Shiba Inu: What Will SHIB's Price Be if Bitcoin Hits $350,000?
Shiba Inu is currently trading around the $0.000017 mark on Tuesday and is up by nearly 2% in the charts. On the other hand, Bitcoin is hovering around the $61,054 mark and is down by 2% in the day’s trade. Both Shiba Inu and Bitcoin are looking to climb up in the indices and deliver profits to investors.
Also Read: Shiba Inu To Reach 62 Cents? Here’s When SHIB Could Hit $0.62
Robert Kiyosaki, Author of the best-selling financial self-help book Rich Dad Poor Dad has predicted that Bitcoin could reach a price target of $350,000. So if Bitcoin reaches $350,000, what will Shiba Inu’s price be? In this article, we will provide a hypothetical price for SHIB if BTC hits the $350,000 milestone.
What Will Shiba Inu’s Price Be if Bitcoin Reaches $350,000?
Bitcoin is currently trading around the $61,000 mark and needs to rise approximately 475% to reach $350,000 price target. SHIB mostly moves in tandem with BTC’s price and replicates its price performance in the charts.
Also Read: When Will SHIB Reach 50 Cents?
Therefore, if Shiba Inu also rises 475% in tandem with Bitcoin, its price could reach the $0.000097 threshold. That’s a stone’s throw away from the $0.0001 mark which several analysts have been predicting. It would also mean that SHIB would reach a new all-time high if it hits the $0.00009 mark.
The current ATH for Shiba Inu is $0.00008616, which it reached in October 2021. It deleted six zeroes in less than a year back then but is now struggling to knock out its fourth zero. It’s getting close to three years now since Shiba Inu failed to delete a single zero in the charts.
Also Read: Rags to Riches: Shiba Inu Made $1,000 Turn into $10 Million
Read here for a realistic price prediction on when Shiba Inu could reach the $0.01 mark. The majority of investors are hoping for the token to breach the 1 Cent milestone and deliver them the profits that they’ve been wanting to attain all along.
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