Shiba Inu (SHIB) has seen ample success in its four-year history. In just a year after its debut, SHIB hit an all-time high of $0.00008616, rallying by many million percent from its 2020 price levels. Since its 2021 peak, SHIB’s price has struggled to regain the same momentum, falling by over 77% from its all-time high.
According to the analysts at Finder, SHIB will rise to only $0.000025 in 2025, a rise of about 27.5% from current levels. The platform also predicts SHIB to hit $0.000045 in 2030, a 129.5% rally from current levels. These figures may seem disappointing to many SHIB fans and investors, as the asset has historically rallied far more than this.
Also Read: Shiba Inu: You Could Have Made $11 Million By Investing Just $62
The Finder report quotes Dimitrios Salampasis, Senior Lecturer for Emerging Technologies and FinTech at Swinburne University of Technology. Salampasis states, “The Shiba Inu Coin is a meme-inspired cryptocurrency lacking a specific purpose or use case. It does not solve any problem, and it does not provide any unique functionalities. Shiba Inu Coin’s value is solely driven by speculative trading and social media trends.“
Can Shiba Inu rise higher than $0.000045 by 2030?
While Finder paints a rather bearish outlook for SHIB, other platforms are more bullish on the memecoin.
According to Changelly, SHIB will hit the $0.00004 level in July itself. The platform anticipates SHIB to hit $0.00004170 on July 21, 2024. Changelly also anticipates SHIB to hit a maximum price of $0.0000380 in 2025. As for 2030, the platform predicts the dog-themed asset to reach a maximum price of $0.000253.
Also Read: Shiba Inu (SHIB) Predicted To Hit $0.00004: Here’s When
Telegaon also paints a bullish picture for SHIB over the next few years. According to Telegaon analysts, SHIB will hit a maximum price of $0.0000728 in 2025, and a maximum price of $0.000712 in 2030.
Credit: Source link
