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Shiba Inu Price Prediction 2024, 2025, 2026, 2030, 2040, 2050 (in INR and USD): Will Shiba Reach 1$?

Shiba Inu Price Prediction 2024, 2025, 2026, 2030, 2040, 2050 (in INR and USD): Will Shiba Reach 1$?
Author: Rakshita Jain
07-Mar-2024

Gather around, Shibarians!

The long-awaited moment has arrived: Shiba Inu price has finally given the much-needed breakout after over eight months of its much-hyped-up Shibarium launch. Recently, the Shiba price skyrocketed to a whopping 180% in just seven days!

But hold your biscuits until we figure out if this is just the beginning of SHIB's remarkable comeback or if it is done already. To do that, we will delve into the Shiba Inu price prediction blog below, which will work like a crystal ball for all Shiba Inu price predictions for 2024, 2025, 2026, 2030, 2040, and 2050.

On the way there, we will also discuss the most asked questions about Shiba Inu: Will Shiba Inu reach $1? And Will Shiba Inu reach 1 rupee?

Buy SHIBA INU

About Shiba Inu (SHIB)

Shiba Inu is a crypto project launched in 2020 as a DogeCoin killer by an anonymous individual or group called Ryoshi. SHIB is the native currency of this project, which was initially released as an inside joke instead of an actual currency and now has several use cases in the Shiba Inu ecosystem, with a decentralized community of millions across the globe.

The Shiba Inu ecosystem includes :

  • ShibaSwap (a DEX that offers staking, liquidity pools, and yield farming)
  • Shibarium (a newly launched layer-2 blockchain solution for Shiba Inu)
  • Shib the METAVERSE (a metaverse platform to purchase virtual land)
  • SHEboshis (2000 Shiba Inu generated NFTs for the experimental test)

SHIB token has the following utilities in these components of the Shiba ecosystem:

  • SHIB holders can voluntarily burn their SHIB holdings to get the network's burn reward.
  • SHIB owners can stake or "BUY" their holdings into ShibaSwap pools for a specific timeframe to earn annual yields and WOOF rewards.

The team behind SHIB minted one quadrillion tokens and burned 50% of their supply by sending that to Vitarik Buterin's wallet. The remaining total supply of 589.29T SHIB is currently in circulation.

Apart from SHIB, the Shiba Inu ecosystem has two other flagship tokensā€”BONE and LEASH. While BONE is the governance token through which Shibarmy votes in the DoggyDAO, LEASH rewards the Shiba ecosystem's loyalists. LEASH holders enjoy BONE rewards, Shiboshi NFT minting access, and early Shib Metaverse land sales entry.

Key Metrics Value
SHIB Market Cap $14.6B
SHIB Rank by Market cap #11
SHIB Circulating Supply 589.29T SHIB
SHIB Total Supply 589.53T SHIB
SHIB Maximum Supply --
SHIB All-time High $0.00008845
SHIB All-time Low $0.000000000056366

(as of May 2024)

Shiba Inu (SHIB) Price History

SHIB's price history began with its listing in the crypto market on November 28, 2020, at $0.000000000056. Due to the bearish market momentum, the SHIB price gained little traction in the months following its launch. It recorded only 70 Google searches in September 2020. As a result, SHIB closed the year at $0.000000000080150.

The first pump in SHIB price came on April 21 when SHIB rose to $0.00000245, followed by a correction plummeting to $0.000000975. However, it was the resting spot for SHIB before its stellar rally in May, rising 457% in 10 days. Such an exponential surge resulted from the emerging meme coin craze, with multiple meme coins, especially DOGE, gaining popularity. It was also when SHIB was listed by major centralized crypto exchanges, increasing its accessibility and exposure. All this coincided well with the memecoin "godfather" Elon Musk's tweets that indirectly favoured dog-themed cryptocurrencies.

Consequently, SHIB's price was $0.000030. But the hype quickly expired, and the price started a downward trend, lowering to $0.00000624 by September.

Another interesting twist in the SHIB price history came in October 2021 when SHIB again began to rocket upward, soaring over 1100% in less than 30 days. Soon, SHIB's price hit its ATH of $0.00008845 on October 28, 2021. Following the ATH, the SHIB price quickly went into a correction phase until the end of 2021. As a result, SHIB ended 2021 at $0.00002342.

