#OneBigBeautifulBill If the price of Shiba Inu grows modestly by 30% annually, it could reach the ambitious target of $0.001 within the next few years.
Can SHIB Hit $0.001 $SHIB
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%.
Timeline for SHIB’s Surge to $0.001 If It Grows 30% Yearly
If Shiba Inu grows by 30% annually, its price will rise to approximately $0.00001469 by July 2026. Assuming this growth rate continues, SHIB’s price could reach $0.00002482 by 2028.
Maintaining a 30% annual growth rate until 2030 would see SHIB hit around $0.000042. By 2034, it would breach the $0.0001 psychological barrier, reaching roughly $0.0001199.
This consistent 30% annual growth would push Shiba Inu’s price to approximately $0.000579 by 2040, increasing further to around $0.000978 by July 2042. Notably, SHIB is expected to reach the ambitious target of $0.001 by August 2042, exactly 17 years and one month from today.
Other Experts’ Timelines for SHIB to Reach $0.001