Shiba

Bitcoin

Million

Shiba Inu

<div class="watcher-guru">
 <p>Shiba Inu (SHIB) is one of the few projects that have turned early investors into multi-millionaires within just one year. Upon its launch, SHIB was trading with ten zeros after its decimal point. After just one year, the token reached its all-time high of $0.00008616, an increase of many thousand percentage points.</p>
 <p><strong>Also Read: Shiba Inu: $1000 in 2020, Is Worth $7.5 Million in November 2023</strong></p>
 <p>However, the memecoin has been on a downward trajectory ever since, and many investors are curious if SHIB can once again rally as it did in 2021. The token is currently down by 91% from its 2021 all-time high and 37.2% over the last year.</p>
 <div class="quads-location quads-ad33739 " id="quads-ad33739" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;">
  <div class="publift-ad add">
   <div data-fuse="22560828227"></div>
  </div>
 </div>
 <p>Shiba Inu (SHIB) has struggled to break the $0.000008 resistance level for the better part of this year. Although the token briefly deleted a zero in August, it could not sustain the rally. Furthermore, SHIB did manage to generate some steam in October, but the memecoin seems to have lost its hold as it is down 3.9% in the last 24 hours and 2.9% in the weekly charts.</p>
 <div class="quads-location quads-ad15192 " id="quads-ad15192" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;">
  <div id="primisContainer" class="add"></div>
 </div>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="98" src="https://cdn.thebittimes.com/images/2023/11/06/8e0d884111bf399bcdb9988ab7757742.webp" alt class="wp-image-117905" srcset="https://cdn.thebittimes.com/images/2023/11/06/8e0d884111bf399bcdb9988ab7757742.webp 1024w, https://cdn.thebittimes.com/images/2023/11/06/8e0d884111bf399bcdb9988ab7757742.webp 300w, https://cdn.thebittimes.com/images/2023/11/06/8e0d884111bf399bcdb9988ab7757742.webp 768w, https://cdn.thebittimes.com/images/2023/11/06/8e0d884111bf399bcdb9988ab7757742.webp 1536w, https://cdn.thebittimes.com/images/2023/11/06/8e0d884111bf399bcdb9988ab7757742.webp 380w, https://cdn.thebittimes.com/images/2023/11/06/8e0d884111bf399bcdb9988ab7757742.webp 550w, https://cdn.thebittimes.com/images/2023/11/06/8e0d884111bf399bcdb9988ab7757742.webp 800w, https://cdn.thebittimes.com/images/2023/11/06/8e0d884111bf399bcdb9988ab7757742.webp 1160w, https://cdn.thebittimes.com/images/2023/11/06/8e0d884111bf399bcdb9988ab7757742.webp 1628w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: CoinGecko
  </figcaption>
 </figure>
 <h3 class="wp-block-heading" id="h-when-can-shiba-inu-shib-hit-0-03-3-cents">When can Shiba Inu (SHIB) hit $0.03 (3 cents)?</h3>
 <figure class="wp-block-image size-full"><img decoding="async" width="1024" height="538" src="https://cdn.thebittimes.com/images/2023/11/06/faf3b6ed9ff0fb1c80bff9204141e75d.webp" alt="Shiba Inu" class="wp-image-117035" srcset="https://cdn.thebittimes.com/images/2023/11/06/faf3b6ed9ff0fb1c80bff9204141e75d.webp 1024w, https://cdn.thebittimes.com/images/2023/11/06/faf3b6ed9ff0fb1c80bff9204141e75d.webp 300w, https://cdn.thebittimes.com/images/2023/11/06/faf3b6ed9ff0fb1c80bff9204141e75d.webp 768w, https://cdn.thebittimes.com/images/2023/11/06/faf3b6ed9ff0fb1c80bff9204141e75d.webp 380w, https://cdn.thebittimes.com/images/2023/11/06/faf3b6ed9ff0fb1c80bff9204141e75d.webp 550w, https://cdn.thebittimes.com/images/2023/11/06/faf3b6ed9ff0fb1c80bff9204141e75d.webp 800w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source – Criptokio
  </figcaption>
 </figure>
 <p>According to Telegaon, SHIB could reach a price of $0.05 by the year 2040, which is 17 years away from today. Hence, $0.03 would take even longer than 17 years. Holding an asset for nearly two decades would take a lot of motivation.</p>
 <p><strong>Also Read: Shiba Inu vs. XRP: Which Will Gain More by Christmas 2023?</strong></p>
 <figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="504" height="579" src="https://cdn.thebittimes.com/images/2023/11/06/6d1e1454750ae5c15057260cd12159c7.webp" alt class="wp-image-117906" srcset="https://cdn.thebittimes.com/images/2023/11/06/6d1e1454750ae5c15057260cd12159c7.webp 504w, https://cdn.thebittimes.com/images/2023/11/06/6d1e1454750ae5c15057260cd12159c7.webp 261w, https://cdn.thebittimes.com/images/2023/11/06/6d1e1454750ae5c15057260cd12159c7.webp 380w" sizes="(max-width: 504px) 100vw, 504px">
  <figcaption class="wp-element-caption">
   Source: Telegaon
  </figcaption>
 </figure>
 <p>Many investors might not wait so long and may liquidate their holdings. Moreover, other more lucrative projects may launch in the meantime. Additionally, many analysts anticipate Bitcoin (BTC) to reach $1 million by that time. Hence, investors may switch and go for the original crypto just to be safe.</p>
 <div class="quads-location quads-ad33742 " id="quads-ad33742" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;">
  <div class="publift-ad add">
   <div data-fuse="22560828233"></div>
  </div>
 </div>
 <p></p>
</div>
<div class="cs-entry__tags">
 <ul>
  <li>shiba inu</li>
 </ul>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/shiba-inu-to-reach-3-cents-here-s-when-shib-might-hit-0-03-tbt69191.html">https://thebittimes.com/shiba-inu-to-reach-3-cents-here-s-when-shib-might-hit-0-03-tbt69191.html</a></p>

Shiba Inu To Reach 3 Cents? Here's When SHIB Might Hit $0.03

Table of Contents

TheBitTimes

Other articles published on Nov 6, 2023

The Simpsons Halloween Special Roasts NFTs and Their ‘FOMO’ Driven Value

Maestro Trading Bot Refunds 610 ETH to Users Following Router Exploit

UK Asks Public For Feedback On Proposals For Regulation Of Stablecoins

Claude Eguienta Joins TrustSwap's Board of Directors, Bringing Extensive Expertise in Blockchain ...

Ripple (XRP) November Price Prediction: Ripple Swell Event to Boost XRP Coin

RUNE Price Prediction 2024 to 2027: Will RUNE Reach $10 Soon?

Join our free newsletter for daily crypto updates!