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Shiba Saga is a popular new meme cryptocurrency offering utility through the $SHIA token. In an effort to combine meme coins with real utility, Shiba Saga has released an ecosystem through which token holders can enjoy staking rewards, engage in play and earn games, and join a metaverse.
Our Shiba Saga price prediction guide will go through the potential highs and lows of the $SHIA token from 2023 – 2030. We will cover the potential highs for this meme coin, explain the different use cases of $SHIA, and cover the price history of this token.
Just like many other doge-based meme coins, Shiba Saga has inspired its name from the popular ‘Shiba Inu’ cryptocurrency. However, Shiba Saga stands out by offering extensive use cases and earning opportunities in its ecosystem. On August 22nd, 2023, Shiba Saga, the native token of Shiba Saga, was listed on the Uniswap decentralized exchange (DEXs). One of the biggest DEXs in the world, Uniswap lists thousands of crypto tokens. In the last 24 hours, this exchange has experienced a trading volume of nearly $500 million. Therefore, the new listing of the $SHIA token could favor this cryptocurrency. According to the tokenomics of Shiba Saga, $SHIA has a total token supply of 10 billion. 38% of this token supply was set aside for the presale round. 5% has been allocated to maintain liquidity in the ecosystem. According to the statistics on Coingecko, the earliest recorded price of $SHIA is $0.239 per token. In the few days since $SHIA has been trading, the meme coin reached an all-time high (ATH) of $0.276. This equates to a price increase of 15.4%. However, after reaching the ATH, the token corrected to an all-time low of $0.2040, a 26% price drop. As of August 24th, 2023, $SHIA is trading at $0.2215 per token. This is a 7.6% price drop in the last 24 hours. However, such volatility will be common since this new cryptocurrency has just been launched. Multiple new meme coins offer huge price growth and corrections, which is what can be expected of the $SHIA token in the coming weeks. The token has a fully diluted valuation of $2.34 billion. This number has been calculated by assuming the entire 100 billion token supply is currently in circulation. Shiba Saga is also experiencing a healthy 24-hour trading volume of over $15.66 million. Since Shiba Saga is a brand new crypto token, the token price for the rest of the year may face huge levels of volatility. Unlike other meme coins, $SHIA has multiple use cases to offer existing token holders. However, most features, including the staking mode, play and earn mode, and the metaverse, are yet to be released. Therefore, for the time being, the token price may change based on the hype and popularity surrounding the project. As is the case with most doge-based theme tokens, the price movement can be based on the performance of two of the best shitcoins in the space – Shiba Inu and Dogecoin. Shiba Inu, in particular, may offer favorable price momentum due to the launch of the Shiba-Inu based Shibarium blockchain, which will help reduce the data load and fees on the network. Once this layer-two blockchain goes live, Shiba Inu may explode in price. Therefore, other meme coins, such as Shiba Saga, may experience exponential growth in the coming months. Secondly, meme coins have been in huge demand since the start of 2023. Pepe Coin ($PEPE), a new meme token, went viral after soaring to a $1.6 billion market cap within three weeks of launch. Named after the popular ‘Pepe the Frog’ meme, this token does not offer any utility. Alternatively, Shiba Saga is building an ecosystem fueled by sustainable gaming options and revenue-earning opportunities. Therefore, $SHIA has the potential to offer insane growth before the end of the year. By the end of 2023, we predict a high of $0.5 for the $SHIA token. This will equate to more than a 2x price jump from current levels. Alternatively, due to the volatility of the crypto space, we have predicted a yearly low of $0.2 for the token. Shiba Saga has a few exciting developments in 2024 that can potentially help it become the next crypto to explode. Firstly, by the end of 2023, $SHIA will be listed on more cryptocurrency exchanges. Currently, the token can be purchased directly through the Uniswap DEX. However, new listings on some of the biggest crypto exchanges will help make it more accessible. Therefore, the trading volume can massively increase, reflecting positively on the token price. By the start of 2024, customers will also get a first look at Shiba Crush, an online gaming component through which token holders can embark on exciting games and challenges. Notably, all the games released on the ecosystem will leverage $SHIA to promote