The downward trend in the SHIB price continued in 2022 when it dropped to as low as $0.0000211 by the beginning of February. The following weeks gave some much-needed support to SHIB, causing a price recovery to $0.00003286. However, SHIB soon resumed its downward journey amid the strong bearish market sentiments and catastrophic crypto institutional collapses like that of Terra LUNA, Celsius and others. In April 2022, the Shiba Inu team launched its burn portal that rewards the Shiba users who burn their SHIB coins with 'burnSHIB' tokens. The users can stake these tokens to generate RYOSHI VISION tokens, named after Shiba's anonymous developer, Ryoshi. The 0.49% of all RYOSHI transactions will also go to those who burn more SHIB tokens. Such a set-up contributed to a short-term bullish trend that soon settled. In the later months, SHIB price made several attempts to have a breakthrough and reverse its trend but continued to fail due to the prevailing negative sentiments. Thus, it only managed to end the year at $0.000007921.

2023 started with the anticipation of Shibarium, a layer-2 blockchain solution to reduce the time and cost of transactions occurring in the Shiba Inu ecosystem. The excitement of the Shibarium launch made SHIB soar to 28% in January 2023. This excitement settled when the team behind Shiba Inu announced the delay of Shibarium for August 2023. Soon, a broader memecoin rally began in April when several memecoins like PEPE, FLOKI and WOJAK registered high gains. Thus, SHIB's price was trading at $0.00001037 by the third week of April 2023.

Finally, Shiba Inu launched the Shibarium mainnet on August 16, 2023.

Contrary to optimistic Shiba Inu price predictions following the Shibarium launch, the SHIB price defied expectations, plunging over 8% within 24 hours. It occurred because the investors faced various technical difficulties post-Shibarium. For instance, when they used the Shibarium bridge to transfer their assets from the Ethereum network, their assets got struck in the Smart contract. This lousy experience diffused the excitement for Shibarium among SHIB investors, causing a drop in SHIB price. The memecoin experienced little volatility in the last quarter despite high burn rates. Throughout 2023, Shiba Inu experienced an impressive total of over 76 billion token burns, with a notable 35 million tokens being burned in December alone.

SHIB started 2024 with neutral sentiments, and its price fluctuated between $0.000009 and $0.000010 until late February. By the end of February, the SHIB price started to surge, taking a parabolic path. SHIB's price soared 380% within nine days, impressing its investors. The ongoing Bitcoin rally due to the launch of Bitcoin ETFs in January could be the key reason behind this surge of SHIB, along with many other memecoins like DOGE and PEPE.

In our PEPE price prediction blog, we highlighted the prevailing positive sentiments in the crypto market, attributed to Bitcoin's surge to a two-year high. This momentum is compelling several cryptocurrencies to surpass their resistance levels. As per various reports, some recent tweets by Elon Musk have also contributed to the rise in the SHIB price. On February 26, Musk posted a tweet about his return to "meme grindstone" that positively impacted memecoins.

Shiba INU

At the time of writing, the SHIB is trading at $0.00003877.

But will SHIB continue to rise, or has its bullish rally already ended?

Let's find out by reviewing the Shiba Inu price predictions for 2024, 2025, 2026, 2030, 2040, and 2050 (in INR & USD) below.

SHIBA INU

Shiba Inu Price Prediction 2024 (in INR & USD)

As per our analysis, Shiba Inu's Price prediction 2024 looks extremely promising due to various upgrades lined up for it this year. Its lead developer, Shytoshi Kusama, revealed some exciting upgrades for various Shiba Inu components in the latest edition of Shib Magazine.

Firstly, the project plans to bring more privacy for SHIB token holders through its TREAT token, which will power a new privacy layer on the top Shibarium blockchain. Shiba Inu developers have been working with a cryptography company, Zama, to develop a new privacy-focused network. This move will improve the value proposition of SHIB tokens in the long term due to the rising demand for privacy-focused decentralized cryptocurrencies. After the completion of this feature, the Shiba Inu network will use BONE, TREAT, SHIB and LEASH for various purposes within its ecosystem.

Kusama also shared that the team has been working relentlessly to make its Shibarium L2 blockchain the meme capital of the world through various collaborations.

Another reason for the bullish Shiba Inu price prediction for 2024 (in INR and USD) is the exciting upgrades that will take place in Shiba Eternity (a card battle game where players engage in battles and interact with canine warriors called Shiboshis). The new upgrades will fix the significant issues in the Android and iOS versions of Shiba Eternity while introducing unique P2E opportunities for the players.

