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.
I could be gone by then I don't know how good they are in their market analysis but we don't know the market make up on that time, in the past ten years the market has undergone drastic changes, new hype and new innovation are being introduced every year, I myself never thought that Litecoin will be out in the top 5 and Dogecoin will get a massive pump, we don't even know what's going to happen in the next five years, what more 28 years from now.