Shiba Inu To Hit 6 Cents, Here’s When

Shiba Inu To Hit 6 Cents, Here’s When

PENGY September 11, 2024, 1:03 am Facebook Twitter


The Shiba Inu (SHIB) market is full of surprises. Since its inception, the asset has grown by over 16413791.37% from its low of $0.00000000008165. In addition, SHIB saw an 81% increase this year alone. While the meme coin has been slow in price lately, the asset could soar considering its past growth. Looking back at this, the 1-cent dream seems too easy. As a result, the community has been hoping to claim the 6-cent mark.

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Telegaon has chimed in on this bold prediction and revealed when SHIB will reach this price level. According to their estimates, SHIB might rise to a staggering $0.06 (6 cents) in price between 2030 and 2040. This prediction has given the SHIB community newfound excitement and caught the interest of both experienced and new investors.

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How is Shiba Inu Faring Right Now?

At press time, Shiba Inu was trading at $0.00001338 with a 1.65% rise over the last 24 hours. August was a bad month for the meme coin, dipping by nearly 4%. This pushed the asset further below its all-time high of $0.00008845. Currently, the meme coin is 84% below this peak which was achieved back in October 2021. But the market has big bets on the asset for September.

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After examining Shiba Inu’s previous and current performance, Changelly data indicates that cryptocurrency experts believe the SHIB rate could peak at $0.0000285 in September 2024. However, the chances of the asset falling to a low of $0.0000123 were also highlighted. In addition, the estimated average Shiba Inu for September 2024 is close to $0.0000204.

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Also Read: Musk’s Dogefather Skit Recall Sparks Dogecoin’s 6% Rise: $0.22 Next?

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