There is no end of curiosity in Shiba Inu Community for knowing about Shiba Inu’s price. Why did Shiba Inu Coin gain so massively in the earlier stage of 2021? Why is Shiba Inu’s price stuck at a particular point now? How much will Shiba Inu coin be worth by 2025? These kinds of thousands of questions about Shiba Inu’s price are wandering in the mind of Shiba Army. However, the Shiba Inu coin’s price is compared with the mood swings of a girl that changes so frequently. So, it’s really difficult to make general crypto investors understand, what will Shiba Inu be worth by 2025? But, our research team has made this sophisticated issue simple for the Shiba Inu community members.
How Does Shiba Inu Coin Price Move?
Hi Shiba Army! We are developing this Shiba Inu Coin Worth related article from the ground-up in which we will incorporate every single point so that our Shiba price research answers all your questions.
The quick price fluctuation of Shiba Inu in the Crypto market is the first point to start our discussion today. Our focal point of today’s discussion will be, what’s the reason behind Shiba’s quick price fluctuation? What is its mechanism? We will describe it to the point without going behind the scene. This article won’t include any fundamental issue but will reveal the secret behind the Shiba Inu price movement. How Shiba Inu price changes is a secret not only to newbies but also to experienced investors. So, what is the process?
Look at the chart above- the price of Shiba Inu is at 0.00000642$; but if you see the price tomorrow morning, you might see Shiba’s price on Binance at 0.00000987$. So, how is the price raised?
Now, look at the Shiba Inu price orders above and below the bolded price in the picture. The green-marked prices in the picture are buy-orders; on the other hand, red-marked prices are sell-orders. Suppose; you would like to buy Shiba Inu worth 50M USD on Binance. Do you think you can buy the entire 50M USD by placing the order at 0.00000642$?
The matter is not like that, and you can’t do so. Why are we saying so? You can find no price is even close to 50M upon seeing the price chart attached above. Look at the sell orders- and you can see the 1st sell order is at 0.00000643$ worth 12,598$. Then, the 2nd sell order is at 0.00000644$ worth 44,986$. You can feel what is actually happening, seeing the difference between first and second order. The orders are gradually increasing indeed. Contrarily, just look- you have already purchased 57K USD, so think, how many more prices do you need to buy to reach your 50M buying target? This is how Shiba Inu’s price rises. The same thing will happen on the opposite side when you would like to sell Shiba Inu worth 50M USD.
So, our recommendation is for you to check the price orders of the market before buying Shiba Inu. If you see there is a big price order on the opposite side of where you would like to place an order, then please wait. Because; the market might move towards the big price order.
SHIBA Inu (SHIB) Price Chart
|Shiba Inu Parameters||Details|
|Trading Volume (last 24 hours)||$854,278,943|
|24H Price (Up/Down)||5.7% Down|
|7 Days Price (Up/Down)||14.6% Up|
|14 Days Price (Up/Down)||13.3% Up|
|30 Days Price (Up/Down)||0.7% Down|
|Last 1 Year Price (Up/Down)||6490017.1% Up|
- As per the latest update- Shiba Inu has been following a downtrend by 6.19% in the last 24 hours. With a 24-hour trading volume of $854,278,943, presently Shiba’s price is at 0.000008 USD. Shiba ranks at #50 with a live market cap of $3,155,553,478 USD and a maximum market supply of 394,796,000,000,000.
- Shiba Inu gained a 140,000 times increase in its price within 8 months after the launch, even after it started its journey by sending 50% of its supply to Vitalik’s wallet.
Maybe, you are thinking, why are we talking about the Shiba Inu price chart in this Shiba Inu coin worth article? Definitely, there are some sturdy reasons. Let me clear it up. Many significant events took place with Shiba Inu in the last three months; but, did you see any impact on its price? It’s a NO. That Shiba Inu came with no impact on its price dejected the Shiba Army. Listing of the name of Shiba Inu in Coinbase, one of the largest crypto exchanges, also kindled no hope among the Shiba Army. But many of them expected the price of Shiba Inu would rise. What is the mystery that isn’t driving the Shiba Inu’s price even after these massive achievements? Yes, the mystery is hiding in the daily trading chart of Shiba Inu. Are you startled?
