Shiba Inu is currently trading around $0.000017 USD, and another drop could add another zero to its value. SHIB has been plummeting since Q2 2024, testing investors’ patience. While investors hope for the token to eliminate zeros, it seems to be adding them instead.
The dog-themed cryptocurrency is now trading with four zeros in its price, and traders are hoping it will erase one zero and move to three zeros on the chart. In this article, we highlight when Shiba Inu might eliminate the fourth zero and reach $0.0001.
When Will Shiba Inu Eliminate the Fourth Zero and Reach $0.0001?
A leading price prediction and on-chain metrics company, Coinpedia, has forecasted when SHIB might eliminate its fourth zero. According to their prediction, Shiba Inu could erase the fourth zero and trade at $0.0001 by 2028. This projection is four years away and is considered a long-term investment.
If this prediction is accurate, Shiba Inu would increase by 900% from its current price. Consequently, a $1,000 investment in SHIB today would turn into $10,000 by 2028, if the prediction holds true. The growth outlook and return on investment (ROI) appear impressive over the four-year period.
While $0.0001 is not the ultimate goal, and $0.01 remains the target, reaching three zeros would pave the way toward the dream of one cent. Achieving the $0.01 mark would come closer, and if SHIB attracts new investors, its price could soar.
SHIB needs to achieve widespread adoption in the fintech sector and expand its use cases to attract new and first-time investors. When that happens, SHIB can sustainably scale up in the charts and achieve new highs.
