The cryptocurrency market has high hopes for Shiba Inu (SHIB) and other parts of the market. While Bitcoin (BTC) has successfully soared to new highs and surpassed $100,000, SHIB's trading price remains far below its peak. The community has been waiting for the meme coin to reach the coveted $0.01 milestone or at least to set a new all-time high. However, SHIB's progress has been quite slow. The real question is how high this asset will soar this year and in the next five years.
Shiba Inu's trading volume is 72% below its peak.
In 2021, the second-largest meme coin set an all-time high of $0.00008845. The asset has never come close to this milestone in three years. Currently, SHIB is 72.72% below this milestone. At the time of writing, this meme coin is trading at $0.00002412, with a daily increase of only 0.63%.
Despite the increasing utility and efforts of the Shiba Inu network, the price of the meme coin seems to be rising quite slowly. However, the community has high hopes for this year.
Price predictions for 2025 and 2030.
The entire market is looking forward to Shiba Inu eliminating several zeros and setting new records in the coming years. However, it is still far from the $0.01 milestone. According to recent data, this asset needs to soar by 413% to reach this price level.
As shown in the above image, throughout 2025, Shiba Inu will trade in the price range of $0.0000728 and $0.0000368. This year, the average trading price of this meme coin is $0.0000552.
Moreover, the outlook for cryptocurrencies over the next five years seems quite optimistic. Data from Telegaon indicates that by 2030, Shiba Inu's highest trading price will reach $0.000712. The lowest price for SHIB that year will be $0.000593.
