Shiba Inu (SHIB) was developed to answer a simple question: What would happen if a cryptocurrency project was 100% run by its community?
SHIB is a token designed to be an Ethereum-compatible alternative to Dogecoin (DOGE). Like DOGE, SHIB is intentionally abundant — with an initial circulating supply of one quadrillion coins.
The Shiba Inu ecosystem recently threw in support projects such as an NFT art incubator and a decentralized exchange called Shibaswap behind the crypto, which has somewhat improved the appeal of the token.
The price of SHIB is currently around $0.000006929, with a market capitalization of $4 billion. It is down over 92% from its all-time high price in October 2021.
According to Wallet Investor, SHIB is expected to experience a significant decrease in market price in the coming months, potentially falling to as low as 0.000001086 USD by 2024.
DigitalCoinPrice expressed a bullish outlook on SHIB. Their price prediction for 2024 indicates that the token could have an average price of $0.0000261. It also forecasts a continued bullish momentum for the next decade, with the token’s price reaching an average of $0.0000737 by 2029.
In 2024, our SHIB price prediction anticipates the price of SHIB to reach a minimum price of $0.00001358, an average of $0.00001408.Shiba Inu price forecast for 2024 suggests that the coin price will continue to rise and attain a maximum of $0.00001620.
In 2025, it is expected that SHIB will reach its maximum price at around $0.00002379, with a minimum price of $0.00002015 and an average of $ 0.00002085. While the prices may fluctuate, experts believe that 2025 will be a year of significant growth for SHIB.
As we move towards 2026, the forecasts suggest that SHIB will continue to grow steadily, with a minimum price of $0.00003036, an average of $0.00003119, and a maximum price of $0.00003480.
Shiba Inu coin price prediction for 2030 shows a maximum price target of $0.00011257, with a minimum trading price of $0.00009144 and an average price forecasted at $0.00010450.Shiba Inu’s growth prospects remain promising for investors looking to hold onto the coin for longer-term gains.