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Will It Happen Before 2030?

July 12, 2024
in Altcoin
Reading Time: 6 mins read
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Will It Happen Before 2030?
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Shiba Inu investors are hoping for a bullish period. As the crypto market changes, many wonder if SHIB can reach the goal of $0.01 before 2030. Check out the details below!

Also Read: Shiba Inu: Forbes Updates Its Price Prediction For SHIB

The Best Predictions for Shiba Inu’s Future

Shiba Inu

Short-term Outlook

SHIB price predictions short termSHIB price predictions short term

After checking the market, it seems that Shiba Inu’s future is a bit shaky, with the following predictions:

  • 5-day: Increase to $0.00003562
  • 1 to 6 months: From $0.00001553 to $0.00001454

Long-term Projections

SHIB price predictions long termSHIB price predictions long term

Things are looking up in the one-year and 2025 predictions. By 2025, SHIB should reach $0.00001808, which amounts to an 11.39% increase. Unfortunately, that’s not enough to reach its target.

Also Read: When Will Shiba Inu Breach 5 Cents ($0.05)?

2025-2030 Forecast

Long-term projections for Shiba Inu paint a picture of gradual growth:

  • 2025: $0.00001356 to $0.00007023
  • 2026: $0.00001519 to $0.00003193
  • 2027: $0.00001415 to $0.00002099
  • 2028: $0.00001430 to $0.00004668
  • 2029: $0.00001589 to $0.00156
  • 2030: $0.00001991 to $0.00006141

Even though these projections show some change in growth, they still can’t reach the $0.01 target.

Technical Analysis

Current technical indicators suggest a bearish sentiment for SHIB. The Fear & Greed Index stands at 25, indicating “Extreme Fear” in the market.

When looking at the technical analysis, we can see a 73% chance for bearish trends, and only 27% bullish signals.

Also Read: SHIB Gets 1st Public Company in US to Accept SHIB for Payments

SHIB has grown since the launch, but reaching $0.01 before 2030 remains impossible. The highest price estimate by 2030 is $0.00006141, which is still far from the $0.01 mark.

Credit: Source link

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