CoinDesk reported:
On Tuesday, the current trading price of Shiba Inu is about $0.000017, with the chart showing a nearly 2% increase. Meanwhile, Bitcoin is hovering around $61,054, with a 2% decrease in daily trading. Both Shiba Inu and Bitcoin are hoping to climb in the index and bring profits to investors.
Robert Kiyosaki, the author of the best-selling financial self-help book “Rich Dad Poor Dad,” predicts that the price target for Bitcoin could reach $350,000. So, if Bitcoin reaches $350,000, what would be the price of Shiba Inu? In this article, we will provide the assumed price of SHIB when BTC reaches the milestone of $350,000.
If Bitcoin reaches $350,000, what would be the price of Shiba Inu?
The current trading price of Bitcoin is around $61,000, needing an increase of about 475% to reach the target price of $350,000. The trend of SHIB mostly synchronizes with the price of BTC and replicates its price performance on the chart.
Therefore, if Shiba Inu also rises in sync with Bitcoin by 475%, its price could reach the threshold of $0.000097. This is not far from the significant milestone of $0.0001 predicted by several analysts. It also means that if SHIB reaches the milestone of $0.00009, it will set a new all-time high.
Shiba Inu’s current ATH is $0.00008616, reached in October 2021. At that time, it removed six zeros in less than a year, and now it is working to remove the fourth zero. It has been almost three years since Shiba Inu failed to remove a zero on the leaderboard.
Most investors are hoping that the token can break the barrier of 1 cent, bringing them the profits they have been longing for.
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How Much Will the Price of SHIB Increase if Bitcoin Reaches 350000
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