[SHIB Price Target: Timetable to Remove One and Two Zeros]
Last month, market watcher Yescas said Shiba Inu managed to remove five zeros from its price after a significant surge.
When Shiba Inu started trading in August 2020, the price per token was $0.000000000972, according to Yescas data. Two months later, the price increased by another zero. However, the price of Shiba Inu began to increase in January 2021, when the price had eight zeros after the decimal point. Shiba Inu continues to rise in 2021, with the number of zeros after the decimal point falling to four. On October 28, 2021, SHIB reached an all-time high price of $0.00008845.
Although SHIB’s price currently has four zeros after the decimal point, multiple institutions predict that the token may delete one or two zeros in the coming years. If SHIB removes one zero, the price will reach $0.0001; if it removes two zeros, the price will reach $0.001.
Removing a zero would bring SHIB’s price to a minimum of $0.0001, a 559% increase from the current price of $0.00001517. Shiba Inu has the potential to reach $0.0001 in 2027, according to predictions from crypto trading platform Changelly. Likewise, the well-known AI chatbot Google Bard (now known as Gemini) also predicts that SHIB will reach $0.0001 in the same year.
Other market watchers have also proposed scenarios that could take SHIB to $0.0001. In particular, prominent market watcher Sam TCR predicted on June 20 that Shiba Inu would soon witness a massive rally that could push its price to $0.0001, without attaching a specific timetable.
Reaching the $0.001 target is more ambitious, which would require Shiba Inu’s price to delete two zeros and require an increase of 6,491%. Top market observers believe Shiba Inu can achieve this goal during its lifetime. Well-known market observer Armando Pantoja said Shiba Inu will reach this target in the 2024/2025 market cycle. Furthermore, The Crypto Basic predicts that SHIB could reach $0.001 by December 2024 if the price doubles every month.
#鴉快訊 $SHIB @Shiba Inu
