Cryptocurrency NewsMarket Here are new timelines for Shiba Inu to rise to $0.0001 and $0.001
Here are new timelines for Shiba Inu to rise to $0.0001, $0.001, and $0.01, with Shiba Inu up 133%,
With Shiba Inu up over 130% in three months, we’ve compiled new timelines for SHIB to rise to $0.0001, $0.001, and $0.01.
Shiba Inu (SHIB) has been on an impressive run since it dropped to around $0.000013 in early August. Recall that cryptocurrency prices fell sharply in August due to rising geopolitical tensions in the Middle East. As previously reported, Shiba Inu was not spared from the bloodbath as it dropped below the $0.000013 price mark.
Here's When SHIB Will Hit $0.0001, $0.001, and $0.01
Interestingly, this crash is now a thing of the past, after SHIB surged 133.15% to $0.00003031 in early November. This move has impacted the timelines set for Shiba Inu’s potential rise to $0.0001, $0.001, and $0.01.
As a result, The Crypto Basic consulted with several entities, such as Changelly and ChatGPT, to determine when SHIB would reach these goals.
Shiba Inu price could rise to $0.0001
$0.0001 is a modest target among the above targets, requiring SHIB to rise by 266.97% from its current price. This target is 13.05% higher than Shiba Inu’s previous all-time high (ATH) of $0.00008845, which was set on October 28, 2021.
At $0.0001, the Shiba Inu market cap would rise to $58.92 billion from its current value of $16.04 billion. This estimate assumes that the circulating supply of Shiba Inu of 589.25 trillion tokens remains fairly stable.
According to Changelly experts, Shiba Inu will reach the $0.0001 target by 2027, which is three years from now. In 2027, experts expect SHIB to trade at a minimum target of $0.000103, an average price of $0.000107, and a maximum price of $0.000127.
ChatGPT, a popular AI-powered chatbot, has released three timelines for SHIB to reach $0.0001. First, it predicts that SHIB will reach the target between 2025 and 2026, noting that this milestone will be driven by widespread adoption, massive token burns, and a strong bull market.
The second timeline will see SHIB reach $0.0001 in 2 to 4 years, specifically between 2026 and 2028. Achieving the goal in this timeline requires SHIB to see increasing utility through Shiba Inu’s L2 Shibarium blockchain and steady economic growth.
Finally, ChatGPT sees the $0.0001 goal becoming a reality by 2029 or later due to the lack of strong adoption.
Shiba Inu to $0.001
Reaching the $0.001 target would require a 3559% upside from the current price. Upon reaching this target, Shiba Inu’s market cap would rise to $589.25 billion from its current value, assuming the circulating supply remains fairly stable.
Experts at Changelly believe that the $0.001 target will become a reality by 2033, which will be the maximum price of SHIB by then.
Additionally, ChatGPT has released its predictions on the potential rise of Shiba Inu to $0.001 in three different timelines. The predictions are optimistic, moderate, and pessimistic.
For an optimistic forecast, ChatGPT predicts that SHIB will reach $0.001 between 2030 and 2034. This rise will be driven by several factors, ranging from massive token burns to rapid institutional interest in SHIB.
Moderate forecasts suggest that SHIB stock will trade at $0.001 between 2035 and 2040, highlighting factors such as long-term growth in adoption as a potential driver.
Pessimists don’t expect Shiba Inu to reach this goal without severe burns, so ChatGPT has not set a specific timeline for this scenario.
Shiba Inu to $0.01
With Shiba Inu’s value surging by 133.51%, we consulted Changelly and ChatGPT for an updated timeline for SHIB to reach the dream of one cent ($0.01).
With Shiba Inu currently trading at $0.2725, the token would need to register a 36,597% rise to reach the $0.01 target. At this price, Shiba Inu’s market cap would rise to $5.89 trillion, surpassing the current value of Bitcoin.
Despite the massive growth rate required to push Shiba Inu to $0.01, Changelly experts believe that the one-cent dream is realistic for SHIB. According to them, Shiba Inu is likely to reach the target by October 2040, which would be the maximum price for SHIB by then.
Furthermore, ChatGPT has set an optimistic timeline of 2035-2045 for a potential rise of Shiba Inu to $0.01. It speculates that SHIB could achieve the one-cent dream during this period by burning 95-99% of the circulating supply.
For the moderate and pessimistic forecasts, ChatGPT does not see the price of Shiba Inu rising to $0.01 in the next few decades.
While the $0.0001 target is moderate, a potential rise of Shiba Inu to $0.001 and $0.01 seems bold, requiring the asset to rise by thousands of percent. Achieving these milestones in such a short period of time would require the alignment of several factors, ranging from strong institutional demand to massive burns.
Disclaimer: This content is for informational purposes only and should not be considered as financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinion of The Crypto Basic. Readers are encouraged to conduct thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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