taking into account such factors as its massive total maximum supply and lack of sufficient social media hype, the general feeling within the crypto community is that it will be hard for Shiba Inu to reach $5 anytime soon – possibly ever.

With 1 Quadrillion SHIB tokens in supply, getting to $5 would mean accumulating the unutterable market capitalisation of $5 Quadrillion. Further, at the current price, the Shiba Inu token would need to grow by an inconceivable 9 Million per cent to reach $5.

You now see why it will be almost impossible for Shiba Inu tokens to reach $5 or even $1 in the foreseeable future. But what will SHIB tokens be worth in 2025?

What Will Shiba Inu Be Worth In 2025?

Though confident that Shiba Inu may never reach $1, the crypto market is interestingly bullish about Shiba Inu’s short-term price action. Analysis reports and expert commentaries indicate that SHIB token prices will be higher in 2025 than they are today. Here are some of the forecasts:

Wallet Investor, the highly reputable technical analysis and price prediction website, indicates that Shiba Inu token prices may rise to $0.00007 by the end of 2022 before growing further and reaching $0.00026 within the next five years.

Crypto analysts at PricePrediction are also bullish on Shiba Inu future prices. They expect the coin to continue riding the back of Dogecoin’s popularity and such other factors as FOMO pushing up its prices. By the end of 2025, they estimate that the altcoin may be trading for between $0.00023223 and $0.00027585.

Technical analysis by DigitalCoinPrice website is also indicative of a bullish future for Shiba Inu tokens. It estimates that by December 2025, SHIB tokens will be selling for $0.000047.

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Conclusion

Shiba Inu investors and crypto market analysts are hugely bullish about the coin prices in the immediate future. They are, however, hugely bearish about its long term price action and especially not convinced that the SHIB token will reach $5 or even come close to $1 in the near future.

Some of the key factors that analysts believe will prevent Shiba Inu from reaching these price levels include its bulky size and the apparent lack of intrinsic value. They also believe for a token that pegs its price action on community acceptance and hype, Shiba Inu has failed to attract enough social media hype or celebrity endorsements to thrust it towards $1.

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The answer to the question: ‘Is now a good time to buy Shiba?’ Will likely to depend on Shiba price prediction updates. As per SHIB price forecasts, Shiba is predicted to cross the $0.0001 mark price in 2022, soaring towards the $0.00012 level in 2023 and $0.00018 in 2025.

Key points of why now is the right time to buy Shiba Inu:

• Shiba Inu core fundamentals are getting better
• It is quite affordable
• Crypto market as a whole is trying to reclaim its bullish momentum
• Market cap a little steep for a relatively new project

The cryptocurrency market set new records in 2021, hitting a $2 trillion market capitalization and showing growth signs.

One of the biggest crypto winners in 2021 was Shiba Inu (SHIB). The crypto is up by over 1,200,000% since its launch.

As such, despite its sluggish performance recently, those who got in early are still sitting on a hefty profit.

But what about someone looking to invest in it today? Is now a good time to buy Shiba Inu? This article analyzes Shiba Inu to try and figure this out.

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Staking On Shibswap

While Shiba Inu started as a meme coin riding off the Dogecoin rally, it is innovating to add value.

One of its biggest moves so far was the launch of Shibswap in July 2021. Shibswap is a DEX that allows investors to exchange tokens and stake their Shiba Inu tokens.

The staking aspect of this DEX is likely to give Shiba Inu the most value. That’s because once one stake, their Shiba Inu are locked for 6-months.

Essentially this will help keep the price of Shiba Inu stable going into the future. At the same time, this will play into its demand dynamics as more people buy Shiba Inu for staking purposes.

This is one of the reasons that could see this crypto grow in value significantly going into the future.

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Shiba Inu Is Nominally Cheap

A while back, Mark Cuban stated that people love buying cryptos because they can afford whole coins.

This is evident in the growing calls for Bitcoin to be traded in Satoshis to give more investors this opportunity. CoinMarketCap even lists Satoshis as a separate crypto from Bitcoin.

This desire to own whole cryptos has drawn many people to Shiba Inu and will continue to do so going into the future.

With just $100, one can own millions of Shiba Inu and profit from the volumes as the price increases.

One may not easily feel the same satisfaction from buying $100 worth of Bitcoin or Ethereum. The network fees alone would make such an investment impractical.

This is a factor that could play into the demand dynamics of SHIB going into the future.

Should you buy Shiba Inu in 2022? How much will it be worth a few years down the line, and how much should you consider investing in Shiba Inu?

Well, if a good investment is an asset that makes you earn handsome profits, then YES, Shiba Inu, the Dogecoin killer, is a good investment. It is currently in a dip, but crypto experts are confident that it will rise again and earn its investors good money. It is a lowly priced and hype-driven altcoin. Crypto experts are confident that if the current media buzz surrounding meme cryptocurrencies carries on, SHIB token prices will hit significant heights – effectively making it a good investment.

Crypto industry observers say that a few factors give Shiba Inu an edge over pioneer and established cryptocurrencies like Bitcoin or Ethereum. Hence the appeal to individuals looking to dabble in cryptocurrencies.

But how much could it be worth, and what portion of my portfolio should I dedicate to Shiba Inu?

We answer these and more questions that help you decide if Shiba Inu is indeed a good buy in this crypto investment guide.

First, though, we want to understand what Shiba Inu is.

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What Is SHIBA Inu?

Shiba Inu or SHIB token is an Ethereum-based altcoin created by the mysterious and pseudonymous “Ryoshi” as an “experiment in decentralized spontaneous community building.” It is an ERC-20 token that is modeled off the all-popular joke cryptocurrency – Dogecoin. It adopts the name of a breed of dog native to Japan – Shiba Inu – which also serves as Dogcoin’s logo. Hence the nickname Dogecoin killer.

