<b><i>The phenomenal returns of the Shiba Inu (SHIB) token in 2021 show the incredible power of meme coins that outperforms all the other coins with actual real-life use cases. </i></b>

<span style="font-weight: 400">It was impossible to have anticipated the fantastic accomplishments of Shiba Inu last year. The exception is perhaps the trader who turned an investment of $8,000 into $5.6 billion in 400 days using Shiba Inu.</span>

<span style="font-weight: 400">Sadly, due to the recent drop in prices for crypto and the decline in crypto prices, this trading company is losing more than 1 million dollars from the highest net worth. Shiba Inu has a high degree of volatility, and the cryptocurrency is down by more than 30% as of December 2021.</span>

<span style="font-weight: 400">The rise of meme currencies was fueled mainly by the extremely popular <a href="https://www.cryptoknowmics.com/news/doge-price-prediction-what-will-dogecoin-be-worth-by-2035/">Dogecoin</a>, and Shiba Inu appears to have primarily ridden with its result. Although it has a lower volume than other DEX protocols like Uniswap and Sushi, the ShibaSwap's SHIB token has far outperformed other markets for cryptocurrency this year.</span>

<span style="font-weight: 400">Although Shiba Inu is down over 50 percent from its all-time high price, the coin has rebounded from a significant decline earlier this year. Many investors think of the possibility that this meme-like coin has died, and others anticipate the coin to keep its upward trend by 2022.</span>

<span style="font-weight: 400">Let's look at some price predictions for Shiba Inu heading into the new year.</span>
<h2><b>What Is Shiba Inu?</b></h2>
<span style="font-weight: 400">Shiba Inu is a meme currency based on dogs, created in August 2020 by anonymous creator Ryoshi has recently risen, reaching an all-time high in August.</span>

<span style="font-weight: 400">Named after the kind of Japanese dog in Dogecoin, Shiba Inu was dubbed "the dogecoin killer" when it first launched in 2020.</span>

<span style="font-weight: 400">In its role as an ERC-20 altcoin based using Ethereum, the Ethereum blockchain Shiba Inu can be traced back to the community. The project could help change conventional financial structures that are rigid by leveraging the power of collective decentralization.</span>

<span style="font-weight: 400">According to the white paper of its founders, Shiba Inu is a community-run token controlled by 120,000 members who take part in a community-building exercise that is spontaneous within an ecosystem operated via its decentralized exchange (DEX).</span>

<span style="font-weight: 400">The SHIB cryptocurrency is the first token listed on ShibaSwap, a private DEX designed to offer an ecosystem in which coins are traded with confidence.</span>
<h2><b>2021 Highlights of Shiba Inu</b></h2>
<span style="font-weight: 400">In May 2021, Shiba Inu famously transferred 50% of its entire amount - 50 trillion coins - in the direction of Ethereum Creator Vitalik Buterin via his public ETH address.</span>

<span style="font-weight: 400">Buterin later burned the majority of Shiba Inu tokens he had in his possession, which was a total of $6 billion; according to the data provided by Ethereum Then, he donated the rest of the coins to the Covid-19 Relief fund in India.</span>

<span style="font-weight: 400">The cryptocurrency exchange Kraken announced Shiba Inu as a currency now traded with the US dollar and euro, with a minimum trading value of 50,000 Shiba Inu. The exchange reported accuracy of eight decimal places, and the quantity precision was five decimal points.</span>

<span style="font-weight: 400">At the beginning of this month, Kraken announced that it would announce its SHIB coin if any of its tweets on Twitter got 2,000 likes. However, the post did end up receiving more than 80,000 likes.</span>

<span style="font-weight: 400">In addition, Shiba Inu made it into the top 10 most potent cryptocurrency on October 28, 2021, as the eighth-highest-ranked coin on CoinMarketCap, leaping ahead of Polkadot and Dogecoin; however, it has since dropped to 13th position.</span>
<h3><b>Catalysts For Shiba Inu</b></h3>
<span style="font-weight: 400">Many factors have contributed to Shiba Inu's rapid growth. While Elon Musk has not publicly acknowledged the status of the token, he did send an obscure text-based image of the dog with the rocket on October 18 this year, which was taken as an allusion towards "to the moon" symbol "to the moon" symbol that led to an increase of 20% in the price of Shiba's Inu.</span>

<span style="font-weight: 400">On October 4, SHIB gained further traction after Musk Musk posted a photo of his personal Shiba Inu, Floki, on Twitter.</span>

