A veteran crypto investor has predicted that Shiba Inu could clinch a new all-time high (ATH) if Dogecoin reaches an ambitious target of $1.50.
“Investments CEO” took to X to predict a major rally that could drive the prices of major assets like Dogecoin and Shiba Inu to new heights. In the bullish forecast, the analyst projected that Dogecoin will rally to $1.50, marking a new all-time high for the firstborn meme coin.
Notably, the analyst suggested that Shiba Inu will not be left out of the rally. According to him, SHIB could reach an ambitious target of $0.001, translating to a market cap of roughly $589 billion.
No Major Fundamental Backing Projections
Investments CEO did not outline any fundamentals that could help DOGE and SHIB hit the ambitious targets of $1.5 and $0.001, respectively. Instead, he encouraged his nearly 600,000 followers to interact with the post to make the prediction come true.
The rationale behind the call is that the engagement could attract the attention of new investors and potentially fresh capital to the tokens.
Shiba Inu to $0.001 Price Predictions
Nonetheless, the $0.001 Shiba Inu price forecast aligns with similar projections from top analysts like LuckSide, Crypto Sheriff, and Krao.
In one of our analyses, we estimated that it would take Shiba Inu around 17 years and one month to clinch the $0.001 target if its price grows 30% annually beginning from July 2025.
Popular market commentator Armando Pantoja predicted in August 2024 that the Shiba Inu market would soon experience rapid demand that would eventually push its price to $0.001.
Following the approval of spot-based Ethereum ETFs, Coinpedia Markets projected that SHIB could spike between 10x and 100x, potentially driving Shiba Inu’s price beyond $0.001 to $0.0016.
Bearish Performance Looms in August 2025?
Meanwhile, data from CryptoRank suggests that Shiba Inu might be gearing up for a bearish performance this month.
Since 2021, Shiba Inu has only ended the month of August in green on two occasions. It saw a spike of 10.1% in August 2021 and a slight gain of 3.36% in August 2022. However, the subsequent months, August 2023 and August 2024, ended in losses, with the token crashing 5.44% and 13.3%, respectively.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
