What is Shiba Inu? SHIB Price prediction and Analysis – 1 INR by 2030
Shiba Inu coin is the latest large cap MEMECOIN. If you are planning to buy SHIB token, it is better to do some research and check SHIB price prediction. Is Shiba a good long term hold? Let’s find out. Also we will learn how you can buy the SHIB coin, its price history.
The entire cryptocurrency market was shaken when a joke-influenced cryptocurrency outperformed the major crypto coins in the market. Shiba Inu is the name of a pet dog breed, and also the name of the cryptocurrency that caused havoc in the cryptosphere when it surpassed its competitors and gained a massive amount of attention among investors due to its bullish nature. Before we check the price prediction of Shiba Inu from 2021 to 2025, let us first learn about Shiba Inu.
What is Shiba Inu?
Shiba Inu is an Ethereum-based token that is the native token of the ShibaSwap platform. According to the white paper of SHIB, “it is an experiment in decentralized spontaneous community building”. Shiba Inu has the same theme as Dogecoin and they both share the same logo. The ERC-20 token is often called “Dogecoin Killer” in the crypto community.
Shiba Inu is a successful pet coin that has crypto analysts hooked up to its prices due to its high volatility and recent bullish nature. The meme coin has gained massive popularity, value and attention from crypto enthusiasts like Elon Musk and Vitalik Buterin.
Shiba Inu Details
Website | |
Token Ticker | SHIB |
Token Supply | 1,000,000,000,000,000 SHIB |
Current Supply | 394,796,000,000,000 SHIB |
Founder |
Anonymous person “Ryoshi”
|
Release Date | August 2020 |
Network | Ethereum |
Consensus Mechanism | Proof-of-Work |
Exchange | ShibaSwap |
Current Rank | #41 |
How to buy SHIB token?
You can buy SHIB with USD, USDT, BTC, alts or INR.
Buy SHIB with BTC, USD, USDT
You can buy SHIB with USD/USDT, altcoins and BTC from the following international exchanges:
Buy SHIB with USD | Register here |
Binance | Sign up here |
Huobi | Sign up here |
OKEx | Sign up here |
KuCoin | Sign up here |
Coinbase | Sign up here |
eToro | Sign up here |
FTX | Sign up here |
Tokocrypto | Sign up here |
Binance is the best exchange to trade SHIB with Bitcoin and altcoins.
Buy SHIB with INR
You can buy SHIB tokens with INR from the following Indian exchanges.
Buy SHIB
with INR |
Register Here |
Exchange | Sign Up |
WazirX | Sign up |
CoinDCX | Sign up |
Giottus | Sign up |
BitBNS | Sign up |
WazirX is the best Indian exchange to trade SHIB tokens.
SHIB Price History 2020
The Ethereum based Shiba Inu coin was launched in August 2020 under a pseudonym and anonymous name, “Ryoshi”. The initial price of SHIB during the time of its launch, i.e., 2nd August 2020 was $0.00000000051. Considering the popularity of meme-based coins in 2020, the original prices of SHIB were set very low. It was probably done to attract more consumers, but the crypto investors were too blinded by the popularity of DOGE in order to focus on any other joke-influenced coin.
The prices witnessed a generic fluctuation at the beginning of August and reached $0.000000000309 on August 5th, 2020. The prices kept fluctuating throughout the year, sometimes a generic rise followed by a massive fall and sometimes constant prices. The prices were recorded below $0.0000000001at the end of the year. This was certainly not good for the growth of the coin.
SHIB Price History 2021
2021 certainly proved to be a good year for SHIB. The prices started rising at the dawn of January and reached $0.00000001. The prices further increased and reached $0.0000037 in April, which was seen as the rise of the SHIB coin. A sudden increase in the prices were seen in May when it soared to $0.0000388 on May 10. This was the all time highest of The Shiba Inu Coin. The prices further fell down and are currently trading at $0.000008763 with a market cap of 0.2507.
Shiba Inu Price Prediction 2021
When | Maximum Price | Minimum Price |
August 2021 | $0.00001301 | $0.00000911 |
September 2021 | $0.0000152 | $0.0000127 |
October 2021 | $0.0000144 | $0.0000118 |
November 2021 | $0.0000165 | $0.0000138 |
December 2021 | $0.0000198 | $0.0000179 |
Shib Price Prediction 2022
When | Maximum Price | Minimum Price |
January 2022 | $0.00002584 | $0.00002082 |
February 2022 | $0.00003015 | $0.00002080 |
March 2022 | $0.000035144 | $0.00002636 |
April 2022 | $0.000038852 | $0.00003297 |
May 2022 | $0.000046760 | $0.0000358 |
June 2022 | $0.000043017 | $0.00003525 |
July 2022 | $0.00005235 | $0.0000420 |
August 2022 | $0.00004271 | $0.00003556 |
September 2022 | $0.00005748 | $0.00004334 |
October 2022 | $0.00006116 | $0.00004510 |
November 2022 | $0.00006950 | $0.00005564 |
December 2022 | $0.00007757 | $0.00007154 |
Shiba Inu Price Prediction 2023
When | Maximum Price | Minimum Price |
January 2023 | $0.0000735 | $0.00006316 |
February 2023 | $0.00008556 | $0.00006763 |
March 2023 | $0.00009265 | $0.0000969 |
April 2023 | $0.00012126 | $0.0001084 |
May 2023 | $0.00012466 | $0.000107 |
June 2023 | $0.00012861 | $0.00011305 |
July 2023 | $0.00013319 | $0.0001674 |
August 2023 | $0.00013534 | $0.0001072 |
September 2023 | $0.00013944 | $0.0001003 |
October 2023 | $0.00013833 | $0.0001031 |
November 2023 | $0.00014123 | $0.00012582 |
December 2023 | $0.00013853 | $0.00012010 |
Shib Price Prediction 2024
