The $1 mark is a milestone for multiple networks in the cryptocurrency market. A range of assets have been striving to reach this level for some time, and it remains a dream for many. The Shiba Inu (SHIB) community has been ambitious and expects the meme coin to soar to highs of $1. However, the real question is how long it will take for the asset to reach this price level.
Find out the current price level of Shiba Inu
The Shiba Inu market has had a lackluster week this week. The meme coin has lost 6.14% of its value over the past few days. At the time of writing, SHIB is trading at $0.00002592, down 5% over the past 24 hours.
The Shiba Inu market has seen significant growth over the past year. During this period, the meme coin surged by 166%. Despite the increase in SHIB, it is still 70% lower than its all-time high of $0.00008845. Additionally, to reach $1, the meme coin must rise by 3,857,276.12% from its current price level.
Will $1 become a reality?
According to data from Telegaon, Shiba Inu is one of the meme tokens that could last until 2050. In 2050, the average price of Shiba Inu could be $0.89. Many cryptocurrencies, including SHIB, have the potential to reach all-time highs this year.
If current performance continues, the highest price for the SHIB token in 2050 could be around $1.06. If a bull market occurs in 2050, SHIB could surge and exceed our price prediction. Conversely, if the market declines, the lowest price for Shiba Inu Coin in 2050 could be around $0.62.
Although waiting for meme coins may take a long time, investors must be patient for nearly 25 years.