<span style="font-weight: 400">In the spring of this time last year Elon Musk was critical of SHIB's principal dogecoin rival, describing it as a "hustle" during an appearance on Saturday Night Live, which boosted the SHIB coin.</span>

<span style="font-weight: 400">Additionally, a petition was posted on Change.org, which calls on Robinhood to list SHIB. Robinhood trading system, including SHIB, is one of the top online petitions, gaining more than a million signatures.</span>

<span style="font-weight: 400">In July, ShibaSwap began to be launched. It further improved liquidity by giving hodlers put their money into.</span>
<h2><b>SHIB Token: Price Analysis</b></h2>
<h3><b>Flashback: The Fundamental Analysis of SHIB</b></h3>
<img src="https://s3.tradingview.com/snapshots/4/4GCV8pHS.png" alt="TradingView Chart" />

<a href="https://www.tradingview.com/x/4GCV8pHS/"><span style="font-weight: 400">SHIB/USD Price Chart</span></a>

<span style="font-weight: 400">According to CoinMarketCap, the current price of SHIB at press time is $0.00003241. The coin's market capitalization has increased by 6.63% in the past 24 hours. Moreover, the coin's intraday trading volume has increased by 211% as well. </span>

<span style="font-weight: 400">In the year, the coin price has increased by 49327597.3% last year. However, taking the last few weeks into account, the coin price <a href="https://www.cryptoknowmics.com/news/shib-technical-analysis-bullish-reversal-begs-buyers-to-step-in-before-another-collapse/">indicates</a> a downtrend with a 31% fall in the last month. </span>

<span style="font-weight: 400">Nonetheless, taking the lowest point of Shiba coin price at $0.000000000056 into consideration, the coin has increased by 57913335.7%. Despite being 62.1% lower than the all-time high of $0.00008616.</span>

<img src="https://s3.tradingview.com/snapshots/o/OtMQwilA.png" alt="TradingView Chart" />

<a href="https://www.tradingview.com/x/OtMQwilA/"><span style="font-weight: 400">SHIB/USD Daily Chart</span></a>

<span style="font-weight: 400">The SHIB coin price approaches the $0.00002952 support level after a drastic downfall due to the rejection near the $00008616 mark. However, the price action indicates the formation of a bullish engulfing candle in the daily chart if the buying pressure sustains till the end of the day. Thus, indicating a high possibility of a bullish reversal. </span>

<span style="font-weight: 400">Moreover, the price action shows a bullish breakout of the falling wedge pattern in the daily chart. Therefore, a price jump to the next resistance level at $0.00003780 is possible.</span>

<span style="font-weight: 400">The coin price is below the crucial EMAs- 50 and 100 while the 200-days EMA stands firm at the $0.00002120 mark. Moreover, the MACD indicator shows a bullish crossover of buyer's and seller's lines, and the RSI indicators show the reversal of slope from the oversold zone's boundary. </span>

<span style="font-weight: 400">Let us now look at the future Shiba Inu Price Prediction.</span>
<h3><b>Shiba Inu (SHIB) Price Prediction 2021</b></h3>
<span style="font-weight: 400">Considering the technical analysis, the SHIB coin price shows the breakout of the falling wedge pattern in the daily chart. Therefore, the price jump to $0.00003780 is possible by the end of this December. </span>
<h3><b>Shiba Inu (SHIB) Price Prediction 2022</b></h3>
<span style="font-weight: 400">The post-breakout bull run may gain momentum in the first half of 2022 and reach the high of $0.00010 mark. However, the latter half can show correction and retracement to the $0.000085 mark. This point can be considered a perfect buy-the-dip moment to enter a long-term position.</span>
<h3><b>Shiba Inu (SHIB) Price Prediction 2023</b></h3>
<span style="font-weight: 400">The start of 2023 can promise good fortune for the long-term investors as the start of summer can result in a bull run for meme coins. The coin price can reach the heights of $0.000171 and continue to close around this level in December. </span>
<h3><b>Shiba Inu (SHIB) Price Prediction 2024</b></h3>
<span style="font-weight: 400">By 2024, Shiba Inu shows possible retracement before the start of Monsoon. Therefore, the coin price may show retracement to the $0.00015 mark. However, the end of 2024 can see spectacular growth and break the $0.00025 barrier to reach the $0.00028 mark.</span>
<h3><b>Shiba Inu (SHIB) Price Prediction 2025</b></h3>
<span style="font-weight: 400">2025 can show similarity to the 2021 bull run and give unimaginable returns as the Shiba community grows. Moreover, the possible collaboration with any Meta universe can grow the prices multiple folds. Therefore, the coin price may reach the $0.00060 mark by the end of 2025.</span>
<h2><b>Shiba Inu (SHIB) Price Prediction: Market Sentiment</b></h2>
<span style="font-weight: 400">Below you will find the price analysis of SHIB Coin by different media outlets:</span>
<h3><b>Digital Coin Price</b></h3>
<img class="aligncenter size-full wp-image-224789" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2021/12/Screenshot_1.png" alt="" width="853" height="420" />

