SHIB Price Target: Expert Predicts SHIB Will Eliminate Two Zeros If DOGE Reaches $1.5 and Pepe Hits $0.01

Renowned expert ‘Investment CEO’ sets an ambitious price target for Shiba Inu if Dogecoin and Pepe soar to unprecedented levels like $1.5 and $0.01, respectively.

A renowned investment CEO has set an ambitious price target for Shiba Inu (SHIB) if Dogecoin (DOGE) and Pepe (PEPE) soar to unprecedented levels.

The broader crypto market has been impacted by Bitcoin’s growing dominance, especially meme coins.

The analyst is optimistic that these tokens will reach new heights in the future despite the significant crash. The investment CEO outlined ambitious targets for all three meme coins.

According to the expert, Dogecoin’s price will rise to $1.50, representing a 362.96% surge from the current price of $0.324.

Moreover, the expert anticipates a target price of $0.01 for the third-biggest meme coin by market capitalization.

With PEPE trading at $0.00001331, it must rise by a substantial 75,031% to reach the projected price.

The analyst set an ambitious target of $0.001 for Shiba Inu if DOGE and PEPE reach $1.5 and $0.01, respectively. This move would see Shiba Inu eliminate two zeros from its price.

Reaching a target of $0.001 requires Shiba Inu to soar 5,210% from its current price of $0.00001883. At this price, Shiba Inu’s market cap will rise to $589.25 billion, up 5,210% from the current value of $11.09 billion.

To demonstrate the significance of this surge, a portfolio of 100 million SHIB worth $1,883 today will be valued at $100,000 if SHIB hits the $0.001 target.

The expert did not set a timeline for when SHIB will reach this target. However, other market observers, including Changelly experts, have set different timelines on when the $0.001 target will materialize for SHIB.

Changelly experts set a timeline of 2033 for the $0.001 target to play out, while top prediction platform Telegaon believes it will be reached by 2035.

While this prediction looks promising, caution is still needed due to cryptos’ speculative nature. For this prediction to become a reality, several factors must align, including widespread adoption, increased community loyalty, and more SHIB burns.

DisCLaimer: This content is informational and does not constitute financial advice. The views expressed in this article may belong to the author and do not necessarily reflect the opinion of The Crypto Basic. Readers are encouraged to carry out their own due diligence before taking any investment actions. The Crypto Basic does not hold any responsibility for any financial loss.