Here’s When Shiba Inu Is Expected to Reach $0.00010, $0.00022 and $0.00032

A prominent crypto trading platform has argued the timeline for Shiba Inu to reach ambitious targets such as $0.00010, $0.00022, and $0.00032.

Over the past seven days, Shiba Inu canceled one of its leading zeros to trade at a price above $0.000010 for the first time in more than a hundred days.

In particular, CoinMarketCap statistics indicated that Shiba Inu has grown more than 22% from a low of around $0.0000086 to over $0.00001031 within one week. For context, the last time Shiba Inu hit a comparable milestone was in August.

In other words, Shiba Inu has broken a four-month-long bearish trend in a week amid the Bitcoin rally impacting the overall market. Amid Shiba Inu’s renewed positive momentum, leading crypto exchange Changelly has released a new report weighing in on Shiba Inu’s price outlook.

Specifically, the report forecasted how high Shiba Inu could trade between now and 2032. In the report, Changelly first highlighted that the overwhelming perception among crypto market participants regarding a Shiba Inu investment is “bullish.”

Shiba Inu sentiment

Changelly predicts the digital asset will surge 7.98% to a high of $0.00001082 in the next three days. However, the report suggested that $0.00001082 would be SHIB’s peak point for the year 2023.

Meanwhile, Changelly argued Shiba Inu will lose the recently canceled decimal places and fall back to around $0.000009 in the first week of January 2024. Nonetheless, the exchange predicted that Shiba Inu would have a 2024 average price of $0.0000149985.

When Will Shiba Inu Reach $0.00010, $0.00022 and $0.00032?

Furthermore, the forecast report highlighted that Shiba Inu will maintain the current four leading zeros for six years before the first attempt at eliminating a decimal place.

Specifically, Changelly noted that Shiba Inu could have a maximum trading price of $0.0001079892 in 2029. Yet, it forecasted the year’s average to be $0.0000889911. Besides, the exchange expects Shiba Inu to enter the $0.00022 range for the first time by 2031.

Shiba Inus price prediction up to 2032

Ultimately, the report highlighted that Shiba Inu could see a maximum of $0.0003259674 by 2032. Such an ambitious price target would imply a growth exceeding 3,072% from Shiba Inu’s current price.

Source