Shiba Inu Battles Bearish Pressure, But SHIB Army Stays Hopeful of Reaching the Coveted $0.0001 Milestone

Shiba Inu (SHIB) is currently trading at $0.00002086. This marks a significant decline from its previous highs, such as the $0.000045 yearly peak

Shiba Inu (SHIB) has been the subject of much discussion and speculation, especially regarding its potential to reach $0.0001. While the cryptocurrency experienced a massive downturn in 2022, traders remain optimistic about its future.

If Shiba Inu were to increase by 10% each month from its current price of $0.00002086, it would take approximately 17 months to reach the $0.0001 price target.

Here's a closer look at the potential price trajectory:

- Month 1: Starting at $0.00002086, a 10% increase would bring SHIB to around $0.00002295.

- Month 2: Another 10% rise would push the price to approximately $0.00002525.

- Month 6: After six months of consistent 10% increases, SHIB could be trading close to $0.00003744.

- Month 12: By the end of the first year, with the compounding effect of the monthly increases, SHIB could reach approximately $0.00005579.

- Month 15: In the second year, the price would continue to rise significantly, reaching roughly $0.00008151 by the 15-month mark.

- Month 17: By the 17th month, SHIB is projected to hit $0.00010029, finally surpassing the $0.0001 price target.

It's important to note that this scenario is based on a hypothetical and consistent 10% monthly increase, which may not align precisely with the actual market conditions and price movements.

News source：

https://www.kdj.com/cryptocurrencies-news/articles/shiba-inu-battles-bearish-pressure-shib-army-stays-hopeful-reaching-coveted-milestone.html###

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