long-term holding. One of the main components of the platform is the Shiba Game ecosystem. This is the play-and-earn ecosystem where popular games will be rebranded with the Shiba character. Users can use NFTs, compete in games, and earn $SHIA tokens as rewards. These games are expected to roll out throughout 2024, so $SHIA may become a more bullish investment. Since tokens will be used in the game, more investors may prefer holding the token, which will limit circulation and help push the price upwards. By the end of 2024, we predict a potential high of $1. This equates to more than a 4x price increase from the time of writing. Our price low for 2024 is $0.5. By 2025, Shiba Saga would have been trading in the market for nearly two years. Thus, we will have a more accurate sense of the performance based on the impact created by the play-and-earn ecosystem. However, despite the presence of use cases, cryptocurrencies do not always offer returns. Tokenomics plays an integral role in determining the future value of the token. For instance, high-supply tokens create a lesser impact in the market due to the ease of availability. Crypto investors are often looking for cryptos with limited supply, since the demand should continue to grow. For Shiba Saga, the cryptocurrency has a limited supply of 10 billion tokens. This is far less than the supply of other meme coins such as Shiba Inu and Dogecoin. Furthermore, the ecosystem will be implementing a buyback and burn mechanism. The Shiba Saga team will use a proportion of the revenue generated to buy back $SHIA tokens in the ecosystem. To help maintain the competitiveness of the token supply, the bought tokens will be burnt. This will help keep the price competitive in the long term. As more games are released, and the popularity of Shiba Saga continues to grow, $SHIA will keep soaring in valuation. The token can potentially cross the $2 mark by the end of 2025. By the end of the decade, Shiba Saga could become one of the most popular meme tokens in the space. Social media popularity is very important for any token to stay influential in the long term. Despite being a brand-new project, Shiba Saga is already building up a huge customer base. Shiba Saga’s Telegram channel is followed by more than 15K people. Thus, token holders are looking to stay updated with the project updates by following the socials. Shiba Saga also has over 13K Twitter followers. Another factor determining the token’s price in the long run is the revenue-earning opportunities. For instance, many meme coins are correct due to their limited use cases. However, Shiba Saga is offering tremendous earning opportunities in 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 decrease in circulating supply will help $SHIA become a more valuable cryptocurrency. By 2030, Shiba Saga will have established the Shiaverse – its own metaverse where players can engage in gameplay and earn rewards. The Shiaverse is expected to roll out sometime in the future and is one of the main parts of this project’s ecosystem. According to McKinsey and Co, the metaverse will generate up to $5 trillion in value by the decade’s end. Shiba Saga wants to ensure that it is a part of this space and is working on offering customers exciting gameplay, which will attract crypto and non-crypto investors. Our Shiba Saga price prediction for 2030 is $5, which would be more than a 2,170% price jump from current levels. We predict $2.5 to be the minimum price by this time. The table below shows the potential highs and lows of this top trending cryptocurrency from 2023 – 2030. As mentioned earlier, Shiba Saga is a meme cryptocurrency that offers a range of use cases and income-earning opportunities by leveraging the $SHIA token. The main purpose of Shiba Saga is to provide users with a platform that offers engaging gameplay with an opportunity to earn financial rewards. The Shiba Saga ecosystem will feature multiple popular games that are rebranded with the Shiba character. Some of the rebranded games will include Subway Surfers, Temple Run, Angry Birds, Crossy Road, and Flappy Bird. Shiba Saga promotes these games under the ‘play and earn’ ecosystem rather than play-to-earn. This is because a majority of the best P2E games do not focus on gameplay. Users will be able to access a starter pack on the Shiba Saga environment, which comes with a range of NFTs. By making the platform free-to-play, Shiba Saga is not limiting its audience. Within the ecosystem, the players will be able to use their tokens to join the games and can also earn massive rewards. After the Shiba Saga gaming platform is released, the platform will start working on the fully-fledged VR metaverse, known as the Shiaverse. You can collect NFTs, which will come to life