Will Shiba Inu Price Reach $1 in the Next 30 Days?

While Shiba Inu Price is showing early signs of recovery, a massive rally would be needed to hit this milestone.

Prasanna Peshkar

Prasanna Peshkar

Shiba Inu Price Prediction
Categories: CryptoShiba Inu

Shiba Inu (SHIB), one of the most popular meme coins, has seen wild price swings in the past, but its dream target of $1 per token remains a far-fetched milestone. With the current price sitting at $0.00001279, the token would need an astronomical rally to reach the $1 mark within 30 days. However, traders and investors continue to speculate whether a parabolic surge could take place, especially if market conditions align in its favor.

With Shiba Inu showing early signs of recovery after a prolonged downtrend, many wonder if this could be the beginning of a major breakout or just a temporary relief rally. The latest RSI (Relative Strength Index) sits at 39.85, suggesting somewhat oversold conditions, while the MACD (Moving Average Convergence Divergence) shows a slight improvement, hinting at possible bullish momentum building up. The question remains—can SHIB defy expectations and reach $1, or is this an unrealistic target?

Shiba Inu Price Prediction: What Would It Take for Shiba Inu to Hit $1?

Shiba Inu Price Prediction
SHIB/USD Daily Chart- TradingView

For Shiba Inu price to reach $1, the token would require a mind-blowing rally of over 7,800,000% from its current price. This kind of price explosion has never been seen in any major asset within 30 days, making it highly unlikely in such a short timeframe.

For SHIB to get anywhere near this level, several factors would need to align. A massive burn mechanism would have to be implemented, drastically reducing the token’s circulating supply. Currently, Shiba Inu’s supply sits at nearly 589 trillion tokens, which makes a $1 valuation impossible unless the supply shrinks dramatically. Additionally, institutional adoption, extreme retail hype, and a major influx of new investors would be necessary to drive exponential demand.

Even in previous bull runs, Shiba Inu’s biggest surge only saw it increase by a few thousand percent over months, not millions of percent in a few weeks. While long-term holders may still dream of this milestone, in the next 30 days, the likelihood of SHIB reaching $1 is virtually zero.

Can SHIB See a Short-Term Breakout Instead?

While $1 is unrealistic, Shiba Inu price still has potential for a short-term rally, given its current price structure. After weeks of downward pressure, SHIB price is attempting to hold support around $0.000012, and if buyers regain confidence, a breakout toward $0.00002 or even $0.00003 is possible.

The RSI at 39.85 suggests that selling pressure has weakened, and SHIB could soon enter a recovery phase. The MACD line is also flattening, which indicates that bearish momentum is losing strength. If SHIB can reclaim $0.000014-$0.000015, this could confirm the start of a trend reversal.

If Bitcoin and the overall crypto market recover in the coming weeks, Shiba Inu could benefit from positive sentiment, leading to a 50-100% gain in the short term. However, for a bigger breakout, SHIB would need massive whale accumulation, renewed hype, and potential announcements related to Shibarium or token burns.

Shiba Inu Price Prediction: What Is the Price Prediction for Shiba Inu in the Next 30 Days?

Given current market conditions, a realistic target for SHIB price in the next 30 days is $0.000015 to $0.00002 if bullish momentum strengthens. However, if selling pressure continues, SHIB could revisit $0.000010 or lower, extending its bearish trend.

In a bullish scenario, where SHIB successfully breaks above $0.000014 and Bitcoin maintains strength, a rally toward $0.00002-$0.000025 is possible. A meme coin rally driven by retail FOMO (fear of missing out) could accelerate gains, but a $1 price target remains impossible within this timeframe.

In a bearish scenario, if SHIB fails to reclaim key resistance levels and Bitcoin drops below $60,000, Shiba Inu could retest $0.000010 before finding a new accumulation zone.

Should You Bet on a SHIB Rally?

While Shiba Inu remains one of the most recognized meme coins, expecting it to reach $1 in the next 30 days is completely unrealistic. The current market structure and supply dynamics do not support such a move, making it mathematically impossible.

However, short-term gains of 50-100% are within reach if SHIB can sustain its recovery. Traders looking for a high-risk, high-reward opportunity may find potential in short-term trades, but long-term investors should manage expectations and focus on gradual growth rather than impossible price targets.

In the coming month, watch key resistance levels at $0.000014 and $0.00002 to determine whether SHIB can break out or if further downside is likely. While a $1 SHIB remains a meme-driven dream, traders can still take advantage of realistic price movements in the short term.

Prasanna Peshkar
Article By

Prasanna Peshkar

Prasanna Peshkar is a seasoned writer and analyst specializing in cryptocurrency and blockchain technology. With a focus on delivering insightful commentary and analysis, Prasanna serves as a writer and analyst at CryptoTicker, assisting readers in navigating the complexities of the cryptocurrency market.

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