Leading Exchange Predicts SHIB Could Rise 165%, Reach $0.0000225

Shiba Inu is currently trading at $0.00000850 and is down nearly 0.1% in the 24-hours day trade. Its price remains stagnant for over a week with little to no signs of a positive rally. The sentiments for SHIB have mostly turned negative as investors are skeptical about its prospects. The dog-themed token is on a constant decline for two months sending fears within the community, that taking an entry position now could spell doom.

However, a leading cryptocurrency exchange has predicted that Shiba Inu could rally soon and delete a ‘zero’. According to the trading platform, investors who buy the dips now might enjoy profits in the coming weeks.

Also Read: Shiba Inu: You Can Become a SHIB Millionaire With Only $8.5

Shiba Inu to Rise 165%, Reach $0.0000225

Cryptocurrency exchange ChangeNow predicted citing forecasts from a price-tracking resource that SHIB could begin a rally soon. According to the price prediction, Shiba Inu might delete a ‘zero’ and reach $0.0000225 in the coming weeks. That’s an uptick of nearly 165% from its current price.

“Shiba Inu token has been turning heads and could be a great addition to your crypto portfolio with predictions indicating a rise to $0.0000225,” tweeted ChangeNOW.

Also Read: Shiba Inu: How Many Zeroes SHIB Deleted From June 2022 to 2023?

Woof woof #SHIBARMY 🐕#ShibaInu token has been turning heads and could be a great addition to your crypto portfolio with predictions indicating a rise to $0.0000225.

Ready to invest in $SHIB?

🚀 Discover @Shibtoken potential by reading our article:https://t.co/rDV4UCplzi

— ChangeNOW (@ChangeNOW_io) May 31, 2023

Therefore, a $1,000 invested at its current price could turn to $2,650, if the prediction turns out to be true. Read here to know more details and an in-depth understanding of the price prediction for SHIB provided by the exchange.

While deleting its fifth ‘zero’ might not be difficult, removing all its ‘zeroes’ remains to be a herculean task. The majority of investors aim for SHIB to reach the $0.01 milestone and not the $0.00001 mark. Read here to know the real possibility of when the token could reach 1 cent.

Also Read: GTA 6 To Reward Players With Real Money For Completing Missions?

At press time, Shiba Inu was trading at $0.00000850 and is down 0.1% in the 24-hours day trade. SHIB is also down 90.13% from its all-time high of $0.00008616, which it reached in October 2021.