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With Shiba Inu soaring by over 130% in three months, we’ve compiled new timelines for SHIB’s surge to $0.0001, $0.001, and $0.01.
Shiba Inu (SHIB) has had an impressive performance since it plunged to around $0.000013 in early August. Recall that crypto prices tanked heavily in August due to rising geopolitical tension in the Middle East. As reported earlier, Shiba Inu was not spared in the bloodbath as it plunged below the $0.000013 price mark.
Here’s When SHIB Will Hit $0.0001, $0.001, and $0.01
Interestingly, this collapse has become a thing of the past, following SHIB’s 133.15% surge to $0.00003031 in early November. This movement has affected the timelines set for Shiba Inu’s potential rally to $0.0001, $0.001, and $0.01.
Consequently, The Crypto Basic consulted multiple entities, such as Changelly and ChatGPT, to ascertain when SHIB could reach these targets.
Shiba Inu Potential Rally to $0.0001
$0.0001 is modest among the aforementioned targets, as it requires SHIB to surge 266.97% from its current price. This target is 13.05% higher than Shiba Inu’s previous all-time high (ATH) of $0.00008845, set on October 28, 2021.
At $0.0001, Shiba Inu’s market cap would rise to $58.92 billion from the current value of $16.04 billion. This estimation assumes that Shiba Inu’s circulating supply of 589.25 trillion tokens remains fairly stable.
According to Changelly experts, Shiba Inu will hit the $0.0001 target by 2027, three years from now. In 2027, the experts expect SHIB to trade at a minimum target of $0.000103, an average price of $0.000107, and a maximum price of $0.000127.
ChatGPT, a popular AI chatbot, issued three timelines for SHIB’s surge to $0.0001. First, it expects SHIB to hit the target between 2025 and 2026, noting that the milestone would be driven by widespread adoption, hefty token burns, and a strong bull market.
The second timeline would see SHIB clinch $0.0001 in 2 – 4 years, specifically between 2026 and 2028. Achieving the target within this timeline requires SHIB to witness increased utility through Shiba Inu’s L2 blockchain Shibarium and steady economic growth.
Lastly, ChatGPT sees the $0.0001 target becoming a reality by 2029 or beyond due to a lack of solid adoption.
Shiba Inu to $0.001
Hitting the $0.001 target requires a rise of 3,559% from the current price. Upon clinching this target, Shiba Inu’s market cap would soar to $589.25 billion from the current value, assuming the circulating supply remains fairly stable.
Experts at Changelly see the $0.001 target becoming a reality by 2033, which would mark SHIB’s maximum price by then.
In addition, ChatGPT issued its prediction for Shiba Inu’s potential surge to $0.001 under three different timelines. The outlooks are optimistic, moderate, and pessimistic.
For the optimistic forecast, ChatGPT expects SHIB to clinch $0.001 between 2030 and 2034. This rise will be driven by several factors, ranging from massive token burns to rapid institutional interest in SHIB.
The moderate forecast estimates that SHIB would trade at $0.001 between 2035 and 2040, highlighting factors like long-term growth in adoption as a potential driver.
The pessimistic outlook does not expect Shiba Inu to reach this target without aggressive burns. Hence, ChatGPT did not set a particular timeline for this scenario.
Shiba Inu to $0.01
Amid Shiba Inu’s 133.51% surge, we consulted Changelly and ChatGPT to find out the updated timeline for SHIB’s rally to the one-cent ($0.01) dream.
With Shiba Inu currently trading at $0.2725, the token must register a surge of 36,597% to reach the $0.01 target. At this price, Shiba Inu’s market cap would climb to an astounding $5.89 trillion, surpassing Bitcoin’s current valuation.
Despite the massive growth rate required for Shiba Inu to surge to $0.01, Changelly experts believe the one-cent dream is realistic for SHIB. According to them, Shiba Inu would likely hit the target by October 2040, marking SHIB’s maximum price by then.
Furthermore, ChatGPT set an optimistic timeline of 2035 – 2045 for Shiba Inu’s potential surge to $0.01. It speculated that SHIB could achieve the one-cent dream within this period by incinerating 95-99% of the circulating supply.
For the moderate and pessimistic outlooks, ChatGPT does not see Shiba Inu soaring to $0.01 over the next few decades.
While the $0.0001 target is moderate, Shiba Inu’s potential surge to $0.001 and $0.01 seems audacious, as it requires the asset to surge by thousands of percentages. Achieving these milestones within a short period would necessitate the alignment of several factors, ranging from strong institutional demand to massive burn.