When will Shiba Inu (SHIB) reach $0.05: Verifying multiple predictions from ChatGPT to industry experts

Shiba Inu is one of the most attention-grabbing meme coins in the cryptocurrency market. Since its historic surge in 2021, this asset has continued to attract strong interest from the investor community. In particular, discussions about the possibility of reaching a target price of $0.05 are actively exchanged among market participants.

Current Status of SHIB (Shiba Inu): Past Glory and Present Position

Between August and October 2021, SHIB experienced a rise of several million percent in just 14 months since its listing in August 2020, becoming a globally recognized name. This rapid surge was emblematic of the meme coin phenomenon. However, following changes in the market environment, meme coins themed around dogs have been on a long-term downward trend.

Currently, SHIB faces a 5.6% correction pressure over the past 24 hours, with a weekly decline of 6.2%. On a longer-term view, however, the 14-day chart shows a 7.9% increase, a 26% rise compared to the previous month, and nearly a 140% performance since April 2023. This complex price movement suggests both market uncertainty and potential for long-term growth.

Multiple Scenarios for Reaching $0.05: AI Predictions vs. Industry Analysis

ChatGPT Scenario: Around 11 Years Later in 2035

Popular AI chatbot ChatGPT offers a very interesting outlook. According to this AI, Shiba Inu could reach $0.05 approximately 11 years from now, in 2035. ChatGPT states, “Considering Shiba Inu’s strong community support, ongoing efforts to improve utility, and the potential for broader adoption, achieving or surpassing $0.05 within the next decade is reasonable.”

At the same time, the AI also advises caution, commenting, “Market volatility and the evolving cryptocurrency environment require a long-term investment approach.” This emphasizes the importance of strategies that are not solely driven by short-term price fluctuations.

Changelly’s Conservative Outlook: Maximum $0.0293 by 2050

Meanwhile, major cryptocurrency exchange Changelly adopts a more conservative stance. Their forecast predicts a maximum price of $0.02929707 by 2050, roughly 60% of the $0.05 target. This means that, according to Changelly, SHIB would need more than 26 years after 2023 to reach $0.05. This conservative outlook reflects a realistic analysis considering supply volume and market cap constraints.

Telegaon’s Intermediate Scenario: Range Between 2035 and 2040

In contrast, Telegaon suggests an intermediate position, predicting that SHIB could reach $0.05 between 2035 and 2040. This scenario sits between ChatGPT’s optimistic outlook and Changelly’s conservative forecast, reflecting a more realistic market dynamic.

Price Rise Potential Through Token Burn Strategies

There is also a possibility of reaching the $0.05 target sooner, driven by the Shiba Inu team’s new burn mechanisms. Reports indicate plans to burn trillions of tokens annually.

The strategic importance of burn mechanisms is significant. Reducing circulating supply increases relative scarcity, which, if demand remains steady, can exert upward pressure on prices. Large-scale token burns could make the scenario of reaching $0.05 more feasible. The extent and continuity of the burn strategy implemented by the SHIB team will be a key variable influencing price movements.

Factors Investors Should Consider: Balancing Expectations and Reality

While multiple forecasts are presented, it’s crucial to recognize that each scenario is based on different assumptions. ChatGPT’s 2035 prediction assumes ongoing community support and utility expansion. Changelly’s conservative outlook considers market saturation and continued supply pressure. Telegaon’s intermediate scenario presumes gradual adoption and moderate burns.

Whether SHIB will truly reach $0.05 depends heavily on how these assumptions materialize. Market volatility remains high, and sustained innovation and community engagement are essential for long-term value building. Investors should consider these various scenarios and make decisions based on their own risk tolerance and time horizon.