If the price of Shiba Inu grows modestly by 30% annually, it could reach the ambitious target of $0.001 within the next few years.
2025 has been a bearish year for Shiba Inu, with SHIB’s price crashing by 46.5% year-to-date. The token experienced its largest price dip in February, when its value declined by 26.1%.
Mixed Reactions About Shiba Inu Surge to $0.001
Following Shiba Inu’s underperformance this year, many have questioned the token’s ability to reach the ambitious milestone of $0.001. However, the $0.001 forecast has gained popularity within the Shiba Inu community. Several market commentators are suggesting that the target is within SHIB’s reach.
In September 2024, market commentator LuckSide Crypto
highlighted
factors such as strong whale activity and minimal upside resistance as catalysts that could push SHIB’s price to $0.001.
The following month, after SHIB broke out from a descending triangle chart pattern, chartist Crypto Sheriff
predicted
that Shiba Inu was on track to hit three price targets, culminating at $0.001.
Meanwhile, an analysis by
The Crypto Basic
outlined
two major factors, including the token's hefty supply, that could hinder SHIB from clinching the $0.001 target.
Can SHIB Hit $0.001
Currently, Shiba Inu is trading at $0.00001130, down slightly by 2.04% over the past 24 hours. To reach $0.001, SHIB would require a massive rally of approximately 8,749% from its current price. This would eliminate two leading zeros and set a new all-time high.
While the $0.001 price target may seem highly ambitious, it is not entirely impossible for Shiba Inu to reach it, especially if it grows by 30% annually. However, it could take a considerable amount of time for SHIB to attain this target from its current level.
Notably,
The Crypto Basic
explored the timeline for when Shiba Inu could hit $0.001, assuming its price grows 30% annually starting in 2025. As mentioned earlier, Shiba Inu is currently down 46.5% year-to-date. However, there is still a chance for a rebound, particularly by October, which historically has an average growth rate of 213%.
Timeline for SHIB’s Surge to $0.001 If It Grows 30% Yearly
If Shiba Inu grows by 30% annually, its price will rise to approximately $0.00001469 by July 2026. Assuming this growth rate continues, SHIB’s price could reach $0.00002482 by 2028.
Maintaining a 30% annual growth rate until 2030 would see SHIB hit around $0.000042. By 2034, it would breach the $0.0001 psychological barrier, reaching roughly $0.0001199.
This consistent 30% annual growth would push Shiba Inu’s price to approximately $0.000579 by 2040, increasing further to around $0.000978 by July 2042. Notably, SHIB is expected to reach the ambitious target of $0.001 by August 2042, exactly 17 years and one month from today.
Other Experts’ Timelines for SHIB to Reach $0.001
Meanwhile, experts at Changelly speculate that Shiba Inu could hit the $0.001 target sooner. According to Changelly’s forecast, the $0.001 price could materialize between 2035 and 2039. However, Telegaon indicated that SHIB could reach the $0.001 price milestone by 2035.
Shiba Inu Price Prediction Telegaon
Shiba Inu Price Prediction Telegaon
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