SHIB tokens launched in August 2020 when the altcoin development team created 1 Quadrillion Shiba Inu tokens. They would remain pretty valueless and trading around the listing price of $0.0000000009 until April 2021, when they started attracting little social media hype.

The tokens biggest moment came about after two tweets by Elon Musk on 7th and 14th May, where he expressed interest and intent to add the Dogecoin Killer tokens to his portfolio. Today, the altcoin is trading around $0.000020 with a market capitalization of $11 Billion. It is also ranked 15th on CoinMarketCap’s list of largest cryptocurrencies.

The rapid growth makes it one of the fastest-growing cryptocurrencies. But does it, in effect, make it a good investment?

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Is Shiba Inu A Good Investment?

Shiba Inu is currently a trending topic in the crypto world, with mentions from notable crypto industry experts and celebrities. It was also one of the fastest-growing altcoins for 2021. And for a cryptocurrency that derives much of its value from social media hype and celebrity endorsements. This makes it a good investment.

Some of the more fundamental factors that make Shiba Inu a good investment today include:

Low prices: Despite all the hype and unrealistic growth that SHIB tokens have received in the last months, their prices are still relatively low. For instance, with just a dollar, you can own 48,000 SHIB tokens today. And this, together with the huge potential for growth, places it at a vantage point above such established coins as Bitcoins and Ethereum.

Positive overall ROI: In the 17 months that Shiba Inu has been around, its price has appreciated by more than 1,200,000%. Despite the recent dip, the SHIB token is still a good buy because experts expect it to rebound and score an even higher ATH.

Potential for growth: Investors, market observers, and crypto price prediction websites are optimistic that, moving into the future, the cryptocurrency will rebound and continue rising. While they do expect Shiba Inu to hit such exotic price levels as $1, most expect it to break above its October 2021 ATH in the next year.

Hype and endorsements: As deVere Group CEO – Nigel Green – rightly puts it, altcoins like Shiba Inu have no real value. Rather, their value lies in the reach and impact of their social media hype. Moving forward, you can expect SHIB tokens to continue riding the publicity that they are currently getting from such celebrities as Elon Musk and the crypto community, making a good investment.

In anticipation of better and hype-driven performance from Shiba Inu moving forward, you must be asking; how much should I invest in Shiba tokens then.

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How Much Should I Invest in Shiba Inu?

There currently is no standard on how much you can or should invest in Shiba Inu or any other cryptocurrency. How much you commit to buying SHIB tokens should be informed by such factors as your investment goals, amount of disposable cash at hand, risk tolerance level, and understanding of the crypto market dynamics.

Keep in mind that cryptocurrencies – including Shiba Inu – are some of the most volatile investment products around today. If you are a beginner to crypto trading or only have moderate trading experience, you are advised to engage the guidance of a professional trader.

As always, and as with any other investment, we encourage you to only invest in Shiba Inu what you can afford to lose.

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How Much Could Shiba Inu Be Worth?

At the moment, the crypto community is confident that Shiba Inu will rise again soon. The extent to which the coin can rise in the current year or the next, however, remains debatable. Most price prediction websites and cryptocurrency analysts are, however, confident that the Dogecoin killer will be worth more at the end of the year and in the next five years than it is today.

For instance, Gov.Capital – a price prediction website – expects the ERC-20 token to end 2022 trading around the $0.00012 price level and growing this to $0.00079 by the end of 2025.

Analysis by Coin Price Forecast, yet another website that uses technical analysis to forecast the future prices of digital currencies, indicates that the token may end 2022 selling for $0.00017. The analysis then suggests that SHIB token prices will continue rising and trading for $0.00077 by the end of 2025.

Crypto experts at the Economy Forecast Agency are not as confident and predict SHIB tokens may only get as high as $0.000024 by the end of 2022.

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Should You Invest In Shiba Inu?

You should only consider investing in Shiba Inu if you are totally convinced that Shiba Inu prices will continue rising in the foreseeable future.

But if you are looking for different expert opinions to help shape your decision. Any crypto analyst will tell you that they are currently laying back in a wait and see pose, watching as the Shiba Inu price action unfolds.

They are fifty-fifty on whether to invest in the coin or wait for it to break out in any direction. CoinFlip CEX, Ben Weiss, recently brought forward what is in every investor’s mind when he said that “(Shiba Inu’s) price could certainly g up, but it could just as easily come down.”

It is a catch 22, if you wait and the SHIB token prices break put upwards, you miss out on what could potentially be one of the most profitable crypto rallies in days. And if you go in hard now, and it dips further, you get burned.

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The Bottom Line – Should You Buy Shiba Inu Coin?

You can consider buying Shiba Inu Coin as per the bullish forecasts by analysts across several credible and authentic crypto prediction portals. With that said, cryptocurrencies are risky assets that could lead to losses. This is the main reason you should understand that investments can only be made after assessing risks and rewards. You must always ask the question, do the potential rewards of investing in Shiba Inu Coin outweigh the possible consequences of the risks?

Shiba Inu has lots of risk factors. Shiba Inu is highly volatile; it’s thriving on a meme-frenzy that could burst anytime, and among an asset class whose future is not certain. On the other hand, SHIBs involvement in a COVID Relief Fund has increased its popularity, has made some investors millionaires, and has scarcity to look forward to due to the actions of Vitalik Buterin to burn most of the tokens. Its relatively lower price makes it a great financial instrument for newcomers in crypto investing. What’s more, its enlistment on the major exchanges globally makes it highly accessible as well.

So, should I buy Shiba Inu Coin? YES, you can consider buying SHIBs because two brothers made an $8,000 investment in February 2021 and walked away with $9 million in May 2021. The same brothers want you to know that you should do independent research and invest in Shiba Inu Coins, an amount of money you can afford to lose. Does investing in Shiba Inu work? For the traders and investors who decided on the digital asset in its inception, some have seen more than 30,000% return on their investments. Is it worth investing in Shiba Inu? For what’s worth, experts predict SHIB could reach $0.00002 in 2022. This means that any investment made now could be worth at least 50% more.

