Shiba Inu is currently trading at the $0.00002 mark in 2024, attracting bullish sentiments in the charts. SHIB has surged by over 200% in a year and tripled investor’s money in 365 days. It is among the top-performing digital assets in the cryptocurrency market and boasts a larger-than-life fanfare. Traders have now taken entry positions, hoping that SHIB will reach the $0.01 milestone someday.
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SHIB boasts around 1.4 million holders worldwide, most of which could turn into millionaires if they reach $0.01. However, whether or not it will breach the 1-cent mark is a question thrown up in the air. Nobody knows when it could get there as it needs to combat several criteria like circulation supply and burns.
Poll: How Many Shiba Inu Investors Believe SHIB Will Hit $0.01 in 2025?
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A recent online poll conducted by Benzinga reveals how many investors believe SHIB will reach $0.01 in 2025. “Do you think Shiba Inu can reach one cent by the end of 2025,” read the poll. The results were a mixed bag as the answers were pretty much close to each other.
Yes: 47%
No: 53%
A total of 47% of respondents answered ‘yes’, while 53% of them voted for ‘no’ in the poll. There are tons of challenges for SHIB to reach $0.01, and getting there in 2025 is a herculean task. All odds are against the token reaching $0.01 as its market cap needs to go above Apple Inc, Microsoft, and Tesla to get there.
Check out a realistic price prediction on when Shiba Inu could reach the $0.01 price range. The token needs to delete three zeroes in a row and surge 50,000% in value to cross the 1-cent mark. It could take several years or even decades to get there as the path is filled with bumps roads.
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