Furthermore, Kusama also announced a new Shiba Inu experiment with ERC-404 with The SHEboshis (experiment for advanced NFTs of Shiba Inu). As reported in the official whitepaper of Shiba Inu, a portion of the SHEboshis sale will be used to burn SHIB, LEASH, BONE and TREAT tokens.

Since the SHIB already had a hit start this year due to the recent rally, these upgrades have the potential to maintain and amplify the excitement for SHIB among its holders. With so many projects to look up to this year, SHIB may likely stay in the crypto limelight throughout 2024. Even if the Shiba Inu team postpones any of these new developments, the upcoming Bitcoin halving could become the key reason for SHIB to surge substantially in the upcoming months.

Citing all these factors, our Shiba Inu price prediction for 2024 in USD is $0.00008675 (in the bullish case) and $0.00002327 (in the bearish case), with an average price of $0.00005546.

The same Shiba Inu price prediction for 2024 in INR is INR 0.0072 ( in the bullish case) and INR 0.0019 (in the bearish case), with an average price level of INR 0.0046.

Unit Maximum Price Minimum Price Average Price
Shiba Inu Price Prediction 2024 USD $0.00008675 $0.00002327 $0.00005546
Shiba Inu Price Prediction 2024 INR INR 0.0072 INR 0.0019 INR 0.0046

Shiba Inu Price Prediction 2025 (in INR & USD)

As we reviewed the crypto market's historical data, our Shiba Inu price prediction for 2025 also looks extremely bullish. This optimism comes from the remarkable performances of the memecoins, particularly after Bitcoin's halving.

In the above section on Shiba Inu Price prediction 2024, we discussed that Bitcoin halving, considered the ultimate harbinger of bull runs in crypto, is just 38 days away. Since 2012, every Bitcoin halving event has been followed by over a year-long bullish momentum for cryptocurrencies, with notable uptrends in trending memecoins like SHIB, DOGE, FLOKI, and PEPE.

Thus, multiple analysts have given bullish Shiba Inu price predictions for 2025, the year next to Bitcoin's halving year. For instance, the panel of crypto experts at Finder's predicted that Shiba Inu could rise to 300% from $0.00001275 to reach the $0.00004930 level in 2025.

Shiba INU Price Prediction 2022-2025 in INR

Even if we look at SHIB's meteoric rise in the bull run of 2021, it saw a monumental increase of over 28,000,000%. This means that if you had invested $1 in SHIB at the beginning of 2021, it would have been worth $2,80,000 by the end of the last bull run. If SHIB follows a similar trajectory in the upcoming bull run, which is expected to begin soon in a few months, its investors can enjoy immense gains by the end of 2025.

Considering these factors, our Shiba Inu price prediction for 2025 in USD is $0.0005674 (maximum), $0.0000998 (minimum) and $0.0003452 (average).

This Shiba Inu price prediction for 2025 in INR is INR 0.047 (maximum), INR 0.0083 (minimum) and INR 0.029 (average).

Unit Maximum Price Minimum Price Average Price
Shiba Inu Price Prediction 2025 USD $0.0005674 $0.0000998 $0.0003452
Shiba Inu Price Prediction 2025 INR INR 0.047 INR 0.0083 INR 0.029

Shiba Inu Price Prediction 2026 (in INR & USD)

If we apply the same historical analysis to draw out Shiba Inu's price prediction for 2026, it seems like SHIB can undergo a strong correction phase.

Being a meme coin, SHIB exhibits strong volatility phases post-surging to new highs. The price of SHIB experienced a significant decline of 77% throughout 2022 (after the end of the 2021 bull run). For instance, SHIB was trading at $0.000034 at the beginning of 2022 and then fell to roughly $0.000008 by the end of the year. Thus, the SHIB price can repeat a similar downward trend in 2026. However, SHIB can avoid this dump by introducing potential features, partnerships and improvement plans.

Considering all these factors, our Shiba Inu price prediction for 2026 in USD is $0.00006678 (maximum), $0.00001250 (minimum) and $0.00004467 (average).

The same SHIB price prediction for 2026 in INR is INR 0.0055 (maximum), INR 0.0010 (minimum) and INR 0.0037 (average).

Unit

 

Maximum Price Minimum Price Average Price
Shiba Inu Price Prediction 2026 USD $0.00006678 $0.00001250 $0.00004467
Shiba Inu Price Prediction 2026 INR INR 0.0055 INR 0.0010 INR 0.0037

Shiba Inu Price Prediction 2030 (in INR & USD)

After the recent price pump, Shiba Inu has now become the 10th largest cryptocurrency by market cap. It is the second largest memecoin after Dogecoin, exhibiting the strong powder of Shibarmy. Thus, the long-term potential of Shiba Inu looks promising in aspects of price and adoption.

