Shiba Inu (SHIB) has faced challenges in 2025, seeing a notable decline in its value. Despite this, discussions about its potential continue.
Current Performance and SHIB's Decline
Since the beginning of 2025, the price of Shiba Inu has dropped by 46.5%. The most significant drop occurred in February, when SHIB lost 26.1% of its value. Currently, the token is trading at $0.00001120, representing a 3.67% decrease in the last 24 hours. To reach $0.001, SHIB would need to appreciate by approximately 8,750% from its current level.
Growth Projections to $0.001
Despite the current decline, some analysts discuss the possibility of reaching a price of $0.001. Factors such as increased whale accumulation and low resistance levels have been noted as contributors to potential growth. If SHIB grows by 30% annually, analysts predict it could reach the $0.001 mark around August 2042.
Alternative Predictions from Analysts
Some sources suggest a more optimistic outlook, asserting that the $0.001 target could be achieved between 2035 and 2039. However, significant challenges remain related to SHIB's current valuation and circulating supply that may impact its growth potential.
While projections for Shiba Inu to reach $0.001 vary, long-term estimates indicate that this milestone is still a long way off. Depending on market conditions and growth, SHIB may still be an appealing prospect for investors.