Shiba Inu: How Soon Can SHIB Delete A Zero And Hit $0.0001?
Shiba Inu (SHIB) has faced quite a correction over the last few weeks. The asset is down 1.7% in the daily charts and 30.1% over the previous month. Despite the dip, SHIB’s price has faced no changes in the weekly charts. The asset has also rallied 9.4% in the 14-day charts and nearly 62% since February 2024.
Also Read: XRP Price Prediction: AI Sets Price For February 25, 2025
Shiba Inu Stumbles Along With The Larger Market
SHIB’s current predicament is likely due to the larger crypto market stagnating. Bitcoin (BTC) is struggling to regain the $100,000. The global crypto market cap has also fallen to $3.3 trillion. SHIB’s ranking has slipped to the 20th position among the top projects by market cap.
Also Read: De-Dollarization and the Privacy Debate: The Geopolitical Push for CBDCs
The market dip is likely due to macroeconomic factors. Investors may be weary of risky assets such as cryptocurrencies. Shiba Inu (SHIB), being a memecoin, has even more risks than regular coins.
When Will The Asset Delete A Zero?
Shiba Inu (SHIB) investors have long pursued the $0.0001 price point. The memecoin has to rally by 530.9% to hit the $0.0001 mark.
According to Telegaon, SHIB could breach the $0.0001 mark in 2027, about two years from now. The platform anticipates the asset to hit a maximum price of $0.000198 in 2027. Hitting $0.000198 from current price levels will entail a rally of about 1149.2%.
Also Read: IRFC Shares Will Fall to Rs 90-92 Level: Accumulate at That Range
Changelly also presents a similar forecast for Shiba Inu (SHIB). Like Telegaon, Changelly also predicts SHIB will breach the $0.0001 price point in 2027. The platform anticipates the asset to hit a maximum price of $0.0001229877 in 2027. Reaching $0.0001229877 from current price levels will lead to a rally of about 675.95%.
Read More
Shiba Inu Price Prediction: 30x Incoming?
Shiba Inu: How Soon Can SHIB Delete A Zero And Hit $0.0001?
Shiba Inu (SHIB) has faced quite a correction over the last few weeks. The asset is down 1.7% in the daily charts and 30.1% over the previous month. Despite the dip, SHIB’s price has faced no changes in the weekly charts. The asset has also rallied 9.4% in the 14-day charts and nearly 62% since February 2024.
Also Read: XRP Price Prediction: AI Sets Price For February 25, 2025
Shiba Inu Stumbles Along With The Larger Market
SHIB’s current predicament is likely due to the larger crypto market stagnating. Bitcoin (BTC) is struggling to regain the $100,000. The global crypto market cap has also fallen to $3.3 trillion. SHIB’s ranking has slipped to the 20th position among the top projects by market cap.
Also Read: De-Dollarization and the Privacy Debate: The Geopolitical Push for CBDCs
The market dip is likely due to macroeconomic factors. Investors may be weary of risky assets such as cryptocurrencies. Shiba Inu (SHIB), being a memecoin, has even more risks than regular coins.
When Will The Asset Delete A Zero?
Shiba Inu (SHIB) investors have long pursued the $0.0001 price point. The memecoin has to rally by 530.9% to hit the $0.0001 mark.
According to Telegaon, SHIB could breach the $0.0001 mark in 2027, about two years from now. The platform anticipates the asset to hit a maximum price of $0.000198 in 2027. Hitting $0.000198 from current price levels will entail a rally of about 1149.2%.
Also Read: IRFC Shares Will Fall to Rs 90-92 Level: Accumulate at That Range
Changelly also presents a similar forecast for Shiba Inu (SHIB). Like Telegaon, Changelly also predicts SHIB will breach the $0.0001 price point in 2027. The platform anticipates the asset to hit a maximum price of $0.0001229877 in 2027. Reaching $0.0001229877 from current price levels will lead to a rally of about 675.95%.
Read More