The Shiba Inu team has once again raised the question of the possibility of reaching a price of $0.01 for the popular meme coin. Despite current low prices, discussions continue.
The Long-Awaited $0.01 Goal
The price of Shiba Inu currently hovers around $0.000012, significantly below the single-cent mark. This month, the conversation reignited after a tweet from *The Crypto Basic*, reporting that a leading team member believes this price is a real possibility.
Marketing Lead Lucie's Optimism
Lucie, the marketing lead at Shiba Inu, has expressed confidence that SHIB can reach $0.01. She noted that she first became a holder in 2021 and has believed in the project's long-term potential ever since. Lucie emphasized that an important factor in growth is the reduction of the vast token supply, which is being decreased through the Shibarium project.
The Reality of Reaching $0.01
The conversation surrounding reaching a price of $0.01 has split the community into two camps. Supporters believe that over time and with a decrease in supply, it's possible. However, skeptics point to the need for a significant increase in market capitalization to achieve this goal. Even with optimistic forecasts, such changes require active support from institutional investors.
Despite the disagreements and current market conditions, the Shiba Inu team and its community continue to believe in the possibility of achieving the long-awaited price of $0.01.
