• Shiba Inu (SHIB) price prediction for 2023 is between $0.00001075 to $0.00001395 with a bearish prediction of $0.00000641.
• SHIB was launched on the Ethereum blockchain and also resides on the Binance Smart Chain (BSC).
• Technical analysis suggest that SHIB might reach a high of $0.00005 in the near future.
Introduction
This article provides a Shiba Inu (SHIB) price prediction 2023, 2024-2030 based on accurate trader-friendly technical analysis indicators and predictions of the future movement of this cryptocurrency.
Shiba Inu (SHIB) Current Market Status
Shiba Inu (SHIB) currently ranks 14th on CoinMarketCap in terms of its market capitalization with a current price of $0.00001056, 24 hour price change of 0.82%, 24 hour trading volume of $393,056,733, a market cap value of $6,223,275,167 and circulating supply of 589,346,914,631,298 SHIB tokens. The all-time high for SHIB is at $0.00008845 and all time low at $0.00000000008165 both recorded on Oct 28 2021 and Sep 01 2020 respectively.
What is Shiba Inu?
Shiba Inu (SHIB) was developed and launched in 2020 by a pseudonymous founder Ryoshi as a potential contender to the largest memecoin – Dogecoin (DOGE). It exists as an Ethereum token running on the Binance Smart Chain protocol and also has its layer 2 blockchain called Shibarium which is expected to launch by 2023 along with other tokens such as Bone ShibaSwap(BONE) and Doge Killer(LEASH).
Shiba Inu Price Prediction 2023
Based on technical analysis using RVOL MA RSI ADX RVI indicators it is predicted that Shiba Inu might reach a high of 0.$000005 in the near future while compared with BTC and ETH it follows similar patterns but has higher fluctuations due to its small market cap value..
Shibainu Price Prediction 2024-2030
For predicting prices between 2024 to 2030 we analyze various factors such as scalability potential , adoption rate etc . It can be concluded that if shibainu continues gaining popularity then there’s no doubt it will reach new highs beyond 2030 but this is highly dependent upon how well it performs against other cryptocurrencies like bitcoin , etherium etc .