In this article, well discuss the prospects of Shiba Inu hitting major price milestones and explore SHIB price predictions. If SHIB were to reach $0.01, it would have a market capitalization of approximately $5.89 trillion, which would be 4.6x larger than Bitcoin at its very peak. In particular, developers want to create blockchain-based games that utilize non-fungible tokens (NFTs). Its name is based on the Shiba Inu dog on Dogecoin, and they both have similarities. Cost basis and return based on previous market day close. It is not anchored on unique blockchain technology - just hosted on Ethereum, it has not achieved a medium of exchange status, and it has no real value. We still suggest to do your own research before investing because there more option in crypto industry that really have great utility that stays forever. Shibarium is the foundation for all of Shiba Inu's other potential ecosystem ventures. Author has 1.7K answers and 477.7K answer views 1 y Can Shiba Inu coin reach 1 cent or $1? Click here to get a 10% discount on your first payment (monthly or yearly)! Even during SHIBs all-time high in October 2021, when the token was trading at $0.0000881, SHIB would have needed to increase in price by 113x to hit a price of $0.01. Over the past 24 hours, Shiba Inu has experienced a decline of 0.12%. It's somewhat similar to a publicly traded company enacting a stock buyback. Without getting overly complicated, layer-2 blockchain is a series of secondary solutions overlaid atop existing blockchain to enhance functionality. Since its launch in August 2020, Shiba Inu Coin (SHIB) has become one of the most talked about cryptocurrencies on the market. Finally, if Shiba Inu were to reach $0.001, it would have a market value of nearly $550 billion. Yesterday, Shiba beat Ethereum in 24-hour trending volume collectively on DEX and CEX. Shiba Inu coin: What experts say about the 'Dogecoin' killer hype - Fortune While SHIB has seen massive price increases in the past, the chance of hitting large multiples becomes smaller as the market cap of the asset grows. But since they all remain confident that the SHIB token prices will continue rising in the foreseeable future, how far up do they then expect the token to reach by 2026? And other cryptos have their own blockchains to run apps that may change the way the worlds of finance or entertainment operate down the road. Yes, its Trillion. But will the gains last and help lift Shiba Inu to $0.01? Its an Ethereum-based smart-contract cryptocurrency, comparable to Binance Coin (BNB), Tether (USDT), Chainlink (LINK), USD Coin (USDC), TRON (TRX), and others. What sparked 32% rally in Shiba Inu - The Economic Times Crypto experts are optimistic that the price of Shiba will further increase in 2022. The first lower target will be sliding below the support price of $0.35. And Shiba Inu supporters -- the Shib Army -- built up excitement about the crypto across social media. However, the bigger issue for Shiba Inu is that it's unable to differentiate itself from more than 22,000 other cryptocurrency projects. The hype surrounding Shiba Inu ( SHIB) is still there amid ongoing discussions on whether it faded away or not due to recent on-chain metrics. Shiba Inu is one of the most popular cryptocurrencies out there. Why the sudden change of heart, though? Shiba market cap volume is crossed billion worth and now heading towards setting half trillion worth if more investor continues to show same interest. The Next Shib? Like most other cryptocurrencies, Shiba Inu was greatly affected by the crypto market shock in December last year, which saw Shiba Inu fall off a month-long price rally prematurely and plunge to the current level of relatively low prices. It defies logic that SHIBs market value is 54 times more than Bitcoins, 100 times greater than Ethereums, 27 times greater than Apples, 2.5 times greater than US GDP, or half of global GDP. As a result, Crypto traders are keeping an eye on. Check outGoCharting! Its absurd that the total market cap of SHIB will be more than Bitcoin, Ethereum, Apple, Tesla, and other valuable companies when SHIB is nothing but an Ethereum based ERC20 token. So many factors stand in the face of the ERC-20 only token, blocking and preventing it from reaching a $10 valuation in the foreseeable future. Crypto Millionaire: Buy THESE Cryptos