Although Bitcoin (BTC), the largest asset in the cryptocurrency market, continues to struggle below the $30,000 price level, and the majority of the sector is dragging its feet as well, hope remains that Shiba Inu (SHIB) could someday trade at $0.01.
Indeed, SHIB has demonstrated the capacity to experience sharp increases, as evident in its all-time high (ATH) from October 28, 2021, when it reached the price of $0.0000819, soaring a whopping 1,079.33% in a single month – from $0.000006944599 on September 28, 2021.
Considering that this ATH is 89.40% higher than its current price, which, as of August 7, stood at $0.0000091067, this means that Shiba Inu could easily beat its own record but would have to invest a lot more effort to get closer to the coveted $0.01 price level. Specifically, it would have to grow 109,709%.
With this in mind, Finbold has analyzed the factors that could (but not necessarily have to) eventually lead SHIB toward this price level, either by themselves or actin
We współpracy z: https://finbold.com/5-factors-that-could-send-shiba-inu-to-0-01/