Moreover, it is also important to consider the market cycles to draw out Shiba Inu price predictions for 2026 (in INR & USD). Since the crypto market undergoes a bull run every four years, SHIB will likely undergo at least two bull runs by 2030.

On that basis, our Shiba Inu price prediction for 2030 in USD is: $0.007653 (maximum), $0.000889 (minimum) and $0.001898 (average).

The same Shiba Inu price prediction for 2030 in INR is: INR 0.63 (maximum), INR 0.074 (minimum) and INR 0.16 (average).

Unit Maximum Price Minimum Price Average Price
Shiba Inu Price Prediction 2030 USD $0.007653 $0.000889 $0.001898
Shiba Inu Price Prediction 2030 INR INR 0.63 INR 0.074 INR 0.16

Shiba Inu Price Prediction 2040 (in INR & USD)

Figuring out a Shiba Inu price prediction for 2040 is quite difficult, given the extremely volatile nature of this memecoin. However, given historical performance, competitor analysis, regulatory environment, and other macroeconomic factors, SHIB may show prominent upward price movements in the upcoming decade.

But let's not go ahead of ourselves as it's not always sunshine and rainbows when it comes to memecoins. The possibility of black swan events can threaten the growth of Shiba Inu in the long term.

Citing all these factors, our Shiba Inu price prediction for 2040 in USD is: $0.01765 (maximum), $0.004931 (minimum) and $0.008784 (average).

This Shiba Inu price prediction for 2040 in INR is: INR 1.46 (maximum), INR 0.41 (minimum) and INR 0.73 (average).

Unit Maximum Price Minimum Price Average Price
Shiba Inu Price Prediction 2040 USD $0.01765 $0.004931 $0.008784
Shiba Inu Price Prediction 2040 INR INR 1.46 INR 0.41 INR 0.73

Shiba Inu Price Prediction 2050 (in INR & USD)

By 2050, the crypto market will likely receive a global regulation framework that could contribute to the mainstream adoption of top cryptocurrencies. If that happens, SHIB can also benefit from this wave and surge to new highs.

Thus, our Shiba Inu price prediction for 2050 in USD is: $0.089 (maximum), $0.0085 (minimum) and $0.047 (average).

The above Shiba Inu price prediction for 2050 in INR is: INR 7.38 (maximum), INR 0.70 (minimum) and INR 3.90 (average).

Unit Maximum Price Minimum Price Average Price
Shiba Inu Price Prediction 2050 USD $0.089 $0.0085 $0.047
Shiba Inu Price Prediction 2050 INR INR 7.38 INR 0.70 INR 3.90

Here's a cumulative table of Shiba Inu price predictions for 2024, 2025, 2026, 2030, 2040 and 2050 in USD :

Year Maximum Minimum Average
Shiba Inu Price Prediction 2024 (USD) $0.00008675 $0.00002327 $0.00005546
Shiba Inu Price Prediction 2025 (USD) $0.0005674 $0.0000998 $0.0003452
Shiba Inu Price Prediction 2026 (USD) $0.00006678 $0.00001250 $0.00004467
Shiba Inu Price Prediction 2030 (USD) $0.007653 $0.000889 $0.001898
Shiba Inu Price Prediction 2040 (USD) $0.01765 $0.004931 $0.008784
Shiba Inu Price Prediction 2050 (USD) $0.089 $0.0085 $0.047

Shiba Inu price prediction for 2024, 2025, 2026, 2030, 2040 and 2050 in INR is as follows:

Year Maximum Minimum Average
Shiba Inu Price Prediction 2024 (INR) INR 0.0072 INR 0.0019 INR 0.0046
Shiba Inu Price Prediction 2025 (INR) INR 0.047 INR 0.0083 INR 0.029
Shiba Inu Price Prediction 2026 (INR) INR 0.0055 INR 0.0010 INR 0.0037
Shiba Inu Price Prediction 2030 (INR) INR 0.63 INR 0.074 INR 0.16
Shiba Inu Price Prediction 2040 (INR) INR 1.46 INR 0.41 INR 0.73
Shiba Inu Price Prediction 2050 (INR) INR 7.38 INR 0.70 INR 3.90

Will Shiba Inu Reach $1?

