Popular cryptocurrency exchange CoinW predicts Shiba Inu to rise by 7,627,665% to $1
Popular cryptocurrency exchange CoinW has issued a bold prediction for Shiba Inu, stating that the meme coin could surge by over 7,627,665%.
In a recent post on X, CoinW sparked a conversation in the crypto community by asking members to voice their opinions on which of a series of bold top-order predictions might happen first in the crypto market.
Shiba Inu to $1
Specifically, the exchange polled the crypto community to determine what happens first: Bitcoin hits the widely expected $100,000 target, Ethereum hits the $10,000 price point, or Shiba Inu hits $1.
The survey also included other prominent cryptocurrencies, such as BNB, Solana (SOL), XRP, Cardano (ADA), Dogecoin (DOGE), and Avalanche (AVAX). CoinW asked the community to give their opinion on which of the following events will happen first.
$SHIB reaches $1 or $BNB reaches $1000
Cardano (ADA) Reaches $5
XRP reaches $1
Solana (SOL) Reaches $250
Avalanche (AVAX) Reaches $100
Dogecoin ($DOGE ) reaches $1
Amidst these bold predictions for prominent crypto assets, the proposed number for Shiba Inu is the most ambitious. At press time, Shiba Inu is trading with four zeros at $0.00001311. Essentially,
Interestingly, the exchange even asked whether this milestone could precede Bitcoin hitting $100,000 or Ethereum hitting $10,000.
In other words, Bitcoin’s $100,000 target would require the price of the flagship cryptocurrency to rise by 71% from its current value of $58,546. On the other hand, Ethereum’s $10,000 target would require a 281% higher rise from $2,626.
Meanwhile, in the case of Shiba Inu, the meme coin would have to expand 76,276 times, or 7,627,665%, to reach the $1 target. In this hypothetical case, even a $100 investment in Shiba Inu would be worth a staggering $7,627,665.
Can Shiba Inu price rise 7627665% to $1?
Unlike the Shiba Inu, many have shared stories of lost fortunes as they sold their Shiba Inu much earlier than it had reached its peak.
