Shiba Saga Price Prediction 2024-2030
$SHIA was launched on Uniswap on August 22, 2023. The coin is currently trading at $0.2215 with a 24-hour trading volume of over $15 million. Thanks to the upcoming exchange listing, $SHIA could reach highs of $1 by the end of 2024. With the release of the earn while playing game, $SHIA will become a more attractive option for users. Therefore, the coin can rise to the $2 mark by 2025.
Shiba Saga is a popular new meme cryptocurrency that provides utility through the $SHIA token. In an effort to combine memecoins with real-world utility, Shiba Saga has launched an ecosystem through which token holders can enjoy staking rewards, play and earn games, and join the Metaverse.
Our Shiba Saga price prediction guide will cover the potential highs and lows of the $SHIA token from 2024 to 2030. We’ll cover the meme coin’s potential highs, explain the different use cases for $SHIA, and cover the token’s price history.
Shiba Saga Price Prediction Summary
- $SHIA launches on Uniswap on August 22, 2023. The coin is currently trading at $0.2215 with a 24-hour trading volume of over $15 million.
- Thanks to the upcoming exchange listing, $SHIA could reach highs of $1 by the end of 2024.
- With the release of the earn-while-playing game, $SHIA will become a more attractive option for users. Therefore, the coin can rise to the $2 mark by 2025.
- With the release of the staking mechanism, VR Metaverse, and burning mechanism, $SHIA has the potential to become one of the top cryptocurrencies by the end of the decade. We predict prices will hit $5 by 2030.
lowest price | highest price | |
0.5 USD | 1 USD | |
2025 | 1 USD | 2 USD |
2030 | 2.5 USD | 5 USD |
Shiba Saga Price History
Like many other dog-based meme coins, the Shiba Saga’s name was inspired by the popular “Shiba Inu” cryptocurrency. However, Shiba Saga stands out by offering a wide range of use cases and money-making opportunities within its ecosystem.
Uniswap Listing
On August 22, 2023, Shiba Saga’s native token Shiba Saga was listed on the Uniswap decentralized exchange (DEX). One of the largest DEXs in the world, Uniswap, lists thousands of new crypto tokens. In the past 24 hours, the exchange has seen trading volume of nearly $500 million.
Therefore, the new listing of $SHIA token may be beneficial for this cryptocurrency. According to Shiba Saga’s tokenomics, $SHIA’s total token supply is 10 billion. 38% of the token supply is reserved for the pre-sale. 5% has been allocated to maintain liquidity in the ecosystem.
$SHIA Price Highs and Lows
According to Statistical Coingco, the earliest recorded price of $SHIA was $0.239 per token. In the days since $SHIA traded, the same corner reached an all-time high (ATH) of $0.276. This is equivalent to a price increase of 15.4%. However, after reaching ATH, the token corrected to an all-time low of $0.2040, with the price down 26%.
As of August 24, 2023, $SHIA is trading at $0.2215 per token. That’s a 7.6% price drop over the past 24 hours. However, this kind of volatility will be common because new cryptocurrencies are just being launched. Multiple new memecoins offer huge price growth and corrections, which is what to expect for the $SHIA token in the coming weeks.
The token has a fully diluted valuation of $2.34 billion. This number is calculated by assuming that the entire 100 billion token supply is currently in circulation. Shiba Saga also has a 24-hour trading volume of over $15.66 million.
Shiba Saga Price Prediction 2024
Shiba Saga has some exciting developments in 2024 that could potentially help it become the next cryptocurrency to explode.
Currently, The token can be purchased directly through Uniswap DEX. However, new listings on some of the largest cryptocurrency exchanges will help make it more accessible. As a result, transaction volume can increase significantly, positively impacting the token price.
By early 2024, customers will also have early access to Shiba Crush, an online gaming component through which token holders can embark on exciting games and challenges. Notably, all games released on the ecosystem will utilize $SHIA to facilitate long-term staking.
