SHIB has experienced commendable growth over the past few weeks. Despite a rebound, the dog-themed cryptocurrency still faces a 1.4% correction on the daily chart, following a 7.4% correction the previous week. The asset has maintained some gains across other time frames. Since November 2023, SHIB's price has risen by 30.6% on the 14-day chart, 30.5% on the monthly chart, and 188% overall.
Let’s see if Shiba Inu (SHIB) can remove a zero and reach $0.0001 if Bitcoin (BTC) hits $125,000.
When Bitcoin reaches $125,000, can SHIB reach $0.0001?
If SHIB reaches $0.0001, it would be a historic high for the project. Reaching $0.0001 from the current price level would require approximately a 314% rebound. $DOGE
