Shiba Inu is currently trading at $0.000022 on Thursday, January 2, 2025, and has risen nearly 4% in daily trading. SHIB has increased nearly 105% last year and doubled investors' money. This token is among the highest-performing assets in the cryptocurrency market, as its price has achieved a breakthrough on the charts. Trump's inauguration on January 20, 2025, could cause Shiba Inu and other top cryptocurrencies to soar in value this month.
Trump is supportive of the cryptocurrency market and shows interest in blockchain technology and payment systems. Tesla CEO Elon Musk will also have a role in the government through DOGE, and both will work closely together over the next four years. Bitcoin, Ethereum, Dogecoin, Ripple, Cardano, and Shiba Inu are likely to increase in value under President Trump's administration.
SHIB: AI Price Prediction for Shiba Inu When Trump Takes Office in January
The leading price prediction and on-chain data company CoinCodex remains optimistic about Shiba Inu's outlook during Trump's inauguration in January 2025. The swearing-in ceremony is expected to take place on January 20, 2025, and Trump will reclaim the White House along with Vice President JD Vance.
According to recent price predictions, the price of Shiba Inu could double after Trump takes office this month. Forecasts suggest that SHIB could reach a high of $0.00004633 in January 2025, with an increase of nearly 109%. Therefore, a $1,000 investment could turn into $2,090 this month if the forecast is accurate.
That is an enormous profit margin over a one-month period that only a few assets can deliver. The cryptocurrency market is gearing up for Trump's presidency, and some altcoins are looking for a potential price surge. If the market is bullish under Trump, Shiba Inu could also benefit and reach new highs. The year 2025 could be the best year for SHIB and other top cryptocurrencies in the broader market.