in the metaverse, and engage in a social hub and play games. The Shiaverse will also feature user-generated content and promote multiple GameFi activities. The sections below will look at some of the benefits of this cryptocurrency. $SHIA is one of the few meme tokens that offer real use cases and rewards on the ecosystem. One of the attractive features of this platform is the staking mechanism. By joining the staking platform, users can lock in their $SHIA tokens and generate passive income. The rewards via staking include $SHIA tokens and exclusive-in-game and community collectibles. Notably, staking $SHIA also gives token holders governance rights in the ecosystem. The higher number of tokens staked, the higher the voting power they receive in the ecosystem. Meme tokens often face the criticism of offering a huge token supply, which diminishes the value of the project. $SHIA has a total supply of only 100 billion tokens, which will reduce in the long term. This is down to the ecosystem’s buyback and burn strategy. A portion of the income generated from the non-crypto users via advertising and in-app purchases will be used to buy back $SHIA tokens. To maintain a competitive price floor, these tokens will be burnt on the ecosystem. The circulating supply will go down as the burning mechanism kicks in, which will help $SHIA rise in price with an increase in demand. Let’s look at some factors that can affect the Shiba Saga price in the future. Any newly listed asset can face the issue of trading volume during the initial trading years. Currently, $SHIA is available to buy through the Uniswap DEX, which is used globally by millions. As stated in the Shiba Saga roadmap, the plan for Q3 2023 is to list $SHIA on new cryptocurrency exchanges. New listings on some of the biggest crypto platforms will help attract a new audience and push up the trading volume. This can have a positive impact on the price of the token. Meme tokens often face high levels of volatility, which can lead to regular price corrections. Shiba Saga will release a staking mechanism to limit the volatility, which will urge investors to hold their tokens. The staking feature will also give token holders governance rights in the ecosystem. Therefore, loyal token holders will be rewarded with autonomy in the ecosystem, which is important when developing a loyal customer base. This gives $SHIA the potential to become one of the best long-term crypto tokens. As is the case with any meme tokens, there is no guarantee of earning a return on your investment. However, Shiba Saga stands out from its competitors due to its useful features, combined with the attractive tokenomics of the project. The platform will be used by non-crypto and crypto players since it will host a range of exciting games, NFTs, and a VR metaverse experience. Since $SHIA is at the center of the ecosystem, the token will grow in valuation as the ecosystem flourishes. To tackle issues such as volatility, Shiba Saga will also offer governance rights and staking benefits, which will promote long-term holding. Finally, the platform has also implemented a buyback and burn mechanism, which can help strengthen the token’s value. Investors with a high-risk tolerance may want to acquire $SHIA at early stages before it potentially explodes in the coming years. Our Shiba Saga price prediction guide has estimated the potential future for the $SHIA token over the coming decade. $SHIA stands out from other meme coins since it offers a play-and-earn ecosystem, an upcoming metaverse environment, and staking benefits. All these features can help the token to gain momentum and reach a potential high of $5 by the end of 2030. $SHIA has just been released on the Uniswap DEX and is trading at $0.2215 per token. The price can potentially explode to $0.5 by the end of the year. To learn more about some of the best cryptocurrency assets, check out the link below:
Shiba Saga Price Prediction Summary
Year
Minimum Price
Maximum Price
2023
$0.2
$0.5
2024
$0.5
$1
2025
$1
$2
2030
$2.5
$5
Shiba Saga Price History
Uniswap Listing
$SHIA Price Highs and Lows
Shiba Saga Price Prediction 2023
Shiba Saga Price Prediction 2024
Shiba Saga Price Prediction 2025
Shiba Saga Price Prediction 2030
Possible Lows and Highs of Shiba Saga Price
Year
Minimum Price
Maximum Price
2023
$0.2
$0.5
2024
$0.5
$1
2025
$1
$2
2030
$2.5
$5
What Is Shiba Saga and What Is It Used For?
Benefits of the Shiba Saga platform
Staking Rewards and Governance
Deflationary Tokenomics
What Factors Affect the Shiba Saga Price?
Limited Trading Volume
Volatility and Long-term Holding
Is Shiba Saga a Buy?
Conclusion
References
FAQs
What is Shiba Saga?
What is the Shiba Saga price prediction for 2023?
What is the Shiba Saga price prediction for 2030?
