If you have 10,000 Shiba Inu coins and by the end of 2025, the price of each coin rises to $0.5, then here is the value of your investment:
Total value = Number of coins × Price per coin
Total value = 10,000 × 0.5 = $5,000
Here are some reasons that could cause the price of Shiba Inu to rise. Below are the main reasons explained simply:
1. More people and companies using it
If large businesses or organizations start using Shiba Inu for payments, demand may increase, often driving up the price.
2. Network improvements
Updates for Shiba Inu, such as faster transactions, better security, or new projects (like NFTs), could make the coin more attractive and valuable.
3. Media and Influencers
If the media talks about it or a celebrity endorses it, more people may buy it, which could push the price higher.
4. Large investments
If large companies or investors put money into Shiba Inu, demand may increase, pushing the price higher.
5. Cryptocurrency market trends
A strong and positive cryptocurrency market in general can boost the price of Shiba Inu, especially if people believe in the future of digital currency.