Timeline for Deleting One and Two Zeros

This article compiles predictions from multiple parties as to when a zero or two will be removed from Shiba Inu’s stock price.

Since Shiba Inu debuted in August 2020, the token has performed impressively, wiping multiple zeros from its price.

Shiba Inu succeeds in erasing five zeros

Last month, market watcher Yescas said Shiba Inu had managed to remove five zeros from its share price following a stunning surge in stock prices.

According to data provided by Yescas, Shiba Inu began trading in August 2020 with a token price of $0.000000000972. Two months later, one additional decimal zero was added. However, things started looking bullish for Shiba Inu in January 2021, with the token starting the year with eight decimal zeros.

Shiba Inu continued its bullish momentum in 2021, with the number of zeros after the decimal point dropping to 4. That same year, specifically on October 28, 2021, SHIB hit an all-time high of $0.00008845.

Potential to remove additional zeros from prices

SHIB is currently trading with four zeros after the decimal point, but several firms have predicted that one or two zeros may be removed in the next few years. If SHIB were to remove one or two zeros, it would trade at $0.0001 and $0.001, respectively.

We have compiled our predictions for when SHIB will hit the $0.0001 and $0.001 targets.

SHIB is 0.0001 dollars

Removing the zero from SHIB’s price would put the token at a minimum of $0.0001, a 559% increase from its current price of $0.00001517.

According to predictions from cryptocurrency trading platform Changelly, Shiba Inu could erase the next zero and reach a price of $0.0001 in three years’ time, by 2027. Similarly, popular AI chatbot Google Bard (now Gemini) also predicts that SHIB will reach the $0.0001 target in the same year.

Other market watchers have also outlined scenarios in which SHIB could hit the $0.0001 level. Notably, on June 20, prominent market watcher Sam TCR predicted that Shiba Inu could soon experience a significant bounce, with the price potentially hitting $0.0001. However, he did not provide a timeline for when SHIB could achieve that feat.

SHIB is 0.001 dollars

The $0.001 level is a more ambitious target that would require Shiba Inu to remove two zeros from the price. SHIB would need to rise 6,491% from its current price to move to the $0.001 target.

Interestingly, top market watchers believe Shiba Inu can achieve this goal within its lifetime, with some offering a timeline for when Shiba Inu can hit its $0.001 target, while others disagree.

Notably, well-known market watcher Armando Pantoja suggested that Shiba Inu will achieve this ambitious goal in the 2024/2025 market cycle. Additionally, The Crypto Basic predicted last month that if the price doubles monthly, SHIB could rise to $0.001 by December 2024. At the time, SHIB was trading at $0.00002532.

Meanwhile, Shiba Inu is trading at $0.00001517, down 11.29% in the past seven days and 41.31% on the monthly chart. However, on the daily chart, the token is up 13.3%.

Disclaimer: This content is for informational purposes only and should not be considered financial advice. The views expressed in this article may include the personal opinions of the author and do not reflect the opinions of The Crypto Basic. Readers are advised to conduct thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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