Many believe the Shiba Inu price could still reach new heights despite the ongoing market uncertainty, but opinions diverge on the matter.

Shiba Inu price has witnessed intense turbulence amid the ongoing market-wide downtrend. For context, the asset has experienced four consecutive monthly losses since December 2024, resulting in a 69% decline within this period. This represents the first time SHIB has seen such bearish performance since mid-2023. 

Shiba Inu Price Predictions Amid Downturn

With an additional 4.61% drop so far this month, Shiba Inu might be on track to see a fifth consecutive monthly loss for the first time in its five-year history. However, this bearish atmosphere has not had as significant an impact on investors as many expected. Notably, accumulation trends and bullish projections have dominated the scene.

These projections have identified Shiba Inu price expectations for the short term, especially before the end of this bull run, and also for the long term. For instance, last September, market analyst Michael predicted SHIB to hit $0.0002 in the short term. In addition, Charting Guy also teased the $0.0002 price in November 2024.

Also in November 2024, Shiba Inu community figure SHIB Bezos highlighted five price targets for the meme coin amid projections that Bitcoin could hit $280,000 in this bull run. Interestingly, the lowest of these targets was $0.0008. Meanwhile, last January, The Crypto Basic explored Shiba Inu’s potential to make millionaires at the $0.004 price target.

When Can Shiba Inu Price Hit $0.0002, $0.0008, and $0.004?

However, amid these predictions, it remains to be seen when Shiba Inu can hit any of these targets. To assess possible timelines, we turned to market resources such as Telegaon and Changelly, as well as AI chatbots ChatGPT and Grok AI. 

Currently, Shiba Inu changes hands at $0.00001187 at press time. This indicates that the meme coin would need to increase by 1,584% to reach the lower $0.0002 target, and by a more substantial 6,639% to claim $0.0008. In addition, Shiba Inu price must spike 33,598% to hit the audacious $0.004 target.

ChatGPT and Grok AI Respond

The Crypto Basic asked ChatGPT when it believes the meme coin could reach these targets. In response, ChatGPT noted that it expects Shiba Inu to claim $0.0002 between this year and the next. The chatbot stressed that higher Shibarium burns and broader market hype could contribute to this run. 

Meanwhile, for the $0.0008 target, ChatGPT expects it to materialize between 2027 and 2029. According to the AI model, this timeline is possible if the Shiba Inu ecosystem expands, particularly with increased Shibarium and Metaverse adoption. Another catalyst that could help is aggressive burns to make the supply much lower.

However, while the AI chatbot set a 2030 to 2032 timeline for the $0.004 goal, it insisted that this is only possible if Shiba Inu’s supply reduces to less than 300 billion tokens. This would represent a 99% reduction in supply, which might not be feasible in the near future.

Interestingly, xAI’s Grok predicted similar timelines. The chatbot believes Shiba Inu could reach $0.0002 in mid-2026 due to a bullish market run and community growth. It then predicts the meme coin to reach $0.0008 by late 2027 amid massive adoption. Nonetheless, Grok believes $0.004 would not materialize until 2030, aligning with ChatGPT’s prediction.

Projections from Changelly and Telegaon

Meanwhile, analysts at crypto exchange Changelly are less bullish. Notably, they believe Shiba Inu will only reach $0.0002 by February 2031, six years later. In addition, they expect the $0.0008 target to price in after 2034, with a projection that SHIB could hit $0.004 as a minimum price in April 2040.

However, Telegaon analysts have a more favorable outlook. According to Telegaon, Shiba Inu might reach $0.0002 in 2028. Further, they expect a run to $0.0008 between 2030 and 2035, less bullish than Grok and ChatGPT. Meanwhile, the platform believes SHIB has the potential to claim the $0.004 price between 2035 and 2040.