Shiba Inu is currently trading at five “zeros” on the chart and is struggling to scale the index. Most investors took positions on SHIB hoping that it would delete the “zeros” and reach the $0.01 mark. However, the dog-themed token has caused unease as its price has gone backwards instead of forwards. So, when will Shiba Inu start deleting the “zeros” and bringing profits to investors?
In this article, we will focus on when SHIB is likely to remove 2 “zeros” and reach its target of $0.0001.
Shiba Inu: When will SHIB reach $0.0001?
The only purpose of investing in SHIB is to see it delete the "zero" and generate financial returns for its holders. Most investors are looking at the long term and are at peace with the time it will take to reach 1 cent.
Gov Capital, a leading on-chain metrics and price prediction company, paints a bullish picture for SHIB over the next three years. According to the price prediction, Shiba Inu may remove 2 “zeros” and reach a price of $0.0001 in July 2026. Three years from today, the return on investment (ROI) will rise, with a return on investment (ROI) of about 1,350%.
Therefore, a $1,000 investment made today when SHIB is at the $0.000007 level could earn you $14,500 when Shiba Inu deletes two “zeros” and reaches $0.0001, representing a 1,350% return on investment.
Nonetheless, there is no guarantee that SHIB will be able to reach $0.0001 in the next three years. The cryptocurrency market is highly volatile and can move in both directions, resulting in losses. It is recommended that you do your research before entering a position at SHIB's current level.
At press time, Shiba Inu is trading at $0.000007, up 0.6% in 24-hour trading. However, SHIB is down nearly 92% from its all-time high of $0.00008616 reached in October 2021.