Shiba Inu eyes the $0.001 mark. Can it erase two zeros from its current valuation?

Aug 29, 2024 Aug 29, 2024

SHIB is currently priced at $0.000014 with a market cap of $8.25 billion, ranking 13th in cryptocurrency.

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Recent performance: SHIB spiked 2% this week but lost 18.5% in value over the last 30 days.

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Changelly predicts SHIB might hit $0.0000227 in 2024, still far from the $0.001 target.

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SHIB needs increased adoption, expanded utility, and token burning to reach the $0.001 target.

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