Let’s know the secret in detail. Look at the daily chart of Shiba Inu above- a sudden crash of Shiba Inu knocked its price down from 0.00001567$ to 0.000006$, which was really terrible. If you notice carefully, you can see the price of Shiba Inu moving within a range. O, what is the important range? The range is 0.000006$(support) and 0.00000946$(resistance). Now, you ought to know, what is the technique of range trading? Upon looking at the Shiba Inu daily market chart, you can see that the market is over and over bouncing back, touching the support and resistance area. No news is also bolstering this support and resistance to break the range.
Don’t open your Shiba Inu trade opening between this support and resistance, which is our recommendation to you. You can accept 0.000006$ as a buy position providing that you desire for a safe entry point or holding for the long term. On the other hand, we can see a bullish move in Shiba Inu’s market once it breaks out of the range, as Shiba Inu has been within this range for many days.
Shiba Inu Coin Price & Market Data
In the last 24 hours, Shiba Inu’s price saw an increase of 3.73% that took its price to $0.000006663, or 0.0000056 Euro. Shiba Inu’s price for its Shiba holders has not been going well since 11th May 2021, which is obvious when you see Shiba Inu Coin Price market data. This is because the price of Shiba Inu was at 0.00000172$, and that price arrived at 0.00003532$ on 11th May 2021. Can you guess how much Shiba Inu gained? However, the latter scenario was really different. Shiba Inu sank by -82.4% from ATH in the next 4 months, which gave birth to frustration among Shiba Army.
BTC’s current price is at 46,845$, whereas its price was at 55,901$ on 11th May 2021. So, BTC is down by -27.8% from its 65K. We are writing on the BTC pricing situation so that you may understand how much BTC has recovered. Look simply, BTC is down by 28% from ATH, and the amount in the case of Shiba Inu is -82%. So, Shiba Inu’s recovery process is too slow, which really carries pessimism among Shiba Army. There is also a reason for mentioning the price of BTC. We hope you noticed that the crypto market price has an affiliation with BTC. For example, the Altcoin price increment always follows BTC, and similarly, BTC’s crash is also followed by Altcoins. In the case of price recovery, this is the same. What’s the reason behind this? Indeed, there are so many reasons behind this. In our review, one reason among many is evident; what is it?
The DOGE coin’s price was at 0.57$ on 10th May 2021, and the price sank at 0.17$ on 20th June 2021. By the time we were writing this Crypto Price Research-based article, the price of DOGE was only 0.24$, which is down by -67.1$ from ATH. Can you remember one thing? BTC is presently down by 27% but DOGE? DOGE is also in the downtrend massively like Shiba Inu. That’s the relation; what’s the relation?
Yes, we are talking about the crypto niche, which is Meme Coin Niche. You may remember that at the end of last year, even the whole of 2020, the trend of meme coins was. In fact, the DOGE coin is leading this meme coin. But, a change in the game-play has taken place after the BTC price crashed from 65K. Somehow, our Crypto Research team minds that crypto investors got a change in taste in investment. And as a result, they are moving towards NFT-typed projects and gaming-based crypto projects, which is resulting in no improvement in the price of Shiba Inu. The same situation is also applied in the case of DOGE.
Shiba Inu Market Position
Firstly, market position is a correlative matter in the crypto industry. Such as, do you see the name of BitConnect in CoinMarketCap? You don’t. But, this BitConnect ranked in the top-10 coins in 2017. It strongly refers to that market position is not permanent data indeed. But, data also means a lot of things. For example, ETH has been in the 2nd position from a very early age. That’s why ETH is the second choice among institutional investors after BTC.
