Can Shiba hit 1p?

I've been hearing a lot about Shiba Inu lately, and I'm really curious about its potential. Do you think it could ever reach a price of 1 penny? I know the crypto market is volatile, but is there any reason to believe that Shiba could make such a significant jump in value? Maybe some news or developments that you're aware of that could affect its price? I'm just trying to get a better understanding of the potential upside for this coin.