For Shiba Inu to reach 1 cent, the market cap of SHIB would be around $5.5 trillion. This valuation is almost the same as the total US budget for the year 2022. Shiba Inu is never likely to reach 1 cent, especially in the current market dynamics.
End of 2025: With Shiba Inu's developers still working on their Metaverse and decentralized exchange, and Shiba Inu's community expected to grow even further, we estimate that the SHIB price could cross $0.0001 by the end of 2025.
Currently, the SHIB token costs $0.00001153. In 10 years, it has the potential to reach $0.00002. However, some experts predict that it could reach $0.00009 by 2030. By the end of 2022, the coin will reach $0.00002162, increasing by 87%.
Coin burns could help Shiba Inu. But to bring supply down to even 999 billion tokens, you would have to burn 99% of today's supply. All of this means it doesn't look like Shiba Inu is heading for one cent anytime soon.
However, a per token price of $0.01 would imply a market cap in the trillions of dollars. If Shiba Inu were to reach a penny, the cryptocurrency would be worth multiples more than Bitcoin. Because of the massive amount of capital required for SHIB to reach a penny, it's highly unlikely this will happen.
This could also be an opportunity for investors to accumulate SHIB ahead of 2024 when the next Bitcoin halving takes place. If the impact of the last halving is anything to go by, Shiba (SHIB) could easily rally to over $0.01 in 2024.
For Shiba Inu to reach 25 cents, it will have to rise 31,250 times from its current price. If Shiba Inu gains 30% a year (assuming a burn of 50% of its supply) it will take 40 years for Shiba Inu to reach 25 cents.
To reach a Shiba Inu price of $0.01 there would need to be a market cap of $1 trillion. The Shiba Inu market cap is currently just $6.5 billion. At the all-time high this was just $40 billion. Bitcoin has not managed to hold a market cap above $1 trillion for more than a month after a decade of trading.
Highly unlikely. Although Shiba Inu seemingly outpaced all expectations in 2021, there are five core reasons its chances of hitting $0.001 in 2022 are extremely low.
Shiba Inu Price Prediction 2024
After the analysis of the prices of Shiba Inu in previous years, it is assumed that in 2023, the minimum price of Shiba Inu will be around $0.0000163184. The maximum expected SHIB price may be around $0.000020068. On average, the trading price might be $0.0000169283 in 2023.
Shiba Inu is one of the most popular cryptocurrencies and is widely adopted at this point. With supply continually going down, and demand on the rise, Shiba Inu is likely to test the $0.001 mark in 2030 for the first time since it was launched.
Shiba Inu will not hit 1 cent in 2023. Even the highest predictions do not see SHIB hitting $0.01 by 2030. 1 cent is seen as a huge milestone for Shiba Inu to reach, a milestone many holders are waiting for.
According to crypto analysts, if the crypto market rebounds to 2021 performance, Shiba Inu's price can reach $0.0001 in 2022. They also predict that the Shiba Inu price will touch $0.00015 by 2023, $0.0002 by 2025, and $0.01 by 2030, making an all-time hit.
No, Shiba Inu will not reach 1 cent by 2030. The Shib community is one of the most well-organized communities in the cryptocurrency market driving the cryptocurrency towards delivering more value to users and not remaining a meme coin.
Essentially, Shiba Inu is one of the cryptocurrencies that stand to do well in 2022 and the years to come. So, ultimately, Shiba Inu is a cryptocurrency worth investing in 2022. To buy Shiba Inu, one of the best exchanges to use is eToro.
However, the Shib community also burns their coins. They already burned 10 billion SHIB. Vitalik Buterin made the biggest burn. He received 50% of all SHIB tokens in 2021.
Currently, there is no reason to doubt that Shiba Inu will not reach US$0.5 by the end of 2022.
According to Shiba Burn Tracker, it would take 25 years to burn 90% of the original SHIB supply based on the burn volume in September. But even then Shiba Inu might not be worth $1. Burning 90% of the original supply would leave $100 trillion SHIB tokens in circulation.
Most analysts believe that Shiba Inu could rebound in 2023 alongside the rest of the cryptocurrency market. If this happens, most analysts expect Shiba Inu to trade at an average price of $0.00004 in 2023. In the long term, analysts expect Shiba Inu to hit a high of $0.01 in 2025 if there is another major rally.
As a long-term investment, it is projected that Shiba Inu could perform much better. According to predictions, the value of the Shiba Inu token could rise to $0.0000156 in 2023, and achieve a mean price of $0.0000289, by 2025. That's a modest but steady increase of over 162%.
According to TechNewsLeader's Shiba Inu coin price prediction for 2030, the token is expected to rise to an average price of about $0.00029591 by the end of 2030, representing an increase of over 2,500% at the time of writing.
According to crypto analysts, if the crypto market rebounds to 2021 performance, Shiba Inu's price can reach $0.0001 in 2022. They also predict that the Shiba Inu price will touch $0.00015 by 2023, $0.0002 by 2025, and $0.01 by 2030, making an all-time hit.
For instance, digital asset specialist Telegaon has outlined a scenario in which Shiba Inu could surpass $5 by 2050.
The average predicted price of Shiba Inu in 2025 is US$0.000726. The Shiba Inu price dynamics have been crazy last year. The SHIB coin skyrocketed in May in a very short period of time. However, it didn't succeed at keeping its position.