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Will Shiba Inu rise again? What will the SHIB tokens be worth in 2025, and should I hold Shiba Inu until 2025? If you are a medium to long-term crypto trader/investor, you’ve probably asked yourself one of these questions when looking at Shiba Inu price charts.

Well, while Shiba Inu has had a hard time breaking above its October 2021 highs, most investors and price prediction websites are confident that it will rebound and rise to between $0.000105 and 0.000165 by 2025. They are also confident that the self-proclaimed Dogecoin killer will break above the current SHIB token ATH by the end of the year – but only if the market can sustain the slowly uptrending direction.

Back in May when China emphasized the Bitcoin ban in the country the market dynamics forced a downtrend for Shiba Inu. This saw the token abandon a month-long price rally and shed more than 50% of its peak price in the 72 hours that followed.

China has gone on the offensive, forcing finance and tech companies in the country to cut ties with cryptocurrencies and stop offering crypto-related services. Energy companies have also started switching off the electricity supply and issuing notices to some of the biggest Bitcoin mining farms in the country.

Many cryptocurrencies were able to recover and reach new highs in the last quarter of 2021 but then the market dropped in December and since then has been trying to recover.

For the last week, SHIB token prices had stabilized around the $0.000020 and $0.000022 price levels. However, the current situation makes the question of what Shiba Inu will be worth in 2025 all too important.

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Shiba Inu Price Prediction For 2025

Shiba Inu’s close association with Dogecoin – the epicenter of the crypto hype in the media now – has made it a hot topic in the crypto circles. Now everyone wants to know how far up (or low) it can go in the next few years and what it will be worth in 2025.

Multiple price prediction websites and crypto market observers have fronted several SHIB token price forecasts. And it is a mix of optimism and FUD over the Dogecoin killer’s future. While some expect a parabolic price jump for the token prices to the highs of $0.00006 some believe it will barely move from its current price level.

Technical analysis by the DigitalCoinPrice website indicates an upward-facing Shiba Inu price outlook. It indicates that the SHIB token prices will continue soaring – effectively making it a good medium-to-long-term investment. Despite the shocks currently hitting the market, their updated price prediction of Shiba Inu suggests that the coin may end 2022 trading at around $0.000028 before pushing this lever up in the next few years and ending the year 2025 trading at $0.000047.

A more pessimistic analysis by Trading Beasts – yet another forecasting website – concurs with this finding and indicates that Shiba Inu may report an upswing for the next few years. It indicates that the SHIB token price may rise to end 2022 selling for $0.000039 and start 2025 trading around the $0.000044 mark.

Crypto analysts at Coinpedia are as optimistic as they are pessimistic about Shiba Inu’s future. Overall, they are confident that Shiba Inu has more chances of rising than of falling for the next few years. They expect FOMO, potential celebrity endorsements and mentions, an uptrending crypto market, and sustained social media hype to help push the token’s value above its current ATH in the next few years. Their analysis suggests the coin may be trading at around $0.0000861 by 2025.

According to Coin Price Forecast, Shiba Inu could even reach as high as $0.00077 by the end of 2025, which is an increase of 3,699%.

There, however, are two serious blockades to the achievement of these price predictions. First, the media hype fuelling SHIB token’s upward trajectory is not guaranteed and can die at any time. Secondly, and the most imminent, is the fact that most Shiba Inu HODLers are in the East (China). So, there is no telling the impact that the ongoing government crackdown on crypto will have on SHIB token prices.

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Will Shiba Inu Hit $1 In 2022?

Shiba crypto traders and investors wouldn’t want anything more than seeing the meme coin reach $1. But as analysis and a stack of irrefutable statistical facts indicate, it will be almost impossible for Shiba Inu tokens to grow their value to $1 by 2025 – or anytime soon.

To better understand the uphill climb that Shiba Inu has to scale before reaching $1, we will want to compare its target price to its current financial standing.

Currently, Shiba Inu is trading around $0.00002. To reach $1, therefore, the Dogecoin Killer will need to grow this value by an insurmountable 2 Million percent.

Considering that China’s crackdown is already sending shockwaves into the crypto market and sending SHIB token prices into a freefall, it is okay to assume that it will be impossible for the coin to reach $1 in 2025.

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Should I Hold Shiba Inu Until 2025?

Crypto industry observers and analysts are confident that Shiba Inu prices will continue rising in the foreseeable future. It, in effect, makes absolute sense that you may want to hold onto SHIB tokens until 2025. Price predictions and market sentiments are bullish on Shiba Inu’s future, suggesting that it may be safe to hold on to SHIB tokens until 2025.

What they don’t put across plainly is that the upswing in SHIB token prices is not guaranteed. Instead, it is premised on the fulfillment of several conditions. Chief among them being a sustained bull run for the crypto industry in general, a sustained social media hype about both Shiba Inu and Dogecoin meme coins, and future celebrity endorsements.

Further, the predictions do not factor in changes in regulation – like what happened in China last year, the emergence of even more popular meme coins that take the shine away from Shiba Inu, or the dying down of the hype surrounding meme-coins.

Investing in SHIBs today with the aim of holding them until 2025 is, therefore, a huge gamble. It has the potential of rewarding you handsomely if the prices grow significantly or leaving a gaping hole in your crypto portfolio should the rally go sideways.

In such a case, you are better off trading Shiba Inu CFDs that let you profit from either market direction.

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Conclusion

Multiple indicators suggest that Shiba Inu prices will continue rising for the next few years and possibly set a new ATH before 2025. Some price prediction websites are even convinced that it will reach $0.001. And they expect media hype, celebrity endorsement/mentions, a uptrending crypto market, and FOMO to play a key role in fuelling this growth.

But they are also wary of the level of damage that the current market drop may have on SHIB token prices. The massive growth that the coin has to surmount to reach $1 also makes us believe that it will not reach this target in the four and half years or ever.

