SHIB Community Vouch for $0.01 Price Targetš„š„š„
SHIB Price To $0.01 Ahead?
However, SHIB price saw significant turbulence today, plunging nearly 2.5% as of writing to reach $0.00001806. Its intraday low and high were $0.00001785 and $0.00001851, respectively. Notably, the coinās waning action aligns with the broader market trend today, sparking speculations contrary to the burn rate surge and positive developments.
Nevertheless, the massive continued burning has projected optimism on SHIBās long-term prospects. Notably, the Shiba Inu marketing lead LUCIE has sparked noteworthy intrigue surrounding a potential $0.01 price target for the meme coin ahead. Earlier this year in March, Lucie revealed that she has been HODLing the token since 2021 and strongly believes in its potential to reach $0.01 ahead, although achieving this feat may take time.
On the other hand, Coinglass data indicated a 5.9% drop in the cryptoās futures OI to $52.65 million today. Further, the derivatives volume dropped nearly 22% to $106.71 million. This data aligns with the coinās tumbling movement today, although broader prospects shine with optimism, attributable to the abovementioned developments.
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