Shiba Inu To Hit 6 Cents, Here’s When

On Sep 10, 2024

The Shiba Inu (SHIB) market is full of surprises. Since its inception, the asset has grown by over 16413791.37% from its low of $0.00000000008165. In addition, SHIB saw an 81% increase this year alone. While the meme coin has been slow in price lately, the asset could soar considering its past growth. Looking back at this, the 1-cent dream seems too easy. As a result, the community has been hoping to claim the 6-cent mark.

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Telegaon has chimed in on this bold prediction and revealed when SHIB will reach this price level. According to their estimates, SHIB might rise to a staggering $0.06 (6 cents) in price between 2030 and 2040. This prediction has given the SHIB community newfound excitement and caught the interest of both experienced and new investors.

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How is Shiba Inu Faring Right Now?

At press time, Shiba Inu was trading at $0.00001338 with a 1.65% rise over the last 24 hours. August was a bad month for the meme coin, dipping by nearly 4%. This pushed the asset further below its all-time high of $0.00008845. Currently, the meme coin is 84% below this peak which was achieved back in October 2021. But the market has big bets on the asset for September.

After examining Shiba Inu’s previous and current performance, Changelly data indicates that cryptocurrency experts believe the SHIB rate could peak at $0.0000285 in September 2024. However, the chances of the asset falling to a low of $0.0000123 were also highlighted. In addition, the estimated average Shiba Inu for September 2024 is close to $0.0000204.