Shiba Inu Price Prediction: Will SHIB Reach $0.01? Lucie Remains Confident

Shiba Inu content specialist Lucie remains confident that SHIB will eventually reach $0.01, regardless of ongoing price fluctuations.

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Shiba Inu content specialist Lucie remains optimistic about SHIB eventually reaching the $0.01 mark despite ongoing price fluctuations.

Notably, Shiba Inu experienced a surge in the first quarter, rising above $0.000045, which fueled hopes for further growth. Among those anticipating the meme coin’s continued success is Lucie, who has been investing in Shiba Inu since 2021.

In Q1, Shiba Inu’s price surged by approximately 380% in ten days, reaching a price level last seen in 2021. Considering that SHIB traded as low as $0.00000543 in Q3 2023, the meme coin’s growth to $0.00004543 in Q1 2024 marks an impressive 736% gain.

This surge has kept the hopes of the SHIB Army alive, with many aspiring for the elimination of more zeros from the meme coin’s price. A price of $0.01 has been a long-standing dream for the SHIB community.

While some might view the $0.01 target as distant, a member of the Shiba Inu project team has openly stated that it is achievable. Lucie highlights that it is only a matter of time, and she believes in Shiba Inu’s one-cent dream, no matter how long it takes.

For context, with Shiba Inu currently trading at $0.00001359, the asset would need extraordinary price growth of 73,483% to reach $0.01.

Popular Hopes for Shiba Inu to Reach $0.01

Interestingly, Lucie is not alone in anticipating a $0.01 price point for SHIB. Two months ago, analyst Luis Delgado expressed strong optimism about Shiba Inu reaching $0.01, citing Dogecoin’s historic surge as a precedent. He believes a similar rise for Shiba Inu is bound to happen.

During Shiba Inu’s historic surge in March, two Bitcoin investors asserted that $0.01 is not only possible for SHIB but that it could even reach up to $0.05.

In recently updated price forecasts, the Changelly exchange and Telegaon prediction platform highlighted that SHIB could reach $0.01.

Given the vast potential price jump to $0.01, investors are left wondering about the timeframe for such a significant increase amid widespread confidence in its eventual occurrence.

Possible Timelines for $0.01 SHIB

According to analysts Jason Williams and Yazan XBT, Shiba Inu could exceed $0.01 by next year. This is easily the most audacious timeline for SHIB’s one-cent dream, as other experts argue for longer timelines.

For instance, researchers at the Changelly exchange believe $0.01 is achievable for Shiba Inu in 26 years by 2050. Meanwhile, market watchers at Telegaon suggest a timeline that is a decade earlier.

Hypothetically, Shiba Inu could hit $0.01 in ten months if it experiences 100% monthly price growth, though this is speculative and unlikely.

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