This writing will unveil the current status of the Shiba Inu coin in the digital market along with its forecast. From a low market price to hit an all-time high, Shiba has gone through some unforeseen stages this year. In the early months of 2021 (till July), the coin was trading with $0.000004. However, it hit an all-time high on October 27 by reaching $0.00008.

Shiba Inu Current Price Analysis

Recently, the Shiba Inu coin has been trading for $0.00003467. The coin has lowered its price in the last 30 days. The meme-based coin has dropped by 0.9% over the previous twenty-four hours and 14.9% in the last seven days.

Additionally, Shiba Inu has slipped by 10.2% in the last 14 days. It shows that the coin is struggling hard with the bearish market. In the previous thirty days, Shiba Inu has faced a decline of almost 31.5%.

However, the last one hour went so well for the coin that it finally regained its position up to 1.5%. Thus, the coin has surged almost 60812200.3% in the digital market based on the previous year’s price chart.

On Monday, December 6, 2021, the coin was bargaining with $0.00003352 at 15:04:33. It ended the day with 0.00003587 at 22:00:28. The next day, on December 7 at 01:03:46, almost at the beginning of the day, the coin hit $0.00003560. At 07:02:47, it took an upturn and reached $0.00003850. Besides, it ended its day with a reasonable price of $0.00003729.

Shiba Inu/USD Price Chart. Source: Trading View

December 8 2021 went so well for the coin as it almost maintained its price the entire day. The day commenced with $0.00003713 and ended with $0.00003721. Hence, it did not go through many fluctuations that day. Furthermore, on December 9 December 2021, Shiba took an alluring start with $0.00003658 and finished its day with $0.00003600 at 23:03:02.

December 10 did not bring much mirth for investors as the day did not go so sufficient. It initiated its day with $0.00003456 reached 0.00003615 at 19:04:04. Though, it fell to $0.00003469 at 22:03:03. Formerly, the coin’s price is $0.00003467 with a Market capitalization of over $19 Million. It is listed #12 in the digital market.

Shiba Inu Coin Price Prediction

From the current stance of the coin, one can assume that despite its prices’ decline and many fluctuations, it is the best coin to invest in.

a) Shiba Inu Price Prediction by the End of 2021

Wallet investors shared the prediction that the coin will end this year with an average price of $0.000047 and its low price of $0.000032, and the high cost of $0.000061.

b) I) Shiba Inu Price Prediction 2022 ( From January to June)

The first half is likely to be upward as the coin will reach $0.000082844 in January 2022. It will reach $0.000076984 at the end of this phase.

II) Shiba Inu Price Prediction 2022 (From June to December)

According to veteran’s economist predictions, the coin will hit $0.000082673 by 2022.

c) Shiba Inu Price Prediction 2023

Data presented by the Government capital clue up that Shiba will reach $0.00017 and $0.0000191 in the mid-year. However, by the end of 2023, it will hit $0.000249.

In a nutshell, it is evident that though Shiba has faced many ups and downs yet it is the best platform primarily for afresh investors. Verily, Shiba is expected to hit an all-time high by 2023.

Stay with us for some more current updates.

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Hamza Hayat is the Independent Onwer of Thewistle. He has multiple year of Experience in Content Management, SEO and Wordpress Development.