Bitcoin Author Predicts 193.774% Rise for Shiba Inu to $0.05

A prominent Bitcoin expert has claimed a stunning rally that will push the price of Shiba Inu 193.774% to $0.05.

Over the past 24 hours, Shiba Inu has emerged among the best performing assets, recording gains of more than 8%. Previously, SHIB made an intraday low of $0.00002365, but the emergence of bulls took it to a new daily high of $0.00002592 at the time of writing.

The gradual return of the Shiba Inu has attracted optimistic market observers who are review your perspective in the thriving bull market. Bitcoin author Jason Williams is one such market observer.

Shiba Inu will increase by 193.774% this season

In a recent post on X, Williams boldly set a $0.05 target for Shiba Inu in this ongoing bull cycle. This ambitious projection from Shiba Inu is in line with its expected Bitcoin entry to $336,000 between now and 2025.

At last check, Shiba Inu is trading at $0.00002579. In the hypothetical scenario where Shiba Inu drops three zeros to trade at $0.05, it will rise by an astonishing 193.774%.

What it means to trade SHIB at $0.05

In essence, Williams predicts a Price growth of 1,937 times for Shiba Inu by 2025. Notably, his projection for Bitcoin reaching $336,000 this cycle implies only a fourfold gain, bringing BTC’s market capitalization to around $6.6 trillion. Other industry commentators have issued comparable targets for Bitcoin this cycle.

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Meanwhile, if Shiba Inu reaches $0.05, its market capitalization would rise to $29.46 trillion, surpassing Bitcoin’s market capitalization by more than four times. This implies that Williams expects Shiba Inu to overtake Bitcoin in terms of importance this cycle, perhaps without realizing it. This is highly speculative and unlikely.

Analytical tip for when Shiba Inu might reach $0.05

On the other hand, prediction platforms are popular Telegaon speculated on when Shiba Inu could reach $0.05. In a report, Telegaon suggested that SHIB could have a floor price of $0.054 by 2040, sixteen years from now. At the same time, they proposed a minimum price of $704,543 for Bitcoin by that time.

Assuming Bitcoin has a circulating supply of 20 million by 2040, its market capitalization would be $14 trillion. While this would still be below the Shiba Inu’s hypothetical $29 trillion limit, SHIB’s enormous supply is expected to have declined dramatically in sixteen years.

Essentially, Shiba Inu’s market capitalization may not reach $29 trillion by 2040 at a price of $0.05 due to its ever-decreasing supply, unlike Bitcoin’s fixed supply.

Disclaimer: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinion of The Crypto Basic. Readers are encouraged to do thorough research before making any investment decisions. Crypto Basic is not responsible for any financial losses.

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