One of the main components of the platform is the Shiba Game ecosystem. It’s a play-and-earn ecosystem where popular games will be renamed after Shiba characters. Users can use NFTs, compete in games and earn $SHIA tokens as rewards.
These games are expected to launch throughout 2024, so $SHIA could become a more bullish investment. Since the tokens will be used in the game, more investors may prefer to hold the tokens, which will limit circulation and help drive up the price.
By the end of 2024, we forecast a potential high of $1. This equates to a more than 4x price increase from the time of writing. Our lowest price for 2024 is $0.50.
Shiba Saga Price Prediction 2025
By 2025, Shiba Saga will have been trading in the market for almost two years. As a result, we will have a more accurate understanding of performance based on the impact of the play-and-earn ecosystem.
However, despite use cases, cryptocurrencies do not always provide returns. Token economics plays an integral role in determining the future value of a token. For example, high supply tokens have less impact on the market due to their ease of acquisition.
Cryptocurrency investors are often looking for cryptocurrencies with limited supply because demand should continue to grow. For Shiba Saga, the cryptocurrency has a limited supply of only 10 billion tokens. This is far less than the supply of other meme coins like Shiba Inu and Dogecoin.
In addition, the ecosystem will implement buyback and destruction mechanisms. The Shiba Saga team will use a portion of the revenue generated to buy back $SHIA tokens in the ecosystem. To help keep the token supply competitive, purchased tokens will be burned. In the long run, this will help keep prices competitive.
As more games are released, and Shiba Saga’s popularity continues to grow, $SHIA’s valuation will continue to soar. The coin could cross the $2 mark by the end of 2025.
Shiba Saga Price Prediction 2030
By the end of the decade, Shiba Saga could become one of the most popular meme tokens in the space. Social media popularity is important for any coin to remain relevant in the long run.
Although it is a brand new project, Shiba Saga has already established a large customer base. Shiba Saga’s Telegram channel follows closely with over 15K people. Therefore, token holders want to stay informed about project updates by following social events. Shiba Saga also has over 13K Twitter followers.
Another factor that determines the price of a token in the long run is the opportunity to generate revenue. For example, many meme coins are true due to their limited use cases. However, Shiba Saga offers huge earning opportunities within its ecosystem.
In the future, token holders can stake $SHIA to earn passive income and new NFT collections. As the number of staked tokens increases, the reduction in circulating supply will help $SHIA become a more valuable cryptocurrency.
By 2030, Shiba Saga will establish the Shiaverse - its own metaverse where players can play and earn rewards. Shiaverse is expected to launch at some point in the future and is one of the major parts of the project's ecosystem.
According to McKinsey & Company, the Metaverse will be worth up to $5 trillion by the end of the century. Shiba Saga wants to ensure that it is part of this space and is committed to providing customers with exciting gameplay that will appeal to both crypto and non-crypto investors.
Our 2030 price forecast for Shiba Saga is $5, which would represent an increase of over 2,170% from current levels. We predict that $2.50 will be the lowest price at this time.
Shiba SagaPossible Lows and Highs for Price
The table below shows the potential highs and lows for popular cryptocurrencies from 2024 to 2030.
year | lowest price | highest price |
2024 | 0.5 USD | 1 USD |
2025 | 1 USD | 2 USD |
2030 | $2.5 | $5 |
What is Shiba Saga and what is it used for?
As mentioned previously, Shiba Saga is a meme cryptocurrency that offers a range of use cases and revenue generation opportunities by leveraging the $SHIA token. The main purpose of Shiba Saga is to provide users with a platform that offers engaging gameplay and the opportunity to earn financial rewards.
The Shiba Saga ecosystem will include several popular games renamed after Shiba characters. Some of the rebranded games will include Subway Surfers, Temple Run, Angry Birds, Crossy Road and Flappy Bird.
