When Could $SHIB Hit $0.001? 💵💵

Considering this assessment, The Crypto Basic evaluated how long it could take #SHİB Inu to reach $0.001 💵 if Shibarium, the ecosystem’s layer-2 blockchain, burns 9 trillion SHIB each month. The evaluation showed that SHIB’s supply could be low enough after four years for it to have a chance at hitting the price target.

In addition, as highlighted by The Crypto Basic earlier this month, crypto analyst Armando Pantoja projected that Shiba Inu could cross the $0.001 💰💰 price territory after the upcoming Bitcoin halving. Armando reiterated this prediction in a post yesterday, noting that he expects SHIB to hit the $0.001 price in 12 to 18 months.

My #crypto targets for next 12-18 months:$BTC: $100k-$250k$ETH: $10k-$15k$XRP: $3-$6$SHIB: $0.001+$DOGE: $1$SOL: $500-$1000$AVAX: $100+$ICP: $100+$INJ: $100-$200$PRO: $10-$20

— Armando Pantoja (@_TallGuyTycoon) April 16, 2024

Meanwhile, Shiba Inu currently trades for $0.00002215, facing major resistance before the $0.001 level. At its current price, Shiba Inu would need to rally 4,414% to reach the coveted $0.001 price. SHIB market cap would hit $589 billion if it reaches this price at the current circulating supply.

#Megadrop #bitcoinhalving #Memecoins #SHIB

This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion.