Changelly, one of the leading crypto platforms, Shiba Inu He discussed the timeline for the price to reach ambitious targets such as $0.00010, $0.00022 and $0.00032. The community remains excited about the rise as leading meme coin SHIB trades above $0.000010 for the first time in over a hundred days.
CoinMarketCap statistics show that the meme coin is up more than 22% in a week, from around $0.0000086 to over $0.00001031. For context, the last time the SHIB price reached a similar milestone was in August.
In other words, the Shiba Inu broke a four-month-long downward trend in a week when the Bitcoin rally impacted the overall market. Amid SHIB’s renewed positive momentum, leading crypto exchange Changelly has prepared a new report on the trend in the price.
Specifically, the report estimated how highly the Shiba Inu could trade between now and 2032. In the report, Changelly first emphasized that the overwhelming perception of Shiba Inu investing among crypto market participants is “bullish.”
Changelly predicts that the price will rise by 7.98% to $0.00001082 in three days. However, the report suggested that $0.00001082 would be the peak for meme coin 2023.
Meanwhile, Changelly suggested that Shiba Inu would lose the decimal places it recently deleted and drop to around $0.000009 in the first week of January 2024. However, the prediction that the average price of the Shiba Inu in 2024 would be 0.0000149985 dollars was among the striking details in the report.
He emphasized that SHIB will maintain the existing four leading zeros for six years before the first attempt at said zeros.
As we reported as Koinfinans.com, Changelly stated that Shiba Inu will be traded for a maximum of $0.0001079892 in 2029. Still, he predicted the year’s average would be $0.0000889911. It also expects SHIB to break into the $0.00022 range for the first time by 2031.
The report highlighted that the price could reach a maximum price of $0.0003259674 by 2032. Such an ambitious price target implies an upside of over 3.072% from the current price.