Recently, the market has seen a surge in optimism regarding various cryptocurrencies, including the meme cryptocurrency Shiba Inu (SHIB). However, this positive sentiment was short-lived and bearish trends took over the SHIB price charts.

SHIB is currently valued at $0.00002274 after rising 1.1% on the day, battling the inherent volatility of the cryptocurrency market.

And in the midst of this market uncertainty, network metrics and price forecasting firm Telegaon has made a prediction on the future price of SHIB. According to the analysis, the token could potentially exceed the $0.01 mark from 2030 to 2040.

In addition, Telegaon does not rule out that during the same period of time SHIB will reach the coveted milestone of 2.5 cents.

Of course, Telegaon's forecasts give hope to Shiba Inu supporters, but we cannot forget about the obstacles standing in the way of the 2.5 cent target. External factors and market dynamics have a significant impact on meme coins such as SHIB. #MemeWatch2024 MemeWatch2024