Shiba Inu (SHIB) To Hit $0.001 in January-February 2025.

Shiba Inu is currently trading at the $0.000026 price level with four zeroes in the charts. The dog-themed token has been mostly trading sideways this month with little to no price outbursts. The last time SHIB surged in value was in March of this year when it skyrocketed 280% in a month.

The rise followed the Bitcoin halving event that coincided with the launch of the ETF. It’s been six months since the token rallied in the indices, and the development is testing investors’ patience.

However, leading cryptocurrency analyst Krao took to TradingView to share a chart and predicted that Shiba Inu is currently consolidating in price. The analyst forecasted that when the consolidation phase ends, SHIB could head north and delete two zeroes.

The cryptocurrency analyst Krao forecasted that Shiba Inu is on the brink of a breakout in price. The analyst provided a tentative timeline for the target of $0.001 from January to February 2025. That’s another four to five months from today and is considered a short-term holding.