The dream of Shiba Inu reaching $0.01 remains one of the most talked-about and debated topics in the cryptocurrency community. While many analysts deem this goal unrealistic, renowned crypto expert Luis Delgado (also known as Del Crxpto) believes that the impossible is indeed possible for Shiba Inu, pointing to several past instances in the crypto market where unexpected price surges occurred.

Can Shiba Inu Reach $0.01?

Delgado has been vocal about his belief that Shiba Inu could eventually reach the ambitious price of $0.01. While critics regularly dismiss this prediction, citing the astronomical rise needed, Delgado asserts that he has witnessed several impossible feats in the crypto space that have defied expectations. His confidence stems from his extensive experience in the industry, where he has seen coins achieve massive price surges seemingly out of nowhere.

To hit the $0.01 target, Shiba Inu would need to surge by an extraordinary 37,311% from its current price of $0.00002673. Achieving this milestone would propel the market cap of Shiba Inu to a staggering $5.91 trillion, surpassing all other cryptocurrencies, including Bitcoin and Ethereum. At this price point, a 10 million SHIB investment, currently valued at $267.3, would surge to a remarkable $100,000.

Precedents for Impressive Price Rallies

Although reaching $0.01 for Shiba Inu would require a monumental rise, the possibility is not without precedent. Delgado points to the explosive growth seen in Dogecoin as a possible model for Shiba Inu’s future. Dogecoin’s meteoric rise in the crypto world, fueled largely by social media and celebrity endorsements, demonstrates how a once-ignored token can achieve unforeseen success.

Additionally, there have been others in the Shiba Inu community who share Delgado’s optimism. In July, Delgado expressed that $0.01 was a possible goal for SHIB, reflecting on Dogecoin’s historical price rally as evidence. Shiba Inu’s marketing expert, Lucie, also joined in supporting the prediction, suggesting that the $0.01 price target could indeed become a reality during SHIB’s lifetime.

A History of Remarkable Rallies

Shiba Inu has demonstrated its ability to produce sizable rallies, with one of the most impressive occurring during the 2020/2021 bull market. Over a span of just 14 months, Shiba Inu’s price surged from $0.000000000056 to $0.00008845, marking an incredible rally that showcased the token’s volatility and potential. This kind of explosive growth fuels the belief that Shiba Inu could eventually hit $0.01, even though it would require unprecedented demand and market conditions.

Expert Predictions for Shiba Inu’s Future

Several analysts and experts have weighed in on the future of Shiba Inu, with some offering specific timelines for the $0.01 goal. Jason Williams and Yazan, for example, project that Shiba Inu could exceed the $0.01 mark, even reaching as high as $0.05, in the current bull cycle. On the other hand, analysts at Changelly have speculated that SHIB could reach $0.01 between 2033 and 2040, projecting a long-term trajectory for the token’s potential.

Despite the doubts surrounding the feasibility of such a drastic price increase, the Shiba Inu community remains hopeful. This optimism is grounded in the historical ability of cryptocurrencies to experience massive surges, often driven by broader market trends, viral social media campaigns, and increased adoption.

Is $0.01 a Reality for Shiba Inu?

While the path to $0.01 for Shiba Inu may seem far-fetched to some, its loyal community and passionate advocates like Delgado continue to hold firm in their belief that anything is possible in the world of cryptocurrency. As the market continues to evolve and new factors such as increased utility, partnerships, and mainstream adoption come into play, the dream of Shiba Inu reaching $0.01 might not be as unrealistic as it once seemed.

Time will tell whether the token can continue its remarkable journey or whether the $0.01 price point remains out of reach. However, as past crypto success stories have shown, the road to astronomical gains in the digital asset space can often be more unpredictable and surprising than it initially appears.