Shiba Inu Price Prediction Soars: $0.01 on the Horizon?
(note: the post contains data by CoinPedia)
A marketing specialist within the Shiba Inu ecosystem predicts SHIB could reach $0.01, fueled by recent community activity and burning rate.
Lucie, a marketing expert within the Shiba Inu community, has stirred the crypto space yet again with her bold prediction for SHIB’s future value, suggesting that it could eventually hit $0.01. Despite currently trading for less than a penny, Lucie believes SHIB has the power to eliminate two decimal places, paving the way for this significant milestone.
Although the token is currently in the red, recent community activity, an ongoing burning rate, and reaching the $0.00003 milestone have sparked a bullish vibe. Crossing the $0.00001 barrier has infused the community with optimism, anticipating a climb to $0.0001.
In a recent post, Lucie underscores the importance of patience, stating that reaching $0.01 won’t happen overnight. She takes a long-term perspective, emphasizing that “Everything takes time.” This aligns with Shiba Inu’s recent rally, with SHIB soaring to a multi-year high of $0.00004456 from just $0.0000097 within two weeks—a staggering 359% gain.
Market data reveals a significant 330.89% increase in the SHIB burn rate, with 297.19 million coins burnt in the last 24 hours, reducing the circulating supply to 582.49 trillion SHIB.
