The Shib community is one of the most well-organized communities in the cryptocurrency market that drives cryptocurrency towards providing more value to users and not remaining a meme coin. A large area for the community is given that in the year 2021, Shiba Inu had increased 60 times in 6 months, Can Shiba Inu reach 1 cent?
- Shiba Inu has lost about 26% of its value in the last 30 days.
- As for Shibarium, Shiba Inu has released an update, consulting work is underway regarding the 4th alpha and successful testnet, Shiba Inu plans to release it in the fourth quarter.
- Despite all developments, the price of Shiba Inu is slipping negatively with the possibility of adding another zero to its price.
Can Shiba Inu reach 1 cent? When will Shiba Inu reach 1 cent?
|If Shib were to increase by 30% per year||27 Years|
|If Shib were to increase by 30% per year and burn even 50% of the coins||13.5 years|
Can Shiba Inu reach 1 cent?
Yes, the price of Shiba Inu can reach 1 cent in 13 years if the cryptocurrency rises at an average annual rate of 30% and the community can burn 3-4% of the coins in circulation each year.
Shiba Inu Price Prediction 2022: Will Shiba Inu reach 1 cent in 2022?
No, there is no evidence that Shiba Inu will reach 1 cent in 2022. Shib needs to climb 766 times in the next 4 months to achieve this feat. The Macro and Microeconomic environment does not favor a huge pump.
Shiba Inu Price Prediction 2022: Shiba Inu will reach 1 cent by 2025
To reach 1 cent by 2025, Shiba Inu must grow at the rate of 43 times a year for the next 3 years. While this is not impossible, it would be an extraordinary feat if Shiba Inu were able to achieve this kind of growth. In our opinion, this is not feasible
Will Shiba Inu reach 5 cents?
Shiba Inu investors and especially the Shib army have been very optimistic about the future of Shiba Inu despite the price of Shiba Inu collapsing regularly. The Shiba army is trying to push the price of Shiba Inu to 1 cent and then to 5 cents. However, a question arises, will Shiba Inu reach 5 cents? If so, then when and how? Here we explain how and when Shiba Inu can reach 5 cents using some simple calculations:
At the current price and following the same rate of gain, there is almost no chance for Shiba Inu to reach 5 cents this year in the next 50 years. If Shiba Inu earns only 5% per year, it will reach 5 cents in the next 66 years, that is, in 2087.
In order for Shiba Inu to reach 5 cents, it will have to increase or earn 4170% at the current price. Getting such a huge value may seem impossible but it should be remembered that in 2021 Shiba Inu gained 49,000,000%. Therefore, Shiba Inu can reach 5 cents if it follows the trajectory similar to that followed in 2021.
Some calculations with a time frame to reach 5 cents
|If Shib were to increase by 20% per year||47 years|
|If Shib were to increase by 30% per year||33 Years|
|If Shib were to increase by 30% per year and burn even 50% of the coins||16.5 years|
|If Shib were to increase by 50% per year||22 Years|
|If Shib were to increase by 50% per year and burn even 50% of the coins||11 years|
Therefore, if Shiba Inu earns 50% per year and burns 50% of its total supply, in the next 11 years Shiba Inu’ will reach 5 cents.
Can Shiba Inu reach 10 cents?
Over the past 1.5 years, the definition of cryptocurrencies has changed. From being identified only by the value of the token, cryptocurrencies are now identified by their ecosystem. The price of Shiba Inu tokens has shrunk and reached its lowest since October 2021, but one factor that is keeping Shib investors motivated is the expansion of the Shiba Inu ecosystem.
However, for Shiba Inu to reach 10 cents this year may not be possible considering current market conditions. However, in the future Shiba Inu could reach 10 cents. At the current price, Shiab Inu will have to increase by 9950 to reach 10 cents or the following scenario can be considered for when and how Shiba Inu will reach 10 cents:
|If Shib were to increase by 20% per year||50 years|
|If Shib were to increase by 30% per year||35 Years|
|If Shib were to increase by 30% per year and burn even 50% of the coins||17.5 years|
|If Shib were to increase by 50% per year||21 Years|
|If Shib were to increase by 50% per year and burn even 50% of the coins||10.5 years|
Will the Shiba Inu coin reach 1 cent? Why it’s possible
A market cap of $5.5 trillion may seem crazy today, but not if it were in 20 years or later. With burns of 2-3% per year, this can also be faster, and market capitalization requirements may be much lower. The real question is what are the 3-4 factors that could push Shiba Inu towards 1 Cent
- Organized and high-quality leadership: While this may not be a requirement for Bitcoin, Shiba Inu needs vision, oversight, and execution. Vitalik Buterin for example.
