The Shiba Inu Coin (SHIB) market has been full of miracles. Since its birth, it has soared more than 16 million times, and the annual increase is as high as 81%. Despite the recent overall downturn in the meme coin market, SHIB's historic growth has made investors confident in its future, and the community is looking forward to the 6-cent mark.
Telegaon optimistically predicts that SHIB is expected to reach this dream price between 2030 and 2040. This news is like a shot in the arm, sparking strong interest from new and old investors. So, what is the current situation of Shiba Inu Coin?
Currently, SHIB is trading at $0.00001338, up 1.65% in 24 hours. August was a bit bleak for SHIB, with a monthly decline of nearly 4%, far away from its historical peak of $0.00008845. Compared with the glorious moment in October 2021, SHIB has fallen 84% of its high.
However, September is highly expected by the market. Changelly data revealed that experts predict that SHIB may hit a new high of $0.0000285 in September 2024, but also warned that there is a risk of sliding to $0.0000123. Overall, the average estimated price of SHIB for that month is about $0.0000204, and market fluctuations contain opportunities and challenges.