By the time we were writing this Shiba Inu Coin price research article, the market position of Shiba Inu on CoinMarketCap was at 50; where 51 was the position of Shiba Inu on the Coingecko website. And, Shiba Inu coin is reigning in the second position over crypto meme niche till now. Why are we saying so? It’s because MonaCoin is in the third position as a crypto meme niche with a 99M MarketCap, whereas Shiba Inu has a MarketCap of 2.6B. So, it goes without saying that the DOGE coin is leading Crypto meme niche with its 31B marketcap.
Truly to say, a Crypto coin’s market position depends on the amount of its Marketcap. You may be thinking Bitcoin is in the 1st place of market position as it is the earliest cryptocurrency. But the matter isn’t like this. Just look at the Bitcoin marketcap- you can see Bitcoin’s marketcap is 875B out of 2.10T market cap of global currency. According to the amount of marketcap, ETH ranks second with its 394B MarketCap.
So, if Shiba Inu’s MarketCap reaches 890B by tomorrow, outnumbering the amount of BTC, then Shiba Inu will rank first. We hope you understood from this writing that the crypto market position is not a fixed data. This change is akin to people’s minds that change over time. So, you should not feel agonized seeing Shiba Inu’s market position at 50. On the other hand, there had no reason to be so excited when Shiba Inu’s position was 15. But, fundamentally strong projects can make this temporary place permanent, and its burning example is Ethereum.
Shiba Inu Price in Markets
- If you would like to buy Shiba Inu coins, you will have Shiba Inu of different price segments. So, you have to determine what kind of buyer you are for buying Shiba Inu. For example, if you are a sensitive and careful buyer and that’s why you want to avoid risk, you should go for decentralized exchanges. But, you have to analyze Shiba Inu price in Markets data to find out; from where you will get Shiba Inu at a cheaper rate.
- For example, you have to calculate $0.00000665 with a 0.15% spread to pay to buy Shiba Inu. On the other hand, you have to expend $0.00000665 along with a 15% spread to buy Shiba Inu on Coinbase Exchange.
- In Shibaswap, the buying cost of Shiba Inu is $0.00000663 along with a 0.6% spread. On the other hand, the buying cost of Shiba Inu is $0.00000664, along with a 0.6% spread on Uniswap, a leading decentralized exchange.
- Now, analyze the info you got from the analysis of Shiba Inu Price in Markets.
- In centralized exchanges, the price of Shiba Inu is relatively cheaper than decentralized exchanges. On the other hand, the security in decentralized exchanges is higher than in centralized exchanges.
- Where you will go now is entirely up to you. If you don’t want to compromise with security, then you should choose decentralized exchanges.
- However, if you want to buy Shiba Inu from any decentralized exchange, our recommendation is to check the ETH gas fee first to make sure you don’t need to calculate a cut-throat transaction fee. As the gas fee increases your Shiba Inu price, you should wait until the gas fee becomes lower.
Shiba Inu price Prediction
- Before talking about the Shiba Inu price prediction, we are nailing down one thing- no price prediction of any crypto project guarantees the price. It’s quite usual that when any Crypto Research team holds a specific coin and runs analysis over this, they remain over-optimistic about the coin’s pricing. In this regard, we are making clear a thing- the CryptoOOF team doesn’t hold Shiba Inu. So, what’s our motto then? Our motto is to let you know what changes in Shiba Inu coin pricing crypto experts expect to occur within the next 2-3 years. However, one thing that you must know is nothing is 100% certain in the Crypto industry.
- If you take a look at the full chart of the Shiba Inu coin, you can see Shiba Inu’s price was stable from 17th September 2020 to 13th April 2021. Then, Shiba Inu started becoming trendy following the tweet of Elon Musk. $0.00003791 is the ATH of Shiba Inu. Shiba Inu was on its ATH, but Shiba Army never expected that they would see such a slump in the price of Shiba Inu.
