Here’s When Shiba Inu Is Expected to Reach $0.00010, $0.00022 and $0.00032

A prominent crypto trading platform has argued the timeline for Shiba Inu to reach ambitious targets such as $0.00010, $0.00022, and $0.00032.

Over the past seven days, Shiba Inu canceled one of its leading zeros to trade at a price above $0.000010 for the first time in more than a hundred days.

In particular, CoinMarketCap statistics indicated that Shiba Inu has grown more than 22% from a low of around $0.0000086 to over $0.00001031 within one week. For context, the last time Shiba Inu hit a comparable milestone was in August.

In other words, Shiba Inu has broken a four-month-long bearish trend in a week amid the Bitcoin rally impacting the overall market. Amid Shiba Inu’s renewed positive momentum, leading crypto exchange Changelly has released a new report weighing in on Shiba Inu’s price outlook.

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Specifically, the report forecasted how high Shiba Inu could trade between now and 2032. In the report, Changelly first highlighted that the overwhelming perception among crypto market participants regarding a Shiba Inu investment is “bullish.” 

Changelly predicts the digital asset will surge 7.98% to a high of $0.00001082 in the next three days. However, the report suggested that $0.00001082 would be SHIB’s peak point for the year 2023.

Meanwhile, Changelly argued Shiba Inu will lose the recently canceled decimal places and fall back to around $0.000009 in the first week of January 2024. Nonetheless, the exchange predicted that Shiba Inu would have a 2024 average price of $0.0000149985.

When Will Shiba Inu Reach $0.00010, $0.00022 and $0.00032?

Furthermore, the forecast report highlighted that Shiba Inu will maintain the current four leading zeros for six years before the first attempt at eliminating a decimal place.

Specifically, Changelly noted that Shiba Inu could have a maximum trading price of $0.0001079892 in 2029. Yet, it forecasted the year’s average to be $0.0000889911. Besides, the exchange expects Shiba Inu to enter the $0.00022 range for the first time by 2031.

Ultimately, the report highlighted that Shiba Inu could see a maximum of $0.0003259674 by 2032. Such an ambitious price target would imply a growth exceeding 3,072% from Shiba Inu’s current price.

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• Source: https://thecryptobasic.com/2023/12/09/heres-when-shiba-inu-is-expected-to-reach-0-00010-0-00022-and-0-00032/?utm_source=rss&utm_medium=rss&utm_campaign=heres-when-shiba-inu-is-expected-to-reach-0-00010-0-00022-and-0-00032