Monday, March 20, 2023
198 Mexico News
No Result
View All Result
  • Home
  • BUSINESS NEWS
  • VIDEO NEWS
  • FEATURED NEWS
    • MEXICO USA TRADE NEWS
    • MEXICO EU NEWS
    • MEXICO UK NEWS
    • MEXICO BRAZIL NEWS
    • MEXICO INDIA NEWS
    • MEXICO GULF NATIONS NEWS
    • MEXICO CHINA NEWS
    • MEXICO EGYPT NEWS
    • MEXICO AFRICA NEWS
    • MEXICO NIGERIA NEWS
    • MEXICO THAILAND NEWS
  • POLITICAL NEWS
  • TECHNOLOGY
  • CRYPTO
  • AGRICULTURE
  • MORE NEWS
    • MEXICO IMMIGRATION NEWS
    • MEXICO SCHOLARSHIP NEWS
    • MEXICO VENTURE CAPITAL NEWS
    • MEXICO EDUCATION NEWS
    • MEXICO BUSINESS HELP
    • MEXICO PARTNESHIPS
    • MEXICO MANUFACTURE NEWS
    • MEXICO UNIVERSITY NEWS
    • MEXICO JOINT VENTURE NEWS
  • ASK IKE LEMUWA
  • CONTACT
198 Mexico News
  • Home
  • BUSINESS NEWS
  • VIDEO NEWS
  • FEATURED NEWS
    • MEXICO USA TRADE NEWS
    • MEXICO EU NEWS
    • MEXICO UK NEWS
    • MEXICO BRAZIL NEWS
    • MEXICO INDIA NEWS
    • MEXICO GULF NATIONS NEWS
    • MEXICO CHINA NEWS
    • MEXICO EGYPT NEWS
    • MEXICO AFRICA NEWS
    • MEXICO NIGERIA NEWS
    • MEXICO THAILAND NEWS
  • POLITICAL NEWS
  • TECHNOLOGY
  • CRYPTO
  • AGRICULTURE
  • MORE NEWS
    • MEXICO IMMIGRATION NEWS
    • MEXICO SCHOLARSHIP NEWS
    • MEXICO VENTURE CAPITAL NEWS
    • MEXICO EDUCATION NEWS
    • MEXICO BUSINESS HELP
    • MEXICO PARTNESHIPS
    • MEXICO MANUFACTURE NEWS
    • MEXICO UNIVERSITY NEWS
    • MEXICO JOINT VENTURE NEWS
  • ASK IKE LEMUWA
  • CONTACT
No Result
View All Result
198 Mexico News
No Result
View All Result

Shiba Inu Token (SHIB) Price Prediction for 2022, 2023, 2024, 2025, 2030

by 198 Mexico News
January 14, 2022
in MEXICO CRYPTO NEWS
Reading Time: 9 mins read
A A
0
Home MEXICO CRYPTO NEWS
Share on FacebookShare on Twitter

[ad_1]

You might also like

Ethereum Weekly Exchange Net Flow Points To Growing Accumulation Trend

Thai SEC launches digital hotline for Zipmex users

Ethereum to Hit $14K in Less Than a Decade (Survey)

Shiba price prediction

intermediate

In the last few weeks, it seems that all crypto investors are talking about the Shiba Inu token (SHIBA) while the financial media are writing about it a lot. What is known about this cryptocurrency, and why is it called ‘the Dogecoin killer‘? In this article, we try to depict fully the current position of the new cryptocurrency on the market and what the future holds for it.

Shiba Inu price today

What Is the Shiba Inu Coin?

Shiba Inu (SHIB) is a token inside the Shiba Inu ecosystem. This decentralized meme token was created in August 2020 by Ryoshi — an anonymous person or a group of people. Ever since the Shiba Inu coin hit the cryptocurrency market, it has been compared to the DOGE coin, but in reality, they have nothing in common besides both being meme coins and an occasional endorsement from Elon Musk. The project even parodies Dogecoin with its use of Shiba Inu dog, but SHIB’s developers are aiming to solve serious, real-life problems.

SHIB was released on the Ethereum blockchain as an ERC-20 token with a total supply of one quadrillion coins. Before launch, developers transferred half of the digital coins to the Uniswap DEX and destroyed the keys. The other half of the coins was transferred to the founder of Ethereum, Vitalik Buterin. He burned 90% of the SHIB tokens by sending them to a non-existent address. In total, Buterin destroyed 410 trillion tokens worth $6.5 billion. The creators of the project had the following explanation:

Shiba Inu was the first project to follow this path. Everyone should buy coins on the open market, ensuring a fair and complete distribution, in which developers do not own the tokens and cannot dump them into the community.

