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Analysts Discuss SHIB Reaching $0.005, $0.025, or $0.5? Here Are Projected TimelinesShiba Inu (SHIB), the popular meme coin, has experienced significant price volatility recently. Despite a substantial drop of over 15.94% in the past week, SHIB is still performing better than in 2023 and most of 2022. This begs the question: can Shiba Inu maintain its momentum and reach ambitious price targets like $0.005, $0.025, or even a mind-blowing $0.5?
At the time of press, Shiba Inu (SHIB) is trading at $0.00002294, showing a 4.72% decline over the past 24 hours. Several prominent analysts and AI forecasters have weighed in on the possibility of SHIB achieving these lofty targets, offering various timelines.
The Path to $0.005
Analysts at Changelly believe SHIB will not reach $0.005 anytime soon. They believe SHIB will reach this target by March 2040, setting a minimum price of $0.00508, an average price of $0.00545, and a maximum price of $0.00618.
ChatGPT has a similar timeline, predicting that Shiba Inu (SHIB) will reach this price by 2038. It believes the meme coin will need strong fundamentals and widespread adoption.
However, Google’s AI, Gemini, offers a more conservative outlook, setting a target of 2050 for SHIB to reach $0.005.
Can Shiba Inu (SHIB) Reach $0.025?
A Shiba Inu team member recently expressed confidence that the meme coin can reach $0.01, which could set it on its way to $0.025. For SHIB to reach $0.025, there is a need to eliminate three zeros from its current price.
Changelly’s analysts believe SHIB can attain this price by July s price by 2050. However, Gemini does not see SHIB reaching such a high price anytime soon.
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