There are no upcoming predictions for SHIB due to missing data that's needed for generating predictions.
To predict prices, we're using a machine learning model known as long short-term memory (LSTM). We've trained the model with information from our API's Aggregated OHLCV Candles endpoints, which provides daily prices for thousands of cryptocurrencies. Predictions are only generated in USD.
The current 30-day mean error rate for Shiba Inu is 13.52%.All prediction data is provided for entertainment purposes only and should be taken at your own risk. Learn more
Over the last 7 days, the price of Shiba Inu has changed by an unknown amount. .
Today's trading volume is the same as yesterday.
Please keep in mind that these price predictions should not be taken as trading or investment advice. Investments and trading in cryptoassets involve substantial risk of loss and is not suitable for every investor.
Nomics tracks market volume for each asset across a number of exchanges, with data from unknown exchanges being used to generate our current SHIB price. We then apply calculations explained above to help with the predictions used on this page.
The Shiba Inu price today is $0.00001257
The highest recorded Shiba Inu price was $0.00007959 on 10/27/2021.
SHIBA INU is an ERC-20 token named after the breed of Shiba Inu dog, which is the mascot of the community. It is one of the joke coins available on the cryptocurrency market at present. The tokens are referred to as Meme Coins on the official website of the platform.
The Shiba Inu project was launched in August 2020. The founder of the project under the nickname Ryoshi has selected the Ethereum blockchain because it’s well-reputed and more decentralized in comparison with other networks hence it’s safer.Learn More →
Most commonly referred to as a meme coin, like many cryptocurrencies with such a label, the price of Shiba Inu has been volatile since its August 2020 launch.
October 27th of 2021 was a big day in the history of the asset, with prices reaching a then all-time high of $0.000079, and trading volume for the day surpassing $12Bn.
Writing this in July of 2022, a zoomed-out look at SHIB’s price chart shows a rapid and then more steady decline since then, making predicting the future of the cryptocurrency a lot more difficult.
On one hand the current price is far from its previous high, meaning it technically has the potential to get back there (and beyond). On the other hand, investors can lose confidence in an asset if it has had such a fall in price, though Shiba Inu’s fall is in line with what is happening elsewhere during this “crypto winter”.
Another cryptocurrency that might be smart to monitor is Dogecoin, which was the inspiration for Shiba Inu (and an asset we have a prediction page for as well). Their sharp rises and declines aren’t too dissimilar, and as DOGE is also strapped with the ‘meme’ label, it rising might signal potential for SHIB to do the same.
Predicting the price of cryptoassets so far into the future is an almost impossible task. This applies to Shiba Inu and any other cryptocurrency we have predictions for.
While many people are curious about our data here, right now we don't have any predictions for 2025, though we are considering updating our predictions algorithm to make forecasts that are further out. We would love your feedback, so if such a prediction is something you would like—even just for entertainment purposes—please let us know via Twitter or email.
For now we are sticking to short-term predictions in order to increase the accuracy of where we see an asset price heading.
The further out a date, the more likely it is that our prediction is inaccurate. While it would be fun to look at price predictions for 2030 or even 2050, we think that would be taking things a little bit too far.