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Can Shiba Inu Reach $0.01?

TheMotleyFool

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Even though Shiba Inu (CRYPTO: SHIB) has likely been one of the most volatile cryptocurrencies out there, it has still been a big winner for those daring speculators who put their money behind it. Although the token is 89% below its peak price, it has crushed the stock market since its launch back in 2020.

Some fervent Shiba Inu bulls probably have their sights set on a much higher price target, though.

Can this dog-inspired cryptocurrency one day reach $0.01? This would translate to a monster gain of more than 1,000-fold from today's price. Let's dive in and find out if this is a possibility.

Source Fool.com

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