Shiba Inu (SHIB) Price Prediction 2024 - 2030, Can It Break $1?

Since its launch in August 2020 by an anonymous founder named Ryoshi, the coin has caught the attention of investors and social media, especially after Vitalik Buterin burned most of the portion of the supply he owned. However, what is the price prediction of Shiba Inu in the future? Will SHIB reach $1 or around Rp 15,700? Will it make investors happy? Will SHIB make investors millionaires or not?

Shiba Inu Price Prediction

To answer those questions, we need to look at several factors that affect the price of SHIB, such as supply, demand, market sentiment, news, and trends. The following are some SHIB price analyses from various sources:

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Shiba Inu Price Prediction According to Wallet Investor

According to this crypto prediction website, SHIB is a bad (1-year) long-term investment and high risk. They predict that the price of SHIB will drop to $0.000000984 by the end of 2024, which translates to a decrease of 95% from the current price. They also provide daily, weekly, monthly, and yearly pricing estimates for SHIB, which can be viewed on their website.

Shiba Inu Price Prediction According to GOV Capital

These other crypto prediction websites are more optimistic about SHIB's prospects. They predict that the price of SHIB will reach $0.000231 by the end of 2026, which translates to an increase of 1,000% from the current price. They also provide daily, weekly, monthly, and yearly pricing estimates for SHIB, which can be viewed on their website.

Shiba Inu Price Prediction According to Finder 

This financial comparison website conducts monthly surveys with a panel of crypto experts to provide price predictions for various coins, including SHIB. According to their latest survey, the panel on average predicts that the price of SHIB will reach $0.00004930 by the end of 2025, which translates to an increase of 130% from the current price. However, this forecast varies from $0.000018 to $0.0003, which indicates high uncertainty.

Shiba Inu Price Prediction According to AMB Crypto

This crypto news and analysis website performs technical analysis for SHIB using indicators and chart patterns. According to their analysis, the price of SHIB for 2030 ranges from $0.00018 to $0.00022, with an average price of around $0.00014. They also highlight several factors that can affect the price of SHIB, such as adoption, regulation, competition, and innovation.

Based on the above sources, we can create a table of SHIB price predictions for 2024 to 2030 as follows:

From the table above, we can see that there is a considerable difference between the minimum and maximum price forecasts for SHIB, reflecting the high uncertainty and volatility in the crypto market. However, we can also see that there is an upward trend in the average price for SHIB, reflecting the growth potential and popularity of this coin.

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Conclusion

Shiba Inu is a meme coin inspired by Dogecoin and the Shiba Inu dog breed. The coin has a large community, a decentralized ecosystem and a burning mechanism to reduce supply. The coin has attracted the attention of investors and social media, especially after Vitalik Buterin burned most of the portion of the supply he owned.

However, how high can Shiba Inu reach? Will SHIB reach $1 or around Rp 15,700? Will it make investors happy? Will SHIB make investors millionaires or not?

Based on SHIB's price analysis from various sources, it seems difficult for SHIB to reach $1 anytime soon, as doing so would require an increase of 47,000 times from the current price. In fact, to reach Rp 1,700 per token, SHIB would have to rise at about 180 times its current price, which is also a big challenge.

However, this does not mean that SHIB does not have the potential to grow and provide profits for investors. Based on the average price prediction for 2024 to 2030, SHIB can provide an increase of 7 times to 700 times the current price, depending on the factors that affect the demand and supply of this coin.

Therefore, investors interested in SHIB should be aware of the risks and opportunities involved, and conduct in-depth research and analysis before deciding to invest. In addition, investors should also be patient and long-term, as well as keep up to date with the latest developments and news about SHIB and the crypto market in general.

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How to Buy Shiba Inu (SHIB) on Bittime

You can buy and sell Shiba Inu (SHIB) in an easy and safe way through Bittime. Bittime is one of the best crypto applications in Indonesia that has been officially registered by Bappebti.

Shiba Inu (SHIB) is available on Bittime with the SHIB/USDT market pair. To be able to buy SHIB USDT on Bittime, make sure you have registered and completed identity verification. In addition, also make sure that you have enough balance by depositing some funds into the wallet. For your information, the minimum asset purchase at Bittime is Rp10,000. After that, then you can make a crypto asset purchase in the application.

Learn the complete guide on how to buy Shiba Inu (SHIB) on Bittime.

Monitor the price chart movements of Shiba Inu (SHIB), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

Also Read:

SHIB Price Soars 128% in 7 Days: What is SHIB Price Prediction?

Shiba Inu (SHIB): Getting to Know Dogecoin's Competitor Memecoin

Shiba Inu Burn Rate Jumps 900 Percent, SHIB Price Also Rises

DISCLAIMER: This article is informational in nature and does not constitute an offer or solicitation to sell and buy any crypto asset. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices may change significantly from time to time and Bittime is not responsible for fluctuations in crypto asset exchange rates.