In 2020, Buterin transferred more than 50 trillion Shiba Inu tokens to the India COVID-Crypto Relief fund. At the time of the transaction, they were worth about $1.14 billion. He also promised to donate the remaining Shiba Inu tokens to charity, but this time, to support longer-term initiatives. 

As the project grows, the creators of Shiba Inu (SHIB) want to turn it into a full-fledged decentralized ecosystem and transfer 100% of rights to the community to manage the protocol without a governing body.

The Shiba Inu price history had a perfect start — in a few weeks of its existence, its price rose by 27,000%. Percentage-wise, it was an outstanding performance for the Shiba coin, but it’s important to mention that the token price did not reach even one-tenth of a cent.

According to data from CoinMarketCap, the price of Shiba Inu hit its all-time high of $0.00008 on October 27. This happened after SHIB was listed on several exchanges. SHIB also met the launch of its own line of non-fungible Shiboshi NFT tokens. On the same day, SHIB’s market capitalization hit a record high of more than $34.29 billion.  At the time of writing, Shiba Inu’s coin price is around $0.000039, and the digital coin is listed #13 with a market cap of over $20 billion.

The SHIB token is available on several major exchanges: Binance, Coinbase, FTX, OKEx, and WazirX. The ecosystem also hosts a decentralized exchange called Shiba Swap, launched at the same time as the native Shiba token. But the most convenient and by far the most popular way to buy SHIB is through the Binance Exchange. This is a two-step crypto-to-crypto transfer where you need to exchange another coin to Binance Smart Chain and then to Shiba Inu cryptocurrency. However, one of the most convenient and safest ways to buy SHIB is the token purchase on the Changelly PRO trading platform.

It is important to mention that our team at Changelly and Changelly PRO strives to keep our platform up-to-date and provide users with the latest offers in the crypto market. That is why you’ll receive the most recent updates on Shiba Inu’s value and can seamlessly exchange the Shiba token for over 200 cryptocurrencies available on instant crypto exchange Changelly. Another great addition is that you can also trade SHIB for BTC on our full-featured cryptocurrency exchange, Changelly PRO.

Shiba Inu (SHIB) Market Predictions

As we mentioned, the world started seeing headlines like “Shiba Inu price prediction 2022” that were calling it a good investment after SHIB joined Binance. So, what’s changed about Shiba Inu’s price prognosis at the beginning of January 2022?

The Shiba Inu price dynamics have been crazy this year. The SHIB coin skyrocketed in May in a very short period of time. However, it didn’t succeed at keeping its position. But then came June; the coin made headlines again.

If you wanted to trade Shiba Inu (SHIB) at its upper price, perhaps it’s not too late. Let’s move on to Shiba Inu price predictions year by year to determine whether now is still a good time to buy or sell this “Dogecoin killer”.

Shiba Inu Price Prediction for 2022

After the Shiba Inu coin showed an increase in price in 2021, the meme coin fell by more than 60% compared to its all-time high in October last year. Despite this fact, Wallet Investor’s experts believe that the coin gives bullish signals for 2022 and may even reach its past ATH.

Several large “whales” have recently purchased SHIB coins, taking advantage of the drop in its price. The interest of holders in the coin may indicate an increase in its price in the future.

Shiba Inu Price Prediction for January-June 2022

At the beginning of 2022, Shiba Inu’s price is likely to show an upward trend due to the possible listing of the coin on the Robinhood exchange. Moreover, the increasing attention of “whales” may positively affect the value of SHIB in January 2022.

According to the Shiba Inu prediction provided by Digital Coin Price, its future price might reach $0.000067 by the end of January. By June, the SHIB coin price might arrive at $0.000083. According to Wallet Investor, the long-term earning potential is +141.59% in one year. It seems like the Shiba Inu coin could be a good investment in 2022.

Shiba Inu Price Prediction for the End of 2022

The Shiba Inu forecast for the second half of 2022 is similar to what we’ve just discussed, minus the big spike.  The average value for Shiba Inu coin may be around $0.00006. By the end of 2022, Shiba Inu may already grow in the vibrant ecosystem it strives to be. According to their roadmap, 2022 is also when they plan to launch the Shiba Inu Incubator and the Shiba Inu Reward system. According to Wallet Investor, the long-term earning potential is +136.70% in one year. It seems like Shiba Inu coin could be a good investment in 2022.

Shiba Inu Price Prediction for 2023

For our 2023 Shiba Inu prediction, we’ll be looking at data presented by Gov Capital. This source is very optimistic and predicts a positive trend throughout the year.

