On Monday, Shiba Inu was trading at $0.000014, mostly moving sideways on the charts. The coin has barely seen a price surge in the past six months and is testing investors’ patience. Most traders entered SHIB hoping to take advantage of volatility as it deleted six zeros in three years.
Only those who got in at the beginning of its inception have made millions, while latecomers are now left holding on to their wallets. The only thing that keeps Shiba Inu investors going is the hope that it will one day replicate its previous performance. Meme currencies are known for wild price swings, and investors are hoping that SHIB will rise again.
However, a leading price prediction company predicts that Shiba Inu may remove two zeros and reach $0.002. The prediction is long-term and only those with diamond hands will be able to make the most of it. In this article, we will focus on the tentative timeline for when SHIB will reach $0.002.
Shiba Inu hits $0.002: When might SHIB reach its price target
Telegaon, a leading on-chain metric and price prediction company, has painted a positive picture for Shiba Inu. According to the price prediction, SHIB may reach its target of $0.002 in the next decade, i.e. in 2035. That is 11 years from today, which is considered a long-term position.
Forecasts show that the Shiba Inu will remove the third zero in 2035 and enter $0.002 in the same year. This is an increase compared to the current price of $0.000014, and a return on investment (ROI) of about 15,000%. Therefore, if the forecast is accurate, a $10,000 investment today could turn into $1,510,000 ($1.5 million). For the average investor in the next decade, this could undoubtedly be a life-changing gain.
