CandleFocus Expert Questions Whether Shiba Inu Reaching $0.01 Can Happen or If It’s Just a Dream—Here’s the Answer
2024-12-19
Author: Content Editor
Crypto YouTuber CryptoJack is questioning whether Shiba Inu (SHIB) can realistically achieve its ambitious price target of $0.01. While some market watchers believe SHIB can reach this milestone by 2040, others doubt its potential due to the massive amount of growth required. Reaching $0.01 would require a 41,290% rally in price and a market cap of $5.84 trillion. Many users believe that burning a significant portion of SHIB's supply may be necessary for it to reach the target. Despite facing selling pressure during the market downturn, Shiba Inu is still trading above a key support level, and experts urge investors not to panic sell.
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