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It would be in your interest to learn to get to know more about the pros and cons of investing in Shiba Inu Coin that will give you an extensive insight as to whether it is a good idea to invest in Shiba Inu Coin.

Shiba Inu Coin is one of the relatively newer tokens that could serve as one of the best hedges on your portfolio of investments. In this article, we are going to take an in-depth look at why you may consider investing in Shiba Inu, the pros and cons, and other vital details to look out for before risking your hard-earned money.

Before investing in Shiba Inu, you must go deep into the crypto project and get to know its future potential in the market. With no prior knowledge about the possibilities of the digital asset, investing in Shiba Inu Coin increases your chances of suffering massive losses within a short period.

First and foremost, Shiba Inu isn’t one of the newest cryptos with huge technological innovation. Instead, it offers something similar to what cryptocurrency users are used to. Shiba Inu, unlike Cardano, Tron, EOSIO, Binance Smart Chain, Ripple, or Stellar, is an entirely new kind of payment system that facilitates transactions over the internet without intermediaries such as traditional banks, clearinghouses, and insurance companies. What’s more, Shiba Inu does not have a Chief Executive Officer (CEO) or a transparent team that guides the project. It is entirely decentralized.

While this new project which seems to be taken the crypto finance space by storm presents a great opportunity for investments, you must know what Shiba Inu is, the primary purpose behind the creation of Shiba Inu, and any potential red flags to watch out for which can be a detriment to the success of the cryptocurrency. This is because no cryptocurrency has a perfect price history.

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What Is Shiba Inu?

Shiba Inu is a decentralized protocol that can be used to send and receive money globally via the internet. Shiba Inu was built and runs on the Ethereum Network as an ERC20 token. It was created by a man or group of people with the pseudonym RYOSHI and released to the general public in August 2020. Due to its high decentralization, the project is overseen by its community.

Shiba Inu effectively exists as three separate but interconnected entities.

• The Shiba Inu Protocol: This is the digital payment network that facilitates financial transactions.
• SHIB: This is the digital currency that works on the Shiba Inu Protocol. It is also the ticker symbol, Shiba Inu trades on the various cryptocurrency exchanges worldwide.
• Shiba Inu Community: This is the community behind the project since the founders have made the project transparent with control in the hands of its fans.

The main idea behind Shiba Inu is to join the meme-inspired currency hype which has so far been enjoyed by Dogecoin. As per the details of its Woof Paper, SHIB was created by RYOSHI because “We love Shiba Inu Dogs, the brilliant minds behind SHIB had never collaborated before, and we started from zero, with zero.” Moreover, the website of Shiba Inu invites artists who are fascinated with Shiba Inu dogs globally to foster an artistic Shiba movement.

Due to the non–fungible token (NFT) craze that started in 2021, such a movement brings the Shiba Inu Community extremely close to the multi-billion dollar NFT market. Aside from this, using Amazon Smile, Shiba Inu has created a campaign to help with the collection of donations for the rescuing of real live Shiba Inu Dogs in collaboration with the Shiba Inu Association. This gives the project huge mileage which can positively reflect in its valuation.

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The Pros of Investing in Shiba Inu Coin

What are the benefits of investing in Shiba Inu Coin?

The various price forecasts of several crypto news and prediction portals point to a bullish direction for SHIB. This makes investing in SHIB an attractive option for novice and experienced traders and investors. Let us take an extensive look into the pros of investing in Shiba Inu Coin and why SHIB is a good investment.

Shiba Inu Coin is Very Cheap

Currently, SHIB has a trading price of $0.000020. The price of a crypto trading asset is highly essential since it plays a valuable role in helping you as a trader or investor use percentage change to predict the gains you could make in an asset depending on the number of coins purchased.

At such a price, you can see a 100% profit if SHIB reaches $0.00040 in the future. This is better than, say investing in Ether or Bitcoin.

At Ether’s current price of around $2,400, Ether would have to see huge investor interest to see its price re-tests $4,800 before you can double your money. In the same way, as per the current price of Bitcoin which is trading at around $36,600, Bitcoin will have to rally to a new all-time high price of $73,200 to see a return of 100% for its traders and investors. Using simple mathematics, it would be relatively easier for SHIB to double, triple, or quadruple in price in the short and long term than it would for the first-mover of blockchain and cryptocurrency Bitcoin and the token behind the first-mover of smart contracts, Ethereum.

As such a trading price, buying 10 SHIBs costs $0.0002, 100 SHIBs ($0.002), 1000 SHIBs ($0.02), 10,000 SHIBs ($0.2), 100,000 ($2) and 1,000,000 SHIBs will deplete your savings by $20. This means that for you to fork out more than $100, you would have more than 5,000,000 SHIBs in your wallet. In the event SHIB should cross $1 in the future, you could be making huge gains in the region of $5,000,000.

According to Digital Coin Price, the relatively lower cost of SHIB will see more activity on the digital currency in the short and long term which would drive its price up. According to the experts, SHIB could command a trading price of $0.000028 by the end of 2022, soar to $0.000037 (2023), and settle at $0.000030 to close out 2024 in the short term. The technical analysis-backed crypto portal estimates Shiba Inu Coin could test new highs by reaching average prices such as $0.000047 (2025), $0.000043 (2026), $0.000059 (2027), and $0.000075 by the end of 2028 in the long term.

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Shiba Inu Coin is a Medium-Cap Asset

Currently, SHIB has a market capitalization of $11 billion and a diluted market cap of $12 billion. Trading Education wants you to know that according to the categorization of assets, from $300 million to $2 billion is small–cap, $2 billion to $10 billion is medium–cap, and more than $10 billion is large–cap.

This means that the current market cap and diluted cap of SHIB make it a large-cap asset. For an asset to reach such a status, it means it was a small-cap asset that survived, succeeded, and broke out into another zone. While competitors either stayed in the zone or fell off into extinction zones. What this should tell you is that SHIB has moved a lot of places in the global rank of cryptocurrencies.

