Cryptocurrency

Shiba Inu Team Member Backs SHIB to Hit $0.01. Here’s the Timeline

Shiba Inu’s recent surge has led many investors to speculate on its future value. Lucie (@LucieSHIB), a Shiba Inu marketing specialist, has thrown her hat in the race, sharing a long-term vision for SHIB.

While SHIB is currently trading at $0.00003325, Lucie believes the meme coin can reach $0.01. However, she emphasizes a long-term perspective, acknowledging that significant price appreciation takes time. This outlook contrasts with predictions seeking immediate gains.

Read Also: Shiba Inu Lead Dev Backs SHIB To Surpass $0.00012

Shiba Inu’s Recent Performance

Lucie’s prediction coincides with a period of impressive growth for Shiba Inu (SHIB). Over the past two weeks, the token’s value has skyrocketed by over 300%, reaching $0.00004456, a price it has not reached since it fell from its all-time high in late 2021. This surge shows that SHIB still has the capacity for massive climbs.

Meanwhile, ChatGPT recently shared its prediction that SHIB will reach a new all-time high in 2024, adding credence to SHIB’s capabilities.

Historical Precedent for Growth

Should SHIB reach $0.01, it would represent a significant increase of over 29,975% from its current price. However, such a dramatic rise wouldn’t be entirely unprecedented for the meme coin.

In its earlier days, it experienced even more substantial rallies, culminating in its all-time high of $0.00008845. This historical precedent adds weight to the possibility of future growth.

The SHIB Ecosystem’s Future

Lucie’s analysis extends beyond SHIB, encompassing other tokens within the Shiba Inu ecosystem. Notably, she expressed bullish sentiment on Doge Killer (LEASH) and Sheboshis (SHEB), describing them as dark horses.

According to Lucie, selling LEASH below $5,000 suggests a lack of understanding of its long-term value proposition. LEASH is currently trading at $682.17. Lucie’s $5,000 target requires a 632.9% surge, and she believes that is the minimum, showing how much faith she has in the SHIB ecosystem tokens.

Read Also: Shiba Inu Team Burns 9.35 Billion SHIB As Price Surges To Delete A Zero

Furthermore, Lucie emphasizes the importance of holding BONE, the gas token for Shibarium, the layer-2 blockchain solution for the Shiba Inu ecosystem. Owning BONE is expected to provide benefits within the Shibarium network, and Lucie has been a strong advocate for using Shibarium.

Multiple experts have predicted SHIB’s 2024 trajectory and the consensus is that SHIB is on its way up. With a growing community, significant developments in Shibarium and the broader ecosystem, and token burn initiatives, SHIB has more potential now than ever and could shock the crypto world in 2024.


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Tobi Loba

Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.

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