When | Maximum Price | Minimum Price |
January 2024 | $0.00018335 | $0.0001599 |
February 2024 | $0.0002132 | $0.0001922 |
March 2024 | $0.0002427 | $0.0002065 |
April 2024 | $0.0002789 | $0.0002650 |
May 2024 | $0.0003074 | $0.0002440 |
June 2024 | $0.0002624 | $0.0002050 |
July 2024 | $0.0002736 | $0.0002204 |
August 2024 | $0.0002557 | $0.0001998 |
September 2024 | $0.0002312 | $0.0002010 |
October 2024 | $0.0002161 | $0.0001688 |
November 2024 | $0.0002552 | $0.0001815 |
December 2024 | $0.0002813 | $0.0002105 |
Shiba Inu Price Prediction 2025
When | Maximum Price | Minimum Price |
January 2025 | $0.0003031 | $0.0002442 |
February 2025 | $0.0002833 | $0.0002432 |
March 2025 | $0.0003245 | $0.0002615 |
April 2025 | $0.0003764 | $0.0003033 |
May 2025 | $0.0004183 | $0.0003518 |
June 2025 | $0.0004851 | $0.0003909 |
July 2025 | $0.0005627 | $0.0004534 |
August 2025 | $0.0005259 | $0.0004402 |
September 2025 | $0.0005874 | $0.0004733 |
October 2025 | $0.0005943 | $0.0005200 |
November 2025 | $0.0006137 | $0.0005432 |
December 2025 | $0.0006534 | $0.0005600 |
Forecast Shib Price Prediction in INR: 2021 to 2030
Shiba Prediction by 2021 in INR: Shiba Inu is predicted to touch ?0.001833 by the end of 2021.
Shiba Price 2022 Prediction in INR: Shiba Inu is predicted to touch ?0.004433 by the end of 2022.
Shiba 2023 Price Prediction in INR: Shib is predicted to touch ?0.01293 by the end of 2023.
Shiba 2024 Price Forecast in INR: Shib Coin is predicted to touch ?0.02063 by the end of 2024.
Shiba Prediction by 2025 in INR: Shiba Inu is predicted to touch ?0.045 by the end of 2025.
Shiba Price Prediction 2030 in INR: Shiba Inu is predicted to touch ?1 by the end of 2030.
FAQ : Shiba Inu Price Prediction
Will Shibu reach $1?
The Market Realist Portal has reported, “If the Shiba Inu token maintains its current level of growth, it will be able to reach a value of $1 by the end of 2025. But a more realistic forecast suggests that if it grows at a rate of 20% per month, it will take about ten years to reach $1, which indicates a deadline of no earlier than 2030”
Is Shibu Inu a good investment in 2021?
Yes, Shibu Inu is considered a rational investment in 2021. The crypto analysts are bullish on the prices and are expecting it to be a big boom in the upcoming years. The “Dogecoin Killer” might actually overpower the popularity of DOGE.
Why is SHIB so cheap?
SHIB is a memecoin and follows the footsteps of Dogecoin generally. The prices of Dogecoin are low and hence all the coins which follow DOGE generally start with low prices. Another reason for SHIB being so cheap is to attract customers to buy the coin without having to make a huge investment.
What is the Shiba Inu price prediction for 2030?
It is difficult to make such long term forecasts about a crypto coin which has seen massive volatility in the past few months. But, the maximum that Shibu Inu can reach is $1 and the minimum value of Shibu Inu in 2030 can be around $0.004.
Is Shibu Coin a scam?
NO, The coin might be based on a joke and has the logo of a pet dog, but the coin is surely not a scam. The coin is safe, secured and can be traded on many exchange platforms.
Will Shibu reach 100 INR in future?
100 INR is around 1.5 USD. It looks really impossible for Shib to reach 100 INR in near future.
When will SHIB touch 1 cent?
Shib token is expected to touch 1 cent by 2032.
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Is Shibu Inu a Good Investment in 2021 for a long term?
There is always a long list of factors that you should consider before making an investment in any crypto coin. The same goes with Shibu Inu. The coin is new to the market and has left some investors baffled about its legitimacy.
The present result shows that Shibu Inu is one of the fastest growing crypto coins in the crypto sphere. The coin is soaring in the crypto market because it is safe and is backed up by the Ethereum blockchain. It is supported by notable personalities including Elon Musk, Vitalik Buterin, and Mark Cuban. The coin has also reached an impressive market capitalization in a very short period of time. Another reason to invest in the coin is that it is available on the most reliable exchanges, it requires very low trading fees and has a high liquidity ratio.
But, the fact that any coin in the crypto market comes with high risk cannot be ignored. The sudden hike in the prices got some investors to speculate about the new coin. On the other hand, some investors are put off by the fact that the Shiba Inu Coin is not mined. The concerns about Shiba’s future has also surrounded the market since the ERC-20 tokens might very soon become obsolete.
Our final take on Shiba Inu is that it is a coin which involves high risk and the investment in the coin would not be worth it if there is no sure future. If you want to get into crypto, there are plenty of altcoins in the market. Some of these altcoins have high value and a great potential for growth. But if you like a pet dog and are attracted to low prices, you can go for Shibu Investment. Make sure to DYOR and start by investing small amounts.
Disclosure: The prices mentioned in the article ‘What is Shiba Inu? SHIB Price prediction and Analysis – 1 INR by 2030‘ is generated with an AI tool. Please do not consider them as a final price. DYOR before investing.
Text source: Crypto Bulls Club