A market analyst believes Shiba Inu has the potential of Reach a price of 0.1 hundred, arguing that such a price stage is “possible” for the memes piece.
This comment occurs while Shiba Inu fights to regain her place in the middle of a massive correction which lasted more than a week. During this period, Shib has constantly attended lower ups, recently abandoning the pivot Psychological support of $ 0.00002.
Despite this lower price action, some market analysts remain optimistic about the prospects of Shiba Inu. Shib Knight, a community figure and an expert with almost half a million followers on X, is one of those optimistic individuals.
“Shiba Inu at $ 0.001 possible”
In one of his latest comments, Shib Knight argued that a price of $ 0.001 was possible for Shiba Inu. Interestingly, he made this daring conclusion months ago when Shib was in a very worse position than today.
Particularly, at the time of THE disclosure Last August, Shiba Inu exchanged at an average price of $ 0.00001380. Since then, Shib appreciated, which is argued by 142% at the most recent summit of $ 0.000033,343 last December. Despite a drop of this summit, Shiba Inu has always been 34% since the disclosure of Shib Knight.
This confirms that Shib is now in a better position To reach the price level of $ 0.001 in last August. In particular, with its price For $ 0.0000001849, Shiba Inu should increase by 5,308% to reach the price level of $ 0.001.
Meanwhile, Shib Knight also suggested that the lower price target of $ 0.0001 is not only possible but “realistic”. This indicates that if the market analyst estimates that $ 0.001 is possible in the long term, he is convinced that the price target of $ 0.0001 is more possible for Shiba Inu.
In particular, the closest Shiba Inu was reaching $ 0.0001 was in October 2021, when it reached all time higher $ 0.00008,845. At this price, SHIB only needed an additional increase of 13% to $ 0,0001. Most analysts agree that Shiba Inu could recover the ATH in the current cycle, an additional 13% Rally at $ 0.0001 becomes instead plausible.
Timelines for Shib to reach $ 0,0001 to $ 0.001
Interestingly, Mama Whale, a community expert, predicted deadlines for Shiba Inu to reach these levels in a post on X last last. The promoter shared a graph revealing the remarkable course of Shiba Inu with a price of 0.00000000,000510 in August 2020 to $ 0.00000,73 in September 2023.
They suggested that Shib was on the right track to repeat this race, predicting the same to Recover your ATH $ 0.00008845 In January 2025. At the current price of Shiba Inu, Altcoin should increase 378% to reach the peak of all time. However, with two days to play in January, it is unlikely that it will materialize.
🚨 The legend of $ Shib: The story will be repeated
~~~~~~~~~~~~~~~~~~~~~$ Shib BluePrint 2025🦊
~~~~~~~~~~~~~~~~~~~~~
> January 2025 at all high times
> 2025 February 0.0001 $ +
> March 2025 $ 0.0005 +
> April 2025 $ 0.001 +✨️ $ Shib $ 0.01 ✨️Q1 2025$ shib # 1Centream #Soon pic.twitter.com/gj4hculg4v
– even Whale # (@ salam3436797099) December 24, 2024
Meanwhile, Mama Whale predicts that next month, Shiba Inu could reach the goal of $ 0,0001 previously set by Shib Knight. Other projections set a goal of $ 0.0005 by March 2025, then $ 0.001 in April 2025. However, these predictions seem rather impracticable, given the current market condition.
Difles: This content is informative and should not be considered financial advice. The opinions expressed in this article may include the author’s personal opinions and do not reflect the basic opinion of cryptography. Readers are encouraged to do in -depth research before making investment decisions. The Crypto Basic is not responsible for financial losses.