$SHIB
🚨Can SHIB Coin Hit $0.001🚨
Currently, Shiba Inu is trading at $0.00001130, down slightly by 2.04% over the past 24 hours. To reach $0.001, SHIB would require a massive rally of approximately 8,749% from its current price. This would eliminate two leading zeros and set a new all-time high.
While the $0.001 price target may seem highly ambitious, it is not entirely impossible for Shiba Inu to reach it, especially if it grows by 30% annually. However, it could take a considerable amount of time for SHIB to attain this target from its current level.
Notably, The Crypto Basic explored the timeline for when Shiba Inu could hit $0.001, assuming its price grows 30% annually starting in 2025. As mentioned earlier, Shiba Inu is currently down 46.5% year-to-date. However, there is still a chance for a rebound, particularly by October, which historically has an average growth rate of 213%.