Shiba Inu crossed the $0.00003 mark on Friday after Bitcoin breached the $100,000 milestone. SHIB is attracting bullish sentiments in the charts as it surged more than 200% in a year. The broader cryptocurrency market is rallying this last quarter of 2024 after Trump reclaimed the presidency. The President-elect is handpicking crypto-friendly appointees to top cabinet positions, making the markets optimistic.
A leading think tank has predicted that SHIB will gear up for a massive rally in 2025 and delete two zeroes by 2026. The cryptocurrency markets seem to be in a better position this time than in the last 15 years. It is slowly receiving mainstream acknowledgment, and even the White House is now familiar with its nuances. Therefore, the ordeal makes Shiba Inu better primed for a rally than ever.
Also Read: Dogecoin Turns an Investment of $1,000 Into $1.8 Million
Shiba Inu Could Delete 2 Zeroes and Reach $0.0017 in 2026
Leading on-chain metrics and price prediction firm Gov Capital has predicted that Shiba Inu will reach the price target of $0.0017 in 2026. That’s another two years from today and is considered a long-term holding. Also, if SHIB hits $0.0017, it would be an uptick and return on investment (ROI) of approximately 5,600%. Therefore, an investment of $1,000 could turn into $57,000 if the forecast turns out to be accurate in 2026.
Also Read: Shiba Inu: AI Sets SHIB’s Price For December 10, 2024
The bullish SHIB prediction comes at a time when the market is gearing up for an upward trajectory. The bulls are hoping for a repeat of the 2021 rally that made quite a few investors turn millionaires. Shiba Inu soared 85,000,000% (85 million percent) between 2020 to 2021 and printed life-changing gains.
Also Read: Shiba Inu: How High Will SHIB Go When Bitcoin Hits $115,000
If the 2021 bull run repeats in 2025-26, present-day SHIB investors could also earn millions. However, whether the dog-themed token will rise or head south, we must wait and watch.
