Shiba Inu Price Prediction for 2022-2025
Shiba Inu came from relative obscurity in early 2021 and during the recent bull run had an explosive year, even overtaking Dogecoin at one point. Its recent success was likely due to its boast of being a ‘Doge-killer' while rocking a lovable dog meme. It also had a hardened fan base wanting to overthrow Dogecoin's market cap on pure hype and sparse tokenomics.
In the late stages of 2021, Shiba Inu advertising also played a big role at rallying investors around it's pennant. Adverts were shown in high profile marketing spaces, like the Times Square and Piccadilly Circus. That helped Shiba Inu, and the greater crypto space, grow along with easy access through applications like Robinhood and eToro.
Based on Shiba Inu's recent success, you may be speculating its worth in the next few years. In this article, we'll look at some recent opinions on the future value of Shiba Inu and try to figure out what it means for you!
First, let's recap what we know about the coin.
What is Shiba Inu?
Ryoshi created the Shiba Inu (SHIB) cryptocurrency token in August 2020 as a decentralized meme token. We know very little about Ryoshi, since the name is only a pseudonym, and the creator(s) decided to remain fully anonymous. Ryoshi published a blog post I am Ryoshi, in which they discussed their identity.
The SHIB cryptocurrency token was a meme coin, which helped it make a name for itself. This meme coin eventually grew into its own ecosystem. Shiba Inu (SHIB) initially went live with a supply of 1 quadrillion pre-mined SHIB tokens.
Shiba Inu locked up 50% of these in Uniswap, a decentralized exchange (DEX) that operates on the Ethereum blockchain. Ryoshi sent the other half to Vitalik Buterin, the Ethereum co-founder. Vitalik Buterin took the SHIB tokens in his possession and made the largest cryptocurrency donation in history. He also burned 40% of its total supply using a dead wallet, which ensured the token's long-term success and sustainability.
The Shiba Inu Ecosystem
Shiba Inu is a unique token, meaning it created its own ecosystem. The ecosystem includes tokens like LEASH and BONE, and the crypto exchange ShibaSwap. Let's take a look at them as they influence the tokenomics of Shiba Inu and its price prediction.
The LEASH token was initially a rebase token, and its value was pegged to Dogecoin's (DOGE) value. Once the token was released, an announcement was made that the token wouldn't be a rebase token anymore. LEASH is different from SHIB, and its supply is only 107,646 tokens.
After LEASH, comes the BONE token. This token has a supply of 250,000,000 tokens only; it's the governance token. It allows its holders to vote on important updates to the Shiba Inu ecosystem. The more BONE tokens you have, the more weight your vote will have in the future regarding issues that need to be resolved.
ShibaSwap allows cryptocurrency tokens to be traded in a safe and reliable way. It aims to keep the system completely decentralized.
Shiba Inu (SHIB) is a cryptocurrency token that saw a high level of growth when it got listed on Coinbase on September 16, 2021. Platform customers were given the opportunity to trade, send, and receive or store SHIB in most regions which support the exchange.
The token also saw some traction once the developers announced that they'd have a non-fungible token (NFT) sale, with an NFT collection dubbed Shiboshis. 10,000 Shiboshis would be created at launch.
Keeping that in mind, the SHIB token has multiple functionalities. You can either bury or dig each token within the Shiba Inu ecosystem. Burying is a process where you stake the tokens, while digging allows you to farm for more tokens.
Bury and Dig SHIB
When you bury the SHIB token, you're rewarded with additional BONE tokens. 3% of all the BONE per block accumulates in xSHIB. You can then stake xSHIB, resulting in a buried SHIB token. That means xSHIB receives 0.3% of all Ethereum-based swap transactions within the ShibaSwap exchange. To get to know what staking is, watch our short Youtube video here.
Additionally, once you stake or bury the LEASH token in the ShibaSwap theme, you get rewards in the form of xLEASH tokens. Everyone within the ecosystem is given the option to hold xLEASH tokens. That, in-turn, makes them part of the liquidity pool, which deals in xLEASH. Every user in this pool gets 0.5% of all BONE tokens per block.