Shiba Inu’s price might even make a massive bull run and reach $0.000173-$0.000223 mid-year and an impressive ~$0.00041 by the end of 2023. 

It is vital to understand that the price of this and any other crypto coin is extremely volatile, and it is not always influenced by unpredictable factors, such as Elon Musk’s tweets or the appearance of new coins. Please, always do your own research before investing in any cryptocurrency.

Shiba Inu Price Prediction for 2025

Experts of the Digital Coin Price portal are confident in the further growth of the Shiba Inu coin. While it’s not exactly the same bullish trend as in Gov Capital’s Shiba Inu forecast, the projected performance is looking great.

In 2025, the price of Shiba Inu (SHIB) might be $0.000535, and according to some analysts, the bull run might lead to $0.000727.

Shiba Inu Price Prediction in 5 Years

According to price prediction analysts, the price of Shiba tokens is expected to continuously rise over the next 5 years. According to a Shiba Inu prediction for 2027, the highest point for the year will be $0.000136 in December.

Shiba Inu Price Prediction for 2030

Many Shiba Inu cryptocurrency market analysts do not make long-term forecasts because there are many unpredictable factors that can affect the price of Shiba Inu in the long term. However, it’s still possible to make a Shiba Inu price forecast for 2030; you just need to take it with a bit of skepticism.

According to a Shiba Inu price prediction by Coin Price Forecast, the token’s price might be $0.00070917 (+1,787% from the current price), while trading education believes that SHIB will reach $0.002736 by December 2030. At that point, the market cap of Shiba Inu needs to be at least $50 billion.

Should You Buy Shiba Inu Coin?

According to Shiba Inu price predictions we’ve analyzed, it can be a good investment. The growth potential is over 100% for the next few years. However, it’s better to buy Shiba Inu in moderate amounts because the project hasn’t yet established its real-world value.

Keep in mind that information about the Shiba Inu coin is given for informational purposes only. Knowing an approximate SHIB price is helpful, but as with any coin, you need to make your own analysis of the price action. Before making any investment decisions, always do your own research beyond just looking at the Shiba Inu forecast.

In addition to its native token, the Shiba Inu ecosystem also hosts LEASH and BONE, which you can buy on the official website. Make sure you dig about enough information about these coins because they are far less known than Shiba Inu.

Will Shiba Inu Coin Price Reach 1 Dollar?

If Shiba Inu (SHIB) maintains its current level of growth, it won’t be able to reach $1 in the near future. Our Shiba Inu price prediction has a more realistic outlook. Still, even without $1, you can buy Shiba Inu and find it to be a fantastic investment opportunity.

But when in the crypto market, never say never in any price prediction. Who knows if Elon Musk will post another promotional Tweet for his favorite meme coin and if Shiba tokens will see massive gains shortly after. What’s more realistic, though, is Shiba Inu taking over Dogecoin. Shiba Inu has the advantage of having a lower supply.

Is Shiba Inu Coin Real?

There is no doubt that the Shiba Inu coin is real and can be traded. If you want to get SHIBA, the best place to get it is an instant cryptocurrency exchange Changelly, which allows you to swap SHIBA to a wide range of 200+ cryptocurrencies. In case of any questions, do not hesitate to contact our Support Center!


Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

[ad_2]

Source link

Tags: InuPredictionpriceSHIBShibaToken
Share30Tweet19
Previous Post

Citigroup reports $17 billion in Q4 revenue vs. $16.75 billion expected

Next Post

Clinton, Trump & ‘mystery PM’ could face humiliation as Andrew’s accuser bids to unseal secret Epstein & Maxwell docs

Recommended For You

Ethereum Weekly Exchange Net Flow Points To Growing Accumulation Trend

by 198 Mexico News
July 25, 2022
0
Ethereum Weekly Exchange Net Flow Points To Growing Accumulation Trend

Ethereum had been one of the largest winners of the rally that rocked the crypto market last week. The network had seen a boost when one of the...

Read more

Thai SEC launches digital hotline for Zipmex users

by 198 Mexico News
July 25, 2022
0
Thai SEC launches digital hotline for Zipmex users

In the aftermath of the Thai cryptocurrency exchange Zipmex stopping withdrawals last week, local financial regulators are stepping in to look into potential losses by investors.Thailand’s Securities and...

Read more

Ethereum to Hit $14K in Less Than a Decade (Survey)

by 198 Mexico News
July 23, 2022
0
Ethereum to Hit $14K in Less Than a Decade (Survey)

A study conducted by the Australian fintech company – Finder – revealed that the vast majority of participants (78%) think Ethereum’s “Merge” will have a positive impact on...

