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Despite Shiba Inu prolonged downturn, some holders view current prices as a chance to accumulate sizable positions ahead of a potential rebound toward $0.00005.
Shiba Inu keeps attracting speculative interest due to its low unit price and past rallies that delivered outsized gains. Although $SHIB has declined sharply, many investors now see the dip as an opportunity to accumulate hundreds of millions of tokens at a discount.
Notably, bullish holders expect $SHIB to rebound from recent lows, erase a zero, and target analyst projections such as $0.00005. Based on this outlook, The Crypto Basic evaluated a 500 million $SHIB position, examining both its current cost and its potential value if that target is reached.
Key Points
- Some Shiba Inu community members view $SHIB’s downturn as an opportunity to grow their $SHIB portfolios.
- A 500 million $SHIB position, which cost around $5,000 earlier this year, is now worth $3,423.
- This position would be worth more than $20,000 in value if $SHIB ever rallies to $0.00005.
- Analysts have set different timeframes for $SHIB’s price to rise to this level.
500M $SHIB Today and Potential Worth at $0.00005
Currently, $SHIB trades at $0.000006846, creating a lower entry point for buyers. At the current price, acquiring 500 million $SHIB costs about $3,423, down from roughly $5,000 when $SHIB traded at $0.00001 earlier this year.
If $SHIB eventually climbs to $0.00005, that same holding would be worth $25,000. If this plays out, the rally would translate to an ROI of around $21,600.
Shiba Inu Current Path to $0.00005
Shiba Inu last traded near $0.00005 in late November 2021, shortly after setting its all-time high a month earlier. Since then, sustained bearish pressure has kept the token well below that level.
At its current price of $0.000006846, $SHIB would need to rally about 630% to reach $0.00005, lifting its market cap to roughly $29.46 billion, far above its current $4.04 billion valuation. Even if that target is met, $SHIB would still trade 43.47% below its all-time high of $0.00008845.
Predictions for $0.00005
Speculation around a move to $0.00005 remains common within the $SHIB community. In 2024, when $SHIB traded near $0.00001920, community analyst $SHIB KNIGHT predicted a rally to that level. Additionally, TradingView analyst Alan Santana stated that $SHIB had formed a bullish base that could support a move to $0.00005.
After $SHIB’s pullback from its post-election rally, analyst Dollars Maker projected a rebound to $0.00005816. However, none of these forecasts have materialized, as $SHIB has continued to decline.
Nonetheless, some analysts remain optimistic. Changelly projects $SHIB could reach $0.0000506 by May 2030, while Telegaon expects a return to $0.00005 as early as this year. Despite $SHIB’s history of sharp rallies, analysts urge caution amid broader macroeconomic pressures weighing on the crypto market.