When you bury the BONE token, you get tBONE, which gives you the right to be a part of a pool that is responsible for providing its members with 1%$ of all BONE per block.
Community and Rescue
The SHIB token has a loving, supporting community called the #ShibArmy. The #ShibArmy is made up of talented individuals who want to build something. To support this movement, SHIB introduced the Shiba Inu incubator. It helps users find the tools they require to animate their inspiration and unique perspective.
Finally, we have Rescue, where SHIB is helping real-life dogs in need through Amazon Smile. They collect and donate a percentage of users' Amazon Purchases to the Shiba Inu Rescue Association.
As Shiba Inu created a full-fledged community and ecosystem, let's see how that affected market perception and its price.
SHIB Price Chart
To get a solid perspective on how the Shiba Inu can grow in the future, we first need to look at its historical price performance.
Shiba Inu saw a solid performance in 2021. It managed to increase its price exponentially to $0.00003503 on May 10, 2021, where it had a 24-hour trading volume of $19.55 billion. That's one of SHIB's first true price spikes. The SHIB token truly shined and showcased its huge potential for growth in the future.
On May 23, the token saw a sudden decrease in value and fell to $0.00000813 in value, where its 24-hour trading volume was at $1.59 billion. That means, within almost two weeks, the token's value declined $0.0000269, or 76.79%.
Then, on October 28, 2021, Shiba Inu (SHIB) reached its all-time high-value point of $0.00008616. That means from May 23rd to October 28th, the token's value increased by $0.00007803, or 959.78%.
SHIB had reached its all-time high for 2021. Later on, though, on November 4, 2021, the token's value decreased to $0.00004937, where it had a 24-hour trading volume of $11.49 billion. That said, this was only a $0.00003679 decrease, or 42.7%, which means it was still more valuable than it was before it reached its all-time high value point. SHIB hit its all-time low value on November 28, 2020, when the token's value was only $0.000000000056.
On January 13, 2022, the token had reached $0.00002958, with a trading volume of $1.47 billion.
Keeping this history in mind, let's discover what's in store for SHIB in the future.
Market Prediction for Shiba Inu in 2022
A few facts about SHIB before we start:
Has a circulating supply of 549,063.28B
Available on some of the largest cryptocurrency exchanges and brokerages, like Binance, Coinbase Exchange, Huobi Global, Binance, KuCoin, and Gate.io, for trading
Has a 24-hr trading volume of $1,485,069,454
Has a market cap of $16,198,390,657
Is the 14th largest cryptocurrency on CoinMarketCap
Shiba Inu Price Prediction 2022
Let's discover what 4 sources view Shiba Inu's price performance for 2022.
In the short-term, Longforecast predicts a downward spiral, with SHIB's value closing at $ 0.00002815 in February. Longforecast expects SHIB to reach as low as $ 0.00001987 in April, before kicking things back up. Longforecast predicts that SHIB has the potential to close at $0.00004208 by December 2022.
DigitalCoinPrice predicts that SHIB's coin price would be up to an average of $0.00004091033 by December 2022. Meanwhile, Digitalcoinprice.com also predicts that SHIB will record an almost 46.66% change from its current price, expecting an upward spike by October.
DigitalCoinPrice conforms with Longforecast's view on SHIB's price prediction.
TradingBeasts's experts predict 2022 will be a solid year for the SHIB token. The SHIB token price prediction for December 2022 is higher than its current value, as tradingbeasts.com predicts that SHIB's average price will be $0.0000465, while the maximum price they have for 2022 is $0.0000582, expecting this price surge to potentially occur in December.
4. Wallet Investor
Wallet Investor predicts that SHIB will have resistance levels at $0.0000383, $0.0000354, and $0.0000336, with a pivot point at $0.00003060. According to walletinvestor.com, the price forecast for SHIB within a year is the most ambitious, so far, at $0.0000764 USD.
