Shiba Inu [SHIB] With the arrival of the weekend, the market had a significant increase. In the past day, the meme coin has risen nearly 5%. SHIB’s price at the time of press was $0.00001721. There is no doubt that earlier in the day, SHIB was at its lowest price of $0.00001645. The sudden increase in price of the meme coin restored some hope to its investors. The asset is viewed by many as having a high chance to reach the cent milestone. SHIB could even reach the 2-cent milestone, according to some.
Shiba Inu: When can it reach 2 cents?
Shiba inu needs to reach other milestones before they can get there. To begin, the highest point of this asset is $0.00008845. It was achieved on October 28, 2020. SHIB’s current price is 80.52% less than its peak. Telegaon data suggests that this goal can be achieved in 2026. This is the next Stop at one cent Investors are eagerly anticipating Shiba’s rise to $1. This road is not easy. Telegaon still believes SHIB can reach this zone in the future, between 2025 and 2030.
Also Read: Shiba Inu: SHIB Eyes $0.01 As New Developments Crowd Shibarium
Shiba inu, a Shiba breed, is expected to achieve this two-cent figure by 2040. next decade. The next 16 years will take place in about 16 to 17 years. It gives the holders ample time to save it into their portfolio.
SHIB may also face a number of challenges before reaching that level. These challenges may be the volatility of the market or an unreliable regulatory climate. However, the previous performance of the asset brings back the optimism in the market.
Also Read: Shiba Inu’s 1 Cent Dream Gets A Lift From Dogecoin’s Historic Feat
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Source: watcher.guru