Key Takeaways
Shiba Inu’s SHIB crypto took advantage of the memecoin price surge and entered the top 10 cryptocurrencies by market cap in March 2024.
Since then, it has slowed somewhat, exiting the top 10 cryptos, but it still shows a notable increase compared to this time last year.
The crypto hit the headlines when the platform’s lead developer, Shytoshi Kusama, announced they were stepping down as “head visionary” of Shiba Inu in January 2025.
On Jan. 27, 2025, SHIB was worth about $0.00001765.
Let’s examine our price predictions for Shiba Inu on Jan. 27, 2025. We will also examine the SHIB price history and discuss what SHIB is and does.
Here are the SHIB price predictions from CCN on Jan. 27, 2025. Price forecasts should be taken cautiously, especially for something as volatile as crypto. Our Shiba Inu crypto price predictions will use the wave count method to predict its future movement.
We will add and remove 20% from the target price to provide a range of possible outcomes, resulting in minimum and maximum SHIB price predictions.
Minimum SHIB Price Prediction | Average SHIB Price Prediction | Maximum SHIB Price Prediction | |
---|---|---|---|
2024 | $0.000009 | $0.000011 | $0.000013 |
2025 | $0.000016 | $0.00002 | $0.000024 |
2030 | $0.000039 | $0.000047 | $0.000055 |
The most likely SHIB wave count suggests the price has completed an A-B-C structure beginning in June 2023. This is visible by the triangle pattern in the B wave.
After the 2024 high in March, SHIB completed a five-wave decrease, leading to a low of $0.000010 in August. This likely marked the end of a five-wave decline, which could be wave A in another A-B-C structure.
Then, the SHIB price completed a corrective wave B and has now started wave C.
Then, we project a similar increase as the one that started in May 2023. If that happens, SHIB will reach a high of $0.000011 and $0.000020 at the end of 2025 and 2026, respectively.
Finally, we use the daily rate of increase for the past three years to make a SHIB price prediction for the end of 2030.
Since January 2022, SHIB has increased at a daily rate of 10%. Projecting this increase until the end of 2030 leads to a price of $0.000047.
The wave count method gives a SHIB price prediction range between $0.000009 and $0.000011 for the end of 2025.
The wave count method gives a SHIB price prediction range between $0.000016 and $0.000024 for the end of 2026.
Using the daily rate of increase, we arrive at a SHIB price prediction range between $0.000039 and $0.000055 at the end of 2030.
Shiba Inu Price Analysis
The three-day SHIB analysis shows that the price has traded inside an ascending parallel channel since the start of 2024. More recently, the channel’s resistance trend line rejected the price in March, triggering a downward movement.
Then, in December, SHIB was rejected again, this time by the channel’s midline and the $0.000032 horizontal resistance area.
SHIB is approaching the channel’s support at $0.000015.
The Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD) both fall, suggesting that SHIB will continue decreasing until it reaches the ascending support trend line.
So, the three-day time frame suggests that more downside is likely.
Short-Term SHIB Price Prediction
The SHIB price prediction for the next 24 hours is bearish. SHIB will likely fall to its channel’s support trend line at $0.000015.
The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days.
A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility.
Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels.
On Jan. 27, 2025, SHIB’s weekly ATR was 0.00000164, implying low-to-average volatility.
The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold.
Movements above and below the 50 line also indicate if the trend is bullish or bearish.
On Jan. 27, 2025, the Shiba Inu RSI was at 32, indicating a bearish trend.
The CCN Strength Index combines an array of advanced market signals to measure the strength of individual cryptocurrencies over the last 30 days.
Every day, it assigns a strength score, ranging from 0 to 100, to the top 500 assets by market capitalization on CoinMarketCap, focusing on both trend direction and the intensity of price movements.
The index dynamically adapts to rapid changes. For example, an asset experiencing a 100% increase within a short timeframe would see a sharp jump in its score to reflect the intensity of the rise.
However, should that asset stabilize at this new price level, the score will gradually taper down and align with the dampened momentum as the movement normalizes. The same principle applies to rapid declines: a sudden drop will spike the score downward, but the score will slowly adjust back up as volatility decreases.
On Jan. 27, 2025, SHIB scored 26.9 on the CCN Index, suggesting weak momentum.
We looked at the SHIB price history and found the times when the price was at its lowest across certain days, months, quarters, and even weeks in the year, indicating the best times to buy SHIB.
