Shiba Inu is one of the leading cryptocurrency meme coins, which has successfully established a core position in the domain. The token is currently sitting at $0.00001347, up 3% in the last 24 hours. SHIB was unable to score a potential new high due to the overall bearish market stance but since then has revamped its trajectory to score a new high. In the meantime, the SHIB community is patiently waiting for the token to score a new high, a stellar one on top of it that can bring new glory to the SHIB ecosystem. Can SHIB claim the coveted price mark of $0.01 before 2030? Let’s find out.
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What SHIB Needs To Claim $0.01
Shiba Inu is currently at $0.00001345, up 3% in the last 24 hours. The token is in dire need of some serious price push, which can help increase its positioning in the market. For instance, for SHIB’s price to increase in the long haul, one of the core ways to do so would be to utilize the SHIB burn mechanism aggressively, keeping the token supply scarce and the demand for the token precise and sharp.
“The primary purpose of the Shiba Inu burning is to create scarcity and increase the value of the remaining tokens. By reducing the circulating supply, the burn rate aims to counteract the inflationary pressures that may arise as more tokens are minted or distributed. This mechanism aligns with the principles of tokenomics, where supply and demand dynamics play a crucial role in determining the token’s market value.”
Secondly, the token needs widespread adoption and momentum, which it can achieve through new product offerings. For this purpose, the Shiba Inu team is consistently working towards reshaping the shib ecosystem by launching products like Shibarium and SHIB OS to increase the token’s visibility in the domain.
With the ETF development taking center stage in the cryptocurrency world, Lucie, Shiba Inu’s marketing lead, took to X to share her views on the same. Lucie stated how the SHIB ETF should be considered in the long haul, considering the meme coin’s spectacular global popularity.
“SHIB is listed on over 110 exchanges with 212 trading pairs—including all the major platforms. It’s basically everywhere: easy to access, easy to trade. Is SHIB suitable for an ETF? YES. Will boomers invest in a “doggy coin? Furthermore, yes. Because SHIB isn’t just a meme—it’s decentralized, community-driven, and built to last…. The most important fact: SHIB depends on no one. Anyone can build around SHIB—and no matter who comes or goes, SHIB keeps growing. That’s the power of true decentralization.”
If the SHIB ETF becomes a reality, then it may also aid in bolstering SHIB’s momentum, refining its price to ultimately inch and close towards the $0.01 price mark.
SHIB is listed on over 110 exchanges with 212 trading pairs—including all the major platforms.
It’s basically everywhere: easy to access, easy to trade.Is SHIB good for an ETF?
YES.Will boomers invest in a “doggy coin”?
Also yes.
Because SHIB isn’t just a meme—it’s…— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) March 23, 2025
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Can The Token Hit $0.01 Before 2030?
Per ChatGPT, SHIB will need a 7437% price hike to hit the $0.01 price mark. The token can achieve this price goal provided it keeps its burning process consistent and steady.
At the same time, the token will require constant market support with heightened mainstream adoption for it to hit the aforementioned price mark.
However, per CoinCodex, the token may not be able to hit the $0.01 price before 2049.
“Shiba Inu would need to gain 74,636.59% to reach $0.01. According to our Shiba Inu prediction algorithm, the price of Shiba Inu will not reach $0.01. The highest expected price our algorithm estimates is $ 0.000707 by 2049.”
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