Here is the Predicted Timeline for Shiba Inu to Reach $0.00024 or $0.0058

Amid Shiba Inu rebounding to the $0.00013 range, we consulted multiple sources to determine when SHIB might surge to ambitious targets such as $0.00024 or $0.0058.

Shiba Inu is gradually recovering from the recent downturn, which saw its price drop to the $0.000012 level last week. It has since rebounded and is currently trading at $0.00001309 as of the latest update.

Despite the brief recovery, Shiba Inu is still showing a 7-day decline of 9.84%. Conversely, its price has increased by 3.01% in the past 24 hours and 0.72% over the past week.

Shiba Inu Potential Surge to $0.00024 or $0.0058 

Shiba Inu’s modest rebound has reignited investor optimism, with many anticipating a rally toward higher targets like $0.00024 or $0.0058. Reaching these levels would require SHIB to eliminate up to two zeros from its current price.

To hit these targets, Shiba Inu would need to rise by approximately 1,733% to reach $0.00024, and 44,208% to hit $0.0058, based on its current price of $0.00001309.

Assuming the supply remains at 589.5 trillion tokens, a price of $0.00024 would imply a market cap of $141.48 billion, while $0.0058 would correspond to a staggering valuation of $3.41 trillion.

Several entities believe Shiba Inu could eventually clinch the $0.00024 and $0.0058 marks under favorable market conditions. As a result, we compiled the views of various experts regarding when these predictions could materialize. 

Predictions for Shiba Inu’s Surge to $0.00024 or $0.0058

Experts affiliated with the crypto trading platform Changelly predict that Shiba Inu will reach the $0.00024 target by February 2032, seven years from now. They expect SHIB to hit an all-time high of $0.000246 by then. 

However, the experts project that the $0.0058 prediction will materialize eight years later, specifically by May 2040.

Telegaon 

Leading crypto prediction platform Telegaon suggests that the $0.00024 forecast would come to fruition in three years, 2028. According to the prediction, Shiba Inu’s price is expected to hover between $0.000207 and $0.000312 by 2028. 

For the $0.0058 forecast, Telegaon expects it to become a reality between 2036 and 2039, which is 11 to 14 years from today. 

ChatGPT and Grok Potential Timelines 

Meanwhile, we also consulted two leading AI chatbots to gauge their timelines for SHIB’s rise to $0.00024 and $0.0058. 

ChatGPT 

According to ChatGPT, Shiba Inu will hit the $0.00024 price milestone between late 2025 and mid-2026, potentially driven by a strong bull market, SHIB token burn, and widespread adoption of Shibarium. 

However, the chatbot expects the $0.0058 forecast to play out by late 2031 or early 2032. ChatGPT suggests that achieving this feat would require reducing Shiba Inu’s supply by 50–75%, massively expanding SHIB’s utility, and riding two more bull cycles in 2028 and 2032. 

Grok 

On the other hand, X’s Grok issued its prediction under two different scenarios: optimistic and conservative. For the optimistic scenario, Grok forecasted that SHIB will clinch the $0.00024 target this year. 

However, it set a conservative timeline of 2030, suggesting that SHIB could trade at $0.00024 within the next six years. Furthermore, Grok projects that Shiba Inu will not reach the $0.0058 target until 2040, 15 years from now. 

Santana Predicts When SHIB Could Hit $0.0002

Last year, prominent market analyst Alan Santana forecasted that Shiba Inu could soar near the $0.00024 target this year. In the analysis, Santana suggested that Shiba Inu was in an ‘accumulation phase,’ which could see the asset trade sideways and eventually reach a target price of $0.00023179 by the end of 2025.