The price prediction of $SHIB has always been a hot topic in the cryptocurrency community. Aaron Arnold, the founder of Altcoin Daily, recently said on social media that it is unlikely that SHIB will reach $0.01 in 2024. He pointed out that for SHIB to reach $0.01, its market value needs to grow by 541,005.895 trillion, which is a huge number.

Currently, the price of SHIB is $0.0000183, and the circulation is about 589.5 trillion. If the price of SHIB is to reach $0.01, its market value will reach $5.895 trillion, which is 541 times the current market value, which means that it needs to grow by 54,100%.

Although some people are skeptical about the future development of SHIB, there are also different voices in the market. For example, Bitcoin expert Jason Williams believes that SHIB has the potential to reach $0.05 next year. However, to achieve this goal, SHIB needs to experience huge growth.

It is worth noting that the market value and price prediction of SHIB are not set in stone. Cryptocurrency markets are known for their volatility, and the price of SHIB may be affected by a variety of factors, including market sentiment, investor confidence, technological developments, and broader macroeconomic conditions.

Investors should conduct their own research and be prepared to face market uncertainty and potentially high risks when considering investing in SHIB or any other cryptocurrency.