When Will Shiba Inu Delete a Zero? Analysts Highlight Potential Timeline

Following Shiba Inu's daily surge of 13.25%, we've highlighted when SHIB could potentially delete a zero after its decimal, taking its price to a minimum of $0.0001.

Shiba Inu price has recorded an impressive increase in the last 24 hours and The dog-themed token has gained 13.25% during this time, reaching $0.00001507.

Shiba Inu has been gaining momentum recently, causing investors to look forward to significant gains that will help it erase the four-zero price target, which will push SHIB price to a minimum of 0.0001 It means that it will be traded in dollars. A 563.57% increase from the current price is required to hit the $0.0001 target.

Shiba Inu has not traded at a four-zero price since its launch. The only time SHIB came close to this feat was in October 2021. At that time, the token price reached an all-time high (ATH) of $0.00008845. SHIB was still 11.55% down at that price to hit the $0.0001 target.

However, the Shiba Inu's recent surge has created optimism about the possibility of erasing a zero from its price. As a result, we highlighted the time period during which SHIB traded at a four-zero price, meaning it erased a zero from its price.

Possible Timeline to Delete a ZERO

Coinpedia analysts predict the next zero for the Shiba Inu will be by 2028, which is about four years from now. Predicts that he will delete it. They predicted that the SHIB price would range from a minimum of $0.0001066 to a maximum of $0.0001253 by 2028. They also set an average target of $0.00011596.

It is noteworthy that the Coinpedia prediction is compatible with similar targets set by other prediction platforms. Notably, Changelly analysts see SHIB reaching the $0.0001 price level within three years, i.e. by 2027. Similarly, popular AI chatbot Google Bard (now Gemini) predicted that the SHIB price would hit the target in the same year.

For any of the predictions to come true, the Shiba Inu would rise at least 563.57% from its current price, setting the $0.0001 target. It needs to hit.

While targets may be difficult to achieve, several factors, including large-scale burns, can play a significant role in removing a zero from the price target.

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