Shiba Inu Trending up Reignites 1 Cent Predictions
Now that Shiba Inu (SHIB) is starting to gain back some ground with its 1.45% increase today, investors and analysts alike may be interested to know when it will hit $0.01.
The coin is currently priced at $0.00001344 (SHIB/USD), so this cryptocurrency still has a long way to go to hit that important mark. We likely will not see anything close to one cent from Shiba Inu this year, but we could see significant increases in the coin’s value.
Over the last week, Shiba Inu has declined by nearly 9%, but it could be due for a resurgence soon. The cryptocurrency market is expected to explode this year, and while Shiba Inu did that in November with the rest of the market, we could see further instances of skyrocketing prices later this year.
Short and Long Term Predictions for Shiba Inu
For the current quarter, the SHIB price could hit $0.00009, which is considered to be on the high side of the range. That would put it well on its way to reaching 1 cent in the future, and this kind of achievement is not out of the question.
Shiba Inu has persevered where other memecoins have fallen. It has proven to be resilient and has been able to hold on when other crypto coins have bottomed out. We do see long-term potential for the coin. By the end of 2025, the SHIB price could be much higher, and especially so if Donald Trump starts to focus on improving the regulatory framework for cryptocurrency in the United States.
This week, Shiba Inu’s price is likely to decline in the face of tariff fears, but over the course of 2025, it could increase exponentially. There is no telling how high the coin could go if the cryptic market surges. The last surge brought Shiba Inu from $0.00001688 to $0.00003293 during the November elections. That increase of 100% could happen again the next time Trump make as move in favor of cryptocurrency.
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