Shiba Inu (SHIB) hit an all-time high of $0.00008616 on October 28, 2021. Since its launch in August 2020 till its peak in October 2021, SHIB’s price has rallied by many million percent, but the asset’s price has fallen nearly 74% from its 2021 highs. However, SHIB’s lackluster performance in the last two years has not stopped SHIB fans and investors from pursuing higher prices.
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If Shiba Inu (SHIB) reclaims its 2021 peak of $0.00008616, you will need 11,606,313,834.7 (11.6 billion) tokens to have one million dollars worth. The price of 11.6 billion SHIB right now is about $260,445.68. In such a scenario, your portfolio’s value will surge by nearly 284%.
When will Shiba Inu (SHIB) reclaim its all-time high?
SHIB is currently struggling to overcome the $0.000025 barrier. The asset is down across the board, falling 3.7% in the daily charts, 5.6% in the weekly charts, nearly 9% in the 14-day charts, and almost 1% over the previous month.
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According to the data on Changelly, SHIB will rally over the next few days, hitting $0.00003422 on June 17, 2024. Hitting $0.00003422 from current levels would translate to a growth of over 52%. However, Changelly does not anticipate SHIB to reclaim its all-time high in 2024. The platform predicts SHIB to hit a new peak in 2027, reaching a maximum price of $0.0001229877 for the year.
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Telegaon also does not expect Shiba Inu (SHIB) to reclaim its all-time high in 2024, predicting a maximum price of $0.0000601 for the year. According to the platform, SHIB could reclaim its all-time high in 2026, hitting a maximum price of $0.0000943 for the year.