Dogecoin (DOGE) The coin, which uses an image of the Shiba Inu as its avatar, is accepted as a form of payment by some major companies.
If you're looking for the next Shiba Inu, then you need to check out Bitgert (BRISE). This is a crypto project that has piqued crypto experts and investors' interest in 2022 after posting one of the biggest price growths this year.
Shiba Inu coin is based on Ethereum altcoin that features a Shiba Inu Dog as its mascot, a Japanese dog breed. Shiba is known to be an alternative to Dogecoin and is also called 'The Dogecoin Killer' by its supporters and the community.
Promising Altcoins that could Explode in 2022: Big Eyes Coin, Polkadot And XRP.
How Many SHIB Coins Are Left? SHIB started with a supply of 1 quadrillion, in which 50% was locked in Uniswap, while the other half was burned to Ethereum co-founder Vitalik Buterin. Currently, there are 497 trillion SHIB tokens (not coins) in circulation, with a total supply of 1 quadrillion.
Shiba Inu price prediction December 2023: Shiba Inu's price for December 2023 according to our analysis should range between $0.000037 to $0.000042 and the average price of SHIB should be around $0.000039.
SHIB Price Forecast for November 2023
Based on the price fluctuations of Shiba Inu at the beginning of 2022, crypto experts expect the average SHIB rate of $0.0000110989 in November 2023. Its minimum and maximum prices can be expected at $0.0000106889 and at $0.0000129187, respectively.
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.
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.
For instance, digital asset specialist Telegaon has outlined a scenario in which Shiba Inu could surpass $5 by 2050.
Based on their SHIB price predictions, the coin may drop lower to $0.00000157 by 2023. Whereas another expert GOV Capital predicts that Shiba Inu (SHIB) price may be $0.000395 by the next 5 years.
And after Shiba Inu fell 60% from its high, many investors are hoping for a repeat performance. In fact, some Shiba supporters are forecasting a token price of $1 by 2025.
In terms of price value, SHIB has an outstanding potential to reach new ATHs. It is forecasted that Shiba Inu will increase in value. According to many experts and business analysts, SHIB can hit the highest possible price of $0.001 by 2030.
A $1 price target isn't likely
And at $1, Shiba Inu's market cap, assuming there are the same number of tokens outstanding, would total a whopping $549 trillion.
Who Owns the Highest Number of Shiba Inu Tokens? A former Ripple (XRP) whale owns the highest number of SHIB tokens in the world. On July 5, 2022, the mysterious and unidentified whale transferred his/her XRP holdings to SHIB worth $211 million.
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Technically speaking, Shiba Inu could reach a penny if enough capital were to start investing in dog-themed cryptocurrencies. But since Shiba Inu would need trillions in capital to reach $0.01, institutions and governments would need to purchase SHIB, which seems highly unlikely.
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.
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.
Shiba Inu price prediction May 2025: Shiba Inu's price for May 2025 according to our analysis should range between $0.000056 to $0.000065 and the average price of SHIB should be around $0.00006.
In long term, the Shiba Inu Coin has huge potential. Our maximum price prediction for Shiba Inu Coin is $4.15 in 2040. However, the minimum price level of a SHIB Coin can be around $1.13.
Telegaon has predicted that Shiba Inu will reach a minimum of $5.42 and a maximum price of $9.61 in 2050. The firm claims that SHIB's average trading price in 2050 could be around $7.89. For SHIB to reach $5, the token needs to spike 26,000,000% from its current price.
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.