Shiba Inu's Zero Hangs in Balance as Bitcoin Bulls Target $100,000

Shiba Inu (SHIB) has been struggling to gain momentum since late 2024, when it peaked at $0.000032 in December of that year.

The cryptocurrency's price has been on a downward trajectory ever since and, despite briefly reclaiming $0.000006 in the recent market rally, it is still facing significant hurdles to get rid of its trailing zero.

According to Wall Street firms Bernstein and Standard Chartered, Bitcoin (BTC) could potentially hit $100,000 by the end of this year, with Bernstein predicting a price of $125,000 and Standard Chartered anticipating BTC to test its previous peak of $126,000.

If such a scenario were to play out, it's possible that SHIB could reach the $0.00001 price level or higher, which would be a significant milestone for the cryptocurrency.