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Shiba Inu Coin Complete Analysis

  • Post category:Crypto Market
  • Post last modified:November 19, 2024

Have you been looking for the most complete Analysis to Shiba Inu Coin? Well, welcome! In this article, you will find all the information you need. Do you want to know from a professional what could happen in the coming years according to Shiba’s analytical projections? You’re in the right place. We hope the information is to your liking, and if so, we invite you to share the article with the entire community. A big hug – Miguel Mendez.

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Are you intrigued by Shiba Inu’s rapid climb and eager to uncover its future potential? You’re in the right spot! In this article, we’ll explore the fascinating world of Shiba Inu and share our latest insights on SHIB price forecasts. We’ll break down the key drivers behind its value, examine the pulse of the market, and outline possible outcomes for this headline of cryptocurrency. And don’t forget, if you’re considering investing in SHIB or any other digital asset, our platform offers a secure and user-friendly experience to help you navigate your crypto journey. Ready to dive in? Let’s get started!

Shiba Inu Statistics

Table of Contents

SHIBA INU COIN PRICE PREDICTION

The crypto world has always been dynamic, but few assets have captured the imagination of both novice and seasoned investors quite like Shiba Inu Coin (SHIB). Originally dismissed as just another “meme coin,” SHIB has consistently defied expectations, cementing its place as a major player in the altcoin market.

Below is a prediction table for Shiba Inu Coin for the coming years. It’s important to understand that this is only a general analysis and not a guaranteed outcome; these are data collected over the years and may or may not come true.

SHIBA INU PREDICTION TABLE (2024-2030)

Shiba Inu Coin Prediction Table
Shiba Inu Coin Prediction Table

In the last two months, as of the current date (November 16, 2024), Shiba Inu Coin has experienced an increase of over 100%. Professional technical analysts predict that this upward trend may continue in the coming months.

 

SHIB Price Analysis By Calculator

Shiba Inu Profit Calculator

Shiba Inu Profit Calculator

How To Use Shiba Inu Calculator

Using the Shiba Inu coin calculator is very simple and shows you a real-time analysis of your potential earnings. All you have to do is enter the initial price at which you bought Shiba Inu, then input the price at which you want to sell in the second field, and finally, enter the amount you invested in $. Once the data is entered, just press “Calculate Profit,” and our Shiba Inu analysis calculator will automatically provide you with the amount you can earn from your transaction.

Shiba Inu Coin Tech Analysis

The complete Shiba Inu analysis presented below has been conducted by our certified trader, making it an expert opinion. However, as the term suggests, this is merely an opinion and not an investment recommendation. Please take care of your money and exercise caution when trading, as this is a high-risk activity that requires responsibility. Without further ado, we present the chart along with an accompanying video.

You can check our trader’s verified account at the following LINK

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Key Support and Resistance Levels for SHIB

From a technical standpoint, Shiba Inu investors should pay attention to the following levels:

  • Major Support: 0.0000206 (critical buy zone for long-term investors).
  • Key Resistance: 0.000029 (psychological barrier requiring high momentum).

Your insights emphasize the importance of recognizing these zones as pivotal decision-making points. Knowing when to buy or take profits can make a significant difference in maximizing returns.

Support Analysis Zone For Shib
Resistence Analysis Zone For Shib

Shiba Token Expert Analysis

As we mentioned, this analysis has been conducted by a trading expert with over 5 years of experience and a proven track record. Here at Dexifier, we care deeply about our wonderful community, which is why we’ve decided to keep you updated on the technical analysis of Shiba Inu.

Shiba Inu Historical Analysis

Understanding the past is crucial for predicting the future. Shiba Inu’s price has historically reacted to a mix of macroeconomic factors and crypto-specific news.
For instance, when major regulatory bodies like the Federal Reserve (FOMC) signal interest rate hikes or when inflation surges, SHIB often mirrors Bitcoin’s movements, albeit with amplified volatility.

From our experience, a pivotal moment was the price level of 0.000015 in late 2023. This marked a significant support level, coinciding with broader bullish sentiment across the crypto space. As noted, SHIB’s value surged after events such as Donald Trump’s political developments or unexpected market-wide rallies, highlighting the coin’s sensitivity to external catalysts.