At the time of writing, SHIB is in the top 20 digital assets by the market. This is the primary reason while it continues to remain fairly stable in terms of price.

The recent surge in the price brings extensive coverage in the financial news portal which leads to popularity and 100s of articles being written about the cryptocurrency. This is one of the primary reasons why investing in SHIB in the short and long term is likely to be a good idea. This is because interests in the digital asset will reflect in daily trading volumes. This could rally its price and see to an increment in the valuation of the digital asset as well.

SHIB Can Interact With DeFi Projects on Ethereum

Ethereum is the king of smart contracts and decentralized finance. At the time of writing, Ethereum is 5th with 161 in developer activity over 30 days (12 October to 12 November 2021). Kusama & Polkadot (209), Solana (191) and Cardano (183) are the projects seeing more developer activity than Ethereum. Ethereum already comprises at least 1.75 million users and controls more than 68% of the decentralized finance (DeFi) space with regards to the total value locked through decentralized applications (DAPPS).

Aside from this, the estimated number of global crypto users has passed 100 million. Ethereum is the first option of choice for most developers. This is the primary reason why decentralized lending platforms (Aave, Compound, and Maker), as well as yield aggregating platform Yearn Finance, run on the network as ERC20 tokens. This exposes the cryptocurrency (SHIB) to a huge number of people in terms of trading and investing.

According to the website of Shiba Inu, after Ethereum founder Vitalik Buterin burned 50% of the total supply of SHIB, the remaining 50% of the total token supply has been locked on one of the biggest decentralized exchanges in the space, Uniswap. Uniswap added 58,000 users in July 2020 and by December had surpassed 300,000 monthly active users. What’s more, in January 2021, Uniswap once hit $20 billion in monthly volume.

This was relatively higher than the volumes recorded by some mainstream cryptocurrency exchanges. Going forward, aside from Uniswap, other DAPPS across the space could employ SHIB as an option of payments when making a deposit. This would add up to the activity the crypto token is already receiving on Uniswap and centralized cryptocurrency exchanges. With the rise of DeFi and more developers adding to the ecosystem of Ethereum, the potential for the usage of the cryptocurrency is endless.

Wallet Investor continues to make bullish forecasts on Ether due to the possibilities of decentralized finance and has made bullish predictions on SHIB. According to the experts, Shiba Inu Coin could command an average price of $0.000058, the least possible price of $0.000045, and the best possible price of $0.000070 by the end of 2022.

At the end of 2023, SHIB could trade for a coin at an average price of $0.000097, the least possible price of $0.000081, and the best possible price of $0.00011. In the long term, Wallet Investor expects SHIB to test the best possible prices of $0.00016 (2024), $0.00020 (2025), and $0.00026 (2026).

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SHIB Has an Impressive Trading Volume

One of the factors that determine if an asset is going to be a great investment and more essentially have a great future is its trading volume. Since it appeared on cryptocurrency exchanges on 1st August 2020, SHIB has recorded a steady volume. While some cryptocurrencies record 10s and 100s, the crypto trading asset has been impressive.

On its opening day price, SHIB recorded a volume of $1,604,789. After that day, investors looked elsewhere and volume plummeted to $6,653 on 31st August 2020. Shiba Inu Coin began 1st September on a bright note and recorded $16,378 as its volume for the day. Towards the end of the year, SHIB was trading at an insignificant price with no volumes recorded at all as per data retrieved from CoinMarketCap.

Times changed and almost all altcoins have followed Bitcoin into reaching new all-time highs in 2021. Shiba Inu recorded a trading volume of $1,226 on 16th June 2021 and rallied to a new all-time high in trading volume towards the end of the year.

The volumes for 30th and 31st January 2021 stood at $5,708,932 and $23,921,741 respectively. With more unsophisticated traders and investors looking forward to benefiting from the crypto boom, Shiba Inu ended 1st February 2021 at $18,665,191 and closed the last day of the month at $3,832,192.

On Monday, 1st March 2021, SHIB recorded a diminishing but impressive volume of $991,095. Most of the meme-inspired currencies started to fade off during the end of the 1st quarter of 2021. In the middle of March, interest in the cryptocurrency soared as more than $11 million was poured into it. As of 31st March 2021, Shiba Inu Coin’s volume stood at $1,022,750.

Trading volume recorded for 1st April 2021 was $1,238,056, $161,689,870 (17th April), and $133,732,362 (30th April). In May when the price hit $0.00003503 the trading volume reached $19 billion. SHIB reached a new all-time high price of $0.000088 on 28th October 2021, recorded a trading volume of $32 billion, and at the time had a market capitalization of $37 billion by the end of the day. SHIB had risen from 1000s to billions trading volume in November.

With more than 17,000 coins at the disposal of traders, this is a huge sum that shows long-term holders still have faith in the cryptocurrency.

With an average trading volume of at least $7 billion in the last month, if more cryptocurrency exchanges list SHIB so that it can add up to the millions of people it already reaches, Shiba Inu Coin can rally to new price highs being forecasted by analysts and experts.

With the impressive trading volumes being recorded, PICK A CRYPTO has made positive forecasts of the cryptocurrency. According to the experts, SHIB could command prices of $0.0002000 to $0.005000 from 2022 to 2025.

Investing in Shiba Inu Coin based on the direction of experts at the online portal could see you make gains of at least 260% at the end of 2022.

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SHIB Has Impressive Exchange Listings

You do not want to struggle before you can find a digital asset online. This is the main reason why the ease of accessing a cryptocurrency plays an instrumental role in driving its price. Whether you want to buy, hold, or sell, it would be extremely exciting to have buyers who are willing to meet your selling price.

SHIB is currently listed on the largest cryptocurrency exchange, Chanpeng Zhao’s Binance, Huobi Global, OKEx, FTX, and subsidiary of Binance, WazirX. One of the largest exchanges globally, eToro, also listed Shiba Inu (SHIB) in 2021.

