bitcoin
bitcoin

$93589.878995 USD

-1.88%

ethereum
ethereum

$3283.418134 USD

-0.25%

tether
tether

$0.998695 USD

-0.05%

xrp
xrp

$2.152967 USD

-3.09%

bnb
bnb

$674.097421 USD

3.17%

solana
solana

$183.155384 USD

1.45%

dogecoin
dogecoin

$0.306414 USD

-1.60%

usd-coin
usd-coin

$0.999726 USD

-0.03%

cardano
cardano

$0.869026 USD

-1.70%

tron
tron

$0.247917 USD

1.10%

avalanche
avalanche

$35.752618 USD

-3.18%

chainlink
chainlink

$22.202999 USD

1.85%

toncoin
toncoin

$5.388516 USD

0.51%

shiba-inu
shiba-inu

$0.000021 USD

-0.72%

sui
sui

$4.135294 USD

-2.67%

Cryptocurrency News Articles

Shiba Inu (SHIB) Price Prediction – What is Coming for SHIB Price in 2025 and Beyond?

Dec 23, 2024 at 04:24 pm

The Shiba Inu ecosystem no longer represents a singular meme coin; multiple meme projects, as well as games, are emerging from the ecosystem.

Shiba Inu (SHIB) Price Prediction – What is Coming for SHIB Price in 2025 and Beyond?

Bitcoin’s failure to maintain the $100k crucial support level brought about fears of another crypto crash. However, despite the total meme coin market cap inching towards the $100 billion mark lately, the market has shown signs of recovery.

Shiba Inu, the world’s second-largest meme coin by market capitalization, experienced a 2% drop in the month-end chart, with 17% in the last seven days. Will it be able to overcome the current bearish scenario and increase in value in 2025?

Shiba Inu Drops 28% Before Recovery

The SHIB price faced a sharp decline, losing the rising channel it had established from September 2024. The meme coin dropped by 26% from its recent high before bulls engineered a panic rally for the token, painting a couple of green candles on TradingView.

It is currently trading around the $0.000024 level, and the meme coin’s market cap is around $13.8 billion. The recent momentum shows signs of recovery. However, it is too soon to tell whether the crypto will maintain its upward momentum.

Shiba Inu Price Prediction – What Is Coming For SHIB Price In 2025 And Beyond?

The Shiba Inu ecosystem no longer represents a singular meme coin; multiple meme projects, as well as games, are emerging from the ecosystem. By all accounts, the project is close to shedding its memetic appeal and becoming a full-blown utility crypto. These factors will be crucial in driving the Shiba Inu price in 2025 and beyond.

2025

Shiba Inu’s performance in 2025 will depend on the developments that emerge from its ecosystem as well as broader market conditions. With so many new tokens emerging from the ecosystem, including the recently introduced Shifu, the SHIB price could move up in value.

If the current rally holds up long enough for SHIB to reclaim $0.00003, that would signal to the community that the market has recovered, which could lead to the token moving further up. Simply put, it will push the token’s price back into the rising channel, making it possible for Shiba Inu to trade around the $0.00005 level.

However, if the market scenario is bearish, and Bitcoin fails to establish a new all-time high, the SHIB price could drop to $0.000015.

2026 – 2030

For the long-term price forecast, we have to look at the week-based charts for SHIB on TradingView.

As this chart shows, a converging triangle pattern is emerging, and the apex will be reached at some point. Then, depending on the Shiba Inu’s emerging use cases and broader market conditions, there will be a breakout.

If the market conditions are positive, it is possible that SHIB could make a move to reclaim its all-time high achieved near the end of 2026. If not, the value can potentially drop. Our conservative estimate is that the SHIB price will be able to reach $0.0001 by the end of 2026. By 2030, it is likely that Shiba Inu will become a full-fledged utility crypto. It is possible that the token won’t be counted among meme coins.

News source:en.cryptonomist.ch

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Dec 23, 2024