Shiba Inu: This Is The Investment Amount of 100 Dollars by 2030
The famous meme cryptocurrency Shiba Inu (SHIB) has significantly lagged after the recent price surge in November. The asset has dropped from a high of $0.00004534 to a low of $0.0000186. SHIB has become a victim as the market continues its downtrend. More precisely, this meme coin has decreased by 37% from its peak in December. Could an investment made during this downturn yield significant profits in the coming years?
Analysis of the Current Price of Shiba Inu
According to data from CoinMarketCap, Shiba Inu is trading at $0.0000212 at the time of writing. This meme coin has recorded decreases of 2.12% and 4.20% over the past 24 hours and 7 days, respectively. Despite the recent price surge in November, SHIB continues to trade 76% lower than its all-time high of $0.00002116.
In the next five years, the price of SHIB is expected to rise significantly. Data from CoinCodex shows that if an investor puts $100.00 into Shiba Inu today and holds it until January 10, 2030, they could earn $261.19. This indicates an investment return of 216.19% over the next 1835 days.
Price Prediction for 2030
It seems that SHIB will witness an increase in the next five years by 2030. Changelly notes that by 2030, SHIB is predicted to trade at a maximum price of $0.000201. The lowest price this meme coin will have during this time is $0.000163. Throughout the year, its average cost is predicted to be around $0.000169.
Although this may not be a significant increase, it is still relevant to the SHIB market. As mentioned in the predictions, this asset will remove some zeros, which is a huge figure for this meme coin. SHIB is expected to reach this high in the final months of that year.
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