Analyst Boldly Predicts $SHIB Inu Will Shock the Market With $0.01 Surge.
Shiba Inu price prediction goal sparks debate as bullish forecasts clash with bearish concerns.
The discussion comes at a time when Shiba Inu (SHIB) is trading at $0.00001177, posting a modest 1.7% gain over the past week. The price action has been relatively steady but volatile, with SHIB climbing to a weekly high near $0.00001212 after dipping to a low around $0.00001115 on July 1.
Despite this sideways performance, social media discussions remain energized by renewed price predictions. One notable voice is YourPOP, a well-known crypto enthusiast on X, who continues to maintain a bullish outlook on SHIB.
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Shiba Inu to $0.01?
After previously calling for a return to the token’s all-time high of $0.00008616, a level SHIB currently sits more than 86% below, YourPOP returned this week with an even more aggressive forecast: SHIB to $0.01.
Such a move would represent an increase of over 848,000%. If the token’s circulating supply remains unchanged, the market cap would need to reach nearly $5.9 trillion—more than double the current total value of the entire crypto market.
The forecast has sparked widespread reaction, likely due to the potential growth margin. A user pointed out that SHIB’s massive supply remains the biggest obstacle, arguing that the only realistic path to higher prices involves large-scale token burns. The user suggested that the supply would need to shrink to around 6 to 7 trillion tokens before any meaningful upward movement becomes feasible.
SHIB to $0.01 Like Dogecoin Legal Tender on Mars
Another dismissed the prediction entirely, calling it fake. A separate X user took a humorous approach, likening SHIB hitting $0.01 to fictional scenarios like Dogecoin becoming legal tender on Mars.
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Elsewhere, another community member stated that such price levels might be attainable over a longer horizon, possibly over the next decade, but not under current market conditions.
There was also criticism directed at Shibarium, SHIB’s Layer 2 network, which one commenter believes is not actively supporting aggressive burn strategies.
Previous Predictions to $0.01
Recall, Shiba Inu community figure Luis Delgado previously provoked optimism around the token’s $0.01 target, sharing a message on developments to the then expected moves by lead developer, Shytoshi Kusama.
At the time, Delgado believed these hidden initiatives could significantly boost SHIB’s utility and demand, potentially driving the price higher, as reflected in his use of the hashtag #1CentDreamSHIB. While figures like Delgado supported the long-term vision, many remained skeptical due to the token’s massive circulating supply.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.
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After previously calling for a return to the token’s all-time high of $0.00008616, a level SHIB currently sits more than 86% below, YourPOP returned this week with an even more aggressive forecast: SHIB to $0.01.