Let’s cut corners on the Shiba Inu’s price prediction –
- All coins, including Shiba Inu, in the crypto industry, cannot break the Crypto 4 Year Cycle. We are reminding you of the Crypto 4 Year Cycle rule so that you can understand. By checking the full history of the crypto industry, you can see maximum crypto projects gained massively in the years 2013, 2017, and even 2021. What is the reason?
- If you notice carefully, you can remember that 2013, 2017, and 2021 were the following years of Bitcoin halving.
- Although the following years of Bitcoin halving saw massive price increment (like what happened in 2021, 2020), the 3rd and 4th years after halving saw many crypto project’s price crashes. So, according to our assumption- 2023 and 2024 are going to be challenging for the whole crypto industry.
- We are not saying it’s a permanent rule in the Crypto industry, but you can understand it’s a valid point of the Crypto 4 Year Cycle considering the price history.
- According to the rule of this Crypto 4 Year Cycle, 2025 can be a year of Crypto industry’s massive gain. So, 2025 is a significant year for you, providing that you are desirous of a gigantic profit from your Shiba Inu.
- We see Shiba Inu gained 2278% in its price till 2021. Our CryptoOOF team believes that- if Shiba’s dev team fulfills their all commitments within the next 4 years, then we can see Shiba’s Bull Run and can gain even more than 2278% in price.
- Because; both the Shib community and Shib products are in a good position today.
- Another point we are going to let you know about the Shiba Inu price prediction- Shiba Inu is currently on its bullish run, and it is not yet finished, according to our expert team.
- So, this bullish run can stay from December this year to January and February of 2022, and then maybe we will see the bullish trend drawing the line.
- So, we will not get surprised if we see Shiba Inu wandering around its ATH in the next 4-5 months.
- Contrarily, the price movement of Shiba Inu for the next 5 years is dependent directly on a parameter: which is the price of Shiba Inu. Crypto niche-based price movement has become a notable issue. For example, when the Oracle topic in crypto gets into trend, then not only Chainlink but also other Oracle-based project’s prices see an increment. On the other hand, when there is hype in the DOT ecosystem, the other projects connecting to PolkaDOT see price increments. In the same way, SHIBA INU is the 2nd leader of the meme crypto coin after DOGE coin. So, it can be undoubtedly said that Shiba Inu’s price will go through a boring movement providing that DOGE coin’s price doesn’t see a massive growth within the next 5 years.
We are again making one thing clear that our Shiba Inu price prediction doesn’t guarantee the price. Carrying a message to you about what situation can take place with Shiba Inu in the next five years is the motto of our expert team. We mind it will give you a general guideline over the price-based movements of the entire Crypto industry. It’s our job to indoctrinate you about the crypto price.
Shiba Inu Coin Price-Where to Buy?
There might be controversies regarding Shiba Inu- but, you need not face any trouble buying Shiba Inu tokens because Shiba Inu is now available from leading exchanges to maximum new exchanges. On the other hand, the coin is also available on decentralized exchanges like Uniswap, ShibaSwap. So, now the question is ………………
- Option one (Risky): If you are careless about your Shiba Inu coins, you can easily buy Shiba Inu on Binance and earn passive income by staking these coins on Binance. Binance offers impressive rewards on staking. But, we won’t recommend you Buy Shiba Inu with your hard-earned money to stake (on Binance). Why are we saying so? It’s because you pose no control over those coins you deposited in an exchange. The reason is the exchange can anytime suspend your account. So, intelligent people never depend on centralized exchanges rather they use these exchanges smartly. Using centralized exchanges smartly reduces your cost to some extent. Along with that, your risk level will get mitigated too, and we will describe the technique in the third option.
- Option two (Safe): In the crypto industry- if you want to buy something safely, you better use decentralized exchanges. It’s because decentralized exchanges cut off the interference of any third party. As a result, no one can steal your Shiba Inu, which is held on these exchanges because you belong to the full authority on your coin.
