CandleFocus Data Analysis Firm Discusses How Shiba Inu Could Reach $0.01
2024-10-29
Author: Content Editor
CoinCodex, a data analysis platform, has assessed the potential for Shiba Inu (SHIB) to reach a price of $0.01 within six years. Although SHIB has recently experienced losses, some supporters believe there is a possibility of a rally to $0.01. CoinCodex acknowledges that reaching $1 or $0.50 is unlikely under current market conditions, but points to SHIB's remarkable surge in 2021 as evidence of its growth potential. The report suggests that reducing SHIB's supply through token burns may be a solution to achieve higher prices. CoinCodex predicts that SHIB could reach around $0.001978 by 2030, representing a significant increase from its current price.
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