Shiba Inu Proponent Says One Zero Gone, Not 1,000 Years, for $SHIB to Reclaim ATH

Shiba Inu long-term proponent Mazrael has pushed back against claims that $SHIB could take an extremely long time to reclaim its all-time high. According to him, Shiba Inu only needs one zero eliminated from its current price to return to its previous ATH.

Mazrael made the argument in response to a critic who questioned whether $SHIB holders could survive long enough to wait for the token to eliminate two zeros, likening it to biblical figure Noah living nearly 1,000 years.

However, Mazrael suggested that this comparison overlooks $SHIB's historical volatility and the progress its ecosystem has made since the 2021 bull market. He pointed out that $SHIB would need a 16.7x increase to revisit its ATH of $0.00008616 from its current price of $0.000005159.

Mazrael highlighted $SHIB's historical price performance, noting that it has achieved a 16.7x increase within a single week on 12 separate occasions. He also mentioned that $SHIB removed its last zero in just two days, suggesting another major rally could potentially eliminate the remaining zero faster than critics anticipate.