Price History For SHIB

SHIB HISTORICAL BY COIN MARKET CAP

Based on data from CoinMarketCap, Shiba Inu reached its peak price of $0.00008 on October 28, 2021. This milestone occurred following the listing of SHIB on various prominent exchanges. Additionally, SHIB introduced its own series of non-fungible Shiboshi NFTs. On the same day, the market cap of SHIB reached a remarkable high of over $34.29 billion. As of the latest update, Shiba Inu’s price has significantly decreased from its all-time high, and the cryptocurrency is ranked #14 on CMC with a market cap surpassing $7 billion.

The SHIB token is available across multiple leading platforms, including Binance, Coinbase, FTX, OKEx, and WazirX. The ecosystem also includes a decentralized exchange called Shiba Swap, which was launched alongside the native Shiba token. You can also acquire SHIB at competitive rates and minimal fees on our exchange

Will Shib Inu Coin Reach $1000

The idea of Shiba Inu reaching $1,000 is more a reflection of enthusiasm than economic feasibility. However, SHIB still holds potential as a high-risk, high-reward investment. For investors, the focus should be on realistic price goals and the ongoing efforts by the SHIB community to enhance its utility and reduce its supply.

If you’re investing, make decisions based on facts, not hype, and always manage your risks in the volatile crypto market!

Will Shib Inu Coin Reach $100

While Shiba Inu reaching $100 per token is extremely unlikely given the current supply and market dynamics, the coin still has room for growth if the community continues burning tokens and expanding SHIB’s utility. Investors should focus on realistic price targets and thoroughly assess the risks before making decisions in the volatile crypto space.

Will Shib Inu Coin Reach 1 cent

Shiba Inu’s current circulating supply is approximately 589 trillion tokens.

  • At $0.01, the market capitalization would be:
    $5.89 trillion ($0.01 × 589 trillion).

For perspective:

  • The current market cap of Bitcoin (BTC), the largest cryptocurrency, is around $650 billion.
  • The total crypto market capitalization is approximately $1.1 trillion.

A $5.89 trillion market cap would mean SHIB needs to be worth nearly 9 times Bitcoin’s current market cap, which is challenging but not entirely impossible under extreme conditions.

These questions, despite being obvious, still reflect the overly high expectations many people have. Remember, trading should be done responsibly and with reason, not emotionally. These numbers are impossible for SHIB; however, we can still profit by investing at more realistic prices. As you’ve seen in the technical analysis for SHIB, it still has potential for future growth. However, believing the coin will reach $100 or $1,000 is simply an unrealistic idea.

Shib Inu Coin Price Analysis for 2025

After thoroughly reviewing the historical price trends of Shiba Inu Analysis, projections for 2025 suggest that the lowest potential value of SHIB might hover around $0.0000127, while the highest anticipated price could reach $0.0000497. On average, it’s expected that the trading price for the year could stabilize around $0.0000867.


Month Lowest Price Average Value Highest Price
January 2025 $0.0000142 $0.0000530 $0.0000338
February 2025 $0.0000144 $0.0000566 $0.0000351
March 2025 $0.0000142 $0.0000593 $0.0000364
April 2025 $0.0000131 $0.0000627 $0.0000389
May 2025 $0.0000135 $0.0000651 $0.0000390
June 2025 $0.0000137 $0.0000689 $0.0000411
July 2025 $0.0000138 $0.0000714 $0.0000422
August 2025 $0.0000132 $0.0000743 $0.0000434
September 2025 $0.0000139 $0.0000775 $0.0000453
October 2025 $0.0000130 $0.0000807 $0.0000466
November 2025 $0.0000127 $0.0000832 $0.0000480
December 2025 $0.0000121 $0.0000868 $0.0000499

Potential Return on Investment (ROI): 170.1%

Shib Inu Coin Price Analysis for 2026

Drawing insights from technical analysis conducted by cryptocurrency experts, Shiba Inu’s prices in 2026 are projected to have a minimum price of $0.0000389, a maximum price of $0.0000469, and an average trading value around $0.0000409.


