Crypto Gloom

Shiba Inu Price Forecast 2040 and 2050: What to Expect?

According to several price prediction models, the price of Shiba Inu is most likely to increase significantly by 2040 and 2050. If the meme coin follows Bitcoin’s price trajectory established over the past five years, SHIB could see returns of up to +10,984% by 2050. The price reaches $0.003545.

Shiba Inu is one of the most interesting cryptocurrency projects in the cryptocurrency market today, controlling a market capitalization of nearly $5 billion. Since its launch in 2020, the meme token has staged a massive rally with SHIB gaining a whopping 574,432% against the US dollar. With Rearview Mirror’s explosive growth and low price per unit, many investors are wondering how the token will perform in the long term.

In this article, we will describe different pricing scenarios for Shiba Inu and examine potential growth drivers.

2040 2050
SHIB price prediction via CoinCodex $0.000365 (+1,036%) $0.000652 (+1,929%)
SHIB price prediction (BTC past 5 years average 19.05%) $0.0006202 (+1,838%) $0.0035469 (+10,984%)
SHIB Price Prediction (S&P 500 Historical 11.13% ROI)* $0.0001924 (+501%) $0.0005528 (+1,627%)
SHIB price forecast (5% growth per year) $0.0000733 (+129%) $0.0001195 (+273%)
Based on SHIB price $0.000032 collected on March 28, 2024. Numbers in parentheses indicate price increases relative to current prices. *Price data is derived from the average return of the S&P 500 from 1973 to 2023.

Shiba Inu price forecast for 2040

According to cryptocurrency tracking site CoinCodex, the price of Shiba Inu could increase by +1,036%, reaching $0.000365. Shiba Inu price predictions are based on technical analysis data and past market trends. CoinCodex’s algorithmic SHIB price prediction for 2040 predicts that Shiba Inu will continue to grow gradually over the next few years, which could coincide with the project’s increasing token burn rate (more on this later).

Shiba Inu price forecast for 2040
Shiba Inu price forecast chart for 2040. Image source: CoinCodex

It is worth noting that Shiba Inu could easily surpass CoinCodex’s predictions. For example, Bitcoin has been growing at a CAGR of 19% over the past five years. If SHIB follows the same price trajectory, the meme token could gain +1,838% in 2040 and trade at $0.000620, which could be exceptional. Long-term cryptocurrency investment.

Shiba Inu price forecast for 2050

According to CoinCodex’s 2050 Shiba Inu Coin Price Forecast, over the next 30 years, the price of Shiba Inu could rise to $0.000652. If this scenario were to come to fruition, SHIB would trade at a whopping 19 times its current price level.

Shiba Inu price forecast for 2050
Shiba Inu price forecast chart for 2050. Image source: CoinCodex

If you think the SHIB token price prediction above is a bit optimistic, you might instead be interested in a more conservative model based on the historical growth rate of the S&P 500 over the past 50 years. If SHIB trails major stock market indices and rises an average of 11.13% annually, the price of the popular meme token would rise to $0.000553, gaining +1,627% in the process.

On the other hand, if Shiba Inu grows like Bitcoin in the past, we could see SHIB rise +10,984% by 2050, reaching a price level of $0.0035. While this price increase is certainly impressive, it is worth noting that it falls nowhere near the expectations of some investors who believe the Shiba Inu coin will reach $1,000 in the future.

Price catalyst for long-term growth of Shiba Inus

One of the most important potential price catalysts for Shiba Inu is the recently launched SHIB token burn process. This process was launched as part of the Shibarium platform in the summer of 2023. Shibarium is a layer 2 solution for Shiba Inu, making transactions faster and more efficient. It’s cheaper.

Shibarium burns SHIB as part of each transaction. Many analysts believe that over time, this will drastically reduce Shiba Inu’s high token supply (589 trillion as of March 2024) and bring deflationary pressure on the token price. It remains to be seen to what extent this may impact the value of SHIB, as it is impossible to predict how many SHIBs will be burned once the Shibarum mainnet becomes more widely used. Some investors believe that Shiba Inu could become the next cryptocurrency to explode and reach the 1 cent or even 1 dollar milestone thanks to the Shibarium burn.

Conclusion: The price of Shiba Inu Coin is very likely to explode in the future.

While it is impossible to predict Shiba Inu’s future price movements with any certainty, it is likely that Shibarium’s launch will be a success, especially as the cryptocurrency continues to gain traction among the mainstream crowd.

For more information on SHIB’s future price movements, check out our analysis of whether Shiba Inu could hit a penny in the future. Instead, if you are interested in a shorter time period, we recommend following our Shiba Inu price forecast, which shows potential price movements for periods ranging from 5 days to a year.