A well-known analyst suggests that the price of Shiba Inu (SHIB) could reach $0.01, despite the token's current struggles.
Why $0.01 is Possible?
Despite a 42% decline since the start of the year, SHIB has caught the attention of analysts. Among them, Luis Delgado, known as Del Crxpto, argues that such a price surge is possible. He states that the crypto market has repeatedly defied expectations.
When Could SHIB Reach $0.01?
Forecasts vary on when SHIB might hit the $0.01 mark. Some analysts believe it could happen by the end of the year, while others suggest it could take decades.
Necessary Changes in Shiba Inu Ecosystem
To reach $0.01, significant structural changes in the SHIB ecosystem will be necessary. Reducing the circulating supply and increasing real-world adoption could support the token's value growth.
While opinions differ, analysts agree that reaching $0.01 is possible under favorable conditions and ecosystem changes, though the event remains highly debated.
