With the market taking a dynamic shift, meme coins are crashing under multiple supports, signaling a potential downfall on the horizon. Key players in the meme coin space, like Shiba Inu, are currently positioned at the threshold of a trend reversal, with minimal recovery chances.
As the trend gains momentum, the crucial levels are shining as areas of interest for buying the dips. Moreover, with multiple bullish events lined up in 2024 that are highly likely to boost the crypto market, holding meme coins can prove profitable.
The ongoing price action brings us to the burning questions on every SHIB enthusiast’s mind: “Will Shiba Inu (SHIB) reach 1 cent?” or “Will Shiba Inu go up?” or “Is Shiba Inu a good investment?”
Furthermore, we’ve crafted a comprehensive Shiba Inu price prediction for 2024-2025 to address these pressing queries.
Shiba Inu Coin Price Prediction May 2024
SHIB experiences a bullish reversal from the $0.00002107 support level, challenging the overhead resistance trendline. As the meme coin recovers from the broader market dip, the increased demand is ready for a breakout rally.
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With the triangle breakout rally, the SHIB price could reach the $0.00004567 level. On the flip side, a reversal from the trendline could put the 200D EMA at risk.
SHIB Price Prediction 2024
Currently, Shiba Inu’s price is in a heavily pressured correction phase, and the buyers are struggling to regain control of the market recovery. Breaking the long-term resistance trendline, the SHIB price fails to sustain the breakout rally, resulting in a downfall under $0.000010.
Remarkably, the Shiba Inu price trend breaks the streak of lower high formations with a double bottom formation, but the sellers are back in the game.
Shiba Inu (SHIB) has had a challenging start to 2024, but the ongoing struggle at the trendline will be pivotal for the 2024 Shiba Inu price trend.
If the price can continue to rise above $0.00003682, it could possibly reach the target of $0.00006697 in 2024. Yet, if the SHIB price reverses, it undoubtedly could drop to $0.000010. Overall, the outlook for SHIB is positive, although there is still some risk of a decline.
| Shiba Inu Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2024 | 0.000010 | 0.00003845 | 0.00006697 |
Shiba Inu Coin Price Prediction 2025
The price of SHIB could reach $0.00003965 if the developers’ visionary developments come to fruition and Shiba Inu becomes a major player in the metaverse. However, if the community drives the price with typical buying and selling pressures, SHIB could trade at an average price of $0.000035215.
On the other hand, if investors fail to keep up with the liquidity of the digital asset on exchanges, FUD and negative sentiments could lower the price to $0.00003078.
| Shiba Inu Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2025 | 0.00003078 | 0.000035215 | 0.00003965 |
Shiba Inu Coin Price Prediction 2026 – 2030
| SHIB Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2026 | 0.0000509 | 0.0000565 | 0.0000621 |
| 2027 | 0.0000611 | 0.0000645 | 0.0000698 |
| 2028 | 0.0000845 | 0.0000880 | 0.0000915 |
| 2029 | 0.0000981 | 0.000113 | 0.000129 |
| 2030 | 0.000115 | 0.000155 | 0.000195 |
Shiba Inu Price Prediction 2026:
Initially, the Price Prediction for 2026 suggests prices will range from 0.00005188 to 0.00006392, settling at an average of roughly 0.0000579.
Shiba Inu Price Prediction 2027:
Subsequently, Shiba Inu 2027 Prediction indicates the price might oscillate between 0.00007925 to 0.00009784, averaging notably at approximately 0.000088545.
Shiba Inu Price Prediction 2028:
Furthermore, the SHIB Price Prediction 2028 projects values between 0.00010662 to 0.0001253, converging around an average of 0.00011596.
SHIB Coin Price Prediction 2029:
Then, by 2029, our SHIB Price Prediction envisions the coin’s value to lie between 0.00013399 to 0.00017039, with a centered average of about 0.00015219.
SHIB Coin Price Prediction 2030:
Lastly, approaching 2030, the SHIB price prediction foresees prices fluctuating between 0.00016136 to 0.0001958, culminating at an average estimate of roughly 0.00017858.
Shiba Inu Price Prediction 2024 – 2030
CoinPedia’s Shiba Inu Price Prediction
Undeniably, the Shiba Inu price prediction reveals it’s down over 88% from its ATH of $0.00008854. Therefore, many are questioning, is Shiba Inu dead?
However, as highlighted in our SHIB Price Prediction above, CoinPedia’s insight into Shiba Inu’s future remains bullish. Surprisingly, with the $0.00001196 breakout, SHIB might soar to promising highs of $0.00002026 by the end of 2023.
Conversely, on the downside, if this meme coin dives below the trendline, SHIB prices could plummet to a mere $0.00000750.
Additionally, we anticipate the SHIB price to carve a new pinnacle, reaching $0.00002026 by 2024.
| Price Prediction | Potential Low ($) | Potential Average Price ($) | Potential High ($) |
| 2024 | 0.0000075 | 0.00001875 | 0.00002026 |
Market Analysis
| Firm Name | Shiba Inu Price Prediction 2024 | Shiba Inu Price Prediction 2025 |
| CoinCodex | $0.00006038 | $0.00002762 |
| Gov.Capital | $0.000054051. | $0.0001058 |
| DigitalCoinPrice | $0.0000291 | $0.0000281 |
Shiba Inu Historical Market Sentiments
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