Roundup–Shiba Inu Price Predictions 2022
2022 is still in its first quarter, so SHIB has so much to achieve from now until December. Several factors can drive SHIB's value forward to new heights throughout 2022. SHIB's value has the potential to shine, assuming it gets more mainstream adoption. For example, a whale purchased 6 trillion SHIB on Thursday, September 30, 2021. This stem was followed by an additional 276 billion SHIB tokens' purchase.
According to DeFi Llama, the total value locked (TVL) for ShibaSwap was $296.78 million at the time of writing. The social media attention geared towards the SHIB cryptocurrency token also increased. Elon Musk, the CEO of Tesla, tweeted a picture of his puppy named “Floki." It was an image of a Shiba Inu dog riding in a Tesla Car, which led to an increased activity on the #SHIB hashtag as it became popular. What's more, SHIB, LEASH, and BONE came together to create ShibaSwap. ShibaSwap is the next big step in decentralized finance (DeFi) platforms.
Since Ryoshi, the founder(s), are anonymous, we don't know too much about their future projects. Still, it's clear that ShibaSwap's future is bright with many developments planned.
Across the board, we can expect SHIB to reach $0.0004 by the end of the year at the least, which showcases a bullish outlook for the SHIB token.
Shiba Inu Price Prediction 2025
Most investors expect bull runs to occur every four to five years and that's why the SHIB predictions for 2025 interest us. Yet, when we predict something too far in the future, the prediction is less reliable. Overall, though, the SHIB predictions for 2025 shape up to be mostly positive across the board.
Let's see what the 4 platforms we saw before and others predict for 2025.
1. Trading Beasts
Based on SHIB's current value, TradingBeasts predicts that SHIB will increase by 100% by 2025. Any investor looking at this prediction would look at current returns from index funds, like S&P 500. Then, they'd decide that they could make more money with less risks for the same timeframe.
If you're scratching your head, the S&P500 index fund enables you to effectively buy shares in the top 500 companies in the stock market by market cap weighting. The fund reflects the market, and it's one of the most stable long term assets around. If TradingBeasts is correct, Shiba Inu won't outperform the market.
2. Crypto NewsZ
CryptoNewsZ suggests SHIB could possibly reach a price of around $0.000125 by 2025, an almost 236.70% gain based upon its current value. It's suspected that a $0.00010 token value will likely mean a 35.46% annualized return over the next four years.
Yet, looking at this objectively, is this possible? If bull and bear markets continue the same way they have after Bitcoin's halving events, then this annualized return won't occur. Alternatively, if the crypto volatility dampens due to adoption, then it may be possible to have a consistent average return. At present, the current consensus is that only 2024-2025 values will show the largest gains due to the bull run cycle and an inflated greed index.
Longforecast estimates the token can increase to $0.00004920 by 2025. Still, it shows a monthly volatility of anything between 30 to 50%. In terms of sentiment, while you may have SHIB maxis that are more than happy to hodl, the token may waver over the next four years with this level of volatility. Yet, some may try swing trading or short term investing in the project to profit from the volatility.
DigitalCoinPrice expects the SHIB token to reach a value of $0.000065 by 2025. They predict continual volatility without a clear trend. That's likely if the cryptomaket stabilizes thanks to adoption, and some are speculating that this has already happened.
If so, we'll never see future bull markets similar to the previous years. The net result is that crypto-assets would trade like conventional stocks73 within the next five years, and not as hypestocks.
Project fundamentals will eventually be a key requirement for a project's success. This would effectively veto rug-pull low market cap alt coins and possibly quazi-utility coins, which could include Shiba Inu if the blockchain doesn't see further development.
5. Wallet Investor
Wallet Investor predicts the price will reach $0.000237 per token. Their analytics are shown relatively clearly on the blog post. They suggest that a good return could be made with an expected gain of 752.52% based on a purchase price of $0.0000278.
