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Several entities, including a Shiba Inu ecosystem rep, have contributed to discussions regarding when Shiba Inu may achieve ambitious price targets such as $0.00008845, $0.0001553, and $0.00520.
Earlier this month, Shiba Inu showcased its capacity to generate impressive returns in a bullish market by surprising the crypto market with a 350% gain in just eight days.
However, the broader market sentiment has recently turned bearish, resulting in Shiba Inu relinquishing much of those gains. Despite the prevailing bearish conditions, SHIB maintains a notable 189% increase in its 30-day trajectory.
In parallel, prominent figures in the crypto scene remain steadfast in their belief in Shiba Inu’s potential during this bull phase. These prominent figures have pinpointed timelines to expect specific price targets for SHIB in this bull season, including $0.00008845, $0.0001553, and $0.00520.
Projected Timeline for Shiba Inu to hit $0.00008845
The $0.00008845 price target is Shiba Inu’s peak point for the 2021 season. While Bitcoin has recently established a new all-time high, SHIB remains 68% below its 2021 peak, with its price currently at $0.00002784.
Meanwhile, Lucie, a marketing specialist, has voiced her view on when SHIB may reclaim its ATH of $0.00008845. Lucie has projected that Shiba Inu could hit $0.00008845 before Bitcoin halves, which is now less than 30 days away.
An alternative perspective the Shiba Inu ecosystem official suggested is that SHIB will attain the target just after the Bitcoin halving.
At $0.00002784, Shiba Inu must rally 217.7% to reach $0.00008845 within the next few weeks. Interestingly, this required percentage growth is not far-fetched for SHIB, considering it recently rallied 350% in a week.
Projected Timelines for SHIB hit $0.0001553
Meanwhile, some other market watchers, such as Javon Marks, believe Shiba Inu is on a path to a more ambitious target beyond its previous ATH. As The Crypto Basic reported recently, Marks has disclosed $0.0001553 as his target for SHIB.
The analyst argued that Shiba Inu’s successful entry into the $0.00008 range sets the course for it to nearly double its value. While Marks failed to issue a specific timeline to expect the $0.0001553, other analytic platforms have provided suggestions.
For example, tracking platform CoinCodex expects Shiba Inu to attain $0.000132 next year. Prediction platform Telegaon has argued that SHIB could trade at $0.000153 by 2027. Meanwhile, trading platform Changelly projected a four-year timeline to witness Shiba Inu at around $0.000158.
Timeline for Shiba Inu to Hit $0.00520
Moreover, other entities, including AI chatbots like ChatGPT and Google Bard (now Gemini), have provided insights on the timelines for Shiba Inu to adjust for two decimal places from its current value to trade at $0.00520.
The researchers at Changelly have argued that Shiba Inu may require nearly two decades to hit $0.00520. Specifically, they expect the target by 2040. Interestingly, ChatGPT gave an 80% vote of confidence that this target would materialize by the target date.
On the other hand, Google’s AI Gemini deemed the $0.00520 unrealistic under any circumstance.