before they BOOM in 2023? CLICK THIS LINK TO TRADE SHIB AT BITFINEX! More than 1500 ATM across world now support Shiba token along with many marketplaces also starts accepting Shiba token as payment. since, 2020 Shiba has surged by 32k x and people who invested $1000 already reached to million worth investments. Apple, Tesla, Google, etc., are precious companies because they make excellent products that consumers use and love. However, credit must be given where credit is due. The total maximum supply of Shiba Inu tokens is 1 quadrillion. Instead, its an Ethereum smart-contract based cryptocurrency, similar to Binance Coin (BNB), Tether (USDT), Chainlink (LINK), USD Coin (USDC), TRON (TRX), etc. SHIBA INU COIN SECRET LEAK TO HIT $ 0.10 January 2022! - CoinMarketBag Conservative Prediction: Can Shiba Inu reach $1 in 2023? While Dogecoin has a high chance of reaching $1 in the future, we can't say the same for Shiba Inu, at least not in its current state. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. A similar analysis by Wallet Investor and CoinPriceForecast websites is a tad more optimistic. Shiba Inu Price Prediction: Can SHIB Price reach $3 in 2023? It's always traded at a fraction of a cent -- and for good reason. This is a huge difference from its 2021 lows of $0.00000516 and market cap of under $1 billion. Learn More. CoinPriceForecast, on the other hand, expects SHIB tokens to end 2022 trading at $0.00017 before rising to $0.0017 by December 2025. However, due to the general decline of the crypto market, that hasnt come to pass. Shiba Inu Coin could reac. window.__mirage2 = {petok:"S5ZfuvMr9gpFxs7mm17UrMNwLXT4yuie2mYpDgWsvYs-1800-0"}; SHIB. On Reddit, Twitter, Facebook (Meta), YouTube, and other social media sites, the SHIB community is active. SHIB: The Metaverse and a blockchain edition of the Shiba Eternity game are two such examples of such initiatives. In any case, Shiba Inu is one of the best cryptos under 1 cent to buy, thanks to its vibrant ecosystemand robust community. Can SHIBA INU Coin Price Reach $0.01, $0.10 or $1.00? - YouTube It's now the 13th biggest cryptocurrency by market value. Shiba token burn and liquidity locking program pushing price to the moon and that favouring project in term of bringing new investor and diamond hand holder. Sometimes, we refer to such cryptocurrencies as penny cryptos. Shiba Inu Prediction 2025 Can the Meme Coin Repeat Its BOOM? Instead, this is due to several features unique to the token. Cost basis and return based on previous market day close. . The creator of Shiba Inu is known under the pseudonym Ryoshi. At its absolute peak, BTC had a market capitalization of $1.27 trillion. So expecting Shiba Inu's price to reach 1 cent without any context is unrealistic. Kusama told the Shiba folks that the Shibarium would come very soon.. Bitcoin, Dogecoin is a standalone cryptocurrency. The whole cryptocurrency market cap, including all coins and tokens, is less than $2 trillion. Unfortunately, developers have stated that technical issues delayed the public beta test of Shibarium. https://twitter.com/ShytoshiKusama/status/1606678505378430980?s=20&t=FyxMz9Yn5vBSoJcau8-cDw, Now, the Shibarium layer-2 blockchain will be launched soon, according to one of the projects lead programmers on Twitter. For those of you keeping score at home, this sort of return allows for an investor to double their money, on average, about once every seven years. The news heightens Shib Inu's visibility and offers more purchasing access to prospective buyers. In the best-case scenario, it projects that SHIB's price could reach $0.000270 by February 2024, accounting for the technical analysis data aggregated on February 6th. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. In reality, you shouldnt be looking at a coin or tokens price per unit when trying to see if it is undervalued or overvalued. Making the world smarter, happier, and richer. This is a Layer 2 solution that could solve some of Shiba Inu's problems. Shibarium is a layer-2 blockchain project currently under development. Top 10 Meme Coins That Could Skyrocket In 2023. But that would depend on the success of the projects and whether they increase the level of adoption for Shiba Inu. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. When SHIB is nothing more than an Ethereum-based ERC20 token, its ludicrous that its overall market value will be more than Bitcoin, Ethereum, Apple, Tesla, and other major enterprises. Invest better with The Motley Fool. However, a laundry list of headwinds make it highly unlikely that Shiba Inu will repeat its former success. The price of Shiba Inu has dropped to $0.0000114 today, after news of financial problems at Silvergate Bank spooked the market. Will Shiba Inu coin reach $1? Shiba Inu Price Prediction Shib Price is Up, Will it Continue to Climb? Of course, Shiba Inu going to 1 dollar is an even more unrealistic scenario. On the one hand, Peter Mallouk, Creative Planning CEO, stated that . SHIBs entire market value will be $54.9 trillion at a $0.10 valuation, which is 2.5 times more than US GDP, 54 times more than Bitcoin, 100 times more than Ethereum, 27 times more than Apple Inc. (AAPL), and 55 times more than Teslas (TSLA) market cap. So it is essential to research any cryptocurrency before you decide to invest in it. Its not a product, not a platform, unlike Apple, Tesla, or Microsoft. CoinCodexs SHIB prediction does not see it being worth 1 cent by 2024. Keep track of your holdings and explore over 10,000 cryptocurrencies. Their popularity was mostly due to the promotion of Dogecoin by popular individuals such as Elon Musk and Mark Cuban. Secondly, analysts are conscious of the impracticality of the price leap that Shiba Inu needs to make if it is to reach $10 by 2026. Lets go over it in more detail. Gaming doesn't look as if it's going to differentiate Shiba Inu, either. Shiba Inu (SHIB) will never hit $0.10 or 10 cents since it is not commercially viable. Read Also: Is Shiba Inu (SHIB) Worth Buying? As noted, Shiba Inu is an ERC-20 token on Ethereum's blockchain. Given that it is an ERC-20 token, i.e., it is compatible with the Ethereum blockchain, Shiba Inu already has some advantages over Dogecoin. When will Shiba Inua Coin reach a penny? That's when it soared a mind-boggling 45,000,000%. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. No, we don't even expect 1 cent price for Shiba Inu in 2025. Price prediction websites, crypto experts, and even Shiba Inu investors are all confident that Shiba Inu will recover and continue rising moving forward. The Shiba Inu coin, similar to Dogecoin, is a meme-based cryptocurrency that was created in August 2020 by an anonymous person (or a group of people) who go by Ryoshi. Shiba Inu (SHIB) will never reach $0.10 or ten cents. Shiba Inu has a total supply of 1 quadrillion tokens. Shiba Inu prepares for higher targetsWhere will SHIB go next? For more than a century, the stock market has been one of the greatest wealth creators on the planet. This could make Shiba Inu one of the leading cryptos to explode in 2023. Shiba Inu, a new Dogecoin-inspired cryptocurrency launched last August, has now formed ties with crypto.com, the world's largest cryptocurrency exchange. SHIB, on the other hand, is a cryptocurrency based on ERC20 tokens. The crypto with the cute dog logo caught the eye of investors in 2021 -- less than a year after its launch. However, price predictions are not set in stone, as market conditions can change radically. Again, as with the $1 price milestone earlier in the article, the short answer to whether the Shiba Inu coin can reach 50 cents is no. The crypto community often predicts prices of Shiba Inu coins falling to a cent of dollar only! However, the Shiba Inu coin was also negatively impacted by the FTX crash in the days that followed. Can Shiba Inu Token Reach 1 Cent, $0.1 $1, $10 USD? At a $0.10 valuation, the total market cap of SHIB will be $54.9 Trillion, which is 2.5 times of US GDP, 54 times more than Bitcoin, 100 times more than Ethereum, 27 times more than Apple (AAPL), and 55 times more than Tesla (TSLA) market cap. Initially, the project will use the SHIB token to facilitate the purchase of Shiba Lands, which are made up of NFTs. In order for SHIB to hit $0.001, the development, public test, and launch of Shibarium would have needed flawless execution. The only significant difference was the creator built Shiba Inu on the Ethereum network. SHIB was largely unknown for about half a year after it was created. But more than that is needed to reach $1 due to its humongous supply. The. Nicknamed the "Dogecoin killer," many. Cryptos are Consolidating! The Answer might SHOCK