Shiba Inu Price Prediction 2022 to 2025: Can SHIB Price Reach $0.01?

The year is 2013 when the crypto-verse is still getting started. So how would one even know that years down the line, a Dog-based meme cryptocurrency could return millions in gains for investors?!

Successively, shibatoken shibatoken Coin / Token Followers : 0 View profile with its heroic run from the fourth quarter of 2021 and escalating dominance. Has been still earning prominence in the industry. Investors and traders are still keen on Shiba Inu, as the team will be venturing into a host of new-age applications.

The major one being its metaverse metaverse Dapp Followers : 0 View profile “Shiberse”, wherefore the business is dwelling on wild conjectures, over SHIB price prediction. Successively, novices seek answers to Shiba Inu price prediction for 2040 and Shiba Inu coin price prediction for 2050. Which, however, is practically not possible. That said, buckle up, as we take you on a drive-through of the SHIB price prediction for 2022 until 2025.

Overview

Shiba Inu (SHIB) Price Prediction

SHIB Price Prediction For November 2022

The Shiba INU price has been incremental since the last few days of October, which led to a bullish start for November. Meanwhile, the bulls are trying hard to hold the price above $0.0000115, which is also offering a strong base to rebound from in case of a pullback. The Shiba INU price is expected to consolidate for a while, which may end up in a significant push towards the target for the month of around $0.000015. Therefore, the Shiba INU price prediction for November 2022 could be around $0.00001295 to $0.00001412.

Shiba Inu Price Prediction For December 2022

The road ahead seems to be dark for Shiba Inu price, as metrics suggest netizens are moving away from the meme coin. According to the analysis by Lunar Crush, the social engagement of Shiba Inu is down by 18.3%, while mentions across social platforms have dropped by 11.7%. Successively, depleting numbers could pose a threat to SHIB, which might drop to $0.000012. 

However, the canine coin continues to remain the favorite of the top 1000 Ethereum whales. Big money investors could stock up on more SHIB amid the growing volume of Shiboshis. In such a case, the Shiba INU price could hit a maximum of $0.00001692. Considering the bullish and bearish targets, the average price might be $0.00001550. 

SHIBA Price Prediction For 2023

If SHIB price ends its trade for 2022 on a bullish note and carries forward its legacy. With further impetus from initiatives such as DAO, Shiba Inu game, and NFTs, the price could breach the target of $0.00002962. At the same time, usual buying and selling pressures could take the price to $0.00001786. Finally, bearish trends could leave the price at $0.00001520.

Shiba Inu Forecast For 2024

The growing acceptance by retail and luxury brands, could make way for global recognition and the influx of elite customers. Successively, the spike in influence is evident, as presently whales hold the lion’s share, followed by retail, and lastly by investors. That said, the volume assisted by retailers has been on a steady rise. 

Consequently, with an increase in buy orders, the price of SHIB could attain a pricier tag of $0.00004998. On the other hand, depleting stance of SHIB and lack of volumes could haunt the price down to $0.00002581. Considering the bullish and bearish targets the average price might find its base at $0.00003756. 

Also Read: Dogecoin (DOGE) Price Prediction 2022 – 2025

Shiba Inu Coin Price Prediction For 2025

If the visionary developments of the makers fall in place. And if Shiberse emerges as an eminent player in the metaverse, which is expected to boom over the years, SHIB price could land at $0.00008950. That said, if the community drives the price with usual buying and selling pressures, SHIB could trade at an average price of $0.00006565.

On the downside, if the investors fail to keep up with the liquidity of the digital asset on exchanges. Then, FUD and negative sentiments might lower the price to $0.00004390.

CoinPedia’s Shiba Inu Price Prediction

It is to stress that SHIB’s price is currently down over 87% from its ATH of $0.00008845. However, according to Coinpedia’s formulated Shiba Inu price prediction.If the bulls barge in, then SHIB might hit feasible highs of $0.000017 by the end of 2022.

On the downside, if the meme coin falls prey to bearish trends led by massive liquidations. The price could entangle into a bearish hook and hit the bottoms at $0.0000115.

Market Analysis

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What Is Shiba Inu (SHIB)?

SHIB is the native and the first token of the Shiba Inu ecosystem, which is powered by the Ethereum blockchain. Unlike its rival Dogecoin, which employs a tech similar to that of Bitcoin. The tokens are ERC-20s, which facilitate easier transactions.

Built for fun, this meme coin is now spreading its wings towards utility, with “n” number of initiatives. Such as its DEX shibaswap shibaswap Decentralised Exchange Followers : 0 View profile , Shiberse, and Shiboshis NFTs, amongst others. In addition, the fraternity is now expecting an announcement around Shiberse, which could bring impetus to the price action of SHIB.

Fundamental Analysis

Following SHIB, the network enlisted the next token, called LEASH. Kickstarting as a Rebase token, the network quickly flipped into a fungible form like the former token. Unleashing the token, the keys were burnt, and currently, the token has a fixed supply of 100k. Anyone who keeps up the liquidity of the currency will receive special rewards, says the network! 

Being in the market as a developing project, the network is highly secure as ethereum ethereum Blockchain NetworkTechnology Followers : 0 View profile powers it. With Ethereum planning to switch from PoW to the PoS consensus mechanism, we can expect Shiba Inu to have a part of the favours from this transition! The altcoin is listed on eminent exchanges like coinbase coinbase [email protected] Centralised Exchange Followers : 0 View profile Pro, binance binance [email protected] Centralised Exchange Followers : 0 View profile , kucoin kucoin Centralised Exchange Followers : 0 View profile , wazirx wazirx Centralised ExchangeCrypto trading and Information Followers : 0 View profile , and uniswap uniswap [email protected] Decentralised Exchange Followers : 0 View profile , amongst others.

Historical Market Sentiments

2020 and 2021

• The meme coin was found in August 2020, but remained negligible until April 2021.
• Following its listing by notable exchanges, the price surged to $0.000038 by the 19th of May 2021. 
• After vitalik buterin vitalik buterin co-founder at ethereum, Bitcoin Magazine Vitalik Buterin is a professional programmer and writer who is famous as the Co-Founder of Ethereum. Buterin along with Gavin Wood, Charles Hoskinson, Joseph Lubin, and Anthony Di launched Ethereum in 2014. He co-created Ethereum when he understood that he could construct a new, possibly enhanced version by iterating on the Bitcoin blockchain. 
   
  He has been involved in the Bitcoin community since 2011, writing and co-founding articles for Bitcoin magazine. Vitalik linked Bitcoin to a calculator and a future blockchain to a smartphone and used the same method of improving the system’s strength by making it more general purpose to blockchain network space.   
   
  He was honored with the Thiel Fellowship Award in 2014 for bringing his innovative scientific and technical projects to reality, won the World Technology Network prize, Fortune 40 under 40 lists, and appeared on the Under 30 list of Forbes at the age of 23. EntrepreneurDeveloper/ProgrammerAuthor Followers : 0 View profile released a part of his tokens to the Covid-19 relief fund, the price of SHIB dropped to $0.000018. 
• Later, as the bulls outgrew the bears, the canine token hit its new ATH of $0.0000388 on May 10th. 
• Post the listing on Coinbase, SHIB rose an astonishing 1216% to hit its ATH. That said, the annual trade was closed at $0.0000330. 

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