Forbes has updated its price prediction for the Shiba Inu token and provided a new forecast on Tuesday. The latest and updated forecast for SHIB touches the timeline of 2025 till the end of the decade until 2030. This gives an insight into how high or low SHIB could trade in the charts in the next six years. Investors can make wise decisions before entering the token with the price estimates.
Also Read: Shiba Inu: What Will SHIB Be Worth in 2025?
The latest price prediction for Shiba Inu remains slightly bullish but not at terms with delivering life-changing gains. SHIB investors are hoping to make transformative changes which include the token touching the $0.01 mark. This over-the-top prediction remains out of the picture as no forecast from Forbes indicates SHIB could reach the 1-Cent mark.
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SHIB: Forbes Provides New Price Prediction For Shiba Inu
According to a new price prediction from Forbes, Shiba Inu could trade with three zeroes sometime in 2029. The forecast estimates that SHIB could reach a high of $ 0.000161 in the next five years and touch the target in 2029. Shiba Inu is currently trading at $0.00001631 and needs to spike roughly 900% from its current price to reach the estimated target.
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The new price prediction from Forbes for Shiba Inu is as follows:
2025: $0.00007488
2026: $0.00003375
2028: $0.00004870
2029: $0.000161
2030: $0.00006398
The forecast suggests that SHIB could fall dramatically in 2030 and get back to trading with four zeroes in 2030. If the 900% spike in 2029 by Forbes turns accurate, then an investment of $10,000 could turn $100,000. There is no guarantee that Shiba Inu will skyrocket 900% by 2029.
Also Read: Shiba Inu: SHIB To Surge 400%, Trade At $0.000081, Analyst Predicts
The cryptocurrency market is extremely volatile and cuts both ways delivering massive losses to investors. It is advised to do thorough research before taking an entry position into SHIB for both the short-term and long-term.