Shiba Inu is trading with four zeros on the charts in 2024 and is preparing for a price surge in 2025. SHIB has increased in value by nearly 200% this year, allowing investors to triple their money in 365 days. The dog-themed token has surged in price twice this year - once in March after the Bitcoin halving event and again when Trump reclaimed the White House.
The cryptocurrency market is full of hope for 2025 as traders believe that Trump's regulations could trigger a bull run. Now as we head into 2025, can Shiba Inu reach the $0.01 mark in the next 365 days? This article will highlight whether SHIB's trading value this year is high or low.
Can AI Predict Shiba Inu Could Reach $0.01 By 2025?
Top AI ChatGPT has provided a realistic assessment of whether Shiba Inu will reach a price of $0.01 by 2025. This AI company predicts that for SHIB to consider reaching a price of $0.01 by 2025, "extraordinary changes in tokenomics and market conditions" will be needed. Conditions include burning 90% of the circulating supply and increasing adoption as well as use cases.
For those who don't know, SHIB has a circulating supply of 589 trillion, which is holding back its growth on the charts. The token is not scarce, significantly reducing demand for it in the market. Burning a majority of the tokens could make them scarce and would have to face increasing demand from investors. This is the only best way for Shiba Inu to consider reaching the $0.01 mark.
So, can Shiba Inu send 90% of its circulating supply to a dead wallet by 2025? The answer is probably no. There is a small chance that development could happen by 2025. In summary, SHIB may not reach the $0.01 mark by 2025 and it may take many more years to achieve that.
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