Shiba Inu could reach $9 in the long term
artificial intelligence to predict digital currency prices, SHIB unit price could rise to $9.61 by 2050.
The analyst firm has made various price forecasts for SHIB from 2022 to 2050. Telegaon has made a price forecast in three categories: minimum, average and maximum price.
Telegaon Shiba Inu Predictions
By 2025, a year after the next Bitcoin halving, Telegaon noted that SHIB will reach a new all-time high (ATH). The average price target for Shiba Inu in 2025 is $0.0001152, and the maximum price target is set at $0.0001928.
Similarly, the cryptocurrency research firm noted that by 2030, the average price of SHIB is expected to reach $0.000935, with a maximum price of $0.00112.
Telegaon noted that it expects Shiba Inu to rise again to a new all-time high by 2040 because the second-largest memecoin must have burned through 50% of its total supply.
“By 2040, we can expect the average price to be $2.76 depending on market trends.
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