blockchainreporter
  • News
    • Altcoins
    • Bitcoin
    • Blockchain
    • Ethereum
    • Adoption
    • NFT
    • DeFi
    • Metaverse
  • Education
  • Glossary
  • Advertise
No Result
View All Result
BET NOW
blockchainreporter
  • News
    • Altcoins
    • Bitcoin
    • Blockchain
    • Ethereum
    • Adoption
    • NFT
    • DeFi
    • Metaverse
  • Education
  • Glossary
  • Advertise
No Result
View All Result
blockchainreporter
BET NOW
No Result
View All Result
Bitcoin
BTC
1d:
7d:
Ethereum
ETH
1d:
7d:
Polkadot
DOT
1d:
7d:
Solana
SOL
1d:
7d:
Ripple
XRP
1d:
7d:
Shiba INU
SHIB
1d:
7d:

SHIBA INU (SHIB) 2022 Price Prediction

Max Clark by Max Clark
May 15, 2022 - 5:45 pm
in altcoins news, Market
0
Shiba Inu Price Prediction 2030
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

SHIBA INU 2022 price prediction: is this the end of SHIBA INU (SHIB) token or just a beginning of a bright future ahead ?

2020 was a profitable year for meme coins and quite a number of new crypto millionaires were made, majorly those that invested in the SHIBA INU token. The acclaimed Dogecoin (DOGE) mutilator, has grown into a stable and dependable project with practical use cases so far. Only witnessing short term corrections through 2021, the SHIBA INU token has been experiencing the bullish season since its inception. But, in recent seasons, the bearish atmosphere across the crypto web gives many people worry as if they should buy more of SHIBs or to HODL their current stash.

A lot of interested folks would love to know what the future holds for the SHIB token price in 2022 and in the coming half five years.

SHIBA INU Price Prediction 2022

Since its inception, the SHIB coin has been going higher and setting higher lows. An upsurge in the selling pressure since a total breakdown of the bearish closing inside bar support (0.00003562) on 1st December, 2021 definitely suggests a start of the current correction wave. However, the widely known meme coins will most likely find support within the $0.00000943 and $0.00000507 support region as buyers have already begun to build up positions within the price zone.

Experts Analysis On SHIBA INU Coin Future Price

The major competitor of the Shiba Inu token is Dogecoin. Both of them are digital assets and virtual exchange currencies which are accepted as payment by some famous organizations around the world. Though they both have their similarities, there are some disparities between them. Separate from the difference in their year of launch, Dogecoin was launched in 2013 while Shiba Inu was created in 2020, Dogecoin has a total market value which is approximately $12 billion at press time while Shiba Inu has about $7.3 billion market capitalization.

Market Predictions For The SHIBA

Shiba Inu token has experienced a geometric growth of over 300% within a month in October 2021. This whooping pump made it outgrow its major competitor—Dogecoin which was still struggling with its growth back then and even now. Research suggests that the SHIB coin was one of the most traded coins by traders in October 2021 with almost the same amount of trading amount as Ethereum.

CoinArbitrageBot Experts Prediction

Going by the SHIB/USDT historical price, the coinarbitragebot experts predict a $0.000027 SHIB by the end of 2022, and three years projected price at $0.000159 with a lowest three-year price at $0.00000486.Furthermore, the prediction platform projects $0.000044 for the price of SHIB by the end of 2023, $0.000071 as the closing price of 2024, and $0.000115 as the closing price for 2025.

Basic SHIBA INU Analysis

The Token was initially designed to be a digital exchange currency that is to directly compete with Dogecoin. That’s why it was attributed the “Dogecoin killer”. Shiba Inu and Dogecoin are both categorized as Memecoins. Going by recent research, On token distribution, 50% out of the 1 quadrillion token was locked in Uniswap by Ryoshi which has now become the full time base of SHIB liquidity. The remaining 50% was transferred to Vitalik Buterin.

Tags: CryptoCryptocurrencyEthereumSHIBShibaInu
ShareTweet
Max Clark

Max Clark

Max Clark is a content writer specialising in the cryptocurrency space. He is very enthusiastic about altcoins, NFTs, and the Metaverse. Max is convinced that the network is capable of replacing the existing global monetary system and granting financial independence to billions of people all over the world. Max loves to go on adventures, play sports, and read books when he has free time outside of work. He has also worked in the financial industry before, so he knows how the world's banking system works and how to deal with clients in the tech and finance industries.