You! Right now, Shiba Inu trades for a fraction of a cent. Our algorithm predicts significant up-and-down price movementin Shiba Inu's future. In fact, it is still very unlikely, but it is theoretically possible. No one expected but now Shiba Inu changed landscape of meme coin niche by following footstep of Dogecoin. First, even with the massive gains back in 2021, Shiba Inu has never even made it close to reaching $0.01. SHIB at. Shiba Inu (SHIB) Price prediction and Analysis: 1INR by 2030 (Updated) It could even take years of sustained positive performance for that to happen. The only way that shiba inu eats zeros is if the quantity of coins drops drastically. Several factors contributed to this. The Motley Fool has a disclosure policy. The GDP of the entire planet earth is around $80 Trillion. Shiba Inu is an ERC-20 token that's built on the Ethereum (ETH -0.43%) blockchain. Solanas Network Outage: A Sign of Trouble for Investors? Over the past nine months, only 56 new merchants have come to accept Shiba Inu as payment on Cryptwerk. SHIB rose by over 85,000,000% within a year and hit its all-time high on October 28, making itthe most prominent example of a monumental bull run in crypto in recent years. 1 zero needs 10% of coins burned. Response from investor and real user are unreal because it giving tough competition to dogecoin community in term of voting. It makes up 11.94% of their total holdings. Will Shiba Inu reach $0.10 this year? | The Sun Token officially listed on top tier 1 exchange including Binance, Coinbase, Huobi, FTX and others. This could really drive the SHIB price in 2023. So, if the market cap of Shiba Inu would be so outlandish if SHIB reached $1 or even $0.01, why do we see people mentioning these price targets so often on social media platforms? Shiba Inu has a circulating supply of 549.063 Trillion SHIB tokens. Shiba Inu Coin Price Prediction 2023 - 2030 - Business 2 Community There is a lot of optimism within the crypto community that Shiba Inu prices will resume the climb and continue rising into the near future. The token is trading 87% down from its all-time high price, so people buying SHIB at current price levels are truly buying the dip. In this article, we will explain why SHIB can never hit 10 Cents. Shiba Inu coin has landed on the tally of the top 10 tokens purchased by the biggest whales in the last 24 hours. Making the world smarter, happier, and richer. Even so, this sharp rise was overtaken by the latest doubling of the Dogecoin price. Get all Latest News about shiba inu voyager, Breaking headlines and Top stories, photos & video in real time Big News: Ripple Price is about to TRIPLE? Unless something fundamental such as its volume, changes, Shiba Inu cannot reach $1, or even 50 cents for that matter. The big question on the minds of SHIB holders and cryptocurrency investors is whether Shiba Inu has an encore performance in the works. The SHIB community is robust on Reddit, Twitter, Facebook (Meta), YouTube, and other social media platforms. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. This 40% increase was substantially greater than the rises noticed by other altcoins during this period. Shytoshi Kusama, the developer, tweeted on December 24 that Shibarium is nearly impossible to show up before the end of the year due to the holiday periods. Are You Bored with Shiba Inu? Shiba Inu Coin ON THE MOVE! This is especially true for Shiba Inu, which has only been around since the summer of 2020 and therefore doesnt have a long price history that would help us understand how SHIB tends to behave across crypto market cycles. Let's find out. Shiba Inu is a decentralized cryptocurrency that was launched in August 2021. On the flip side, there are many who . With momentum playing such a key role for digital currencies, the fear of missing out (FOMO) would be important. Upcoming developments. All these developments will improve Shiba Inu's functionality and could boost its price. What will Shiba Inu coin be worth? (Don't be Upset) - Cryptooof We know Shiba completely community backed currency and more people keep holding their investment it keeping pushing price upward. Shibarium will provide a strategy for burning SHIB tokens. There you have it, Shiba Inus goal is not to reach $10 or even $1. Shiba Inu token is a meme coin created in August 2020 by an