Shiba Inu (SHIB) Ecosystem Marketing Lead Expresses Confidence in Token's Long-Term Potential, Forecasting a Surge to the $0.01 Price Target

The marketing lead of the Shiba Inu ecosystem expresses confidence in SHIB's long-term potential, forecasting a surge to the $0.01 price target.

Shiba Inu's (CRYPTO: SHIB) price has sparked a heated debate among crypto enthusiasts, with several experts setting audacious targets of $0.01 for the token.

Shiba Inu Is Still A Long Way Off From $0.01

For perspective, SHIB is currently trading at $0.00001275, showcasing a rise of 2.09% in the past 24 hours. To reach the $0.01 price target, SHIB would need to surge by 78,331%.

If SHIB manages to accomplish this feat, its market cap will be $5.89 trillion, a massive increase from its current valuation of $7.51 billion.

Shiba Inu's marketing lead, Lucie, expressed confidence in SHIB's potential to hit the $0.01 target in its lifetime.

Lucie, who began holding SHIB in 2021, noted that the token's price target is "realistic." However, she emphasized that it would take time before Shiba Inu eventually hits the ambitious $0.01 goal.

Lucie's commentary can be seen as a subtle call for investors to exercise patience and continue to hold SHIB amid short-term price fluctuations.

Another crypto stakeholder who believes the $0.01 target is possible for Shiba Inu is Luis Delgado (alias Del Crxpto), a prominent figure in the community.

Last year, Delgado shared his view that it is "unequivocal" that SHIB will reach the $0.01 price target.

Highlighting how Dogecoin (CRYPTO: DOGE) launched in 2013 with an opening price of $0.00056 and eventually hit the $0.01 goal in December 2017, Delgado noted that DOGE achieved this despite its price retracing to $0.0001 a few months after its launch.

While SHIB's current price is lower than the levels at which DOGE traded before its surge to $0.01, Delgado's analysis suggests that Shiba Inu could follow a similar upward trajectory and eventually hit the one-cent milestone.

Shiba Inu: A Long-Term View

Like Delgado, Lucie did not set a timeline for SHIB to soar to the $0.01 mark. To get an idea of when this price prediction might come true, we consulted multiple entities.

Popular crypto trading platform Changelly predicts that SHIB will clinch the $0.01 mark by August 2040. Experts at the exchange expect SHIB to trade at a maximum price of $0.0109 during this period.

However, renowned AI chatbots like Grok and ChatGPT expect SHIB to hit $0.01 sooner.

ChatGPT, in its optimistic scenario, forecasts that SHIB might achieve the $0.01 target within the next 5 to 10 years. In its realistic prediction, the chatbot expects the one-cent price target to materialize within 10 to 20 years.

On the other hand, Grok forecasts that the $0.01 target will occur for Shiba Inu by 2030 and beyond.

Even though Grok and ChatGPT set different timelines for the $0.01 milestone, they both agree that Shiba Inu must burn a significant chunk of its 589.25 trillion tokens to pave the way for this rally.

Other factors they believe could lead to this success include widespread adoption of SHIB and a favorable condition of the broader crypto market.