- Execution of plans: The core of what makes Ethereum a successful cryptocurrency is a solid blockchain framework and widespread use that in turn drives demand for Eth coins. Shiba Inu has numerous plans, be it your own level 2 blockchain, a metaverse, or the last plan to launch a stable coin. Implementing these will require enormous ability to execute because each in itself is a company in its own right.
- Sustaining the current momentum: Shib is already well organized as a community, driving payment adoption, and continues to burn at a steady pace.
Shiba Inu Price Prediction 2022: Can Shiba Inu reach 10 cents?
|If Shib were to increase by 30% per year||35 Years|
|If Shib were to increase by 30% per year and burn even 50% of the coins||17 years|
Shiba Inu Price Prediction 2025:
|If Shib were to increase by 10% per year, 2025 price forecast||US$ 0.0000124|
|If Shib were to increase by 30% per year, 2025 price forecast||US$ 0.0000235|
Will Shiba Inu reach 1 cent? Shiba Inu Performance 2022
|Last 5 days||+3.7%|
|Last 5 days||+8.2%|
|Last 5 days||+0.6%|
Will Shiba Inu reach 1 Cent? Comparison between Shiba Inu and Earth Moon
Fears for Shiba Inu have increased due to the recent free fall of Terra Luna and the price of Luna from trading at over $80 has fallen to zero. But there are some differences:
- Terra was a blockchain project that had fundamental problems with the USD peg being attacked by speculators. However, despite the huge setback, the developers of Terra have launched a new version of the Luna token in order to save the interest of investors
- Shiba Inu on the other hand is a meme coin that is evolving into something else to the surprise of many.
Ironically, Luna Classic owners have replicated the strategy of Shiba Inu owners and built a community to burn Luna Classic.
Shiba Inu 1 cent: Understanding the Implications of Market Capitalization
The price of Shiba Inu will reach 1 cent only if trillions of Shiba Inu coins are burned and Shiba Inu will be able to execute its plans around Shibarium, Shibverse, etc. There are other challenges –
- At a price of $0.01, Shiba Inu’s market cap will be around $5.4 trillion, which is about 30 times more than Ethereum itself, on whose blockchain it depends. The market capitalization will be 2 times higher than Apple (AAPL) and 5 times higher than Tesla (TSLA), 15 times more than Bitcoin.
- If the price of Shiba Inu reaches 1 cent with a market cap of $5.3 trillion, it will be more than what the U.S. government collects in annual taxation ($4 trillion). To reach the $0.01 goal, a significant number of SHIB coins will need to be burned.
Shiba Inu Price Prediction 1 Cent
According to our latest Shiba Inu price forecast, the price of Shiba Inu is expected to rise to 1600% by the end of 2030. But if growth were to increase to 50% per annum and burns were stable at 3-4% per annum, SHIB could reach 1 cent by 2030
On paper, Shiba Inu has increased 403-fold in the last year. There are various factors that are listed below:
- The Shiba Inu has risen to prominence since its launch as investors were looking for the next bitcoin (BTC) to invest in, but the real boost was in May when it rose 2405% in just three days and reached a new peak of $0.0000388 on May 10. The rally was mainly due to an interview with Elon Musk in which he called DOGE a “hustle and bustle”, which triggered a sell-off in DOGE and new purchases in SHIB.
- Token meme prices are so responsive to Elon Musk’s tweets that they jumped after Tesla’s CEO tweeted a photo of a Shiba Inu puppy in a Tesla vehicle on Oct. 4. Other similar currencies such as Dogecoin and Shiba Floki (FLOKI) had met a similar fate.
- At the end of November, a couple of positive news such as a listing on the Kraken exchange and an announcement from ecommerce retailer Newegg that it will accept SHIB as payment supported the price. Another positive factor is the appointment of game veteran William Volk.
- On December 8, Shiba Inu revealed that a strategic rental work contract has been signed with Playside, the Australian video game developer. The plan is to develop a multiplayer trading card game. Fortunately, on the same day as the exchange Bitstamp announced to list SHIB, the following day on its platform. These factors helped to take the price rise.
Shiba Inu will reach 1 cent: factors against Shiba Inu
The price of Shiba Inu is changing slightly over $0.000010 and is following the trend of the cryptocurrency market that has fallen below the market cap of $1 trillion. Bitcoin is also trading southwards, down nearly 3%.
- Whales: The price of Shib in the past has been mostly driven by whales. Whales have come to Shiba’s rescue on many occasions. This time, the whales seem to have abandoned Shib and allowed the price of SHIB to fall freely. However, one fact shows that SHIB is the largest altcoin or favorite altcoin among ETH whales.
- YTD Performance: The cryptocurrency market is declining and almost all cryptocurrencies are lower and this is the case since January 2022. But what’s more worrying is that SHIB is one of the worst performing cryptocurrencies this year. SHIB has lost almost 70% of its value this year.
