After a short burst in popularity, Shiba Inu (SHIB) is trading for $0.000007307 in September 2023, dropping –38.73% within a year. Is this ‘Doge-killer’ token an investable option? Find out as we discuss technical analysis and Shiba Inu price prediction for 2023, 2025, 2030, 2040, and 2050.

Ticker NameSHIB
Ticker Value (24h)$0.000007307 (-0.36%)
Price Variation (7d, 1M)-0.75% , -11.04%
Volume (24h)$69,791,299 (13.70%)
Market Cap$4,301,969,189 (-0.33%)
Fear/Greed Index46 (Fear)
Market Sentiment82% Bearish
All-time-high$0.00007924 (28/10/2021)
All-time-low$0.000000000101 (01/09/2020)

Check out the latest price of Shiba Inu and conduct self-research before investing.

Is Shiba Inu a Good Investment?

Yes, Shiba Inu is still a good investment considering that the community behind it is still strong. Unlike most cryptocurrencies, Shiba Inu (SHIB) has limited uses and is thus popular as a ‘meme coin’. While tokens with various uses are struggling to stay relevant in the present market, Shiba Inu is within the top 20 tokens even after a crypto winter. Due to this, we believe it to be a good investment, but please conduct self-research before investing.

Shiba Inu Price History

Around August 2021, an unidentified entity or group gave birth to the infamous cryptocurrency Shiba Inu (SHIB). Inspired by the popularity of Dogecoin (DOGE), it started gaining popularity within a year, from an initial coin offering (ICO) of $0.000000001009 to $0.000007307, a growth of 552001.91% till September 2023.

Below you can find a brief Shiba Inu price history table containing quarterly alterations in the price of SHIB.

DateMin PriceMax Price
Sep 20210.000005620.00000903
Dec 20210.000028100.00004901
Mar 20220.000020430.00002914
Jun 20220.000007050.00001285
Sep 20220.000010620.00001404
Dec 20220.000008440.00001257
Mar 20230.000001010.00001206
Jun 20230.000008340.00000958
Sep 20230.000007000.00000753

Shiba Inu Price Prediction 2023 to 2050

YearMin PriceAvg PriceMax Price

Shiba Inu Price Prediction 2023

Shiba Inu price prediction for 2023 reveals a maximum price of $0.00001045 with minimum price around $0.00000672. Due to the bearish market, a drop in Shiba Inu value might come around but right after a steady growth is expected. By the end of 2023, average price of SHIB is forecasted around $0.00000720.

Shiba Inu Price Prediction 2024

Price prediction of Shiba Inu between 2023 and 2024 reveals that the highest value will be around $0.00001203 and go as low as $0.00000746. After a prolonged bearish market trend, it is expected that buyers will take increased control by the end of the year and give Shiba Inu a little push for 2025. Throughout 2024, average prices of SHIB are forecasted to be close to $0.00000912.

Shiba Inu Price Prediction 2025

Forecasting for Shiba Inu price in 2025 suggest values between $0.00001284 (high) and $0.00000955 (low). Technical analysis for short-term shows ‘sell’ signs for Moving Average with ‘buy’ suggestion at MACD level and Momentum. This slight hint brings a possibility of witnessing average prices around $0.00001153.

Shiba Inu Price Prediction 2030

Between 2030 and 2040, forecasting indicates prices of Shiba Inu reaching a maximum of $0.00002930 with average trading around $0.00001479. During this period, market sentiment is predicted to be bullish mostly. However, bearish trends are also expected to come around, plummeting prices to the lowest at $0.00001382.

Shiba Inu Price Prediction 2040

Shiba Inu price prediction for 2040 forecasts prices to touch a high and low of $0.00014832 and $0.00007613. The present all-time-high price of SHIB is predicted to be broken by a new record between 2040 and 2050. Technical analysis is hinting ‘buy’ signs for MACD level with Relative Strength Index (RSI) in the ‘neutral’ area which can bring average prices of SHIB close to $0.00009437.

Shiba Inu Price Prediction 2050

Forecasting for Shiba Inu value in 2050 is predicting a maximum price of $0.00537607. In the present market, there are limited hints for such a far stretched period. Even so, market sentiment after 2050 is expected to be bearish but due to various bull rallies, average prices could settle around $0.00078196.

Should I Buy Shiba Inu?

Yes, you can buy Shiba Inu if you are looking for a valid meme coin other than Doge coin or Baby Dodge. DODGE captured the market quickly due to the influence from Elon Musk, but during the peak of SHIB, it was considered as a better alternative. In September 2023, it seems that not much has changed since Dodge has lost all the hype behind it. Before you invest in Shiba Inu, it is suggested to dig deeper into the cryptocurrency.

Realistic Shiba Inu Price Prediction

Shiba Inu price prediction in a realistic perspective reveals that due to the heavily bearish market, token prices might drop further. In a persistent bearish trend, a minimum low of $0.000006745 might be witnessed with average numbers around $0.000007345.

Please analyze the candlestick chart of SHIB and follow the latest cryptocurrency news to make an informed investment decision.

Frequently Asked Questions

Will Shiba Inu reach $1?

No, the chances of Shiba Inu reaching $1 is very low since it is meant to be a meme coin with bulk supply. The peak days of Shiba Inu came from extreme hype and more of it is required to even reach $0.05

Is it the right time to invest in Shiba Inu?

Shiba Inu (SHIB) prices have dropped in the past three months, and with the forecast suggesting bullish movement in the future, investing now might be right. However, please consider that market sentiment is 82% bearish and prices can drop also.

Will Shiba Inu ever hit $0.01?

SHIB will need 83,000% growth to reach $0.01, which can happen in a bull rally but could take until 2050 to do so. Even so, chances are low since the initial popularity of Shiba Inu is showing no signs of return.

Will Shiba Inu price go up?

According to our analysis of Shiba Inu and forecasting of price, it is anticipated to grow till within 2023. However, due to the heavy bearish market, it is also possible that a dip might be visible very soon. Investors who are interested in Shiba Inu are suggested to analyze the market and invest during this dip.

Where to Buy Shiba Inu?

You can buy Shiba Inu from any cryptocurrency exchange platform like Binance. After logging in, you need to make deposits on your cryptocurrency wallet using credit card, debit card, or bank transfer.

Enjoyed reading this article? Check out similar works on cryptocurrency price predictions.

About Aritra

Aritra is an experienced cryptocurrency analyst with a deep understanding of market shifts. His proficiency in identifying investment opportunities has helped him build a strong sense of the Web3 world. Aritra is a trader turned writer and presently predominates in the crypto writing industry as he can guide new investors as well. When he is not decoding crypto jargon, he can be found streaming on Twitch.

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