Shiba Inu Could Reach $5 By 2050, Predicts Analytics Firm
Forecast and analytics platform Telegaon which uses AI-powered technical analysis, similar to Gov Capital and Wallet Investor has painted a rosy picture for long-term holders of Shiba Inu. The analytics firm has predicted that Shiba Inu could reach $5 by the year 2050. Telegaon has predicted that Shiba Inu will reach a minimum of $5.42 and a maximum price of $9.61 in 2050. The firm claims that SHIB’s average trading price in 2050 could be around $7.89.
For SHIB to reach $5, the token needs to spike 26,000,000% from its current price. SHIB has spiked 42,000,000% from its inception in August 2020 up until today.
According to Telegaon, SHIB could breach the $1 milestone by 2040 and touch a minimum price of $1.13. Their prediction also states that SHIB’s maximum price could reach $4.15 in 2040 and its average trading price could be around $2.76.
Telegaon also projected that SHIB will cross the $0.001 mark by the end of 2030. Also, SHIB could breach the ‘1 Cent’ milestone anywhere between 2030 to 2040, predicts Telegaon.
If the predictions from Telegaon turn out to be accurate in 2040 and 2050, current SHIB holders might earn generational wealth. However, 28 years is a long shot from today, and a majority of current holders might sell their holdings by then.
More info:
https://watcher.guru/news/shiba-inu-could-reach-5-by-2050-predicts-analytics-firm What is your comment after reading this article