<span style="font-weight: 400">Digital Coin price predicts the upcoming years of the token's future will be bullish. The coins will be worth $0.000065 by the end of 2025. A single token will have a potential value of $0.000141 by 2028.</span>
<h3><b>Gov Capital</b></h3>
The SHIB price can cross $0.00011 by the end of next year by the forecast of Gov Capital team. Furthermore, it can show a rise to the $0.000990 mark in the next five years.
<h3><b>Wallet Investors</b></h3>
<span style="font-weight: 400">Wallet Investors predict a bullish growth for the Shiba community, and the coin price will reach the $0.000171 mark by 2023. And, by the end of 2026, the coin price will hit the $0.00040 mark.</span>
<h3><b>Coin Arbitrage Bot</b></h3>
<span style="font-weight: 400">With a bullish perspective, the Coin arbitrage bot predicts a bull run to the $0.000037 mark by the end of 2022. And, in the next upcoming years, it will reach the $0.000171 mark.</span>
<h2><b>Our Shiba Inu (SHIB) Price Prediction</b></h2>
<span style="font-weight: 400">Since it is an ERC-20 token based on Ethereum, the Ethereum blockchain-based SHIB is subject to high transaction charges and delays to the following standard transaction in the blockchain network. For instance, the average cost for Ethereum is at present $46.12 as per information from <a href="https://bitinfocharts.com/ethereum/" target="_blank" rel="nofollow noopener">BitInfoCharts</a>.</span>

Furthermore, SHIB lacks real-world utility because only 372 merchants worldwide accept SHIB as a form of payment. The high risk is due to more than 1,900 brand new coins listed on CoinMarketCap in the last month.

<span style="font-weight: 400">As per Whale Stats, one of the crypto whales under the name <a href="https://www.cryptoknowmics.com/news/gimli-whale-purchases-28-billion-shiba-inu-coins-worth-1-1-million/">Gimli</a> has recently purchased 24.8bn SHIB tokens in a purchase of around $1M, which raises questions regarding a large number of tokens in just a few hands.</span>

<span style="font-weight: 400">Therefore, significant risks at play can deal a fatal blow to the SHIB community. However, the acceptance of the coin in the local communities and the growth of its community can create an extensive network for Shiba. </span>

<span style="font-weight: 400">As per our price prediction, the SHIB coin will reach the $0.00010 mark by the end of 2022. And, by 2025, it can breach the $0.00060 level. </span>
<h2><b>Conclusion</b></h2>
<span style="font-weight: 400">Shiba Inu has undoubtedly given excellent returns in 2021. However, to be an achievement, it must deliver something of value to the market, gain acceptance among local communities and focus on the Meta area for growth and practical use cases.</span>

<span style="font-weight: 400">For a SHIB price prediction for the coin (2030), the forecasting based on algorithms Wallet Investor gives an optimistic SHIB forecast. Per previous information, Wallet Investor sees the price increase to $0.000171 in 2023. $0.000189 for November 2024, and the price to touch the $0.00040 mark by November 2026.</span>

Shiba Inu (SHIB) Price Prediction 2021-2025: Will the SHIBA Craze Continue Till 2025?

The phenomenal returns of Shiba Inu (SHIB) token in 2021 show the incredible power of meme coins that outperforms all the other coins with actual real-life use cases. Here is a detailed Shib price prediction from 2021-2025.

Vikram is a technical analyst with several years of experience in the crypto market &amp; Indian Equity and F&amp;O Segment. He loves to learn anything and everything related to finance. He possesses strong technical and analytical skills, which he leverages to acquaint our audience with upcoming price trends for different coins.

Shiba Inu (SHIB) Price Prediction 2021-2025: Will the SHIBA Craze Continue Till 2025?

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