Shiba Inu gained over 14,400,000% since it first started trading in 2020, making it one of the best-performing assets in crypto history. The meteoric price growth begs the question of how far higher can the meme coin go in the future. 

In this article, we’ve outlined several different Shiba Inu coin price prediction scenarios that are derived from different rates of growth over the coming decades. We've also consulted our Shiba Inu price prediction algorithm for additional insight.

Before we dive further into potential catalysts for Shiba Inu's growth, let’s take a look at how a $1,000 investment in SHIB could fare in the future:

*Price data was calculated using a $1,000 investment at a SHIB price of $0.0000101 on December 6, 2023.
**Price data was derived from the S&P 500’s average rate of return over the past 66 years.

Shiba Inu's price history

Shiba Inu has pulled off some of the most impressive price performances in the history of crypto markets. While the coin first dipped by over 94% in its first year of trading, the price of Shiba Inu exploded in 2021, recording a massive 43,220,000% growth and hitting an all-time high of $0.00008819 in October 2021.

While the currency experienced a prolonged downturn during the 2022 crypto winter, it is still changing hands over 144,410x above its starting price. 

At the time of this writing, Shiba Inu is trading at $0.0000101. Its historical price growth has led many investors to wonder whether the meme coin can reach 50 cents or even 1 dollar. In our opinion, these price targets seem overly optimistic. However, there are clear indications that the increased rate of SHIB burns, and several other developments, could help the currency reach much higher in the future. But more on that later.

Shiba Inu pulled off one of the most amazing bull runs in crypto history in 2021.

Shiba Inu coin price prediction for 2040

There are several approaches when it comes to projecting the future price movement of a given asset. For example, if we use SHIB’s historical yearly rate of return of over 14 million percent when creating Shiba Inu price prediction for 2040, we quickly realize we end up with an absurd result ($8.03E+75T, for those wondering, which is just a comically large number and completely unrealistic).

Instead of using historical price growth that completely skews the results, we’ve taken the historical yearly rate of return of the S&P 500 Index, which is a widely used investment benchmark. Since its 1957 inception through the end of 2021, the S&P 500 stock index has returned a historic annualized average ROI of around 11.8%.

Shiba Inu coin price prediction for 2040 based on the S&P 500 historical ROI.

Based on the above parameters, a $1,000 investment in SHIB made in 2023 would grow to $6,660 by 2040. In other words, the price of Shiba Inu would increase by 560% from $0.0000101 to $0.0000667.

Let’s take a look at another scenario, which is based on Bitcoin’s historical yearly return averaged over the last 5 years of 22.27% instead. This projection is perhaps more interesting as it is rooted in the historical price performance of the leading cryptocurrency asset, which has more in common with SHIB than a stock index.

Shiba Inu coin price prediction for 2040 based on Bitcoin’s 5 yr. average annual return rate.

If we invested $1,000 in SHIB today, that investment would grow to $37,304 in the next 18 years – in other words, Shiba Inu’s price would increase by 3,630% to $0.0003767.

Shiba Inu coin price prediction for 2050

Let’s turn our attention to an even longer time scale as we’ll be looking at price prediction for 2050. 

Shiba Inu coin price prediction for 2050 based on the S&P 500 historical ROI.

When basing our Shiba Inu coin price prediction on S&P 500’s historical ROI, a hypothetical $1,000 investment in SHIB made in 2023 would grow to $22,718 by 2050. In other words, Shiba Inu’s current price of $0.0000101 would increase by 2,171% to $0.0002294.

Shiba Inu coin price prediction for 2050 based on Bitcoin’s 5 yr. average annual return rate.

If we base our prediction on Bitcoin’s historical yearly return instead, the price of SHIB could increase by 27,746% to $0.002812 by 2050. In that case, a $1,000 investment would turn into $278,585 in 28 years.

You should keep in mind that the above predictions are essentially guesses of how the price of Shiba Inu could perform in the future. While the rates chosen are rooted in the historical performances of some of the most prominent crypto and traditional assets, they should not be considered investment advice.

Examining the main catalyst for Shiba Inu’s long-term price growth

One of the leading reasons why the price of Shiba Inu could substantially increase in the future is Shibarium, a layer 2 solution for the meme coin ecosystem. Launched earlier this year, Shibarium has brought significant improvements, including lower transaction costs, faster transactions, and overall better performance.

These improvements should help non-fungible token (NFT) and metaverse use cases become more scalable over time, and potentially reach a wider range of users.

In addition, Shibarium has introduced a SHIB burn rate mechanism, where each transaction burns some SHIB. This will introduce deflationary pressure on the currency and potentially help it reach 1 cent, or even higher.

The main reason why 1 cent, 1 dollar, and similar price milestones are currently out of reach is the immense circulating supply of Shiba Inu. With a circulating supply of 589 trillion tokens, a 1-dollar Shiba Inu would command a $589 trillion market cap, which is downright impossible.

We’ll have to wait and see how big of an impact Shibarium will have on the supply of SHIB. According to the most recent reports, Shibarium Beta could be launched sometime in the coming weeks.

Shiba Inu price prediction for 2040 & 2050: More bullish activity could be on the way according to the algorithm

In the previous sections, we've primarily been focusing on projections made on the basis of other traditional and digital assets. In this section, we are going to consult our SHIB price prediction algorithm, which is specific to each cryptocurrency and takes into account investor sentiment and the cyclical nature of crypto markets.

According to our algorithmically generated Shiba Inu price prediction, the SHIB token could see some extreme volatility in the next couple of years. The price could swing as high as $0.00006886 by early 2025, or 5.9 times higher than it is today. 

On an even longer time scale, SHIB is forecasted to explode in value, with the currency gaining 2,205% by 2040 and reaching $0.000229. Going forward, the price of Shiba Inu could reach $0.000419 by 2050, which is over 41 times above the current price level.

Ultimately, Shiba Inu is projected to perform very well in the future according to our prediction algorithm, which could make SHIB a good investment.

The bottom line: Shiba Inu shows bullish promise, especially if Shibarium lives up to the hype

Making far-out predictions involves a great deal of speculation, and there is no getting around that fact. However, the launch of Shibarium and Shiba Inu’s robust community are two of the main factors why Shiba Inu could become the next crypto to explode.

If you are interested in learning more about long-term cryptocurrency price projections, make sure to check out our articles about Bitcoin and Ethereum price predictions for 2040 and 2050. If you prefer reading about high-potential traditional assets instead, give our Tesla stock price prediction article a read.