The possibility of Shiba Inu reaching $1 is negligible for various reasons. First among them is the size of the crypto market required for it to happen. Currently, SHIB has a total supply of 589.53 Trillion SHIB. So, for one SHIB price to reach $1, the market cap of Shiba Inu needs to hit $589.53 trillion, which seems highly unlikely in any scenario. Since the total crypto market is only $2.55 trillion, such a big jump is impossible for SHIB.

Furthermore, it has multiple competitors like DOGE, FLOKI, PEPE, and others. None of these memecoins has reached the $1 mark yet and does not seem to be reaching there anytime soon. Another reason to say that Shiba Inu will not reach $1 is the lack of intrinsic value. Even though the Shiba Inu ecosystem has introduced several use cases for the SHIB token, it still lacks real-world use cases.

Thus, it is not possible for Shiba Inu to reach $1 anytime soon.

Will Shiba Inu Reach 5 Rupees (INR)?

Based on our analysis of Shiba Inu's performance so far in the crypto market, the memecoin has the potential to show significant price pumps quickly. For SHIB to reach the 5 rupee mark, it has to increase 166,014.27% from its current INR price of ā‚¹0.003009. For that to happen, SHIB has to break hundreds of resistances through strong price pumps. Such a scenario has never been seen before so far in any asset. Thus, the possibility of Shiba Inu reaching 5 rupees anytime soon is very low.

Will Shiba Inu Reach 1 Rupee (INR)?

As we expand our Shiba Inu price prediction, the meme coin seems to have the potential to reach the 1 rupee mark by 2040. With the new upgrades, features and use cases, the Shiba Inu ecosystem is moving towards expanding its user base. It also recently completed a significant collaboration with D3 Global, a next-generation domain company. This collaboration will assist Shiba Inu in applying for .shib domain names to establish its position in the wen 3 industry. Such steps by the Shiba Inu team may contribute to significant price pumps in SHIB price, taking its price to the 1 rupee mark in the upcoming decade.

FAQs

What is the Shiba Inu price prediction for 2024 (in INR and USD)?

The performance of Shiba Inu so far in 2024 has been commendable, given its price increase of 302% in 1 month. It has outperformed Bitcoin and many other top coins in terms of year-to-date gains, hinting towards a bullish trajectory for 2024. Moreover, various updates and improvements lined up for it also suggest a bullish momentum by the end of 2024. Lastly, the upcoming Bitcoin halving may also support its upward price swings. Thus, our Shiba Inu price prediction in INR and USD are as follows:

  • INR 0.0072 (maximum), INR 0.0019 (minimum) and INR 0.0046 (average)
  • $0.00008675 (maximum), $0.00002327 (minimum) and $0.00005546 (average)

What will Shiba Inu be worth in 2025?

As per our Shiba Inu price prediction for 2025, SHIB can trade between $0.0000998 and $0.0005674 or INR 0.0083 and INR 0.047.

Will the Shiba Inu coin reach $1 in 2030?

Given several key factors, the prospect of the Shiba Inu coin reaching $1 by 2030 appears highly improbable. Despite potential future bull runs in the cryptocurrency market, the existing market cap and total supply of SHIB pose significant barriers to such a lofty valuation. Even with ongoing efforts by the Shiba Inu team to reduce the supply through initiatives like the Shibburn portal, the magnitude of capital inflow required for SHIB to attain $1 is huge.

Furthermore, the competitive landscape within the broader crypto market adds another layer of complexity. While market dynamics can evolve, the scale of growth necessary for SHIB to achieve this milestone seems unattainable within the specified timeframe. Thus, a $1 price for Shiba Inu by 2030 remains highly unlikely.

What is the Shiba Inu price prediction for 2030 in INR?

Our Shiba Inu price prediction for 2030 in INR is - INR 0.63 (maximum), INR 0.074 (minimum) and INR 0.16 (average).

Where to buy Shiba Inu In India?

Flitpay is the best platform for buying Shiba Inu in India. Here, you can easily buy SHIB, Bitcoin and more than 150+ other cryptocurrencies. It is an FIU-approved cryptocurrency exchange, with strong customer support and swift deposits/withdrawals.

Disclaimer: The content provided in this Shiba Inu price prediction blog is purely for informational purposes and should not be considered financial advice. Cryptocurrency markets are highly volatile and subject to rapid fluctuations. Any investment or trading decisions based on the information presented here are at your own risk. We recommend conducting thorough research and consulting with a qualified financial advisor before making an investment decision.

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