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Here’s Where Shiba Inu Price Could Land if SHIB Rises 5,000%, 10,000%, or 20,000%
Many investors know crypto assets like Shiba Inu (SHIB) for their huge price swings. This often works in Shiba Inu’s favor, as witnessed in the 2020/2021 market cycle, when SHIB surged by hundreds of millions of percent to an all-time high of $0.00008845.
Let’s explore the potential price of SHIB if it soars 5,000%, 10,000%, and 20,000% from this level.
Understanding the Growth Rate
Although the scenarios are highly speculative, they can help illustrate the scale of change that such growth—5,000%, 10,000%, or 20,000%—would represent.
The lowest growth rate in the scenario (5,000%) assumes that the current price of SHIB would be multiplied by 51. This represents a surge of 50 times the original amount plus the initial price. 10,000%, also assumes that Shiba Inu’s current price would multiply by 101 (or surge 100 times the original amount plus the original price).
The 20,000% increase also represents a multiplication of the current price by 201 (or a surge of 200 times the original amount, with the original price added to the total.
Earlier this year, The Crypto Basic forecasted that SHIB would hit the $0.0006 price mark between 2030 and 2033. Experts from Changelly envision Shiba Inu hitting the $0.000627 price by February 2034.
Additionally, Changelly expects SHIB to hit the $0.001244 target between 2035 and 2039, while the exchange expects the $0.002474 price to materialize within the first two months of 2040.