The 1 Cent dream is still alive and thriving, as most investors want Shiba Inu to break this milestone. The token boasts 1.4 million holders worldwide, with new investors joining this trend every year. SHIB remains one of the most popular cryptocurrencies on the market, as it can be purchased for less than one cent. Affordability is attracting investors to this token because it is a low-hanging fruit that can be won.
SHIB eliminated six 'zeros' from 2020 to 2021 by increasing 45,000,000% (45 million percent) annually. However, its price is currently stuck with four zeros and has not been able to eliminate any zeros for the past three years. Its price remains unchanged and cannot break the all-time high of $0.00008616. It reached its ATH in October 2021 and surged 1,000% in the same month, becoming the highest-performing cryptocurrency of the year.
Shiba Inu: Investors Will Age While Waiting for SHIB to Reach $0.01
Shiba Inu is currently trading at $0.00002 and has struggled to eliminate zeros for the past three years. No price prediction company has forecasted that SHIB could reach the $0.01 milestone in the next two to three decades. Estimates suggest that the maximum it could achieve is $0.0001 or $0.001 in the coming years and decades.
Therefore, the likelihood of current investors aging with the hope of SHIB reaching $0.01 is greater than the chance of the token actually achieving that level. The leading price prediction company and on-chain metrics provider CoinCodex has forecasted that the maximum SHIB could reach by 2050 is $0.001.
That is an increase and return on investment (ROI) of about 4,400% compared to the current price of $0.00002. In summary, an investment of $1,000 could turn into $45,000 if the forecast is accurate. The dream of SHIB reaching $0.01 and turning a millionaire into reality may never come true.
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