The CEO of eToro, Yoni Assia in an interview with Business Insider pointed out that, initially Dogecoin did not seem sensible for investment purposes. Ultimately, eToro decided to list the first-mover in the meme-inspired currency space because DOGEs fanbase is one of the largest, loudest, and funniest communities in the space. In July last year eToro listed Shiba Inu due to high demand.

Earlier alliances such as sending half of the coin’s supply to Vitalik Buterin did not go well. This does not mean the end has come for Shiba Inu. In the future, more partnerships would be formed and other well-known personalities will throw their support behind the coin. This will force the hand of eToro to list the cryptocurrency for trading and investing purposes.

You should know that eToro’s listing of Dogecoin helped the meme cryptocurrency soar around 50% to a new all-time high. Having one of the top exchanges list Shiba Inu could propel the coin to new all-time highs which will bring huge gains to long-term holders of the cryptocurrency.

Trading Beasts believe accessibility leads to more liquidity, high volume, and a positive reflection in the price of digital assets. According to the experts, SHIB could trade for a coin at an average price of $0.000031, the least possible price of $0.000026, and a best possible price of $0.000039 by the year’s end of 2022. At the end of 2023, Shiba Inu Coin could have an average price of $0.000033, test a minimum price of $0.000028, and a maximum price of $0.000042 in the short term.

In the long term, Trading Beasts projects Shiba Inu to trade for a coin at an average price of $0.000035 the least possible price of $0.000030, and the best possible price of $0.000044 by the close of 2025.

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Shiba Inu Coin Provides a Great Vehicle for Short-Term Gains

Due to its volatility, SHIB is a great financial instrument for day traders, cryptocurrency traders, and arbitrage traders. During bullish and bearish seasons, day traders can take advantage of multiple percentage swings and make huge gains in a short period. SHIB can soar 20% within an hour; gain more than 30% within another hour and plunge by more than 35% in the next hour.

Understanding the financial metrics and knowing the kind of trader or investor you are can help you make more money. For cryptocurrency traders, doing fundamental research and reading technical analysis on Trading Education can help you understand the future price patterns of Shiba Inu Coins. For arbitrage traders who take advantage of the price differences in similar assets, since Dogecoin and SHIB are meme-inspired currencies, you could be making double profits by taking advantage of price changes in the two cryptocurrencies.

It doesn’t matter how bullish or bearish a market is, there are enormous sums of money to be made. There is so much hype around Shiba, it has a high liquidity ratio which affirms investor interest and it’s easily accessible. This way, you can rest assured that there are many people in the Shiba Inu movement who would propel the growth of the protocol as well as its cryptocurrency.

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The Cons Of Investing In Shiba Inu Coin

What are the disadvantages of Investing in Shiba Inu?

You shouldn’t be tempted to look at the pros of investing in SHIB and forget about the cons of investing in SHIB. There is no perfect digital asset. Although the fundamentals and technical analysis point to a bullish pattern, there are pressing issues that could affect the performance of the cryptocurrency. Let us look at the risks associated with investing in Shiba Inu Coins.

? Shiba Inu Coin Is Not First-Mover in Meme-Inspired Currency

Although Shiba Inu is making waves in the space as another meme-inspired currency or a cryptocurrency poking fun at another joke currency, it is not the first to do this in such a saturated market. Once you make mention of meme-inspired cryptocurrencies, the first name that comes to mind is Dogecoin.

Aside from this, the name of the crypto is extremely difficult to separate from the Japanese dog. Searching for Dogecoin online means that you are going to find news content on the cryptocurrency as well as the various predictions made by analysts and experts.

Unfortunately, searching for just “Shiba Inu” leads to several search results which include the dog. You can search for “the pros and cons of buying Dogecoin” and crypto-related articles would pop up directing skeptics of the meme-inspired currency to articles to authentic articles that can help guide them to deciding on the cryptocurrency.

Unfortunately, if you search for “the pros and cons of buying Shiba Inu”, because of the newness of the crypto, Google, Yahoo, Bing, and other search engines display the pros and cons of buying the Japanese dog and not the cryptocurrency. This is not helping the cryptocurrency’s course in climbing up the cryptocurrency ladder.

What’s more, you always have to include “coin” to Shiba Inu to make Shiba Inu Coin before you can find investment-related articles on the digital asset. With that said, Dogecoin is to meme-inspired currencies what Bitcoin is to blockchain technology and cryptocurrencies, and Ethereum is to smart contracts and decentralized finance. It would take a great deal of time for Shiba Inu protocol and Shiba Inu Coin to surpass DOGE in all areas (listed on cryptocurrency exchanges, integrated with millions of merchants, price, trading volumes, and market capitalization).

? Shiba Inu Is Not an Independent Blockchain

Dash, Bitcoin, Ethereum, Dogecoin, Litecoin, Cardano, Tron, and Binance are independent blockchains. Binance and Tron started as ERC 20 tokens just like Shiba Inu. Currently, Justin Sun of Tron and Chanpeng Zhao of Binance decided against staying on the Ethereum Network due to its relatively low processing speed.

But that was not all; they wanted to use their independent blockchains to compete with Ethereum in the future of the possibilities of blockchain technology. Today, they run on the Tron Network and Binance Smart Chain respectively, and have enabled smart contracts with JustSwap and PancakeSwap competing with Uniswap or Ethereum in the decentralized exchange space.

Since Shiba Inu lacks innovation and does not have a strong team that is trying to change its infrastructure, it may continue to remain as an ERC20 token for the foreseeable future. More cryptos are being added to the market. One vital thing you can see is that new projects which run on independent blockchains such as Internet Computer (ICP) in May tested 100s of dollars within a short period.

In the future, it would be wise for RYOSHI to follow in the footsteps of Justin Sun and Chanpeng Zhao and move the project to an independent network so that they can contribute to the smart contracts path the whole space is currently heading.

