Shiba Inu (SHIB) is forecasted to hit $0.02 someday, and according to Telegaon, here is a possible timeline for the token to hit this record.
That Shiba Inu (SHIB) is destined for greatness is a long-held belief, at least for members of the ShibArmy. Early backers of the token have seen it grow from its All-Time Low (ATL) of $0.00000000008165 to the current price of $0.00001007, a growth that is more than 12,000,000%.
Having achieved such an impressive feat, the expectation that the token can grow from its current level to $0.02 is high. Telegaon helps resolve this with its ambitious prediction for Shiba Inu.
Shiba Inu to $0.02: Here’s When
In Telegaon’s projection, the fact that Shiba Inu is evolving beyond its meme status is a big boost for its future ambitions. The platform reflected this sentiment as it foresees SHIB’s price soaring to a minimum high of $0.0000121 before the end of this year.
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The platform projects the price of SHIB will climb steadily year-on-year, and by 2028, it will trade at a minimum price of $0.000207. The same year, Telegaon believes Shiba Inu will hit a high of $0.000312 to reaffirm its belief that the altcoin will keep growing.
The breakout year for SHIB to touch 2 cents is between 2030 and 2040. According to the forecast, SHIB might trade at a high of $0.000712 in 2030, and by 2040, the minimum projected price is $0.054.
Preparing for the Mega Run
While time can make many things clear, the team behind the Shiba Inu ecosystem is doing all it can to prepare the token for the impressive rally ahead. One of the ways it is doing this is through Shibarium.
The team is planning an enhanced burn mechanism for Shibarium that can help amplify the deflationary moves of SHIB in general. Though speculative, the future of Shiba Inu is bright, and major proponents are ready to ride this wave to the end.
Shiba Inu now trades for $0.00001007, with a 6.71% drop over the past 24 hours. The cryptocurrency had observed a massive upsurge that saw its price soar to a high of $0.00001183. However, the recent price action represents a correction from the previous rally.
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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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Source: https://thecryptobasic.com/2023/12/19/shiba-inu-to-0-02-heres-the-potential-timeline-in-view/?utm_source=rss&utm_medium=rss&utm_campaign=shiba-inu-to-0-02-heres-the-potential-timeline-in-view