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Showing posts with the label long-term horizon

Can Shiba Inu (SHIB) Reach $0.01 Before 2050?

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The 1-Cent dream is alive and kicking, with most investors wanting the token to breach the $0.01 mark. However, the markets don’t run on wishes and prayers but on technical indicators and macroeconomic factors. One can wish for SHIB to hit $0.01 all their lives, but the market is king and decides its moves accordingly. Also Read: Shiba Inu: $8,000 Investment Turned Into $5.7 Billion in 400 Days Current Market Trends Since SHIB has been moving backward for three months, the $0.01 benchmark is slowly drifting away. All technical pointers indicate that Shiba Inu might never climb above $0.01 by the end of this decade in 2030. That leaves us with the next few decades and a long-term horizon of 2050, 26 years from today. Also Read: Shiba Inu: AI Predicts SHIB Price For August 20, 2024 Shiba Inu: Will SHIB Hit $0.01 By 2050? Source: Pixabay Price Predictions Leading on-chain metrics and price prediction firm CoinCodex revised its update for Shiba Inu and touched the timeline of 2050. ...