Shiba Inu is trading at the $0.000014 level on Monday and is mostly moving sideways in the charts. The token has seen little to no price spurts in the last six months and is testing the patience of investors. The majority of traders entered SHIB hoping to ride the volatility, as it deleted six zeroes in three years.
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Only the ones who took an entry position during its inception made millions while the latecomers are now holding on to their bags. The only thing that’s keeping Shiba Inu investors going is the hope that someday it could replicate its previous performance. Meme currencies are known for dramatic price fluctuations and investors are hopeful of SHIB rising again.
However, a leading price prediction firm has forecasted that Shiba Inu could delete two zeroes and reach $0.002. The forecast is for the long term and only those with diamond hands could make the most out of it. In this article, we will highlight a tentative timeline for when SHIB could reach $0.002.
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Shiba Inu To $0.002: Here’s When SHIB Could Reach the Price Target
Leading on-chain metrics and price prediction firm Telegaon has painted a bullish picture for Shiba Inu. According to the price prediction, SHIB could reach the target of $0.002 in the next decade in 2035. That’s another 11 years from today and is considered a long-term position.
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The forecast indicates that Shiba Inu will delete its third zero in 2035 and enter $0.002 during the same year. That’s an uptick and return on investment (ROI) of approximately 15,000% from its current price of $0.000014. Therefore, an investment of $10,000 made today could turn into $1,510,000 ($1.5 million) if the forecast turns out to be accurate. It could certainly be a life-changing gain for the average investor in the next decade.