Coin World Report:
The current trading price of Shiba Inu on Monday is around $0.00001659, with an increase of nearly 2%. SHIB experienced an astonishing rebound in the first quarter of 2024, surging by 280% after the Bitcoin halving event. The token reached an annual high of $0.00004450, sparking strong bullish sentiment. However, it retraced most of its gains in the second quarter of this year, dropping to the key level of $0.00001.
Please also read: Can Burning 4.1 Quadrillion Shiba Inu Tokens Create a New All-Time High?
Volatility is a crucial issue in the cryptocurrency market, and investors need to be prepared for downturns. The cryptocurrency market is only suitable for those who can withstand setbacks and remain resilient. Shiba Inu has tested investors’ patience this year, with many of them preparing for potential profits in 2025.
In this article, we will focus on the price of Shiba Inu from next year to 2025. The detailed information will help you decide whether to enter SHIB at the current moment. So, let’s see if SHIB can make you big money in 2025.
Please also read: Shiba Inu Burn Rate Soars 1600%: Is There $0.00003 on SHIB’s Card?
SHIB: What will be the price of Shiba Inu in 2025?
Source: Pixabay
Leading price forecasting platform Wallet Investor is bullish on the prospects of Shiba Inu. According to their price estimate, SHIB may rise by 58.9% from the current price by 2025. Therefore, the projected target price for the token in 2025 is $0.00002636. If the prediction is accurate, a $1000 investment could turn into $1589 by 2025.
Please also read: Shiba Inu Down: Will SHIB Erase or Add Zeroes by the end of 2024?
Source: Wallet Investor
Due to investors’ fear of missing out (FOMO), Shiba Inu attracts significant buying pressure once it enters the bullish zone. Whenever SHIB rises by over 20% on the chart, funds flow in from all corners. This causes the token to rise on the chart before cooling down due to sell-offs and profit bookings.
