Here is When Shiba Inu Will Reach $0.00017, $0.00024 and $0.00038

As Shiba Inu (SHIB) enthusiasts anticipate some pivotal price goals, crypto exchange platform Changelly has projected when the token could hit targets such as $0.00017, $0.00024 and $0.00038.

Data confirms that Shiba Inu sentiment is mostly favorable, with a massive 71% leaning toward the bullish zone, while 29% is bearish. This bullish sentiment is mostly due to the fact that SHIB has had 70% green days over the past month, gaining in 21 out of 30 days.

Currently trading for $0.00001052, Shiba Inu sits above its 50-day EMA ($0.00000943) and 200-day EMA ($0.00000821). This position suggests bullish momentum for the token in the short and long terms.

When Would Shiba Inu Hit $0.00017, $0.00024 and $0.00038

Changelly asserts that Shiba Inu would continue to witness price growth into the new year, predicting a price of $0.00001151 on Jan. 28, 2024. The team further forecast SHIB to hit the $0.00002 territory in 2025, projecting an average price of $0.00002299 for the year.

Despite looking forward to a sustained uptrend, the Changelly team does not see Shiba Inu deleting another zero until 2029, when the price of the asset is expected to see an average price of $0.0001029. However, they believe SHIB would only clinch $0.00017 a year later, in 2030.

Moreover, the $0.00024 price territory is expected to be the maximum price of Shiba Inu in 2031. Should this projection materialize, it would translate to a 2,181% price appreciation for SHIB in less than eight years. While this appears ambitious due to Shiba Inu’s supply, the possibility exists.

The Changelly team expects SHIB to conquer the $0.0003 psychological threshold in 2032, as part of the sustained upward trajectory. They predict Shiba Inu to reach the lofty price target at $0.00038 in 2032, representing a massive 3,512% rally from the current price.

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