Shiba Samurai Price Prediction 2024 – 2030

The popularity of meme coins like Dogecoin and Shiba Inu led to a surge of similar cryptocurrencies aiming to achieve the same success. While a few made it, many did not—such as Shiba Samurai, which was a hopeful cryptocurrency on the Ethereum blockchain. It launched in late 2021 but struggled to gain traction in 2022 and 2023.

Shiba Samurai (SHIBURAI) took the “Doge” look and added NFT features, DeFi functions, and more. It had several innovations that helped it. In this guide, we will explore a possible price prediction for Shiba Samurai. We discuss the project’s potential if it makes a comeback, with news on Twitter suggesting it is returning. We also examine the factors that could affect the price of this possibly defunct cryptocurrency.

Shiba Samurai Coin Price History

Before we go into what lies for Shiba Samurai – if it relaunches and becomes a real project, that is – we need to take a step back and find out where it began. Shiba Samurai is a dog crypto that takes “Doge” aesthetics and gives them a “samurai” finish. And just as you can imagine, the game’s primary function was not to come up as a memecoin but as a utility token.

Memecoins have always banked upon the social media hype to gain a price hike. For instance, whenever Elon Musk has mentioned Dogecoin on Twitter, the price of that memecoin has seen an uptick by 70 to 80%. However, those pumps have often retraced quickly since DOGE has no utility to ensure longevity.

Shiba Samurai was originally envisioned to deal with this issue. It is a community-backed NFT platform that focuses on Shiba Inu inspired NFTs, which are mostly 3D assets to be used as customization for video game collectors. According to the original whitepaper, Shiba Samurai implemented many positive features before being listed on several crypto exchanges.

These changes included:

1. The Dynamic Access Fund: It utilized the fee earned from the token transactions to create a fund that will then be used as a way to reward the community members with Shiba Samurai tokens.
2. Shiburai DAO: The project also sported a Decentralized Autonomous Organization (DAO) at one point. It would have allowed the community members to vote on several aspects of the project’s development and how the token Dynamic Access funds would be used.
3. Shiburai Armory: It was a full-fledged DeFi platform that would have allowed community members to lock their crypto assets and earn interest.
4. Deflationary Liquidity Accelerator: That was a unique way for the Shiba Samurai ecosystem to burn the tokens and control the price. Unlike the standard burn mechanism in which tokens are sent to an inactive address. Here, the ETH/Shiburai pair would have been separated, with the ETH going to the Automated Market Maker and Shiburai going into LP to be withdrawn by the holder. It was a transcendence mechanic that would have increased the scarcity of the token while increasing the ratio with the paired ETH.

Due to these factors, the token pumped fast after it arrived. It rose to $26.3 but then dropped to $0.61 shortly after. The price trendline was straight for a time before a steep uptick, and then there was a major increase in February 2022 when the price of this token hit $23.88. However, it was short-lived because a steep correction happened later before the token started to trend sideways in the $0.23 range.

The token pretty much disappeared after the retrace, and the CoinMarketCap charts show it creating a straight line. Furthermore, as we dove further into its daily charts, we found only a little volatility – indicative of little action that is highly likely by the developers themselves. These aspects make buying Shiba Samurai a rather bad idea.

Shiba Samurai is no longer being tracked by CoinMarketCap.

Shiba Samurai Price Prediction 2024

Shiba Samurai had mentioned that it will be planning to make a comeback with a new whitepaper, 70% less total token supply and a new version of the transcendence token burning mechanic. While this had initially created some hype around the project, investors were quick to realize that all these claims may not actualize anytime soon, which caused prices to keep falling. As a result, the project that was initially considered one of the most promising cryptocurrencies began tanking continuously.

With such negative press surrounding the token along with little to no marketing, it would make sense to think that the project would keep moving in the downward direction. Our experts suggest that SHIBURAI’s price may end up in the $0.02 range by the end of 2024. This seems to be the most likely scenario given the fact that the Twitter account for the project along with the website is now inactive.

Shiba Samurai Price Prediction 2025

Shiba Samurai may be a dead coin at this point, but one cannot deny the fact that memec oins end up shooting up in value as soon as the market starts booming. We are betting that many developments in the crypto ecosystem will happen by the end of 2025. Ethereum’s upgrades would be up and running, other memecoin projects would have more utility, and we will have a more competitive P2E ecosystem.

If this happens, then we expect Shiba Samurai to increase in price – provided that it relaunches and has the right community backing. It will also depend on whether the project can hit the ground running after the relaunch. If that happens, the project would be several years old at that point, and could finally be listed on major crypto exchanges – although that’s not a guarantee.

Due to a combination of those factors, the price of Shiba Samurai might reach up to $0.7 by the end of 2025. That said, these are based on speculations and hope that the project’s revival rumours turn out to be true.

Shiba Samurai Price Prediction 2030

While the project’s limited utility makes it an uncertain and volatile investment, the fate of the token may change if Shiba Samurai includes more use cases in the coming years. One space which has been emerging in the last few years is NFTs.

