Shiba Inu’s $0.01 Target: Meme Coin Delusion or Inevitable Breakthrough?

Shiba Inu (SHIB) backers still cling to that elusive $0.01 dream—despite the token’s 90%+ drop from its 2021 peak. Here’s why the hype won’t die.

The Burn Factor:
SHIB’s deflationary mechanism keeps chopping supply, but let’s be real—it’d take a bonfire of epic proportions to hit that price target.

Community Cult:
The ‘Shib Army’ treats this like a religion, not an asset. Dogecoin did it—why can’t they? (Spoiler: DOGE had Elon.)

Cynical Finance Jab:
Wall Street laughs while retail investors YOLO grocery money into ‘the next Bitcoin.’ Meanwhile, SHIB’s market cap would need to eclipse Apple’s to hit $0.01. Place your bets.

Reasons How Shiba Inu May Still Achieve $0.01 Price Mark

1. Shi Stablecoin Launch

The shiba inu ecosystem has always been busy expanding its operations. In its wake, the token had earlier announced the launch of SHIB stablecoin, which would ultimately be a game changer in the SHIB ecosystem. In the original SHIB synopsis, the founder of the token defines SHI as an “algo stablecoin pegged to 1c.”

With the US government promoting the global usage of stablecoins, a strategic launch of SHI can turn the timelines around for SHIB in no time. If the stablecoin adapts to the mainstream and is deployed for mainstream usage, Shiba Inu can easily scale new price highs, possibly hitting $0.01 gradually.

2. Dedicated Community Support

Shiba Inu boasts one of the most promising cryptocurrency communities to ever exist. The fact that the community is collectively working towards helping SHIB hit higher price marks by practicing steady SHIB burns speaks volumes about how serious they are about the token’s price performance. The SHIB army continues to promote token supremacy by extending support on all levels, helping SHIB eye new price targets.

3. Possible ETF Launch?

Another noteworthy milestone that could help SHIB gradually ascend to new highs is its ETF development. While seasoned meme coins like Dogecoin, Bonk, and TRUMP are gaining traction due to their ETF filings, SHIB is yet to experience the ETF euphoria, which can help the token rise to new price highs at a rapid pace.

3.5. Bonus Point: Increased Mainstream Usage

Shiba Inu’s global popularity can breach new levels if the token is adopted into mainstream usage for mundane operations. At the same time, SHIB’s growing acceptance and partnerships could also be a game changer for the token, helping it claim new price levels, possibly hitting $0.01 sooner than predicted timelines.