Shiba Inu is currently trading at $0.000009831 and is looking to delete its fifth zero in the charts. The token has around 1.3 million holders worldwide and the majority of them took an entry position in late 2021 and 2022 thereafter. Since then, almost 60% of investors are sitting on losses and only a few investors are currently in profit with SHIB. The negative price moment is testing the patience of investors who want Shiba Inu to reach $0.01 and $1.
Also Read: Shiba Inu: SHIB Turns $3,600 Into $19 Million in 3 Years
Taking a middle ground, we will highlight the chances of Shiba Inu reaching the 50 Cents mark. In this article, we will indicate a long-term price prediction on when SHIB could hit the $0.50 milestone.
$0.50 Long-Term Price Prediction For Shiba Inu: When Will SHIB Hit 50 Cents?
Forget this decade, let’s go 26 years and two decades down the line and set a target for 2050. Does SHIB have any chance of reaching 50 Cents 26 years from today in 2050? Well, here’s what the long-term price prediction from CoinCodex forecasts.
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Leading on-chain metrics and price prediction firm CoinCodex predicts that Shiba Inu could reach a high of $0.000401 in 2050. According to the long-term 2050 price prediction, SHIB could only delete two zeroes from today till 2050. Also, that would be an uptick and return on investment (ROI) of approximately 4,000% from today till the next 26 years.
The long-term 2050 price prediction for SHIB does not forecast hitting the $0.50 mark. Let alone 50 Cents, SHIB might not even reach the $0.01 milestone in the next two and a half decades according to the estimates.
Also Read: When Will SHIB Reach 2 Cents?
In conclusion, the long-term goal for Shiba Inu to reach 50 Cents in 2050 is unlikely. Estimates claim that SHIB could only hit $0.000401 in 2050 and not $0.50.