Top market analysts have asserted Shiba Inu could attain significant price levels in the range of 10 cents. However, the timeline of reaching such levels has always posed a considerable concern for potential investors.
For context, a 10-cent is equivalent to $0.1. Achieving this price mark from SHIB’s current price of $0.00000979 would imply a 1,021,350% increase.
The above percentage might seem outrageous, but SHIB exhibited a higher surge during the 2021 rally.
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According to CoinGecko, SHIB has exceeded its all-time low price level by about 17,000,000%. It goes a long way in explaining why SHIB to $0.1 appears feasible.
Talegaon Projects Potential Timeline For SHIB To Attain $0.1
Talegaon is a renowned crypto assets analytics platform that has picked interest in the Shiba Inu (SHIB) price debate. The analytics platform identified three specific price targets for SHIB, with potential timelines for the prices to play out.
Estimating a possible timeline for SHIB to attain $0.1, the crypto analytics platform noted such a price level could play out between 2040 and 2050.
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Talegaon noted that SHIB’s maximum and average prices in 2040 would be $0.089 and $0.076, respectively. On the other hand, the analytics site projected 2050 maximum and intermediate prices to be $1.06 and $0.89, respectively.
A closer look at the above price targets will create a better picture of a potential timeline for SHIB to attain the $0.1 price mark.
Meanwhile, Talegaon also predicted potential timelines for Shiba Inu (SHIB) to attain other specific price targets, such as $0.001 and $0.01.
Read Also: Crypto Tracking Platform Sets Shiba Inu (SHIB) Price from Now to the Next 10 Years
Will Shiba Inu (SHIB) Remain Relevant in 2040?
While we keep saying that Shiba Inu (SHIB) to $0.1 is not far-fetched, the big question remains if Shiba Inu will circumvent all odds to be relevant in the 2040s and 2050s.
Launched in 2020, it is safe to say that Shiba Inu is still a baby cryptocurrency that has a long way to go if it must remain afloat amid hundreds and thousands of emerging and other old cryptocurrencies.
For Shiba Inu (SHIB) to remain relevant for decades, it must improve its real-world applications. By doing so, SHIB will attract more users, spiking its adoption rate and relevance to higher levels.
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