- Option three (Smart): Let’s share the aforementioned technique. It’s true that sometimes, the transaction fee in decentralized exchanges becomes unbearable. That is the reason behind avoiding Uniswap by Crypto retail investors. So, if you want, you can follow the way we are directing. This way is: you must buy Shiba Inu on centralized exchanges like Binance, Coinbase, etc. After buying is done, you should move your purchased Shiba Inu to your ledger wallet. This technique makes sure both the safety of your coins and the reduced transaction fee. How does this idea seem to you?
Can Shiba Inu price Hit 1 cent?
- Shiba Inu has a supply of 1 quadrillion, which is 1,000,000,000,000,000 in number. Do you know one thing that Shiba Inu has the largest amount of circulating supply amount among all popular coins? However, now comes to the issue of Shiba Inu’s 1 cent price target. Look- it goes without saying that the amount of circulating supply Shiba Inu now has will get increased within the next 2-1 year. On the other hand, along with bearing in mind the issue of Shiba Inu’s total coin supply; if we think about its MarketCap, we can undoubtedly assume that the marketcap of Shiba Inu will reach 10 trillion by the time Shiba Inu’s price hits 1 cent. Now, maybe you will say, what special has been happened for so? Well, we are sharing with you a piece of data, which is…………
- Do you know? While we are writing this article on Shiba Inu Coin Price Worth today (17th September 2021), the whole crypto industry’s marketcap is only $2.1 T. So, just think- in the whole crypto industry, there are nearly 12 thousand crypto projects including giant crypto projects like BTC, ETH, ADA, DOT, LINK, SOL, and their collective Marketcap is nearly $2T, whereas Shiba Inu alone has $10T MarketCap. Can you imagine that?
- We are not saying it’s impossible, but it’s not going to happen in the not-so-distant future. It’s a strong assumption of our crypto expert team- Shiba Inu is not going to hit 0.01$ in 2050.
- Another info that you must know is- although Bitcoin’s current price is 48K USD, its marketcap is below $1 T.
- So, we hope you understood how big 10 T is not only to Shiba Inu but also to the whole crypto industry.
How long will it take for Shiba Inu to reach $1?
- To conclude in a word, it fully depends on the crypto industry. Being fundamentally poor, Shiba Inu is not capable of solving any problem. That’s the reason many think Shiba Inu cannot even reach 1 cent, let alone $1. We said earlier too that it’s nearly impossible for Shiba Inu to meet this target.
- We are developed a research-based article on Shiba Inu’s $1 price target, where we are discussed every single point ranging from MarketCap to crypto expert’s opinion, so that things become manifest to the newbie. We believe that article is going to please you all.
- Now come to the relevance of ‘’how long will it take for Shiba Inu to reach $1?’’ Shiba Inu can reach its milestone providing that the whole crypto industry becomes hugely popular, like BTC’s price reaches $30M, ETH to $1M, BNB to 500K USD, and DOGE coin to 25K. Now think if BTC will reach $30M from $50K so quickly. It’s not all, and it’s a long-term process.
- Our crypto expert team believes that the Shiba Inu cannot reach its $1 by 2075 even after Shiba Inu becomes stable and updated. And we being over-optimistic mentioned the year 2075, and it’s because the crypto market pattern changes very quickly. Maybe, meme typed coins will lose their value in the future. And maybe, at that time, Shiba INU will never reach its 1 cent price target. It’s the reality.
Will Shib Hit $.00009 in 2021 to 2022?
- We don’t think Shiba Inu can reach $.00009 by the later part of 2021 or even 2022. Why are we saying so?
- Till now, Shiba Inu’s ATH is $0.0000388 where Shiba Inu reached in the earlier part of 2021. But then, Shiba’s price faded away.
- On the other hand, we are at the end of our crypto bull run in 2021, according to our Crypto market research team. Maybe, we will soon see the last finishing touches on this Bull Run.
- The current market price of Shiba Inu is $0.000008402, which is a 78.72% lag behind its ATH. So, our analysis says that Shiba Inu can reach near about its ATH at the time of Bull market’s last finishing touches. Contrarily, if the meme coin becomes trendy, Shiba Inu’s price can hit 0.00005$ by 2022.