MonthLowest PriceAverage ValueHighest Price
January 2026$0.0000148$0.0000828$0.0000494
February 2026$0.0000170$0.0000790$0.0000492
March 2026$0.0000192$0.0000752$0.0000489
April 2026$0.0000214$0.0000714$0.0000487
May 2026$0.0000236$0.0000676$0.0000485
June 2026$0.0000258$0.0000638$0.0000483
July 2026$0.0000279$0.0000599$0.0000480
August 2026$0.0000301$0.0000561$0.0000478
September 2026$0.0000323$0.0000523$0.0000476
October 2026$0.0000345$0.0000485$0.0000474
November 2026$0.0000367$0.0000447$0.0000471
December 2026$0.0000389$0.0000409$0.0000469

Potential Return on Investment (ROI): 161.1%

Shib Inu Coin Price Analysis for 2027

Experts estimate that in 2027, the minimum SHIB price might reach $0.0000549, the maximum price could go up to $0.0000689, and the average trading cost may be around $0.0000569.

MonthLowest PriceAverage ValueHighest Price
January 2027$0.0000402$0.0000422$0.0000487
February 2027$0.0000416$0.0000436$0.0000506
March 2027$0.0000429$0.0000449$0.0000524
April 2027$0.0000442$0.0000462$0.0000542
May 2027$0.0000456$0.0000476$0.0000561
June 2027$0.0000469$0.0000489$0.0000579
July 2027$0.0000482$0.0000502$0.0000597
August 2027$0.0000496$0.0000516$0.0000616
September 2027$0.0000509$0.0000529$0.0000634
October 2027$0.0000522$0.0000542$0.0000652
November 2027$0.0000536$0.0000556$0.0000671
December 2027$0.0000549$0.0000569$0.0000689

Potential ROI: 283.3%

Shib Inu Coin Price Analysis for 2028

In 2028, Shiba Inu is expected to have a minimum price of $0.0000819, a maximum price of $0.0000959, and an average price of $0.0000839.

MonthLowest PriceAverage ValueHighest Price
January 2028$0.0000572$0.0000592$0.0000712
February 2028$0.0000594$0.0000614$0.0000734
March 2028$0.0000617$0.0000637$0.0000757
April 2028$0.0000639$0.0000659$0.0000779
May 2028$0.0000662$0.0000682$0.0000802
June 2028$0.0000684$0.0000704$0.0000824
July 2028$0.0000707$0.0000727$0.0000847
August 2028$0.0000729$0.0000749$0.0000869
September 2028$0.0000752$0.0000772$0.0000892
October 2028$0.0000774$0.0000794$0.0000914
November 2028$0.0000797$0.0000817$0.0000937
December 2028$0.0000819$0.0000839$0.0000959

Potential ROI: 433.3%

Shib Inu Coin Price Analysis for 2029

Forecasts suggest that in 2029, Shiba Inu could have a minimum price of $0.0001159, a maximum price of $0.0001419, and an average price of $0.0001189.

MonthLowest PriceAverage ValueHighest Price
January 2029$0.0000847$0.0000868$0.0000997
February 2029$0.0000876$0.0000897$0.0001039
March 2029$0.0000904$0.0000927$0.0001079
April 2029$0.0000932$0.0000956$0.0001109
May 2029$0.0000961$0.0000985$0.0001149
June 2029$0.0000989$0.0001019$0.0001189
July 2029$0.0001019$0.0001049$0.0001229
August 2029$0.0001049$0.0001079$0.0001269
September 2029$0.0001079$0.0001109$0.0001309
October 2029$0.0001099$0.0001129$0.0001339
November 2029$0.0001129$0.0001159$0.0001379
December 2029$0.0001159$0.0001189$0.0001419

Potential ROI: 688.9%

Shib Inu Coin Price Analysis for 2030

By 2030, Shiba Inu is anticipated to have a minimum price of $0.0001629, a maximum price of $0.0002009, and an average price of $0.0001689.

