Forbes Dares to Predict: Shiba Inu (SHIB) Could Hit $0.0001—Here’s When

Shiba Inu, the meme coin that turned ’woof’ into Wall Street chatter, might actually have its day. Forbes analysts now project SHIB could claw its way to $0.0001—though they’re careful to note this isn’t financial advice (just in case the SEC is watching).

What’s driving the hype? A mix of burned tokens, cult-like community rallies, and the eternal hope that this dog-themed asset will somehow outpace Bitcoin. Because nothing says ’mature market’ like betting your rent money on a cryptocurrency named after a Japanese hunting dog.

Key factors in Forbes’ prediction: exchange listings, whale accumulation patterns, and whether Elon Musk tweets about it again while high. The timeline? Sometime between ’soon’ and ’never’—but hey, in crypto, that counts as a forecast.

Forbes Predicts When Shiba Inu Will Hit $0.0001

According to a Forbes prediction, SHIB could rise to a high of $0.00007488 in 2025. The dog-themed cryptocurrency’s price will rally by about 455.49% if it hits the $0.00007488 target.

Forbes analysts anticipate SHIB’s price to dip over the next few years before it picks up steam. The platform anticipates SHIB to breach the $0.0001 mark in 2029, about four years from now. Forbes predicts SHIB will trade at a potential maximum price of $0.000161 in 2029. The asset’s price will rally by 1094.3% if it hits the $0.000161 target. Hitting $0.000161 will also be a new all-time high for the popular cryptocurrency.

What Will Make The Asset Rally Sooner?

One of the most significant barriers to Shiba Inu’s (SHIB) price is its massive supply. There are about 589 trillion SHIB coins in circulation right now. If the asset reaches very high prices, the project’s market cap will become unrealistically large. If the SHIB team can reduce the asset’s circulating supply, we could see another 2021-like rally.

One of the biggest drivers for Shiba Inu’s (SHIB) 2021 rally was Vitalik Buterin’s massive token burn. The Ethereum co-founder received half of SHIB’s supply upon launch. Buterin decided to burn 90% of the coins he received. At the time, there was substantial demand for SHIB. The high supply dip and high demand led to a massive price spike.