Shiba Inu is currently trading at $0.00001275 and surged in price by nearly 40% in the last 30 days. SHIB is attracting heavy bullish sentiments in the indices as the token received an influx of new investments this week. The dog-themed token spiked in price after Bitcoin climbed above the $62,000 mark on Wednesday. Millions of Bitcoin profits also flowed into SHIB making its price surge in the charts.
Also Read: Shiba Inu Can Reach 10 Cents ($0.10) If This Plays Out
Now that Shiba Inu remains in the green, a leading price prediction firm has painted a rosy picture for its prospects. In this article, we will provide a price prediction on how high SHIB could trade in the next 12 months.
Shiba Inu: SHIB Could Surge By Another 300%, Claims Prediction
The Finder’s panel of cryptocurrency experts predicts that Shiba Inu could rise by another 300% from its current price of $0.00001275. According to the Finder’s panel, SHIB could sustainably scale up in the charts to reach the $0.00004930 level in 2025. That’s an uptick and return on investment (ROI) of approximately between 280% to 3000% from its current price.
Also Read: When Will Shiba Inu Reach $1?
Finders expect Shiba Inu’s value to ascent this year and be worth $0.00004930 to close out 2025. Therefore, an investment of $5,000 made today could turn into $20,000 if the prediction turns out to be accurate. While these are not life-changing gains, the profits are handsome and decent.
Also Read: SHIB Predicted To Reach 50 Cents: Here’s When
Also, the Finder’s panel explained that Shiba Inu will not replicate its 2021 bull run anymore but can only move in tandem with the cryptocurrency market. “It is unlikely to roar as it did in 2021, although it can ride the future waves of the crypto market,” said Alexander Kuptsikevich.
However. there is no guarantee that the SHIB could spike by another 300% from its current price. The cryptocurrency market is highly volatile and cuts both ways delivering severe losses to investors. It is advised to do thorough research before taking an entry position into Shiba Inu currently.