anonymous individual called Ryoshi. The Shiba Inu team is working on key products like Shibarium, and SHIB is positioned well thanks to numerous crypto exchange listings. The purpose of Shibarium is to drastically reduce transaction fees. Its current circulating supply is about 550 trillion tokens. It indicates that the Shiba Inu (SHIB) currency has no autonomous mining network. This was a reach even in the bull market, and is extremely unlikely now. Unlike Apple, Tesla, or Microsoft, it is neither a product nor a platform. These are some of the questions that every medium to long-term cryptocurrency investor is asking right now. We will concede that this answer could change dramatically in the future. For starters, it has no real value. The price of SHIB soared from 0.00001 to 0.000014 US dollars. SHIB has gained about 25,000,000 percent over the past year, putting its average monthly growth at more than 2,000,000 percent. In today's episode, I discuss when Shiba Inu Coin will reach a penny! Trillion is correct. If these products are widely adopted, they could serve as a catalyst for the price of SHIB to move higher and make it one of the best cryptos to buy. Looking at the 4-hour price chart, SHIB price is preparing to trade above the EMA-20 trend line as it witnesses a spike in trading volume. Unfortunately, those claims are not only misleading; its dangerous for us the retail investors. Another important figure in the Shiba Inu project is Shytoshi Kusama, who serves as the lead developer. Not only are these games a lead-in to future metaverse ambitions, but they're expected to fuel a marketplace where NFTs can be bought and sold. As for less tangible catalysts, SHIB would need a historic amount of social media buzz to drive its token price to $0.001. All of this means Shiba Inu isn't likely to reach $0.01 anytime soon. We and our partners use cookies to Store and/or access information on a device. Can Shiba Inu reach 1 cent? What are Shiba Inu coin price predictions for 2040 and 2050? This is a fancy way of saying it's just a payment coin -- and there are countless digital currencies that could be used as a payment tool. Will Shiba Inu Reach $1 USD? And while the pressure on Bitcoin - which was the epicentre of the shock - has cooled down. Nimiq (NIM) Coin Price Prediction 2023, 2025, 2030, 2040, 2050, Xswap (XSP) Coin Price Prediction 2020, 2021, 2025, 2030, Pi Network Price Prediction 2023, 2025, 2030, 2040, 2050, Bittorrent (BTT) Coin Price Prediction 2023, 2024, 2025, 2030, 2050, Cardano (Ada) Price Prediction 2023, 2025, 2030, 2040, 2050, Bitcoin SV (BSV) Price Prediction 2023, 2024, 2025, 2030, 2050, Maker (MKR) Price Prediction 2023, 2025, 2030, 2040, 2050. Even though many crypto investors dismiss meme coins outright, the fact remains that SHIB is the 13th largest crypto asset by market capitalization, surpassing the likes of Litecoin, Polkadot and TRON. Shiba Inu Traded Volume SOARS! It's certainly not impossible; but it'll need a lot of help to get there. SHIBA INU Gained 3.12% in Last Month and is Predicted to Reach $ 0. Then in the middle of next year, the crypto price forecaster sees Shiba rising to $0.00005546. So, despite SHIB being similar to other ERC20 token coins, the community is the differentiating factor. That is the reason why, unlike Dogecoin that has a clear mission of reaching $1, these developers only aim is to beat Dogecoins market cap. Will Shiba Inu Coin Reach a Penny? How Much Time Shiba Inu - Medium Simply put, it's vanishingly unlikely that Shiba Inu will ever reach 1 cent, let alone any higher. We answer this question, explore the reasons why experts believe SHIB token prices will rise in the next few months, reasons it wont reach $10 and their Shiba Inu price prediction for 2026 hereinbelow. They are also working on an Ethereum Layer-2 solution Shibarium and a Shiba Inu Metaverse. But at the end of the day, the significant winners were Dogecoin and Shiba Inu. we have seen shiba in the list of top gainers crypto on Coingecko and CoinMarketCap tracking platform. Though it has a loyal following on social media, people cheering in the stands doesn't change the fact that Shiba Inu offers no competitive advantages. now, question will it continue to highlight that top gainer list and will Shiba surpass Dogecoin and other crypto for best investment of year 2021.