Time to Buy SHIB | Best Days, Weeks, Months and Quarters |
---|---|
Best Day | Saturday |
Best Week | 5 |
Best Month | January |
Best Quarter | Third |
Following that, let’s now take a look at some of the key dates in the Shiba Inu price history.
While past performance should never be taken as an indicator of future results, knowing what the coin has done can help give us some very useful context when it comes to either making or interpreting a Shiba Inu price prediction.
Time period | Shiba Inu price |
---|---|
Last week (Jan. 20, 2025) | $0.00002194 |
Last month (Dec. 27, 2024) | $0.00002235 |
Three months ago (Oct. 27, 2024) | $0.00001732 |
One year ago (Jan. 27, 2024) | $0.000009199 |
Launch price (Aug. 2, 2020) | $0.000000001009 |
All-time high (Oct. 28, 2021) | $0.00007924 |
All-time low (Aug. 2, 2020) | $0.000000001009 |
The market capitalization, or market cap, is the sum of the total number of SHIB in circulation multiplied by its price.
On Jan. 27, 2025, Shiba Inu’s market cap was $10.41 billion, making it the 17th-largest crypto by that metric.
On Jan. 27, 2025, a wallet held more than 40% of the supply of SHIB.
As of Jan. 2,7 2025, the five wallets with the most SHIB were:
Supply and distribution | Figures |
---|---|
Total supply | 589,508,370,476,139 |
Circulating supply as of Jan. 27, 2025 | 589,255,143,397,410 (99.95% of total supply) |
Holder distribution | Top 10 holders own 61.37% of the total supply as of Jan. 27, 2025 |
In its technical documentation or whitepaper , Shiba Inu says it is designed to be run by its community.
It says: “Projects built on the foundation of community involvement are the untamed wilderness of our future. As we move further away from rigid social structures and traditional mindsets, we become free to discover new ways to solve problems and relate to one another.”
If imitation is the sincerest form of flattery, then Dogecoin (DOGE) founders Billy Markus and Jackson Palmer can consider themselves the most flattered men in crypto.
After their coin started to gain traction in 2020, the crypto market found itself submerged in dog coins, cryptos that all used canines as their mascots and seemed to have very little utility. Probably the first and certainly the most successful of these is Shiba Inu (SHIB ).
The pseudonymous Ryoshi created Shiba Inu, which entered the open market in the middle of 2020, just as DOGE was starting to transform into a major player. The idea behind SHIB is that it is a crypto that is entirely decentralized and controlled by its community.
The Shiba Inu platform initially existed to support the SHIB token. Still, as time passed, it incorporated a non-fungible token (NFT) facility called the Shiba Incubator and a decentralized exchange (DEX) called ShibaSwap.
In addition to SHIB itself, the Shiba Inu network supports two other cryptos. BONE helps govern the ShibaSwap exchange, while LEASH was initially designed to be pegged to the value of DOGE. Still, it was then decided that it would have a minimal supply and be used to provide liquidity to the platform. However, SHIB is still the network’s main cryptocurrency.
It is essential to point out that because SHIB is based on the Ethereum (ETH) blockchain, it is a token rather than a coin. You might see references to Shiba Inu coin price predictions, but these are wrong.
SHIB is the self-proclaimed “Doge Killer,” although, in truth, it does seem that there is enough space in the market for the two cryptos. While SHIB does not seem to have that many real-world uses, it has proven to be favored over the last two years and is now in the top 10 cryptos by market cap, which is not bad considering that it is, at heart, a parody of a parody. With SHIB’s success, other memecoins have entered the market, although none have had anything like its success.
However, we don’t know what will happen in the future. While it appears to have avoided the gaze of regulators so far, there is always the risk that crypto with a massively low price point and little actual utility could collapse and burn. As with crypto, you must do research before investing in SHIB.
No one can say for sure right now. While most of the token’s price predictions are bullish, price predictions tend to be wrong. You should also remember that prices can and do go down and up.
Before you decide whether or not to invest in Shiba Inu, you will need to do your research, not only on SHIB but on other similar coins and tokens, such as Dogecoin. More importantly, you must ensure you never invest more money than you can afford to lose.
Our price predictions suggest Shiba Inu will not reach $0.01 soon.
Shiba Inu helps power the Shibarium platform. It is also stores value. People can also buy, sell, and trade it on exchanges.
Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about this information’s completeness, reliability, and accuracy. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto user should research multiple viewpoints and be familiar with all local regulations before committing to an investment.