The ‘1 Cent dream’ is still alive and active among the Shiba Inu community members. Investors firmly believe that SHIB is destined to reach the $0.01 milestone and will mostly get there sooner or later. Therefore, SHIB enthusiasts have been loading up their bags at every dip-buying millions of tokens in the melee. The main and the most important goal for the majority of Shiba Inu holders are holding on to the asset until it touches $0.01 and beyond. For them, SHIB is ‘all they have’ and ‘believe in’ that could get rid of their financial issues and hectic work culture.
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The plus point for Shiba Inu currently is that the team is working on various developments to increase its use case. From Shibarium to SHIB: The Metaverse and collaboration with top brands, there’s always something under work for SHIB.
In this article, we will talk about the prospects of how and why Shiba Inu could reach $0.01, 10-years from now.
Will Shiba Inu Reach $0.01 10-Years From Today?
The two major proponents that can scale SHIB’s price sustainably are arguably only Shibarium and Shiba Inu Metaverse.
Shibarium could most likely be launched, functional, and fully operational by the end of 2024 (rough estimates). SHIB: The Metaverse could also be fully operational around the same time and be a world of its own.
Shibarium and SHIB: The Metaverse are the only contenders that can place SHIB towards the path of $0.01. If the team introduces an in-built ‘burning mechanism’ in Shibarium, the chances of Shiba Inu reaching $0.01 is much higher.
Shibarium could increase the footfalls of users buying and trading Shiba Inu as it promises lower gas fees. A small fee charged for transactions in Shibarium, that could then be ‘burned’ will remove tokens out of circulation.
A constant 24/7 ‘burning mill’ with Shibarium from 2024 to 2032 could pave the way for SHIB towards $0.01.
In conclusion, the real picture to know if SHIB can hit $0.01 will be known by the end of 2024. It all depends on how the team will introduce the ‘burning mechanism’ on Shibarium and the Metaverse that kickstarts its journey towards $0.01.