Analyst Boldly Predicts Shiba Inu Will Shock the Market With $0.01 Surge

Shiba Inu price prediction goal sparks debate as bullish forecasts clash with bearish concerns.

The discussion comes at a time when Shiba Inu (SHIB) is trading at $0.00001177, posting a modest 1.7% gain over the past week. The price action has been relatively steady but volatile, with SHIB climbing to a weekly high near $0.00001212 after dipping to a low around $0.00001115 on July 1.

Despite this sideways performance, social media discussions remain energized by renewed price predictions. One notable voice is YourPOP, a well-known crypto enthusiast on X, who continues to maintain a bullish outlook on SHIB.

Shiba Inu to $0.01?

After previously calling for a return to the token’s all-time high of $0.00008616, a level SHIB currently sits more than 86% below, YourPOP returned this week with an even more aggressive forecast: SHIB to $0.01.

Such a move would represent an increase of over 848,000%. If the token’s circulating supply remains unchanged, the market cap would need to reach nearly $5.9 trillion—more than double the current total value of the entire crypto market.

SHIB to $0.01 Like Dogecoin Legal Tender on Mars

Another dismissed the prediction entirely, calling it fake. A separate X user took a humorous approach, likening SHIB hitting $0.01 to fictional scenarios like Dogecoin becoming legal tender on Mars.

Elsewhere, another community member stated that such price levels might be attainable over a longer horizon, possibly over the next decade, but not under current market conditions.

There was also criticism directed at Shibarium, SHIB’s Layer 2 network, which one commenter believes is not actively supporting aggressive burn strategies.

Previous Predictions to $0.01

Recall, Shiba Inu community figure Luis Delgado previously provoked optimism around the token’s $0.01 target, sharing a message on developments to the then expected moves by lead developer, Shytoshi Kusama

At the time, Delgado believed these hidden initiatives could significantly boost SHIB’s utility and demand, potentially driving the price higher, as reflected in his use of the hashtag #1CentDreamSHIB. While figures like Delgado supported the long-term vision, many remained skeptical due to the token’s massive circulating supply.