Telegaon predicts that Shiba Inu (SHIB) will reach this $0.02 (2 cents) price target by 2030–2040. They say this dream might not be just a dream
With its current pricing strategy, Shiba Inu has generated fresh enthusiasm within its community. The coin’s market capitalization and trading volume reached $5,447,783,320 and $469,642,081, respectively, as it continued to rise by 12.15% throughout the course of the night to $0.00000926.
A fresh era of hope has been ignited by this degree of growth, which brought SHIB its highest price for the month. The hope is that the token will eventually retest one cent and have a chance to erase one zero in the immediate term.
The Shiba Inu (SHIB) dream to claim a $0.02 (2 cents) price might not be mere wishful thinking, according to Telegaon, which predicts SHIB to hit this target between 2030 and 2040.
Telegaon acknowledged that Shiba Inu has progressed from its initial status as a meme and pointed to the token’s inclusion on well-known exchanges and incorporation into payment systems as the reasons for its remarkable long-term price rise.
Based on Telegaon’s forecasts, Shiba Inu is expected to end the year at a minimum price of $0.0000121, which means that one zero will be removed from its present price level. With an average of $0.0000239, the platform predicted that the best price that SHIB might achieve by the end of 2023 would be $0.0000316.
Telegaon predicted that SHIB will have more remarkable increases between 2024 and 2040, when it is anticipated to reach a maximum price of $0.089.
The SHIB community has been working towards seeing the price of SHIB approach one cent over time. It’s interesting to note that Telegaon estimates that the likelihood of this occurring is between 2 and 8 cents between 2030 and 2040.
Telegaon anticipates a big return for the most ardent SHIB supporters who are willing to hold onto the token, potentially reaching an eventual high of $1.06 by the end of 2050. At the time of publication, this is still theoretical, though.
