On Tuesday, Shiba Inu is currently trading around $0.000017, with the chart showing a gain of nearly 2%. Bitcoin, on the other hand, is hovering around $61,054, trading down 2% on the day. Both Shiba Inu and Bitcoin are looking to climb higher in the index and bring profits to investors.
Robert Kiyosaki, author of the best-selling financial self-help book Rich Dad Poor Dad, predicts that Bitcoin's price target could reach $350,000. So, if Bitcoin reaches $350,000, what will the price of Shiba Inu be? In this article, we will provide the hypothetical price of SHIB when BTC reaches the $350,000 milestone.
If Bitcoin reaches $350,000, what will the Shiba Inu cost?
Bitcoin is currently trading around $61,000 and would need to rise by about 475% to reach its target price of $350,000. SHIB moves mostly in sync with BTC’s price and replicates its price performance in the charts.
Therefore, if Shiba Inu also rises 475% in sync with Bitcoin, its price could reach the $0.000097 threshold. This is not far from the $0.0001 mark predicted by several analysts. This also means that if SHIB reaches the $0.00009 mark, it will set a new all-time high.
Shiba Inu’s current ATH is $0.00008616, reached in October 2021. At that time it deleted six zeros in less than a year, but is now struggling to delete the fourth zero. It has been almost three years since Shiba Inu failed to delete a single zero on the charts.
Most investors are hoping that the coin will break through the 1 cent mark, giving them the profits they have been trying to achieve.
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