Bitcoin Author Projects Incoming 193,774% Rally for Shiba Inu to $0.05 $SHIB
In the last 24 hours, Shiba Inu has emerged among the top-performing assets, posting gains exceeding 8%. Previously, SHIB saw an intraday low of $0.00002365, but the emergence of the bulls has driven it to a new daily high of $0.00002592 at press time.
Shiba Inu’s gradual comeback has attracted optimistic market watchers who are revising their outlook in the burgeoning bull market. Bitcoin author Jason Williams is one such market watcher.
Shiba Inu to Surge 193,774% this Season
In a recent post on X, Williams boldly set a target of $0.05 for Shiba Inu in this ongoing bull cycle. This ambitious Shiba Inu projection aligns with his anticipated entry of Bitcoin to $336K between now and 2025.
At last check, Shiba Inu trades at $0.00002579. In the hypothetical scenario where Shiba Inu eliminates three zeros to trade at $0.05, it will have soared by an astonishing 193,774%.
What SHIB Trading at $0.05 Means
Essentially, Williams anticipates a 1,937-fold price growth for Shiba Inu by 2025. Notably, his projection for Bitcoin reaching $336K this cycle implies only a four-fold gain, putting BTC’s market cap at about $6.6 trillion. Other industry commentators have issued comparable targets for Bitcoin in this cycle.
Meanwhile, if Shiba Inu reached $0.05, its market cap would rise to $29.46 trillion, surpassing Bitcoin’s market cap by more than four times. This implies that Williams expects Shiba Inu to outrank Bitcoin in prominence this cycle, possibly without realizing it. This is highly speculative and unlikely.
Analytic Suggestion for When Shiba Inu May Reach $0.05
On the other hand, prediction platforms like Telegaon have speculated about when Shiba Inu might reach $0.05. In a report, Telegaon suggested that SHIB could have a minimum price of $0.054 by 2040, sixteen years from now. In parallel, they proposed a minimum price of $704,543 for Bitcoin by that time.
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