Read more

Asia vs Europe and the U.S.

by 198 Mexico News
July 23, 2022
0
Asia vs Europe and the U.S.

Getting a solid understanding of the global market requires zooming out of daily and weekly closes. One metric that provides a good perspective of the market’s overall health...

Read more

Chainlink Keepers automates impermanent loss return on Armadillo

by 198 Mexico News
July 22, 2022
0
Chainlink Keepers automates impermanent loss return on Armadillo

Armadillo, a multi-chain impermanent loss (IL) protection solution powered by the Crypto Volatility Index (CVI) from COTI, will be using Chainlink Keepers on Polygon to automate IL protection...

Read more
Next Post
Clinton, Trump & ‘mystery PM’ could face humiliation as Andrew’s accuser bids to unseal secret Epstein & Maxwell docs

Clinton, Trump & 'mystery PM' could face humiliation as Andrew's accuser bids to unseal secret Epstein & Maxwell docs

Ukraine hit with cyberattack, a tactic it “expected” to precede a “full invasion” by Russia : worldnews

Ukraine hit with cyberattack, a tactic it "expected" to precede a "full invasion" by Russia : worldnews

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Unprecedented price hikes put the squeeze on Iranian tenants | Economy News

Unprecedented price hikes put the squeeze on Iranian tenants | Economy News

July 26, 2022
U.S. is sidelined in critical minerals push

U.S. is sidelined in critical minerals push

July 26, 2022
China, Russia Dominate Nuclear Reactor Construction, IEA Says

China, Russia Dominate Nuclear Reactor Construction, IEA Says

July 26, 2022
Credentials for cosmetic surgery centers in Tijuana to be scrutinized

Credentials for cosmetic surgery centers in Tijuana to be scrutinized

July 25, 2022
New group of 2,000 migrants sets off in southern Mexico

New group of 2,000 migrants sets off in southern Mexico

July 25, 2022
New group of 2,000 migrants sets off in southern Mexico :: WRAL.com

New group of 2,000 migrants sets off in southern Mexico :: WRAL.com

July 25, 2022
Ethereum Weekly Exchange Net Flow Points To Growing Accumulation Trend

Ethereum Weekly Exchange Net Flow Points To Growing Accumulation Trend

July 25, 2022
San Diego’s wastewater shows COVID-19 cases about to spike

San Diego’s wastewater shows COVID-19 cases about to spike

July 25, 2022
198 Mexico News

198 Mexico News will provide the latest news update as the government facing a growing challenging in preventing Mexico from breaking apart along ethnic and religious lines.

198massmedia Group. USA. 3821 Dominion Drive, Dumfries, USA. 22026.

Toll Free 1 888 642 8433.
Contact: info@198mexiconews.com

LATEST UPDATES

Unprecedented price hikes put the squeeze on Iranian tenants | Economy News

U.S. is sidelined in critical minerals push

China, Russia Dominate Nuclear Reactor Construction, IEA Says

Credentials for cosmetic surgery centers in Tijuana to be scrutinized

New group of 2,000 migrants sets off in southern Mexico

New group of 2,000 migrants sets off in southern Mexico :: WRAL.com

Ethereum Weekly Exchange Net Flow Points To Growing Accumulation Trend

San Diego’s wastewater shows COVID-19 cases about to spike

RECOMMENDED

No Content Available
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - 198 Mexico News.

No Result
View All Result
  • Home
  • BUSINESS NEWS
  • VIDEO NEWS
  • FEATURED NEWS
    • MEXICO USA TRADE NEWS
    • MEXICO EU NEWS
    • MEXICO UK NEWS
    • MEXICO BRAZIL NEWS
    • MEXICO INDIA NEWS
    • MEXICO GULF NATIONS NEWS
    • MEXICO CHINA NEWS
    • MEXICO EGYPT NEWS
    • MEXICO AFRICA NEWS
    • MEXICO NIGERIA NEWS
    • MEXICO THAILAND NEWS
  • POLITICAL NEWS
  • TECHNOLOGY
  • CRYPTO
  • AGRICULTURE
  • MORE NEWS
    • MEXICO IMMIGRATION NEWS
    • MEXICO SCHOLARSHIP NEWS
    • MEXICO VENTURE CAPITAL NEWS
    • MEXICO EDUCATION NEWS
    • MEXICO BUSINESS HELP
    • MEXICO PARTNESHIPS
    • MEXICO MANUFACTURE NEWS
    • MEXICO UNIVERSITY NEWS
    • MEXICO JOINT VENTURE NEWS
  • ASK IKE LEMUWA
  • CONTACT

Copyright © 2022 - 198 Mexico News.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?