The ongoing recovery leading to the breakout brings us to the burning questions on every SHIB enthusiast’s mind: “Will Shiba Inu (SHIB) reach 1 cent?” or “Will Shiba Inu go up?” or “Is Shiba Inu a good investment?”

Furthermore, we’ve crafted a comprehensive Shiba Inu price prediction for 2023 – 2025 to address these pressing queries.

Indeed, join us on this analytical journey as we explore the potential SHIB price prediction trajectory for 2023 – 2025 and beyond.

Overview

Cryptocurrency	Shiba Inu
Token	SHIB
Price	$ 0.00000945 -6.87%
Market Cap	$ 5,568,183,241.5769
Trading Volume	$ 375,460,365.9743
Circulating Supply	589,346,914,631,298.1250
All-time High	$0.00008845 Oct 28, 2021
All-time Low	$0.0…08165 Sep 01, 2020
24 High	$ 0.0000
24 Low	$ 0.0000

What’s New With Shiba Inu?

Famously known as the “Dogecoin killer,” SHIB, the native token of the Shiba Inu ecosystem, is powered by the Ethereum blockchain. However, it has transcended this moniker, notably gaining traction and legitimacy through significant milestones like its listing on the premier crypto exchange, Coinbase. 

Unlike its rival Dogecoin, which employs a tech similar to that of Bitcoin, SHIB tokens are ERC-20s, thus facilitating easier transactions.

Simultaneously, with the dog-themed meme coins in the limelight, read our Dogecoin (DOGE) Price Prediction to find out if DOGE will hit $1.

Additionally, Shibarium Network is Shiba Inu’s Ethereum Layer-2 blockchain network. The network chiefly uses tokens like SHIB, BONE, and LEASH, primarily focusing on DeFi and Gaming. Despite entering a field already saturated with competitors, Shiba Inu aims to make a place of its own. The aim is evidently to bring a real-world use case for its SHIB token and become more than a meme coin.

Shiba Inu Coin Price Prediction December 2023

Following the long-coming resistance trendline breakout, the Shiba Inu price heads higher with unleashed momentum and tests the $0.000010 mark. Despite the breakout rally giving a hike of 27% within two weeks, the meme coin rally fails to sustain above the psychological mark resulting in a pullback phase.

Starting the week with a bearish candle, the Asian hours marked a red phase for the meme coin. Moreover, the increased bullish influence results in a golden crossover as the 50-day EMA crosses the 200-day EMA.

Currently, the Shiba Inu price trades at $0.00000971 with an intraday fall of 6%, forming a huge bearish engulfing candle.

Considering the buyers manage to regain the bullish momentum, the SHIB coin price can cross the next resistance level at the $0.000010 mark to reach the $0.00001437. However, a slip below $0.00000836 can drop the price to $0.00000750.

Currently, Shiba Inu’s price is on a recovery trend, and it likely may continue to gain momentum and result in a breakout rally. Remarkably, the price has broken the streak of lower high formations with a double bottom formation and is now ready to challenge the sellers at $0.000010.

Shiba Inu (SHIB) has had a challenging start to 2023, with its price falling by 7.64% year-to-date. Currently, it’s trading at a 88.37% discount from its all-time high of $0.00008854. Moreover, the golden cross has seen SHIB gaining momentum and supporting the optimistic viewpoints.

Interestingly, the SHIB price shows a double bottom in action ready to a give a bullish break, if the momentum increases for meme coin.

If the price can continue to rise above this neckline, it possibly could reach the target of $0.00002026 before the end of 2024. Yet, if the SHIB price reverses, it undoubtedly could drop to $0.00000750. Overall, the outlook for SHIB is positive, although there is still some risk of a decline.

Shiba Inu Coin Price Prediction 2025

The price of SHIB could reach $0.00003965 if the developers’ visionary developments come to fruition and Shiba Inu becomes a major player in the metaverse. However, if the community drives the price with typical buying and selling pressures, SHIB could trade at an average price of $0.000035215. 

On the other hand, if investors fail to keep up with the liquidity of the digital asset on exchanges, FUD and negative sentiments could lower the price to $0.00003078.

Shiba Inu Coin Price Prediction 2026 – 2030

Shiba Inu Price Prediction 2026:

Initially, the Price Prediction for 2026 suggests prices will range from 0.00005188 to 0.00006392, settling at an average of roughly 0.0000579.

Shiba Inu Price Prediction 2027:

Subsequently, Shiba Inu 2027 Prediction indicates the price might oscillate between 0.00007925 to 0.00009784, averaging notably at approximately 0.000088545.

SHIB Price Prediction 2028:

Furthermore, the Shiba Inu Price Prediction 2028 projects values between 0.00010662 to 0.0001253, converging around an average of 0.00011596.

SHIB Price Prediction 2029: 

Then, by 2029, our SHIB Price Prediction envisions the coin’s value to lie between 0.00013399 to 0.00017039, with a centered average of about 0.00015219.

SHIB Coin Price Prediction 2030: 

Lastly, approaching 2030, the SHIB price prediction foresees prices fluctuating between 0.00016136 to 0.0001958, culminating at an average estimate of roughly 0.00017858.

Shiba Inu Price Prediction 2023 – 2030

CoinPedia’s Shiba Inu Price Prediction

Undeniably, the Shiba Inu price prediction reveals it’s down over 88% from its ATH of $0.00008854. Therefore, many are questioning, is Shiba Inu dead?

However, as highlighted in our SHIB Price Prediction above, CoinPedia’s insight into Shiba Inu’s future remains bullish. Surprisingly, with the $0.0000080 breakout, SHIB might soar to promising highs of $0.00001437 by the end of 2023.

Conversely, on the downside, if this meme coin dives below the trendline, SHIB prices could plummet to a mere $0.00000750.

Additionally, we anticipate the BTC price to carve a new pinnacle, reaching $0.00001437 by 2023.

Market Analysis

Shiba Inu Historical Market Sentiments 

FAQs

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