Shiba Inu had reached an all-time high of $0.00008616 on October 28, 2021. SHIB was a rock star cryptocurrency back then as it rallied 85,000,000% (85 million percent) between 2020 to 2021. Early investors turned into millionaires with SHIB with a mere investment of $500 and above. Read here to know how a truck driver earned $1.7 million in Shiba Inu with an investment of $650 only. The dog-themed token had deleted six ‘zeroes’ in 10 months in 2021 making early investors sit on sacks of profits.
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So when will Shiba Inu breach its all-time high of $0.00008616 and how long will it take to get there? In this article, we will highlight when SHIB could climb above its ATH and reach a new high.
When Will Shiba Inu (SHIB) Climb Above Its All-Time High?
Leading on-chain metrics and price prediction firm Changelly has forecasted that Shiba Inu could breach its all-time high of $0.00008616 only in 2029. Therefore, it could take another six years for SHIB to climb above its ATH and reach a new high. According to the price prediction, SHIB could breach its ATH and reach a new high of $00009600 sometime in 2029.
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The prediction also suggests that SHIB could delete its fourth ‘zero’ and trade with three ‘zeroes’ sometime in 2030. Therefore, SHIB could trade with three ‘zeroes’ only at the beginning of the next decade.
Also Read: Shiba Inu: Man Makes $70 Million but Ends Up With Only $4,000
Nonetheless, there is no guarantee that the dog-themed token could break its ATH in 2029 and 2030. Cryptocurrencies are subjected to market influence and could also deliver losses to investors. It is advised to do thorough research before taking an entry position into SHIB at the moment.
At press time, Shiba Inu was trading at $0.00000986 and is down nearly 2% in the 24-hour day trade. SHIB is also down close to 89% from its all-time high of $0.00008616, which it reached in October 2021.