Recommended For You

Reliance Power Share Price Future Prediction 2025: Will RPOWER Stock Reach ₹100 In 2023?

by Shayan Chowdhury
June 6, 2023 - 3:30 pm
0
Reliance Power Share Price Future Prediction 2025

Our Reliance power share price future prediction 2025 aims to dive deeper into RPOWER stock’s future potential and current market conditions. 

Read more

SEC Takes Legal Action Against Binance and CEO Changpeng Zhao: What Led to the Lawsuit?

by Mushu Butt
June 6, 2023 - 10:40 am
0
SEC

SEC sues Binance for securities law violations, fund diversion, and internal conflicts. Huge withdrawals follow as regulatory scrutiny intensifies.

Read more

Uwerx(WERX) Could Be a Contender to Chainlink(LINK) and Polkadot(DOT)

by Josh Fernandez
June 6, 2023 - 9:16 am
0

Discover Uwerx, the new crypto project with the aim of transforming the freelance industry, and how it aims to outdo Polkadot(DOT) and Chainlink(LINK).

Read more

Markets Dip Ahead of Binance Wrangle with SEC

by Kester Odero
June 6, 2023 - 8:26 am
0
binance bnb

Today's market session has been rather bearish as markets dip ahead of a CFTC complaint issued on Binance that might have sparked some FUD.

Read more

The Pros and Cons of Online Casinos: Debunking Myths and Uncovering Truths

by Mushu Butt
June 5, 2023 - 8:24 pm
0
casino

Uncover the truth about the best USA online casinos as we debunk myths and explore the pros and cons of online casinos. Enhance your experience today!

Read more
Next Post
Biden Signs Order Bullish On Crypto - Digital Dollar

How To Buy Crypto: Best Exchanges and Investing Tips

PARTNERS LIST

  • sp
  • Coingecko

PRESS RELEASE

BJaoVqYT

BinaryX and AiGC Labs Developing First AI-Powered Virtual Reality Game on the Metaverse

by Chainwire
June 7, 2023 - 4:06 am
0

Singapore, Singapore, June 7th, 2023, ChainwireBinaryX today announced their plans to expand into Virtual Reality (VR) and Artificial Intelligence Game...

CatalystiuGIbVuck

CoinMarketCap Web3 Conference “Catalyst” Early-Bird Registration Now Open

by Chainwire
June 6, 2023 - 4:48 pm
0

London, United Kingdom, June 6th, 2023, ChainwireCoinMarketCap’s flagship Web3 conference "Catalyst" has opened early-bird registration. The conference will take place...

blockchain wave conference

Blockchain Wave 2023

by Max Clark
June 6, 2023 - 2:47 pm
0

Blockchain Wave 2023: Join us in Antalya, Turkey for the biggest annual blockchain summit, featuring industry-leading speakers, and innovative startups.

photox

Coinbase and OpenSea Struggle to Keep up with HedgeUp (HDUP) Asset Backed NFT Platform

by Max Clark
June 6, 2023 - 12:29 pm
0

Explore HedgeUp's (HDUP) innovative asset-backed NFT platform that's reshaping digital assets and challenging leaders like Coinbase and Opensea.

n

BlockchainReporter is a trusted name in the cryptocurrency and blockchain technology news space, keeping its readers abreast of the latest and most significant trends in the industry.

Here at BlockchainReporter, our team of global writers is dedicated to providing price analysis on leading cryptocurrencies and covering the latest developments pertaining to bitcoin news, altcoins news, blockchain news, NFT news and cryptocurrency adoption news from around the world.

News

  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • Adoption
  • NFT
  • DeFi
  • Metaverse

Info

  • Education
  • Glossary
  • Market
  • Press Release

Company

  • About Us
  • Terms & Conditions
  • Advertise
  • Sitemap
  • Contact

@2022 – Blockchainreporter.net. All Right Reserved.

No Result
View All Result
  • News
    • Altcoins
    • Bitcoin
    • Blockchain
    • Ethereum
    • Adoption
    • NFT
    • DeFi
    • Metaverse
  • Education
  • Glossary
  • Advertise