Crypto analyst Amonyx predicts that Shiba Inu could deliver a remarkable rally this bull run, provided Ethereum climbs to a new all-time high of $10,000.
As the crypto market braces for another potential bull run, market watchers have continued to issue bold predictions. Amonyx, a pseudonymous investor with nearly 130,000 X followers, recently joined the trend.
Shiba Inu Price if Ethereum Hits $10K
The analyst took to X to speculate on how top cryptocurrencies, including Ethereum (ETH) and Shiba Inu (SHIB), might perform in this bull run.
Many expect this year’s bull run to reach a peak by December 2025. With only a few months remaining, Amonyx anticipates that ETH and SHIB will hit ambitious price targets before the cycle ends.
Notably, he forecasted that Ethereum would reach a target of $10,000. This would mark a new all-time high for Ethereum, surpassing the previous peak of $4,959 by 101.89%. However, Ethereum must rally 131% from its current value of $4,329 to clinch the $10,000 target.
Similarly, Amonyx projects that Shiba Inu would reach an ambitious target of $0.001 during this bull run. Achieving this milestone would require Shiba Inu to eliminate two zeros after its decimal, potentially marking a new all-time high for the token.
From the current price of $0.00001297, SHIB must rally 7,610% to reach $0.001. In other words, Amonyx expects Shiba Inu to stage a jaw-dropping event by December 2025.
Close Relationship Between Shiba Inu and Ethereum
Meanwhile, Shiba Inu’s 2025 performance has been far from expectations. The asset has lost 38.7% of its value since the start of the year. Despite the recent slump, many remain optimistic about Shiba Inu’s prospects.
As an ERC-20 token, SHIB’s performance is often influenced by ETH’s price movements and sometimes outperforms Ethereum. For context, while Ethereum’s price has increased by 0.17% over the past week, SHIB has recorded a surge of 4.65% in the same period.
Meanwhile, it remains uncertain whether SHIB could achieve outsized gains strong enough to push its price to $0.001 should Ethereum climb to $10,000 in this bull run.
$0.001 Predictions
Meanwhile, the $0.001 target is not new to Shiba Inu community members. It has featured prominently in several analyses.
Analyst Krao previously predicted that the SHIB price would hit $0.001 in Q1 2025. However, the prediction did not materialize.
Likewise, Crypto Sheriff referenced a breakout from a multi-year descending trendline last year to project a rally to $0.001. Unlike Krao, Sheriff did not set a timeline for when SHIB might achieve the milestone.
Earlier this year, The Crypto Basic estimated that SHIB might reach the $0.001 target by August 2042. The analysis assumed that SHIB would grow at a 30% annual rate.
While Amonyx projects that Shiba Inu could climb to $0.001 at the peak of the bull run, such a rally would require the alignment of multiple favorable factors. They include sustained retail enthusiasm for meme coins, as well as positive Shiba Inu initiatives, such as increased token burns.
Earlier, The Crypto Basic outlined five supply-reduction strategies Shiba Inu could adopt to address its massive 589 trillion token supply. The analysis suggested that the substantial burn could drive SHIB’s price to loftier targets, particularly $0.001.
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.