Shiba Saga promotes these games under a "play and earn" ecosystem, rather than playing and earning. This is because most of the best P2E games don't focus on gameplay. Users will be able to access a starter pack within the Shiba Saga environment, which contains a range of NFTs. By making the platform free to play, Shiba Saga doesn't limit its audience.
In the ecosystem, players will be able to use their tokens to join the game and also receive huge rewards. Following the release of the Shiba Saga gaming platform, the platform will begin development of a full-fledged VR metaverse called the Shiaverse.
You can collect NFTs that will come to life in the metaverse, participate in social hubs, and play games. Shiaverse will also feature user-generated content and promote multiple GameFi events.
Benefits of Shiba Saga Platform
The following section will introduce some of the benefits of this cryptocurrency.
Staking Rewards and Governance
$SHIA is one of the few meme tokens that offers real use cases and rewards in the ecosystem. One of the attractive features of the platform is the staking mechanism. By joining the staking platform, users can lock up their $SHIA tokens and generate passive income.
Rewards earned through staking include $SHIA tokens and exclusive in-game and community collectibles. Notably, staking $SHIA also gives token holders governance rights in the ecosystem. The greater the number of tokens staked, the higher the voting power they receive in the ecosystem.
Deflationary Token Economics
Meme tokens often face criticism for offering large token supplies, which reduces the value of the project. The total supply of $SHIA is only 100 billion tokens, and this amount will decrease in the long run. This depends on the ecosystem’s buyback and destruction strategy.
Part of the revenue generated by non-crypto users through advertising and in-app purchases will be used to buy back $SHIA tokens. In order to maintain a competitive price floor, these tokens will be burned on the ecosystem.
As the burning mechanism kicks in, circulating supply will decrease, which will help $SHIA prices rise as demand increases.
What factors will affect the price of Shiba Saga?
Let’s take a look at some factors that may affect Shiba Saga prices in the future.
Limited Trading Volume
Any newly listed asset may face trading volume issues during its initial trading year. Currently, $SHIA can be purchased through the Uniswap DEX, used by millions of people around the world.
As stated in the Shiba Saga roadmap, future plans are to list $SHIA on new cryptocurrency exchanges. New listings on some of the largest crypto platforms will help reach new audiences and drive trading volumes. This can have a positive impact on the price of the token.
Volatility and Long-term Holding
Meme tokens often face high levels of volatility, which can lead to periodic price adjustments. Shiba Saga will release a staking mechanism to limit volatility, which will urge investors to hold their tokens.
The staking feature will also give token holders governance rights in the ecosystem. As a result, loyal token holders will gain autonomy in the ecosystem, which is important when developing a loyal customer base. This makes $SHIA potentially the best long-term cryptocurrency token.
Is Shiba Saga worth buying?
As with any meme token, there is no guarantee of a return on your investment. However, Shiba Saga stands out from its competitors because of its useful features and the project’s attractive token economics.
The platform will be used by non-cryptocurrency and crypto players alike as it will host a range of exciting games, NFTs and VR metaverse experiences. Since $SHIA is at the center of the ecosystem, the token’s valuation will grow as the ecosystem thrives.
To address issues such as volatility, Shiba Saga will also provide governance rights and staking interests, which will facilitate long-term holdings. Finally, the platform also implements a buyback and burn mechanism, which helps strengthen the token’s value.
Investors with a high risk tolerance may want to acquire $SHIA at an early stage before its potential explosive growth in the coming years.
Conclusion
Our Shiba Saga price prediction guide estimates the potential future of the $SHIA token over the next decade. $SHIA stands out from other memecoins because it offers an earn-while-playing ecosystem, upcoming metaverse environments, and staking benefits.
All these features could help the coin gain momentum and reach potential highs of $5 by the end of 2030. $SHIA has just been launched on Uniswap DEX, trading at $0.2215 per token. By the end of the year, the price could surge to $0.50.
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