Renowned cryptocurrency analyst Luis Delgado, a.k.a Del Crxpto, has presented his argument for why Shiba Inu (SHIB) could reach the coveted $0.01 milestone.
This prediction, often dismissed as overly ambitious, continues to ignite discussions within the crypto community, particularly among SHIB investors.
Shiba Inu (SHIB) One-Cent Dream
The vision of Shiba Inu reaching $0.01 has become a cornerstone of hope for many SHIB holders. Since this prediction first emerged years ago, it has sparked heated debates among community members about the plausibility of such a feat. For some, this goal represents the ultimate success of their investment; for others, it seems an improbable fantasy.
While many analysts view the $0.01 prediction as unfeasible, Luis Delgado holds a more optimistic stance. Known for his insights into the cryptocurrency market, Delgado has argued that the crypto space has repeatedly defied expectations.
In response to critics who dismiss the one-cent goal, Delgado pointed out that he has witnessed seemingly impossible scenarios materialize in the crypto world.
His confidence appears rooted in past events where unexpected surges and unprecedented achievements have occurred, proving that the market is full of surprises.
The Math Behind $0.01: What It Would Take
The $0.01 target is an ambitious price projection. To achieve this goal, SHIB will delete three zeros. This represents about a 39,000% increase from current prices.
This exponential growth would push Shiba Inu’s market capitalization to an astonishing $5.878 trillion. At this valuation, SHIB would surpass Bitcoin and Ethereum to become the largest cryptocurrency in the world.
To put this into perspective, an investor holding 100 million SHIB tokens—currently worth $2,549—would see their portfolio balloon to $1,000,000 if SHIB reached $0.01.
While achieving such a dramatic surge may seem far-fetched, Shiba Inu has previously demonstrated its capacity for extraordinary growth. During the 2020-2021 bull market, SHIB rose from $0.000000000056 to $0.00008845 within just 14 months. This remarkable rally is evidence of the token’s potential for meteoric rise.
Community Optimism: Belief in the $0.01 Vision
Despite the skepticism surrounding the prediction, many within the Shiba Inu community remain optimistic.
Luis Delgado is no stranger to expressing his belief in SHIB’s potential. In July, he highlighted Dogecoin’s unprecedented rise as an example of how seemingly impossible market trends can become reality. His argument underscores the unpredictable nature of cryptocurrencies and their potential for rapid appreciation.
Shiba Inu’s marketing specialist, Lucie also recently affirmed her belief that SHIB would eventually hit $0.01. In March, two prominent Bitcoin enthusiasts echoed similar sentiments after the SHIB price surged to $0.000045.
We are on twitter, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) July 15, 2023
When Could $0.01 Happen?
Some experts have even attempted to provide timelines for when the $0.01 milestone might be reached. Analysts like Jason Williams and Yazan have forecasted that Shiba Inu’s price could surpass $0.01 and climb to $0.05 during this market cycle.
Others, including analysts from Changelly, predict that SHIB could achieve the $0.01 mark sometime between 2033 and 2040. While these timelines are speculative, they reflect a growing belief that Shiba Inu has the potential to reach significant price levels over the long term.
Shiba Inu’s $0.01 target remains one of the most debated predictions in the cryptocurrency space. While the path to achieving this milestone is undoubtedly steep, the token’s history of exponential growth and the unwavering optimism of its community suggests it may not be entirely out of reach.
Luis Delgado’s perspective highlights the predictable crypto market and the potential for unexpected successes. Whether Shiba Inu reaches $0.01 or not, it has already solidified its place among the most talked-about tokens in the digital asset space.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
Follow us on Twitter, Facebook, Telegram, and Google News