The Shiba Inu craze started in 2021 when the meme coin was introduced as “Dogecoin Killer” in the crypto world and quickly gained popularity among young traders. Shiba Inu’s spectacular run and rising supremacy began in the fourth quarter of 2021 and had been gaining a lot of traction in the market. Shiba Inu continues to pique the interest of investors and traders as the team plans to venture into a variety of new-age applications.
Do you ever wonder if SHIB will ever reach $0.0001? Hold on tight as we take you on a tour of SHIB’s price forecast for 2022 and beyond.
Shiba Inu Market Analysis and Prediction For 2022
Shiba Inu has several advanced features, including a stable coin exchange and fully decentralized trading. One of its significant advantages is that it can be used to trade or swap stable coins like Bitcoin and Ethereum against fiat money. Shiba Inu also allows its customers to manage their crypto wallets autonomously and refill funds as needed without permission.
However, the meme token has recently been witnessing a price plunge. The reason behind it is the expensive transactions on the Ethereum blockchain and investors losing patience over a long time. According to analysts, Shiba Inu coin price prediction 2022 suggests that SHIB is expected to survive the extended bear market and show some increase until the end of the year.
The Shiba Inu token reached its all-time high market price on October 28, 2021. The bull market trends were on their side and helped the Shiba Inu community to reach its full potential by pushing the price range for another week. However, profit-making attitudes influenced the coin’s value after that week. As a result, people realized that Shiba Inu is just like any other cryptocurrency, especially ones that aren’t stable coins when it comes to market fluctuations.
So, for the third quarter of 2022, we predict $0.00001926 if the market remains favorable. It is expected that the meme coin will experience big collabs following the shift of ShibaSwap from PoW to PoS. This means Shiba Inu can now be staked and used as a passive income source on the ShibaSwap platform.
However, there would be a fall in the price up to $0.0000138 before moving to the last quarter of 2022. Then the price might fall or rise depending on the market sentiments of the investors. In the final quarter, the price might settle at around $0.0000231, after the bearish and bullish trends of the year, followed by mass liquidations.
Price Prediction For 2030
As per Shiba Inu coin price prediction 2030, the coin is set to increase by almost 87,000% of its current value. The target of $0.0001 might be reached even before 2030. Maybe around 2025.
With the introduction of Shiberse in the Metaverse system, it is likely to gain more investors in the coming years, and by 2030, Shiba Inu prices can reach a whopping $0.001! This is why many investors are speculating about the meme token and still currently holding on to their losses, looking at a bright future. Read more shiba inu coin price prediction 2050
In the current bearish market of 2022, the Shiba Inu market value has seen a downward spiral. If the market survives this difficult period, the Shiba Inu coin has the potential to perform spectacularly in the following years. Therefore, the Shiba Inu price prediction 2030 is said to show some encouraging numbers. SHIB is likely to roll back to its ATH soon!