Shiba Inu Coin price prediction 2022 and beyond

Shiba Inu is a ‘meme’ cryptocurrency that rose to prominence in 2021, following in the footsteps of similar projects like Dogecoin. This Shiba Inu price prediction page takes a look at the coin’s future prospects to help you decide whether to invest.
Updated: May 7, 2022

Shiba Inu price predictions

The table below includes a range of predictions on the future of SHIB. These are made up of a series of expert forecasts along with our own analysis, which combine to give an average for each year.

YearAverage price prediction
An average of expert opinion on the future price of Shiba Inu, updated October 2022

Where can I trade Shiba Inu?

You can trade using any of the brokers in the below. These platforms are ideal for beginners, regardless of how Shiba Inu is performing, because they offer the opportunity to both go long and short a coin. You can get started in just a few minutes by clicking one of the links in the table.

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Shiba Inu price prediction 2022

What will Shiba Inu Be worth in 2022? By looking at an average of previous price rises we reach a prediction of $0.00013 in 2022. This figure comes from an average of its two previous increases to all time highs, which gives us a 250% increase in 2022.

Shiba Inu price prediction 2023

What will Shiba Inu Be worth in 2023? The Shiba Inu coin price could head towards $0.0003 by 2023. This relies on the continued growth in popularity of the coin, as well as it maintaining its place as one of the best known meme coins around.

Shiba Inu price prediction 2024

What will Shiba Inu Be worth in 2024? Longer term predictions have the price between $0.0002 and $0.0004 by 2024. The large variation, and relatively few forecasts, reflect the uncertainty over its future potential.

Shiba Inu price prediction 2025

What will Shiba Inu Be worth in 2025? Each coin would be worth roughly $0.0004 by 2025, if we base the prediction on the price trending in the same way as it has up to now. It should be noted, however, that it is extremely difficult to make a long term prediction about Shiba Inu. It’s new and volatile, and there are no higher technical levels that we can use as a basis point. 

Shiba Inu price prediction 2030

What will Shiba Inu Be worth in 2030? If Shiba were to follow the trajectory of Dogecoin it could be worth more than $0.002 by 2030. However, it is difficult to see a Shiba price much beyond that level because of its lack of obvious use cases.

What affects the price of Shib?

Many different things play into its value but hype is one of the most important. Below is a list of the leading factors that tend to affect the Shiba Inu price.

  • Hype. Shiba Inu regularly sees spikes of more than 100% in a few hours, based almost entirely on small pieces of ‘news’ that are turned into market events. These price changes are driven by social media, particularly Twitter, and are often inspired by any hint of news about a project development, such as the release of a decentralised exchange.
  • Supply. The total number of SHIB coins in circulation is over 500 trillion. This huge oversupply effectively puts a limit on the price of each coin, as a value of even $0.01 per coin would mean a large percentage of the total global money supply was invested in Shiba Inu, which is theoretically possible, but unlikely.
  • Other ‘meme’ coins. Shiba Inu is known as the ‘Dogecoin killer’ because its rise threatened the popularity of the original meme coin. It offers many of the same benefits and so an increase in Shiba causes a fall in price of Doge, and vice-versa.
  • Support and resistance levels. Support and resistance are key technical indicators that suggest there are a lot of buyers or sellers at a particular price point. The price often tends to consolidate or rebound around these numbers.

Key levels to watch

Two key levels of support and resistance look to be $0.000035 and $0.000075. As Shiba is so young, it is more difficult to pick out levels to watch but often they appear at round numbers, where lots of people place orders to buy or sell. It’s very possible that $0.0001 is a significant example.

SHIB price history

The majority of SHIB’s growth came in October 2021 where its price skyrocketed in excess of 1000% in just a few days. Since then, its experienced a slow fall and has found support at around 0.000020. In its brief history it has proven to be one of the most volatile coins with lots of swings in its price, however since the late part of 2021 and early 2022, its trend has followed a downward slope.

Source: TradingView

Is SHIB a good long-term investment?

It’s more ideally suited to a short term trading strategy than as something to invest in for the long term. It’s possible that by releasing its own decentralised exchange (DEX), the coin becomes more valuable, but one of its features is the lack of a fundamental or unique idea behind it that could generate long term value.

It’s difficult to predict a scenario where the coin is worth a significant amount of money in the future. However, it is very popular and lots of volume is traded every day, which means there are ample opportunities to trade it and to try to make a profit that way instead. Read our tutorial to buy SHIB if you want to learn more.

Key takeaways

Shiba Inu’s price is difficult to predict because it’s deliberately volatile and does not have as many uses as other cryptocurrencies. The existing forecasts expect a general increase for the next few years but it seems unlikely that the price could ever reach $0.01 or more. 

It might be better suited to a short-term trading strategy and you can get started by clicking the button below. It’s important to follow the latest news closely and look for any updates that might cause a dramatic shift in price. You can do that using the links at the bottom of the page.

What will Shiba Inu be worth 2022?
Will SHIB reach all time highs this year?
Can Shiba Inu reach $1?
What will SHIB be worth in 2030?
Should I buy Shiba Inu now?

Recent Shiba Inu news

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Latest Shiba Inu price analysis

Sources & references
Risk disclaimer

Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >

James Knight
Editor of Education
James is a lead content editor for Invezz. He's an avid trader and golfer, who spends an inordinate amount of time watching Leicester City and the… read more.