The current price of Shiba Inu is 0.00002405 which is 11.14%higher than 24 hours.
Shib managed to recover faster than the other meme coin DOGE but trails BTC, ETH and Mana. In these volatile times, Meme Coins have a more serious challenge on their hands in comparison to even the Metaverse Coins. SHIB continues to remain in the top 3 of Crowdwisdom360 Best Crypto to buy now Survey.
Time Period |
Shiba Inu |
BTC |
Decentraland Mana |
Ethereum |
Dogecoin |
|
Last 5 Days |
-4.3% |
+0.5% |
-1.3% |
+0.3% |
-9.2% |
|
YTD |
-28.6% |
-19.3% |
-20.8% |
-30.2% |
-28.4% |
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Interest levels on Google for SHIB are the lowest in a week which explains Shiba Inu’s downward trend from 0.246 to 0.241 in the last 12 hours. That said, social media sentiments have been steady and positive suggesting that a recovery is not far away.
Shiba Inu Price Prediction: Today’s Outlook
Indicator |
Trend |
|
Price [24 hours] |
Higher |
|
Technicals |
Buy |
|
Market Cap Rank |
Steady |
|
Trading Volumes |
Higher |
|
Social Media Buzz |
Steady |
|
Higher |
Technical Analysis
Read: Cardano Price Prediction
Read about Bitcoin Price Prediction here
SHIB Prediction: Analysis Video
Read about Ethereum Price Prediction
SHIBA Price Prediction: Market Cap and Volume Trends
Value |
Trend |
||
Market Cap Rank |
14th |
Steady |
|
Current Market Cap |
$ 13.1 B |
Higher |
|
Volume Traded in Terms of $ Value |
$ 2759 M |
Higher |
Read: Elon Price Prediction
Shiba Inu Price Prediction: How many SHIB Holders are in Profit?
Holders Making Money At Current Price: As per the data by IntoTheBlock
Date |
Holders Making Money at this Price |
Holders Losing Money at this Price |
|
Feb 25th |
40% |
52% |
|
Feb 24th |
39% |
56% |
|
Feb 23rd |
40% |
53% |
Holders Composition by Time Held
Greater Than 1 Year |
0% |
|
1-12 Months |
94% |
|
Less than a Month |
6% |
Latest Shiba Inu Tweets
Originally tweeted by Andrew Griffiths (@AndrewGriUK) on February 25, 2022.
#SHIB Strong daily support zones here are still valid and we can expect local pump here to the targets and resistance that are mentioned on the chart.
Notice: only and only if 0.00002$ support break market here is bearish .
Originally tweeted by MK2 Trading (@Mk2Trading) on February 24, 2022.
Price has found support right at the trendline and the imbalance zone that created the last bull run.
Looking at the 4h, you can see how price is rejecting a multi-resistance area with an ugly inverted hammer (to trend higher, we need to break through that area)
Originally tweeted by CentralCharts EN (@CentralChartsEN) on February 24, 2022.
$SHIB $SHIBUSD #SHIBAINU @Shibtoken – Daily: All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on SHIBA INU – SHIB/USD as long as the…Read the rest here
Latest Shiba Inu News
- Will Shiba Inu’s latest foray into the metaverse be its loudest bark yet
- The shiba inu metaverse will sell 35,000 plots of virtual land over 10 days, and leash token owners will get priority in bidding
Read our very detailed daily analysis of Best Cryptocurrency to Invest in 2022.
Shiba Inu Coin Price: Social Media Buzz
Shiba Inu Burn Data
Max Total Supply |
999,991,814,866,784 |
|
410,303,216,364,298 |
||
Current Shiba Inu Circulating Supply |
548,561,136,805,596 |
Read about Dogecoin Price Prediction here
Is Shiba Coin a Good investment?
The answer is YES, Shiba Coin is a Good Investment. Here are the reasons.
- Apart from a couple of months last year, the Coin has consistently been delivering above market performance
- The Coin has an extremely strong community mindset with million plus holders who take great pride in ownership of the coin. This helps in wider coin adoption and support higher prices.
- The Coin is therefore accepted by many companies like AMC (forthcoming)
- The coin has been extremely dynamic in adopting to changes that improve Coin utility –DAO, Shibaswap-Defi Platform, Shiboshis – NFTs issued by Shiba Inu and Shibaverse – Metaverse
- The coin has also focussed on Burn far more aggressively than most other coins indicating a strong management focus on sustaining the Coin value.
So the building blocks are there for Shib being a Good Investment. However, much of the above is work in progress and hence the risks of failure are much higher than say for Ethereum, Bitcoin or even Mana.
Here are 3 good reasons why SHIB is not a great Investment-
- Much of the changes are work in progress and according to some analysts, nonsense marketing talk
- 93% of the coin holders have owned the coin for less than 1 year and a majority haven’t made money in the coin. In that sense it is quite unclear if it is really as strong a community it has made out to be
- In fact, just like other coins SHIB too has high level of whale engagement suggesting its performance is also dependent on the whims and fancies of few traders/ investors
Shiba Inu coin price prediction 2023
There are a range of predictions for SHIBA INU in 2023 by various websites and apps. The predictions are 0.00005, 0.00041, 0.0005, 0.001, 0.00005, 0.00004, 0.0002, 0.00007 and 0.0005. The Average Shiba Inu Coin Price Prediction 2023 is 0.0003 with a maximum of 0.001 and a minimum of 0.00004.
Shiba Inu Price Prediction 2025
There are a range of predictions for SHIBA INU in 2025 by various websites and apps. The predictions are 0.07, 0.00054, 0.00013, 0.0014, 0.00007, 0.00014, 0.00017, 0.0002 and 0.000049. The Average Shiba Inu Price Prediction 2025 is 0.008 with a maximum of 0.07 and a minimum of 0.000049.
Shiba Inu Robinhood Listing Updates
- Shiba Inu’s Bullish ‘Robinhood’ Catalyst Inches Closer, But The SEC Is The Biggest Stumbling Block
- Robinhood Aparna Chennapragada Answers the Question “When Shib?”
Where to Buy Shiba Inu Coin?
Shiba Inu, the Ethereum based Cryptocurrency which is gaining with every passing day. Like most of the Alt coins, Shiba Inu has similar steps to purchase. Here are are the steps for “How To Buy Shiba Inu”:
- Finding a crypto exchange that has Shiba Inu coins listed
- Create an account with the Exchange
- Verify your identity
- Fund the Wallet
- Make the Purchase
There are several platforms where you can buy Shiba Inu. Few famous exchanges offering Shiba Inu are Binance, Crypto.com, Atomic Wallet, Voyager, SevenB, KuCoin, Public and Coinbase
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.