Shiba Inu crossed the $0.00003 mark on Friday after Bitcoin crossed the $100,000 mark. SHIB is sparking bullish sentiments in the charts as it has surged over 200% in a year. The broader cryptocurrency market is recovering in the final quarter of 2024 after Trump takes over the presidency. The president-elect selects crypto-friendly appointees to the highest positions in the cabinet, making the markets optimistic.
A leading think tank has predicted that SHIB will prepare for a massive rally in 2025 and drop two zeros by 2026. Cryptocurrency markets appear to be in a better position this time than in the last 15 years . It is gradually being recognized by the general public, and even the White House now knows its nuances. Therefore, the event makes Shiba Inu better prepared than ever for a rally.
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Shiba Inu could drop 2 zeros and reach $0.0017 in 2026
Leading On-Chain Metrics and Price Prediction Company Government capital predicted that Shiba Inu will reach the price target of $0.0017 in 2026. This is still two years away and is considered a long-term hold. Additionally, if SHIB hits $0.0017, that would represent an uptick and a return on investment (ROI) of around 5,600%. Thus, an investment of $1,000 could turn into $57,000 if the forecasts prove accurate in 2026.
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SHIB’s bullish forecast comes at a time when the market is preparing for an upward trajectory. Bulls are hoping for a repeat of the 2021 rally that made many investors millionaires. Shiba Inu soared 85,000,000% (85 million percent) between 2020 and 2021 and posted life-changing gains.
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If the 2021 uptrend repeats in 2025-2026, current SHIB investors could also make millions. However, whether the dog-themed token rises or heads south, we must wait and watch.