Anticipating $SHIB's Journey to $0.001 đŸ’”đŸ’”

Exploring the timeline for Shiba Inu to hit $0.001 đŸ’”, The Crypto Basic assessed the potential impact of Shibarium, the ecosystem's layer-2 blockchain, burning 9 trillion SHIB monthly.

Their analysis suggests that after four years, with a reduction in supply, there could be a chance for SHIB to achieve this price target. Additionally, crypto analyst Armando Pantoja has projected that SHIB could breach the $0.001 mark following the upcoming Bitcoin halving, reiterating this forecast within a 12 to 18-month timeframe.

Currently trading at $0.00002215, Shiba Inu faces significant resistance before reaching $0.001. To achieve this milestone, SHIB would need to rally by 4,414%, potentially leading to a market cap of $589 billion based on the current circulating supply. #Megadropb #bitcoinhalving #Memecoins #SHÄ°B

(Note: This content serves informational purposes and should not be construed as financial advice. The opinions expressed herein may reflect personal views and do not necessarily represent those of The Crypto Basic.)