Even Bitcoin through its miners voted for an upgrade called TAPROOT which enabled smart contracts in November 2021. If Shiba Inu continues to stay where it currently finds itself relying on speculation, there could be doom and irrecoverable losses for traders and investors when it heads to extinction zones.

? Infinite Competition in the Transactional Currency Space

Shiba Inu is basic. It does not have a strong infrastructure and as a result, does not add any substance to the crypto finance space. Because of this, it can only function as a transactional currency. Popular transactional currencies that see high use rates include but are not limited to Bitcoin, Litecoin, Bitcoin Cash, Ether, Monero, ZCash, Dash, XLM, and Dogecoin.

Millions of people are used to these cryptocurrencies and prefer to use them in their day-to-day transactions. This does not help SHIBs course in trying to break into such a saturated market dominated by an elite few. Once SHIB is involved in relatively lower transactions over an extended period, people may shun it. This could gradually lead to a drop in liquidity being poured into the asset, trading volumes will be hit hard, prices will plunge to new high lows and market capitalization would sink back into the lower side of the small-cap category.

Will Shiba Inu Coin Become A Millionaire Maker?

Shiba Inu Coin could become a millionaire-maker in the future. With a market cap of more than $30 billion, this continues to go up as more exchange listings are announced and more partnerships that will see SHIB integrated with several merchants online are formed.

With a thriving community behind its continued success, SHIB will likely continue to grow significantly. Always, remember that investments come with risks. Invest in Shiba Inu Coins with an amount of money you can write off as bad debt.

Shiba Inu Coin could become a millionaire-maker in the following way. At $0.00002, you can purchase 5,000,000 SHIBs and it would set you back $100. In the event SHIB reaches a price of $0.20 (20 cents) in the future, 5 million SHIBs multiplied by a new price of $0.20 equals $1,000,000 (Millionaire Maker).

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Is Shiba Inu Coin A Good Investment?

Shiba Inu Coin could be a good investment according to Gov. Capital. According to the experts, SHIB could reach a price of $0.00012 by the end of 2023. Although the forecasts give a positive light on the cryptocurrency, you must know that most investments come down to two factors which are risks versus reward. Do the potential rewards exceed the possible consequences of the risks?

Shiba Inu certainly has some risk factors. The crypto lacks innovation, faces infinite competition from mainstream players in its basic function, and it does not run on an independent blockchain to help upgrade the platform to the demands of users.

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Have you considered investing in Shiba Inu Coin?

On the other hand, Shiba Inu continues to gain traction in the space due to the hype from its fans across Twitter, Reddit, and Facebook. Plus, its infinitesimal trading price presents a low barrier of entry for novice traders and investors. Additionally, experienced and sophisticated investors can take advantage of the relatively lower price of the digital asset and buy millions of SHIB without forking out large sums of money. In this way, SHIB can help serve as a hedge on their portfolio of investments.

To put it simply, Shiba Inu Coin is a low-risk investment that has lots of hidden rewards. You must supplement the thesis provided by Trading Education with independent research from other investment circles to help you make a better decision.

Therefore, the real question is, does investing in Shiba Inu Coin work? For traders and investors who believed in the asset right from the start, it has returned more than 1,200,000%. Perhaps you can buy millions of SHIBs below $100 and see where it can take you based on your investment goals in the short and long term.

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FAQs

Will Shiba Inu Coin Reach $1?

Shiba Inu Coins could reach $1 in the future. This price can be breached once millions of merchants adopt SHIB as an option of payment, when a large institution buys a huge chunk of the coins of the market, or if there are more exchange listings to help buy off the coins.

At the time of writing, no analysts using fundamental or technical analysis have made such a forecast. The highest price milestone we should expect SHIB to reach is 10, 20, 30, 40, 50, 60, 70, 80, and 90 cents before we can think of it crossing the $1 milestone.

Shiba Inu Coin Price Prediction 2025

According to experts at Digital Coin Price, SHIB could command a trading price of $0.000047 by the end of 2025.

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CryptocurrencyPricePrediction estimates that Shiba Inu prices will continue soaring to reach $0.0015057 by the end of 2025 before reaching $0.0032843 in December 2030.

DigitalCoinPrice forecasts that Shiba Inu could be worth $0.000088 by the end of 2029. Looking at the rate at which they predict SHIB token prices will rise, it is safe to assume that their prediction for Shiba Inu price prediction in 2030 may be around $0.0001.

As the hype around meme currencies gathers pace in both the social and mainstream media, one of the most asked questions is what Shiba Inu will be worth in 2030. Investors want to know if Shiba Inu is worth investing in and whether the SHIB token price will ever reach $1.

In answering all these questions, analysts look back on Shiba Inu’s trend in the last quarter of 2021, and it shows that Shiba Inu is a good investment right now. They are also confident that the SHIB token’s value will increase significantly between now and 2030. But looking at such factors as its size and factors driving its price, these analysts and investors do not seem too convinced that Shiba Inu can reach $1 anytime soon.

Over the last year, Shiba Inu created what most cryptocurrencies have struggled to accumulate for close to a decade – a vibrant community backing up the community. And these continue to ensure that even at its lowest price moments, currently being witnessed due to the market-wide dip, Shiba Inu is still a trending topic on social media platforms across the world.

From price pump campaigns to memes around Shiba Inu and discussions by even the influential crypto influencers and experts, the Shiba Inu has drawn to itself a throbbing community that continues to attract new investors and influence its prices.

Crypto analysts are appreciative of the impact that this community has on Shiba Inu token prices by the turn of the decade. Their SHIB token price prediction for 2030 is, therefore, very bullish as they anticipate a sustained price increase.

But how high up do they expect Shiba Inu to reach in 2030? We look at some of their analysis and highlight factors that they believe will influence SHIB token prices in the future here.