MonthLowest PriceAverage ValueHighest Price
January 2030$0.0001199$0.0001229$0.0001469
February 2030$0.0001239$0.0001269$0.0001519
March 2030$0.0001279$0.0001319$0.0001569
April 2030$0.0001319$0.0001359$0.0001619
May 2030$0.0001359$0.0001399$0.0001669
June 2030$0.0001399$0.0001439$0.0001719
July 2030$0.0001429$0.0001479$0.0001759
August 2030$0.0001469$0.0001519$0.0001809
September 2030$0.0001509$0.0001569$0.0001859
October 2030$0.0001549$0.0001609$0.0001909
November 2030$0.0001589$0.0001649$0.0001959
December 2030$0.0001629$0.0001689$0.00020

Potential ROI: 1018.3%

FAQ

What is Shiba Inu Coin

Shiba Inu began as a meme coin for the community but quickly turned into a multimillion-dollar project. SHIB is a token on the Ethereum blockchain, also known as the “Dogecoin killer.” In August 2022, a developer started the project to demonstrate how a community can make changes to government laws. Later, the token was bridged with the Ethereum blockchain. Then, in 2021, Elon Musk tweeted “Buy SHIB,” causing the cryptocurrency’s price to rise disproportionately by up to 300%.

How Many Shiba Inu Coin Are There

The total supply of Shiba Inu (SHIB) coins is massive. There is a total supply of 1 quadrillion SHIB tokens, although not all of them are in circulation.

In the early stages, 50% of the total supply was locked in Uniswap, a decentralized exchange, to provide liquidity. The other 50% was sent to Ethereum co-founder Vitalik Buterin, who later donated a portion to charity and burned a significant amount of the tokens (around 410 trillion SHIB), reducing the total circulating supply.

As of now, the circulating supply is in the range of 589 trillion SHIB tokens, though the total supply remains 1 quadrillion. The high token supply is one of the reasons SHIB is often priced at such low values, typically a fraction of a cent.

Why Did They Make So Many Shiba Inu Coins

The reason for creating such a large supply of Shiba Inu (SHIB) coins stems from the token’s origins as a meme coin and the desire to create something that could be widely accessible, with the aim of attracting a large community of users and investors. Here are a few reasons why so many SHIB coins were created:

1. Community Focus
2. Low Price Per Coin
3. Incentivizing Early Adopters
4. Scarcity Through Burning
5. Market Perception

Despite the massive supply, Shiba Inu’s value is determined by market demand and sentiment, and the project has slowly gained attention for its growing community, charitable donations, and the creation of decentralized finance (DeFi) platforms, such as ShibaSwap.

Does Shiba Inu Coin Have a Future?

Shiba Inu does have a future, but it will likely depend on its ability to evolve from a meme coin into a project with real-world use cases and value. While its large supply and reliance on speculation pose challenges, the strength of its community, the development of its ecosystem, and any successful partnerships could play a key role in its future success. Investors should remain cautious and consider the inherent volatility and risks of meme coins like SHIB

How To Buy SHIB?

Buying SHIB is really easy. On our exchange, you don’t need to create an account, as we are a no KYC crypto exchange. You just need to connect your wallet and select the network you prefer. Once these steps are done, simply select the token, in this case SHIB. If you want to learn more in detail about how to use our platform, check out our article How to Use Browser Wallet. If you have any questions, feel free to contact us through Discord or via our email: academy@dexifier.com.

Where To Buy Shiba Inu Coin

Make sure to choose a platform that suits your needs in terms of fees, ease of use, and available payment methods. If you prefer a no KYC exchange, you could also consider decentralized exchanges (DEXs) that allow you to trade without providing personal information, like Dexifier.

Should I Buy Shiba Inu Coin?

As we have seen in this complete guide to Shiba Inu analysis, we can note that it is a cryptocurrency with a future. However, as with any investment, you need to be careful and thoughtful when deciding to invest. There are several factors that may influence your decision on whether or not to invest in Shiba Inu, for example:

  1. Your risk tolerance
  2. Growth potential for the crypto: It is important to stay updated on what is happening in the Shiba Inu ecosystem. You can join communities—Shiba is known for having a large community backing it, the “Shib Army.”
  3. Market sentiment: Knowing when it’s the right time to invest and when it’s not.
  4. Having a trading strategy: As you have seen in previous sections, we have a technical analysis strategy.
  5. Market competition: SHIB faces heavy competition from other meme coins (e.g., Dogecoin) and other established cryptocurrencies like Bitcoin and Ethereum. Consider how it could fit into the broader crypto market.

If you decide to invest in Shiba Inu, only invest what you are willing to lose due to its speculative nature. It’s important to assess your personal financial goals, risk appetite, and do thorough research before making any investment.

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Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in t his 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.