The Future Shiba Inu Coin Price
We have so far come through Shiba Inu’s price predictions done by CryptoOOF research team members. Now, we will go through the opinions of giant analysts of the crypto industry over the Shiba Inu coin price.
We saw diversity in opinion about Shiba Inu among crypto experts. An expert named Wallet Investor thinks Shiba Inu coin can worth 0.000064 within the next 5 years. A tone of hope regarding the Shiba Inu is also visible in the opinion of Market Realist, who think Shiba Inu can touch 0.000061 in 5 years, which is a 620% upside potential.
Shiba Inu Coin Price today
By the time we were writing this Shiba Inu price-related article, the price of the Shiba Inu coin was at $0.000009276. The last 24 hours for Shiba Inu holders were really auspicious as its Shiba Inu coin has gained 30% in its price. Being volatile in nature, we see the price change in the crypto market every single moment. From that perspective, we can say- even though we update this Shiba Inu price article today, a noticeable price difference in Shiba’s price will catch sight of you. So, we will discuss today from where you can get the price update of Shiba Inu. On our recommended crypto websites, you will have updates of not only the Shiba Inu price but also other important pieces of information.
- Coinmarketcap for Shiba Inu price: Coinmarketcap is one of the most popular Crypto price tracking sites. Using CMC, you can get instant updates on today’s Shiba Inu price. You can see the Shiba Inu price of Binance on CMC. Among other pieces of data you can find on CMC, some notables are 24-hour trading volume, historical data, name of those exchanges in which Shiba Inu is listed, Shiba Inu’s 24-hour trading volumes on different exchanges, and a piece of confidential data about in which exchanges Shiba Inu is popular.
On the other hand, you will know how much Shiba Inu top Shiba Inu holders are holding through this CMC. A core feature of CMC is that it lets you access official social accounts even without checking the social media from where you get to know what these accounts are sharing.
And you also can see the official activities of the Shiba Inu coin with this blessing feature.Through CMC, you can also find Shiba Inu coin’s market rating, historical data, price analysis, and even you can make a price prediction of Shiba Inu coin, which is the latest addition of CMC.
- Coingecko for Shiba Inu Coin Price: Coingecko website is also popular in the crypto community and even it is much updated in some cases. So to know Shiba Coins today’s price, you can follow the Coingecko website. On this website, you will find all the social Media of Shiba Inu as a handy reference. Even though you can easily have the contract address of Shiba Inu on this website, we won’t recommend you follow this address as they are a third party. Basically, Coingecko shows Shiba Inu’s price in USD, but we can see the price of BTC and ETH too against Shiba below there.
Another interesting feature of Coingecko is- it will automatically calculate the amount of cost you need to pay for buying the required amount of Shiba Inu that you will have entered. Suppose; you would like to purchase 1M Shiba Inu, but you don’t know how much in USD you have to pay for this. In that case, using the auto calculator of Coingecko, you can figure out the cost in the twinkling of your eye.
The other amazing feature of Coingecko is that it helps you to easily catch whether Shiba Inu is in its bullish or bearish trend by showing the price percentage of increase or decrease according to the timeframes of 1H, 24H, 7Days, 14Days, 30Days, and even 1year.
Furthermore, other features like CMC are also available on this Coingecko website for Shiba Inu. For knowing Shiba Inu’s daily price and miscellaneous information, these two websites are conducive.
We expect Shina Inu’s bullish trend of price by 2025, and at that time, the Shiba Inu coin’s worth will be much more than its current price. But verily, it’s foolish to think of Shiba Inu coin’s worth $0.01, $0.10, $1 by 2025. The crypto market always moves step by step with a full of context. In this context, the factors of project niche, marketcap, revolution, and innovations are significant. So expecting Shiba Inu’s price to reach 1 cent without any context is unrealistic. However, 2025 is going to be an exciting year for the Shiba Inu community. So, are you a short-term or long-term Shiba Inu holder?