Shiba Inu Price Prediction 2022: Daily Update

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Shiba Inu Price Prediction 2022: The average price prediction of Shib token for 2022 is $0.00005918.

In 2021 Shiba Inu hit the all-time high of $0.00008845. Therefore, the Shiba Inu price prediction for 2022 end is lower as compared to its ATH

Let us look at the performance of the Shiba Inu coin in 2022 before we jump to its 2022 Price Prediction.

Shiba Inu Price Prediction 2022: Performance in 2022

SHIB has had a tough January so far underperforming both Bitcoin and Dogecoin. In the last 7 Days, Shiba has traded lower than Dogecoin.

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On December 31st, 2021 Shiba Inu was trading just over $ 0.000033 which rose to $ 0.000034 on January 2nd, 2022. However, Shiba Inu could not hold on to its new support price and slide below $0.000030 on January 7th.

Shiba on January 13th was once again able to breach $ 0.000030 but the gain was short-lived and with the price of the rest of the cryptos falling, Shiba Inu was once again trading below $ 0.000030 on January 17th.

However, with the crypto crash, Shiba Inu crashed below $0.000020 and for the rest of January 2022, Shiba was trading between $0.000018-0.000021.

February has been slightly better for Shiba Inu. With the crypto market attempting recovery, Shiba Inu made a massive move as the price soared over $0.000030.

Currently Shib token is trading between $0.000030-$0.000035.

Shiba Inu Price Prediction 2022: Last 30 Days Interest In Shiba vs Dogecoin

Google Search for Dogecoin was lower than Shiba Inu in Last Few Days

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Dogecoin and Shiba Inu have been two of the most discussed coins in the last few days. Shiba Inu which had lost its track completely bounced back massive.

In the Google Search trend, Dogecoin has been ahead of Shiba Inu in the last 30 days. But recently, Shiba Inu has been a favorite in terms of preference. With Shiba Inu search volumes rising, it clearly indicates the expansion in interest for the coin.

Read: Shiba Inu Price Prediction Today

If one looks at search levels for Shiba Inu over a 90 day period, search queries have fallen from late December onwards. In the last few days, there has been a slight increase in Shiba Inu Search queries.

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Shiba Inu Price Prediction 2022: Experts Prediction

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Shiba Inu Price Prediction 2022: Some Facts

  • Shiba Inu has been created by Ryoshi and the theme is inspired by dog breed Shiba Inu.
  • Shiba Inu started with a supply of 1 quadrillion tokens, and the founder, Ryoshi, locked 50% in Uniswap, then “burned” the other half to Ethereum co-founder Vitalik Buterin for safekeeping.
  • An exemplary benefit of the Shiba Inu cryptocurrency is its growing acceptance. In November 2021, Giant Newegg announced the acceptance of the Shiba Inu token as a mode of payment.

Shiba Inu Price Prediction 2022: Why Shiba Inu is No More a Meme Token?

Shiba Inu has been looked upon as a meme token and as an alternative to another meme coin, Dogecoin. However, the growing ecosystem of Shiba Inu is enough to distinguish Shiba Inu from the rest of the meme tokens. Here are a few projects based on Shiba Inu to consider it different from the rest of the meme tokens:

Shibswap: Shiba Inu ecosystem comprises three different coins, Shib, Bone, and Leash. These three tokens come together to create Shibswap. Shibswap is a Defi platform, that gives users the ability to DIG (provide liquidity), BURY (stake), and SWAP tokens to gain WOOF Returns through our sophisticated and innovative passive income reward system. (As per Official Shiba Inu Website)

Shiba Inu In Metaverse: Most of the major cryptocurrencies are structuring themselves so that they could enter the Metaverse. Shiba Inu became the latest player to enter the world of the metaverse. The Shiba Inu team recently announced that with its project Shiberse it is entering metaverse.

Shibarium: Shiba Inu is set to introduce its own blockchain-like transaction system Shibarium. Recently a test run of Shibarium was done which led to a massive spike in the price of Shib tokens. Once Shibarium becomes public, Shiba Inu will no longer depend on the Ethereum platform to complete its transaction. This will reduce the gas fees that ETH charges other tokens to run and operate on their platforms.

Shiba Inu Price Prediction 2022: Historical Data

On August 1st, 2020 when the Shib token was first made public, it was priced at $0.000000001335. However, the price of the Shib token could not see any change until January 2021. It was on January 30th, 2021, Shiba Inu was able to shed a few ‘0’s from its price. On January 30th, 2021 Shib token was priced at $0.00000001.

On April 11th, 2021, the Shib token was priced at $0.00000011 and by April 19th, Shiba was able to shed off one more ‘0’ as it was priced at $0.00000198. The last ‘0’ that Shib token lost from its price was on May 8, 2021. On that very day, Shiba Inu was priced at $0.00001578.

Shiba Inu reached its all-time high of $0.00008845 on October 28, 2021. Since then Shib token has lost over 75% of its ATH value.

Currently, Shiba Inu is trading between $0.000030- $0.000034.

Shiba Inu Price Prediction 2022: Major News Items in February 2022

  1. Shiba Inu Has Doubled in 2 Weeks: 3 Reasons I’m Still Not Buying
  2. Ethereum whales buy $20 million in Shiba Inu, anticipating a bullish breakout

Where to Buy Shiba Inu Coin?

There are several platforms where you can buy Shiba Inu. Few famous exchanges offering Shiba Inu are Binance, Crypto.com, Atomic Wallet, Voyager, SevenB and KuCoin

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.



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