- Forbes predicts Shiba Inu (SHIB) could reach $0.0001 by 2029, with a potential high of $0.000161.
- The massive supply remains a key challenge, but strategic token burns could trigger another major rally.
Shiba Inu (SHIB), the dog-themed cryptocurrency that once turned pocket change into fortunes, might be gearing up for another breakout — but not anytime soon. After skyrocketing during the 2021 bull run, SHIB has faced a long cooldown, leaving investors wondering if lightning can strike twice.
According to a recent Forbes prediction, Shiba Inu could reach a price of $0.00007488 by 2025, marking a 455% surge from its current level. But the real milestone — hitting $0.0001 — may not happen until 2029, Forbes analysts suggest. If that prediction holds true, SHIB could even climb as high as $0.000161, a staggering 1,094% increase and a new all-time high.
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While SHIB’s loyal fanbase dreams of another moonshot, analysts remain cautious. One major obstacle? SHIB’s massive circulating supply, currently sitting at around 589 trillion coins. At such high supply levels, significant price increases would require an enormous market cap — one that’s likely unrealistic without a major shift in tokenomics.
That shift could come in the form of aggressive token burns, much like the one that ignited SHIB’s historic 2021 rally. Back then, Ethereum co-founder Vitalik Buterin burned 90% of the SHIB tokens he was gifted, slashing supply and sparking a wave of demand. A similar move — or an overhaul of the burn mechanism — could potentially fast-track SHIB’s journey to $0.0001.
While SHIB may not be breaking records tomorrow, long-term holders have reason to keep the faith. With community support, strategic supply reduction, and another bull market on the horizon, Shiba Inu might just have one more trip to the moon left in it.
The path to $0.0001 is long — but not impossible.