The Shiba Samurai project aims to feature in-game NFTs, consisting of samurai attire, katana, and a Kabuto – ceremonial warrior mask for samurais. According to the project developers, these NFTs are said to be part of a multiplayer survival game. If this ecosystem is launched in the coming months, the token may experience an increase in trading volume.

Such use cases can help the token reach new highs. Our 2030 price prediction for Shiba Samurai Coin is set at $1.

Potential Highs and Lows of Shiba Samurai Coin

The table below shows a complete overview of what our experts think about when making Shiba Samurai price predictions. If you’re holding out hope that the project will be revived and would have to invest in it due to its strong fundamentals, going through this table will be fruitful for the long term.

What is the Use Case of the Shiba Samurai Coin?

Shiba Samurai has been advertised as a community-backed coin with many utilities. Here are the three main utilities of the Shiba Samurai token.

As a Governance Token

Shiba Samurai could be a governance token on Shiburai DAO, the decentralized autonomous organization designed to manage the ecosystem. All members of the DAO are part of the Shiburai Clan – the official name given to the Shiburai Community. As a governance token, Shiba Samurai can be used to vote on the future of the project and how the DAF (Dynamic Access Funds) are used.

NFT Integration

Perhaps the only working website available related to Shiba Samurai is the Shiba Samurai NFT page. The devs are planning to use Shiburai as a currency to buy NFTs. However, at the time of writing, ETH is being used as the currency. These non-fungible tokens are in-game assets to be used in a multiplayer P2E game. Not much information about the game has been provided so far. And whatever video clips we see have not received much traction from the community.

Holding

Despite not being listed anywhere at this moment (even smaller altcoin exchanges), the token still has value. It could drop to zero at any point though – Uniswap displays warnings of its low liquidity.

If you do decide to buy SHIBURAI on Uniswap, you could hold it to see whether our Shiba Samurai price prediction plays out however it would be very high risk – we recommend a safer meme coin option further down in this guide.

What are the Factors Driving the Price of Shiba Samurai?

Shiba Samurai’s limited exposure on social media and the fact that there is only sparse information available about the token makes it very difficult to discern the factors driving this crypto’s price. That said, if we go by its current whitepaper, we identified three points that influence this crypto’s price.

Innovative Fundamentals

As far as the whitepaper is concerned, the project does claim to be innovative. And that’s a crucial factor behind its price movements. For instance, the Dynamic Access Funds is a way to maintain liquidity on the platform and reward the holders.

Similarly, the unique Transcendence burn mechanic that was envisioned to increase SHIBURAI’s ratio to Ethereum while limiting the supply is another matter that might have had a profound impact when the cryptocurrency became available for a limited time.

NFTs

The project’s latest NFTs, although available only in limited quality, also shows some promise. These in-game NFTs are part of a P2E ecosystem – a multiplayer survival game – which makes them an exciting investment for those bullish about blockchain gaming. That said, there is not much information about the NFTs besides the limited text available on shiburaimints.app.

Uniswap Trading Volume

The whitepaper and the official YouTube channel of Shiburai suggest that the token was available on Uniswap at one point and appears to still be – but warning messages are displayed. As one of the best DeFi exchanges, Uniswap’s trading volume could help to pump the token’s price.

Is Shiba Samurai a Good Crypto to Invest in 2024?

Now that we have discussed Shiba Samurai, from what it represents to what it could have been to what it can become if it returns, it is time to answer one final question. Is Shiba Samurai the best cryptocurrency to buy in 2024?

The answer is a resounding no. For one, this cryptocurrency is defunct, and many are saying that it is dead. And all speculations we have made about this token are based on if the token returns (or is real). Therefore, you’re better off looking for alternatives.

Wall Street Memes

Wall Street Memes, a memecoin, has been experiencing a surge in popularity due to its substantial social media following of over 1 million followers. The project drew inspiration from the original Wall Street Bets subreddit channel, although it is not affiliated with the actual Reddit entity responsible for the GameStop short squeeze. Despite this, Wall Street Memes quickly gained momentum and amassed a large following. The developers also launched a successful NFT project called Wall St Bulls, which sold out within minutes of its release some time ago.

Despite having no real utility, the project has managed to gain a massive following and a number of investors, which is impressive given the current market condition. At present, Wall Street Memes has already raised over $6.4 million, indicating potential for significant gains once it officially launches and becomes listed on well-known exchanges.

Shiba Samurai Price Prediction – Conclusion

We have taken a detailed look at the Shiba Samurai cryptocurrency and have commented on its prospects. You also know that the project’s future will depend upon its relaunch. Therefore, if you’re looking for a project with better fundamentals and potential, you should make a decision right now.

Wall Street Memes is among the best projects to pick during the current market. It is making big waves, and its presale is about to close its doors. So if you are looking to invest in some good memecoins, then ensure that you make the right choice and do your due diligence to avoid losses.

Wall Street Memes (WSM) - Newest Meme Coin

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