Expert Now Predicts Shiba Inu Price of $0.01

Expert now predicts Shiba Inu price of $0.01 as the target remains a key goal for many investors, sparking ongoing discussions within the community regarding its feasibility.

Crypto analyst Luis Delgado, known as Del Crxpto, shares his views on why Shiba Inu (SHIB) could potentially reach the ambitious price of $0.01.

Delgado’s Perspective on SHIB’s Potential

While many analysts doubt the possibility of SHIB hitting $0.01, Delgado believes otherwise.

He emphasizes that the crypto market is full of surprises, where unlikely price movements can occur, suggesting that he has witnessed significant shifts before.

For Shiba Inu to achieve the $0.01 milestone, it would need to increase by an astounding 37,311% from its current price of $0.00002523.

Reaching this level would also push SHIB’s market capitalization to an unprecedented $5.91 trillion, positioning it as the largest cryptocurrency globally.

If this happens, a holder of 10 million SHIB tokens, currently worth about $267.3, would see their investment soar to $100,000.

Community Optimism and Historical Context

Despite the massive increase required, many in the Shiba Inu community remain hopeful.

Delgado has previously expressed confidence in this target, drawing comparisons to Dogecoin’s past price surges.

Recently, Lucie, a marketing specialist for Shiba Inu, also indicated her belief in reaching the $0.01 goal.

Moreover, some enthusiasts have projected specific timelines for this prediction.

For example, Jason Williams and Yazan foresee SHIB surpassing $0.01, potentially reaching $0.05 in the current market cycle, while analysts at Changelly predict a price of $0.01 between 2033 and 2040.

Shiba Inu has demonstrated its ability to rally significantly, as seen during the 2020/2021 bull run, when its price soared from $0.000000000056 to $0.00008845 in just 14 months.

This history of rapid growth fuels ongoing speculation about SHIB’s future possibilities.

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Also Read: An Outstanding 5.72 Trillion SHIB Has Been Traded In 24 Hours

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Frank Nez

Frank Nez is an American retail journalist whose research has been cited by SEC and Congressional reports. Frank Nez has been featured by prominent outlets such as TheStreet and NewsBreak. ‘Daily Crypto News’ is now an official CoinMarketCap news source.

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