Telethon’s forecast considers several factors. This includes ongoing and future trends as well as adoption rates. Burns, in the SHIB ecosystem, are quite pertinent. With a high circulating supply, sending these tokens to a dead wallet is necessary. Additionally, if Shiba Inu continues to grow in popularity and utility, and if the broader
crypto
market stabilises and enters another bullish phase, reaching 1.5 cents could become a reality within the next decade or two.
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