00:00Back in 2021, Shiba Inu, SHIB, was the talk of the town.
00:05As a meme coin, it faced little competition and often topped search trends whenever hype built up.
00:11But over the last three years, not much has happened.
00:15Last year, we saw a rally of 350-400%, yet SHIB still hasn't made significant moves.
00:23Now, the time might be coming when SHIB could do something big,
00:27but the market is buzzing with all sorts of predictions.
00:30Some people still believe SHIB is strong, while others think it's dead.
00:36Everyone has their own opinion and research.
00:39Let me be clear. This is not financial advice.
00:42If you're investing in any cryptocurrency, don't do it without thorough research.
00:47Today, we're diving into the predictions about SHIB that are trending, especially on platforms like X.
00:54You can listen to predictions, but whether they'll come true on time is anyone's guess.
00:58Some predictions are legitimate, saying SHIB could hit a certain price within a reasonable time frame, and those make sense.
01:07But others?
01:09They're far-fetched, huge predictions for a short period, like expecting a price that might take 10 years to hit in just 6 months or a year.
01:16However, when you're holding a coin like SHIB, and you hear a big prediction about it hitting a massive price soon, it's exciting.
01:24It feels good to imagine that payoff.
01:27But here's the thing.
01:29It only matters if the coin actually reaches that price.
01:32The most searched question about SHIB is, when will it hit $1?
01:37Or, in India, when will it hit 1 rupee?
01:40So, let's talk about these two targets, 1 rupee and 1 dollar.
01:44In India, where the currency is Indian rupees, many SHIB investors are eyeing 1 rupee as a goal.
01:52Since 1 rupee is smaller than 1 dollar, it's seen as the first step.
01:56Is 1 rupee a realistic target?
01:59It could be.
02:01If SHIB sees a massive rally in the next 2 or 3 months, say, within the 8 months left in 2025,
02:09the 1 rupee target looks justified based on current charts and price action.
02:13There's a chance it could happen this year.
02:16Whether it will or not, only time will tell.
02:19But if we say SHIB won't hit 1 rupee until 2030, that's too slow for a cryptocurrency.
02:26Crypto moves fast, right?
02:29Now, let's talk about the big one, 1 dollar.
02:32We've discussed this many times.
02:35To reach 1 dollar, SHIB would first need to hit 1 rupee,
02:39which, at current exchange rates, is about 0.012 dollars,
02:44since 1 dollar is roughly 80 rupees minus 90.
02:48SHIB hasn't even crossed 1 rupee yet, so imagine the massive jump needed to get to 1 dollar.
02:53Right now, SHIB's price has multiple zeros, 2 in Indian rupees and 4 in US dollars.
03:02Hitting 1 dollar would require an enormous leap, and that's not just about price.
03:07SHIB's market cap would need to grow tremendously, and that only happens with huge trading volume.
03:13Could that kind of volume come this year to push SHIB to 1 dollar?
03:17Honestly, it seems nearly impossible unless something extraordinary happens,
03:22like Bitcoin soaring to 1 million dollars or some other market miracle.
03:26If nothing like that occurs, and Bitcoin is heading toward, say, 300,000 dollars,
03:32SHIB hitting 1 dollar this year is unlikely.
03:36You might have to wait until 2030 or beyond for 1 dollar, and that's okay, big things take time.
03:41The 1 rupee target, though, feels more achievable in a shorter period.
03:47There are plenty of predictions out there taking SHIB to 1 dollar.
03:52Some said it would happen in 2023 or 2024, but those years passed without it hitting that mark.
03:59Others are saying it'll happen this year.
04:02SHIB got a massive push in 2021 because it was the second largest meme coin at the time,
04:07which drove its hype.
04:08But can it make another huge jump to hit 1 dollar anytime soon?
04:14In my view, and based on current market conditions, it's not realistic.
04:18If a miracle happens, maybe, but otherwise, it's a stretch.
04:23What do you think SHIB can do in this market?
04:26Is 1 dollar possible anytime soon?
04:29Can SHIB recreate that 2021 hype and make a massive leap?
04:34Share your views, but always do your own research before believing any prediction.
04:38No matter how exciting a forecast sounds, like SHIB hitting 1 dollar by year-end, you need to check if it's feasible.
04:47I hope you found this discussion helpful.
04:49If you liked it, give it a like, share it, and follow for more.
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