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Forbes presents its Shiba Inu price predictions, detailing how high the meme coin could rise from 2025 to 2030.
Notably, Shiba Inu (SHIB) continues to intrigue investors with its potential for growth despite market volatility. In a previous report months back, top business magazine Forbes highlighted that Shiba Inu’s performance through 2024 featured fluctuations.
Shiba Inu 2024 Price Trends
As of July 2024, during the report, SHIB traded at $0.00001731, with a market capitalization of $10.21 billion. Six months later, in January 2025, SHIB’s price had risen by 24%, reaching $0.00002153, as it boasts a market cap of $12.7 billion.
From Forbes predicteds, the price trends in the latter half of 2024 showed SHIB attempting to recover from earlier setbacks. For instance, in November 2024, its price exceeded expectations, rising to $0.00002674.
This indicated bullish sentiment in the market, despite a challenging year overall. However, December 2024 saw a correction, with SHIB trading at $0.00002114 due to a broader market pullback.
Forbes Shiba Inu Price Prediction for 2025
Notably, Forbes confirmed that Himanshu Maradiya, founder of the CIFDAQ Blockchain Ecosystem, emphasized the speculative nature of meme coins like SHIB.
However, he suggested a realistic price range of $0.0001 to $0.0003 for SHIB by 2025, assuming favorable market conditions and ecosystem development.
Meanwhile, Utkarsh Tiwari, Chief Strategy Officer of KoinBX, estimated a possible price range of $0.00003 to $0.0000456 in 2025. He highlighted the importance of regulatory developments and technological advancements.
Forbes also noted that if SHIB maintains bullish momentum, it could reach $0.00007488 in 2025. Nonetheless, any downturn in the broader crypto market might push its price closer to $0.000010. SHIB has not seen this level in months.
Long-Term SHIB Forecasts: 2026 to 2030
Interestingly, beyond 2025, the outlook for Shiba Inu remains speculative but optimistic under the right circumstances. By 2026, Forbes projects SHIB’s price to stabilize at around $0.00003375.
By 2028, this could increase to $0.00004870, while 2029 might see a significant jump to $0.000161. The forecast for 2030 suggests SHIB could trade at $0.00006398.
Key Drivers for Shiba Inu Growth
However, the future of Shiba Inu hinges on several factors. Forbes highlighted the importance of ecosystem developments like Shibarium, which aim to increase SHIB’s utility. Additionally, regulatory changes and the overall crypto market’s health will play a major role.
Rajagopal Menon, Vice-President of WazirX, pointed out that the current bull run favors meme coins, with tokens like SHIB potentially outperforming other assets. He also noted optimism surrounding developments such as the ETH and Solana ETFs, which could spur further interest in meme coins.
Despite the optimistic projections, risks remain. Forbes called attention to the volatility of meme coins, advising investors to set realistic expectations. Maradiya and Tiwari both warned about the speculative nature of SHIB, urging caution and thorough risk assessment.