Shiba Inu (SHIB) has seen renewed interest due to recent positive developments in the crypto market. Over the past 24 hours, the token’s value has increased by 1.44% bringing its current price to approximately $0.00001344. This represents a 16.66% rise over the last week.
With this modest rally, discussions surrounding Shiba Inu’s long-term prospects have re-emerged, particularly the long-standing community goal of reaching a price of $0.01. Commonly referred to as the “one-cent goal,” this milestone has been a topic of discussion since the token’s peak performance during the 2020–2021 bull cycle.
SHIB Historical Context and Community Optimism
Shiba Inu originally launched with ten decimal places in its value but managed to reduce that number by five during its historic rally, reaching an all-time high of $0.00008845. That increase encouraged widespread belief among holders that SHIB could continue on a path of substantial growth during future bullish trends.
Although achieving a price of $0.01 would require SHIB to eliminate three more decimal places from its current value, many within the community remain optimistic. Prominent figures associated with the Shiba Inu ecosystem, including its marketing lead Lucie, have expressed that while the one-cent target may be attainable, it is unlikely to happen soon.
Similarly, community advocate Luis Delgado believes that upcoming developments under the guidance of lead developer Shytoshi Kusama could play a role in driving further price appreciation. Crypto content creator YourPOP has also suggested that SHIB could eventually reach this price level.
Shiba Inu (SHIB) Long-Term Growth Projections
To assess the timeline for Shiba Inu (SHIB) potentially reaching $0.01, the token is projected to increase in value by 2% every month, using $0.0000124 as the starting price.
If Shiba Inu grows steadily at a monthly rate of 2% from its current price of $0.00001344, it is projected to reach approximately $0.00001512 by December 2025. At this rate, SHIB could surpass the $0.0001 threshold by March 2034. Continuing on this trajectory, the token may approach $0.001 around late 2043 and potentially achieve the $0.01 milestone by May 2053.
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This represents a growth period of roughly 27.8 years, or 334 months, assuming uninterrupted monthly gains of 2%. This estimate is more conservative compared to other projections. Changelly anticipates SHIB could hit $0.01 by 2033, while Telegaon places its forecast between 2036 and 2039.
Supply Concerns and Market Cap Implications
A major concern surrounding the possibility of SHIB reaching $0.01 relates to the implications for market capitalization. Based on its current supply, an increase to $0.01 would require SHIB’s market cap to reach approximately $5.89 trillion, an amount that would far exceed the total value of today’s cryptocurrency market.
Due to this, some community members argue that significant reductions in the token’s supply are essential. One proposal suggests reducing SHIB’s circulating supply to 7 trillion tokens. Under that scenario, a $0.01 price would result in a market capitalization of about $70 billion, which some view as a more realistic valuation considering the broader market.
While the notion of SHIB reaching $0.01 remains appealing to many investors, achieving this goal would require either decades of steady growth or major changes to the token’s supply dynamics. Although optimistic projections exist, practical considerations such as market cap feasibility and long-term consistency must be considered when evaluating this possibility.
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 advised to conduct thorough 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.
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