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Shiba Inu Price Projection For 2030

It is not uncommon for even the most experienced crypto trader or respected crypto news and price prediction websites to get a digital coin’s price prediction wrong. Even for the next few months or weeks. It is even harder for them to make accurate price predictions for a token as volatile and unpredictable as Shiba Inu for the next 10 years.

The high number of variables affecting the price of the coin now and in future make it impossible for anyone to come up with an accurate SHIB token prediction for 2030. But analysts agree that the coin will be way more valuable than it is today. They also agree on some of the factors that they believe will have the biggest impact on Shiba Inu prices moving forward. And these include:

• Media hype and endorsements
• The Shiba Inu community
• Mainstream adoption and exchange listing
• FOMO

Let us go through each of these and try to understand the impact they will have on Shiba Inu between now and 2030.

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Hype and endorsements

Today, Shiba Inu is arguably one of the most talked-about meme currencies – second only to Dogecoin. It launched in August 2020 but remained unknown until May 2021, when Elon Musk tweeted about it. Since then, the coin has been topping online chat rooms, Twitter trends, and online crypto discussions. Influencers and meme-creators joined in publicizing the coin, and now a drove of celebrities has joined in – talking and investing in the self-proclaimed Dogecoin-Killer.

In addition to Elon Musk, other celebrities that have expressed interest in investing in Shiba Inu include HipHop rapper Meek Mill, professional boxer Andre Berto, Backstreet Boys’ star Nick Carter, as well as NFL star and New England Patriots player Antonio Brown. Moving forward, Shiba Inu is expected to welcome more celebrity endorsements that eventually send its prices skyrocketing.

Shiba Inu community

Shiba Inu has the backing of one of the most vibrant and active communities on social media, especially on Reddit and Twitter (fondly referred to as #ShibaArmy). They have been instrumental in spreading the message about Shiba Inu, effectively drawing in investors and celebrity endorsements. They have also been critical in petitioning the token listing on popular exchanges and trading platforms. The future of the coin is therefore deeply rooted in an n

Adoption and listings

Shiba Inu – like any other cryptocurrency, derives its value from popularity and adoption. And as its popularity surged, different brands started considering accepting it as a payment method for goods and services. The largest entertainment group in Paraguay – GRUPONICO – announced last year that it would be accepting Shiba Inu as a payment method for the 24 entertainment outlets they operate in the country.

Moreover, despite being barely one year old, Shiba Inu has been listed by virtually all the most popular crypto exchanges, including Binance, Coinbase PRO, OKEx, and Huobi Global. Currently, a massive campaign is taking shape online petitioning Robinhood – one of the easiest and most accessible trading platforms – to list Shiba Inu. Further adoption and accessibility through listing on more exchanges are also expected to give the Shiba Inu token prices a significant boost as we head into 2030.

FOMO

As the Shiba Inu community gets louder and celebrity endorsements of the Dogecoin killer surge, the fear of missing out grips the market and now everyone wants a piece of the ERC-20 token. Looking back and seeing that the coin is already up by more than 1,291,831% since its launch, they don’t want to miss the next crypto rally.

As Shiba Inu prices continue rising over the next few years, and its ROI continues to surge, the stream of investors that are expected to buy SHIB tokens due to FOMO is expected to increase and shape the token’s future prices.

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What Are Experts Saying About Shiba Inu In 2030?

A majority of crypto experts are confident that Shiba Inu token prices will continue soaring going into 2030. But as we had mentioned earlier, most are afraid of giving out a Shiba Inu price prediction for 2030 due to the number of variables that influence its prices. They will, therefore, only issue SHIB token price forecasts for up to 2025, 2026, or 2027. Here are some of their opinions:

Wallet investor

According to a technical analysis by Wallet Investor, Shiba Inu will rise again and reach $0.00007 within the next year. It will then continue with the uptrend, gaining more than 863.39% in the next 5 years and reaching $0.0002 by this time in 2026.

Gov.Capital

Gov.Capital combines Deep Learning processes and technical analysis in coming up with forecasts for different digital assets. Their updated analysis of Shiba Inu suggests that the token will rise and reach $0.00012 before December 2022. It also indicates that the coin prices will continue the uptrend for the next 5 years and probably reach $0.00116 by this time in 2027.

Coinpedia

Crypto experts at Coinpedia are also convinced that Shiba Inu prices will continue soaring into the foreseeable future. They argue that if the coin maintains its current trajectory, it will probably reach $0.0000861 by the end of the next 5 years. And they expect the fear of missing out as well as the current social and mainstream media hype around the Dogecoin killer to play a crucial role in pushing up its prices.

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When Will Shiba Inu Reach $1?

In its current form, it is highly unlikely that Shiba Inu will reach $1 any time soon. We say current form because the factors blocking its journey towards parity with the USD are primarily internal. For starters, there currently are about 550 Trillion Shiba Inu tokens today (there were 1 Quadrillion, but Vitalik Buterin promised to burn 90% of the 500 Trillion Shiba Inu given to him by the token developers).

This implies that Shiba needs to reach a $550 Trillion capitalization to reach $1. This is close to 30X the GDP of the USA and more than 423X times the entire market cap of the cryptocurrency industry.

Other factors that drag its campaign towards $1 include poor mainstream adoption (which would give an inherent value), and the fact that there is no guarantee that the hype it depends on to fuel its price action will live on forever.

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Conclusion

There is no doubt in the crypto analysts and SHIB token investors’ minds that Shiba Inu will rise again and be worth more in 2030 than it is today. Most of their predictions estimate that the Dogecoin killer’s value will be somewhere between $0.0002 and $0.0009. But there already are calls for campaigns to drive Shiba Inu’s price as high as $1 by the turn of the decade.

Remember, though, that the price prediction game is a huge gamble and that no one can accurately tell what the price direction that a cryptocurrency will take tomorrow, let alone 10 years from now. We can only use the relatively calm crypto market and hope that the ever-increasing hype around Shiba Inu doesn’t die down so that it continues to push the token prices up until 2030.

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