Based on their tea leaves, an approximate 7.5x gain is possible based on this entry price. In crypto circles, 10x projects are considered risky, while a 3x project is relatively stable.
For a project that ranks within the top 20 for market cap, this seems like a sensible prediction. That is, if we assume bull runs continue and global fiat currencies don't hyperinflate or crash in the meantime.
6. Market Realist
Market Realist suspects that Shiba Inu will reach $$0.000061. If this prediction was actualized, it'd mean a 620% increase from its current prices of $0.0000085. That isn't too far away from Wallet Investors' suspected increase.
Yet, this prediction isn't necessarily realistic, even though it comes from a source called Market Realist. It doesn't mean that a similar hypothesis adds credibility between the prognostication of multiple parties, either!
Cryptopolitan suggests that the SHIB community should expect the token to reach a $0.0000794 price mark by the end of 2025. It expects a peak market price of $ 0.0000757 in June 2025.
This suggests relatively stable price action for the token. The real question is, although monthly values are given in Cryptopolitan's article, what metrics are actually used to calculate this valuation? We don't really know. As such, these granular predictions' reliability is anyone's guess!
In a recent blog post, NASDAQ questions if SHIB could reach $1 by the end of 2025. That's because a $17 investment in November 2020 would be worth $10 million today! Since this means the token's price grew by 60,000,000%, then surely it could increase in a comparable fashion to meet a $1 price prediction. If so, that'd mean an average annualized return of 1,212%, which sounds too good to be true.
Is this happening during the next bull run? Unfortunately, unless Shiba Inu burns many tokens, unit bias suggests that a $1 Shiba Inu price would imply a $500 trillion market cap! In comparison, global gross domestic product is expected to rise to $116 trillion.
They mention that having a lack-luster utility makes Shiba Inu an investment to avoid over the long term, as it'll likely become eclipsed by other more worthwhile projects, or even the latest hypestock meme coin.
Benzinga speculates on Shiba Inu's best value guess, estimating it at $0! Yep, $0. Why does Benzinga have such low expectations. It sees Shiba Inu as not contributing real value to DeFi. It also expects the token won't survive a multi-year bear market.
Most price predictions for SHIB in 2025 were around $0.0005, with huge variation between prognosticators. Investors normally follow the hype and others' predictions, meaning it's likely that we'll see growth.
Shiba Inu (SHIB) token has solid potential for growth across the board if protocol developers stay with the project. Currently, we're seeing mass migration of ecosystem developers going from Ethereum to Solana due to its technical fundamentals. If developers working on Shiba Inu decide that the project has reached its apex, they may flock to Solana, which poses a major risk to this project's future.
It's uncertain if SHIB is a good investment or not in terms of long term investment. The forecasts seem to predict that the Shiba Inu (SHIB) token will trend higher over the long term, but the potential for the end of major bull markets may seal its fate.
Keep in mind that it could take several years for the token to establish a new all-time high (ATH), assuming it can endure a fickle and volatile marketplace. It's also critical to remember that forecasters usually get predictions wrong, especially the longer term assessments.
Shiba Inu Price Prediction–The Verdict
Shiba Inu (SHIB) isn't just the token, but the entire ecosystem featuring LEASH, BONE, and the ShibaSwap, all of which work together to make the network unique and powerful. Shiba Inu is constantly developing new products, which could help it reach new heights.
It's important to note here that the cryptocurrency market is extremely volatile, making it extremely difficult to make accurate predictions. Forecasters can't accurately predict a coin's price in a few hours, which means that you should take long-term estimates with a grain of salt. Analysts and online forecasting websites could be wrong.
As such, we always recommend that you do your own research, and consider the latest market trends, news, and technical and fundamental analysis conducted before you make any investment decisions. Remember: never invest more than you can afford to lose.
That said, cryptocurrencies as a whole are a high-risk investment, specifically within the space of meme tokens, which SHIB is.
