Tuesday, May 20, 2025
LBNN
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • Documentaries
No Result
View All Result
LBNN

Will You Hold SHIB if It Takes 10 Years To Delete 1 ‘Zero’?

Simon Osuji by Simon Osuji
August 11, 2023
in Business
0
Will You Hold SHIB if It Takes 10 Years To Delete 1 ‘Zero’?
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Shiba Inu deleted its fifth ‘zero’ on Friday and is gearing up for a rally on the heels of the Shibarium launch. While SHIB is currently trading with four ‘zeroes’, investors are eager to see it delete all its ‘zeroes’ within the next decade. The 1-Cent dream is the heartbeat of millions of investors who aim to make millions when it reaches $0.01. However, the timeline to hit $0.01 could be much longer than expected, as the road to burning 549 trillion tokens has not been built yet.

Also Read: Shiba Inu To Reach 5 Cents? Here’s When SHIB Might Hit $0.05

SHIB’s upcoming ‘zeroes’ are a challenge as Shibarium’s burn mechanism is not functional yet. There are no concrete details made available regarding its burn capacity either. Therefore, SHIB could take a decade or more to kickstart deleting further ‘zeroes’.

Shiba Inu: Will SHIB Take 10 Years To Delete Its 4th ‘Zero’?

Shiba Inu Money Gas Fees
Source: Unsplash

Leading on-chain metrics and price prediction firm DigitalCoinPrice has predicted that Shiba Inu could trade at three ‘zeroes’ even after 10 years. According to the forecast, SHIB could reach a maximum high of $0.000190 by the end of 2032. That’s an uptick and return on investment (ROI) of approximately 1,800% from today’s price of $0.00001101.

Also Read: Shiba Inu: You Only Need $10 To Become a SHIB Millionaire

Source: digitalcoinprice.com

While the forecast is bullish, it does not meet the aspirations of the average SHIB holder. Investors dream of making life-changing gains in the next decade, but no price prediction firm claims it could reach $0.01.

Also Read: Shiba Inu: What’s the First Thing You’ll Do When SHIB Reaches $0.01?

There are only two alternatives now. The first is to hold on as long as possible, even if it takes many more decades; the second is to jump ship and get out of SHIB once and for all.

Nonetheless, the third contender could be Shibarium again. If it throws in a surprise by burning trillions of tokens in the coming years, then the 1-Cent dream could get closer. So which one would you choose? Think wisely.

Source link

Related posts

Top 10 African countries with the highest diesel prices in May 2025

Top 10 African countries with the highest diesel prices in May 2025

May 20, 2025
Top 5 African countries that produced the most oil in April 2025

Top 5 African countries that produced the most oil in April 2025

May 19, 2025
Previous Post

Jones: Hip-hop turns 50, shapes dreams and serves as a bridge to sports and music

Next Post

Why Dunkin’ and Lego rebrands succeeded

Next Post
Why Dunkin’ and Lego rebrands succeeded

Why Dunkin' and Lego rebrands succeeded

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Climate activist smears pink paint on Tom Thomson canvas at National Gallery of Canada

Climate activist smears pink paint on Tom Thomson canvas at National Gallery of Canada

2 years ago
Hedge funds gaining retail traction, notes Unum Capital

Hedge funds gaining retail traction, notes Unum Capital

2 years ago
Series, which aims to replace ERP systems, lands $25M

Series, which aims to replace ERP systems, lands $25M

2 years ago
dinner with christina shusho in baltimore

dinner with christina shusho in baltimore

1 year ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0
  • Matthew Slater, son of Jackson State great, happy to see HBCUs back at the forefront

    0 shares
    Share 0 Tweet 0
  • Dolly Varden Focuses on Adding Ounces the Remainder of 2023

    0 shares
    Share 0 Tweet 0
  • US Dollar Might Fall To 96-97 Range in March 2024

    0 shares
    Share 0 Tweet 0
  • Privacy Policy
  • Contact

© 2023 LBNN - All rights reserved.

No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • Documentaries
  • Quizzes
    • Enneagram quiz
  • Newsletters
    • LBNN Newsletter
    • Divergent Capitalist

© 2023 LBNN - All rights reserved.