How High Can Shiba Inu Go: An Analysis





How High Can Shiba Inu Go: An Analysis

How High Can Shiba Inu Go: Price Prediction Shiba Inu: A detailed Analysis About Future of Shiba Inu

Shiba Inu’s all-time high was back in October 2021 when SHIB breached $0.000080 and was almost on the verge of breaching $0.000090. But since then SHIB’s price has retreated and now SHIB is almost on the verge of going below $0.000010. Shiba Inu is down nearly 80% since its all-time high.

Current Price of Shiba Inu

Future Price Prediction Shiba Inu

Shiba Inu Price Prediction 1 Cent

Price as of July 28th $0.000011
How many times will the price have to rise to become 1 cent? 1000
Market Cap as of July 27th $6.18 B
How much is 1000 times $6.18 B? $6.18 Trillion
If Shib were to rise 20% a year, how many years will it take to reach 1 cent? 38 Years
If Shib were to rise 30% a year and also Burn 50% of the Coins 19 years

Shiba Inu Price Prediction $1

Price as of July 28th $0.000011
How many times will the price have to rise to become $1? 88,183
Market Cap as of July 28th $6.18 B
How much is 88,183 times $6.18 B? $549 Trillion
If SHIB were to rise 30% a year, how many years will it take to reach $1? 44 Years
If SHIB were to rise 30% a year and also Burn 50% of the Coins 22 Years

How High Can Shiba Inu Go: 50 Cents Prediction

Price as of July 28th $0.000011
How many times will the price have to rise to become $0.50? 46,000
Market Cap as of July 28th $6.8 B
How much is 46,000 times $6.8 B? $460 Trillion
If SHIB were to rise 20% per year, how many years to reach 50 cents? 47 years
If SHIB were to rise 20% per year, plus 50% burn 23.5 years

How High Can Shiba Inu Go In 2022: Analysts’ Prediction

  • PricePrediction.net sees SHIB hitting $0.00001501 by the end of 2022. By 2030, the platform predicts the price of Shib to hit a maximum of $0.000356.
  • Wallet Investor believes SHIB may rise to a maximum of $0.0000192 in 2022. It is admittedly optimistic about the price of SHIB in 2030. The platform predicts the price of SHIB to reach $0.0000340 in 2025.
  • CoinPrice Forecast is not very optimistic regarding the rise of Shiba Inu in 2022. As per them, the maximum price that SHIB could attain in 2022 is $0.0000115 while in 2030 as per the platform, the maximum price of SHIB could be $0.0000313.

How High Can Shiba Inu Go: Price Prediction Shiba Inu: Factors That Could Influence the Rise of Shiba Inu

  1. Massive Rise In Price Of Shib: Shiba Inu lost its momentum after it hit its all-time high in October 2021. Shiba investors need to back the token the way they had back in October 2021. If so happens, there will be a quick rise in the price of Shiba Inu.
  2. Role of Whales: In most of the cryptos, price rise has been influenced by the market condition. But in the case of Shib, it has been noticed that Whales have played a key role in determining the price of Shib. The Shib Whales need to once again help in determining the positive momentum of Shib as they had done in the past.
  3. Increase in the Long Term Holders: Shiba Inu holders have massively short-term holders. In the case of Bitcoin, over 60% of the holders have been in possession of BTC for over 1 year. But the scenario for Shib is completely different. Less than 20% of the holders are 1 year or more than a year old.
  4. Shib Burn: The supply of Shib tokens has been the main concern. There are 589,735,030,408,323 circulating supplies of Shib as of now. We estimated that 99.9999% of Shib token needs to be burnt to reach $1. Therefore, for SHIB to reach $0.50, a minimum of 50% of the SHIB token needs to burn.

How High Can Shiba Inu Go: Video Analysis

YouTube video

Read: Shiba Inu Price Prediction: Will Shiba Inu DOUBLE this year?



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