Shiba Inu Price Prediction 2024 – 2025: Will SHIB Price Reach $0.1 With A New Bull Run?

Famously known as the “Dogecoin killer,” SHIB, the native token of the Shiba Inu ecosystem, is powered by the Ethereum blockchain. However, it has transcended this moniker, notably gaining traction and legitimacy through significant milestones like its listing on the premier crypto exchange, Coinbase. 

Unlike its rival Dogecoin, which employs a tech similar to that of Bitcoin, SHIB tokens are ERC-20s, thus facilitating easier transactions.

Simultaneously, with the dog-themed meme coins in the limelight, read our Dogecoin (DOGE) Price Prediction to find out if DOGE will hit $1.

Additionally, Shibarium Network is Shiba Inu’s Ethereum Layer-2 blockchain network. The network chiefly uses tokens like SHIB, BONE, and LEASH, primarily focusing on DeFi and Gaming. Despite entering a field already saturated with competitors, Shiba Inu aims to make a place of its own. The aim is evidently to bring a real-world use case for its SHIB token and become more than a meme coin.

Due to the steep 14.68% last week, SHIB’s price charted a pronounced bearish candlestick on the weekly timeframe. This drop has extended the correction to 23% and pushed the price to retest the support level at $0.000020.

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However, with a bullish reversal, the meme coin is sustaining above the critical support levels and resonates close to the 38.20% FIb level. Moreover, with a bullish revival this week and a resurgence of buying pressure at the $0.000024 level, the bulls signal a buying opportunity for investors on the fence.

If the market reversal gains momentum, buyers could mitigate the pullback, resulting in SHIB’s price momentum reversal, climbing beyond the $0.00005833 threshold.

Currently, Shiba Inu’s price is in a heavily pressured correction phase, and the buyers are struggling to regain control of the market recovery. Breaking the long-term resistance trendline, the SHIB price fails to sustain the breakout rally, resulting in a downfall under $0.000010.

Remarkably, the Shiba Inu price trend breaks the streak of lower high formations with a double bottom formation, but the sellers are back in the game.

Shiba Inu (SHIB) has had a challenging start to 2024, but the ongoing struggle at the trendline will be pivotal for the 2024 Shiba Inu price trend.

If the price can continue to rise above $0.00001195, it could possibly reach the target of $0.00002026 in 2024. Yet, if the SHIB price reverses, it undoubtedly could drop to $0.00000750. Overall, the outlook for SHIB is positive, although there is still some risk of a decline.

The price of SHIB could reach $0.00003965 if the developers’ visionary developments come to fruition and Shiba Inu becomes a major player in the metaverse. However, if the community drives the price with typical buying and selling pressures, SHIB could trade at an average price of $0.000035215. 

On the other hand, if investors fail to keep up with the liquidity of the digital asset on exchanges, FUD and negative sentiments could lower the price to $0.00003078.

Initially, the Price Prediction for 2026 suggests prices will range from 0.00005188 to 0.00006392, settling at an average of roughly 0.0000579.

Subsequently, Shiba Inu 2027 Prediction indicates the price might oscillate between 0.00007925 to 0.00009784, averaging notably at approximately 0.000088545.

Furthermore, the Shiba Inu Price Prediction 2028 projects values between 0.00010662 to 0.0001253, converging around an average of 0.00011596.

Then, by 2029, our SHIB Price Prediction envisions the coin’s value to lie between 0.00013399 to 0.00017039, with a centered average of about 0.00015219.

Lastly, approaching 2030, the SHIB price prediction foresees prices fluctuating between 0.00016136 to 0.0001958, culminating at an average estimate of roughly 0.00017858.

Undeniably, the Shiba Inu price prediction reveals it’s down over 88% from its ATH of $0.00008854. Therefore, many are questioning, is Shiba Inu dead?

However, as highlighted in our SHIB Price Prediction above, CoinPedia’s insight into Shiba Inu’s future remains bullish. Surprisingly, with the $0.00001196 breakout, SHIB might soar to promising highs of $0.00002026 by the end of 2023.

Conversely, on the downside, if this meme coin dives below the trendline, SHIB prices could plummet to a mere $0.00000750.

Additionally, we anticipate the SHIB price to carve a new pinnacle, reaching $0.00002026 by 2024.

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By 2025, our price prediction forecasts that Shiba coin price could be worth $0.0000437. With a potential surge the price may go as high as $0.000195 by the end of 2030.

As per the Shiba Inu price forecast, Shiba Inu’s price may trade at an average of $0.0000915 for the year 2028.

With the coming updates and strong community, Shiba Inu remains a strong candidate in the crypto world.

As per our current price prediction, Shiba Inu can be bullish for the coming years but the jump to $1 seems a stretch.

If the impact of the last halving is anything to go by, Shiba (SHIB) could easily rally to over $0.00003965 in 2025.

Shiba Inu stands as one of history’s most explosive investment assets. Hitting the price of $0.01 per token looks highly unlikely, but not impossible.