- Technicians: Technicians have also worsened for Shiba Inu, alluding to SELL
Will Shiba Inu reach 1 cent? Lack of long-term Shib holders halted Shiba Inu’s rise
- The Shib army along with several independent organizations have strived to burn a large number of Shib tokens. However, their effort is proving insufficient as there has been very little price change after each burn.
- The main reason behind this lack of a good number of long-term Shib holders. According to data from IntoTheBlock, 75% of Shib owners are within a time period of 1-12 months, while 3% of SHIB holders are less than 1 month old. There are 22% of SHIB holders over the age of 1 year at the moment according to the data.
Shib will reach 1 cent?: Why should Shiba Inu be part of your long-term investment
The lack of long-term Shib token holders has been a major obstacle to rising the price of Shib Inu. Shiba Inu has declined by more than 70% this year, but it is advisable to have Shiba Inu as part of a long-term investment.
- There have been reports of Ethereum whales buying Shiba Inu tokens in bulk. Whales are those that own a large amount of cryptocurrency. If ETH whales are moving to Shiba Inu, it is evidence of a growing trust in the Shiba Inu ecosystem.
- The fact that the developers of Shib Inu are turning Shiba Inu into more than one “Meme Token” is attracting big whales to it. This year, Shiba Inu is believed to be launching a layer-2 scaling solution and also entering the world of the metaverse.
- The growing acceptance of the Shiba Inu token as a payment method can be considered as the other reason why you should have a Shib token in your long-term crypto wallet.
Will Shiba Inu reach 1 cent? How to buy Shiba Inu?
Shiba Inu, the Ethereum-based cryptocurrency is making money with each passing day. Like most Altcoins, Shiba Inu has similar steps to purchase. Here are the steps for “How to Buy Shiba Inu”:
- Finding a crypto exchange that has Shiba Inu coins listed
- Create an account with Exchange
- Verify your identity
- Finance your portfolio
- Make the purchase
Shiba Inu Price Prediction 2022: Find a Cryptocurrency Exchange That Sells Shiba Inu
The first step in buying a Shiba Inu coin is to find an exchange that offers Shiba Inu for trade-buying and selling. There are many exchanges that offer Shiba Inu coins, however, you need to make sure that the exchange comes with a built-in wallet. The wallet is where you will add the amount for trading Shiba Inu coins.
Shiba Inu Price Prediction 1 Cent: Create an account with the exchange
Once the exchange is finalized, the next step will be to create an account with the exchange. To create an account you will be required to enter your personal details such as Name, Phone Number, Email and also bank account details.
Shiba Inu Price Prediction 2025: Verify Your Identity
Once you have created your account, you will be prompted to verify your ID. To verify your ID, make sure you have your IDs ready before you begin. In most cases, acceptable forms of ID card will include a passport or driver’s license.
Will Shiba Inu Reach 1 Cent: finance the portfolio
Once your ID is verified, your account is activated. When your account is activated, you can deposit fiat currency. It can be the US dollar or any of the other fiat currencies they accept. There are several methods to fund your accounts, such as bank transfers from a checking or savings account, PayPal, bank transfers, a cryptocurrency wallet, or even a credit or debit card.
Shiba Inu 1 Cent: make the purchase
Once you’ve funded your wallet, you’ll now be able to buy Shiba from the respective exchanges.
Shiba Inu 1 Cent: Conservation of Shiba INU
After the purchase of Shiba Inu has been processed, you need to store your cryptocurrency. While some platforms will store it for you, some people choose to store their investments on their own to reduce the likelihood of losing their encryption due to a hack.
Can Shiba Inu reach 1 Cent? Where to buy Shiba Inu Coin?
There are several platforms where you can buy Shiba Inu. Few famous exchanges that offer Shiba Inu are Binance, Crypto.com, Atomic Wallet, Voyager, SevenB and KuCoin.
Where to buy Shiba Inu – SHIB COIN
How to buy Shiba Inu: Now you can buy Shib coins even in an ATM.
You’ve heard of #ShibaInu (SHIB) lately, but can’t figure out how to get some? We take you. It is complicated and confusing. Until now! Here’s the easiest way to buy Shiba Inu Coin (and also the fastest!)
Step 1. Find DCM cloud coins near you
Step 2. Enter your phone number
Step 3. Scan your SHIB wallet
Step 4. Enter your money
The best crypto exchanges to buy coins – Coinbase, Cash App, Bisq, Binance.
Will Shiba Inu reach 1 cent? Conclusion
Shiba Inu 1 cent is a realistic possibility under conditions that could take a couple of decades, and Shib is able to execute his plans during that time.
Our concern is that Shib’s leadership seems to be trying to do many things at once and following a “flavor of the season” approach. The effort could be the same as what Polygon, Decentraland and Luna are all trying to do in one company. It is a Herculean task!