Shiba Inu (SHIB) cutting off one zero in the near future isn't looking likely based on current projections. To "cut off one zero" would mean SHIB reaching $0.0001 from its current price around $0.00001511.
Projections for SHIB
- *Short-term Predictions*: Analysts see potential for SHIB to trade in the $0.000018–$0.000022 range in Q3 2025, assuming Bitcoin stays stable and momentum holds.
- *Long-term Projections*: If SHIB grows at a steady 2% per month, it could eliminate the first leading zero by March 2034, reaching $0.0001 ¹ ² ³.
Factors Influencing SHIB Price
- *Exchange Balances*: Decreasing SHIB tokens on exchanges suggest reduced selling pressure.
- *NVT Ratio*: A low NVT ratio indicates SHIB might be undervalued.
- *Whale Activity*: Decreased whale trading activity could suggest a potential downward trajectory for SHIB's price ⁴ ⁵.
Would you like me to look further into SHIB's fundamentals or provide more predictions?