Shiba Inu is currently trading with five ‘zeroes’ in the charts and is struggling to scale up in the indices. The majority of investors took an entry position into SHIB hoping it would delete its ‘zeroes’ and reach the $0.01 mark. However, the dog-themed token is causing an upset as its price is moving backward than forward. So when could Shiba Inu begin to delete its ‘zeroes’ and deliver profits to investors?
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In this article, we will highlight when SHIB might delete 2 ‘zeroes’ and reach the $0.0001 target.
Shiba Inu: When Could SHIB Reach $0.0001?
The sole purpose of investing in SHIB is to see it delete ‘zeroes’ and deliver financial rewards to its holders. The majority of investors are in for the long-term and made peace with the time it takes to reach 1-Cent.
Leading on-chain metrics and price prediction firm Gov Capital painted a bullish picture for SHIB in the next three years. According to the price prediction, Shiba Inu could delete 2 ‘zeroes’ and reach a price of $0.0001 in July 2026. That’s another 3 years from today and an uptick and returns on investment (ROI) of approximately 1,350%.
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Therefore, a $1,000 investment made today when SHIB is at $0.000007 levels could possibly fetch you $14,500 at an ROI of 1,350% when Shiba Inu deletes two ‘zeroes’ and hits $0.0001.
Nonetheless, there is no guarantee that SHIB could reach $0.0001 in the next three years. The crypto markets are highly volatile and could swing both ways leading to losses. It is advised to do your research before taking an entry position into SHIB at the current level.
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At press time, Shiba Inu was trading at $0.000007 levels and is up 0.6% in the 24-hours day trade. However, SHIB is down close to 92% from its all-time high of $0.00008616, which it reached in October 2021.