SHIB's potential future price increase depends on it finding a use that can lead to the token's widespread adoption. The coin's future is also dependent on activity seen in the various cryptocurrency markets. With new coins and meme coins being introduced within the cryptocurrency space on a regular basis, we could even see a rival meme coin that could capture the attention of investors.
For the time being, Shiba Inu's investors have been asking for a Robinhood listing for months, and it seems like this might come to reality soon. On January 12, Breaking Crypto tweeted out a prediction that the token might get listed on Robinhood at some point in early 2022.
Robinhood is a major trading platform. Since adding cryptocurrency to its expansive collection, it kept on growing throughout the past few years. That said, we can expect SHIB's value to increase because of the hype surrounding its addition to Robinhood. It's also very likely that it'll grow more after its addition. Another plus is if SHIB keeps impressing with ShibaSwap and other developments, it has a bright future ahead.
How to Buy SHIBA INU
Atomic Wallet's Interface allows you to purchase many cryptocurrency tokens directly, using your debit card. You can manage your SHIB, Ethereum, XRP, Litecoin, XLM, and 300+ other coins and tokens available on the Atomic Wallet.
How to Exchange SHIBA INU
The process is simple to buy or exchange Shiba Inu (SHIB) tokens using Atomic Wallet. Follow these 8 simple steps to complete the process:
Download the Atomic Wallet application and connect
Open the Atomic Wallet application
Navigate through the left sidebar, and find an interface for buying Cryptocurrencies
Choose the currency you'd like to exchange, and enter the desired amount (Atomic Wallet's minimum amount is $50)
Check the estimated amount to receive in crypto equivalent (this includes all fees)
Click Continue after you go through all the information
Fill the form
Double-check the information and click Pay now
Shiba Inu (SHIB) has a bright future ahead, according to analytical data conducted by several websites, many of which use algorithms to estimate SHIB's growth.
These aren't always 100% correct and should be taken with a grain of salt. In any case, SHIB as a token has seen a tremendous level of growth historically, and with an enthusiastic community surrounding it, it shows no signs of stopping.
Before you decide to buy SHIB, ensure that you go over all of your available options. When using Atomic Wallet, ensure that you also double-check the network fees. Otherwise, the entire process is extremely streamlined, and you'd have an easy time filing your Atomic Wallet with SHIB tokens.
What is a cryptocurrency?
A cryptocurrency is a digital currency that uses cryptography to secure its transactions. It has no central or regulating authority. Instead, it uses a decentralized system to record transactions and issue new units.
What is a cryptocurrency wallet?
A cryptocurrency wallet, like the Atomic Wallet for example, is an application that lets you store and retrieve digital assets. It's also used as an address through which transactions can occur.
What is Shiba Inu (SHIB)?
Shiba Inu (SHIB) is a cryptocurrency token based on a meme. It adds value to its users through many different use-cases and projects within its ecosystem.
Who founded Shiba Inu (SHIB)?
Shiba Inu (SHIB) is a cryptocurrency token founded by an anonymous developer known as Ryoshi.
Is Shiba Inu (SHIB) a safe investment?
This is highly dependent on the token itself. Shiba Inu (SHIB) has seen increases in value and popularity. It still carries risk, because it's a volatile cryptocurrency, not a stablecoin.
Shiba Inu Official Website
Check the official Shiba Inu website here.
Shiba Inu Twitter Feed
Shiba Inu fanatics use Twitter to find out the latest news.
Shiba Inu on CoinMarketCap
Want to see Shiba's tokenomics on CoinMarketCap? Find it here.
Shiba Inu Blockexplorer
Explore the latest movements and price for Shiba Inu on the Blockexplorer.
Shiba Inu Discord
Join Shiba Inu's Discord here.
The SHIB price prediction article is not financial advice. Due to the fact that cryptocurrencies have a reputation for being volatile currencies, their prices can change consistently. Ensure that you do the right amount of research prior to making an investment of any kind, as each investment carries a high level of risk associated with it.